Who can register/signup for IACVA-ICVS Certification Exam?
There are minimum must criteria for obtaining the IACVA designation. Applicants who qualify with the minimum must criteria can register / signup.
What are the criteria for obtaining the IACVA designation?
1) Have a college degree from an accredited university, or have been granted a recognized finance related credential (such as the CFA, CMA, CPA, CA or CGA), and can be able to demonstrate substantial experience in investment or business valuation; Demonstration of “substantial” experience means:
Two or more year’s full-time equivalent experience in a valuation related discipline; or
Having performed ten or more valuations in which the applicant’s role was significant enough to be referenced in a valuation report; or,
Being able to demonstrate substantial knowledge of business valuation concepts, be published on the subject, completed graduate work in the field; or,
Having obtained a designation from another recognized business valuation accrediting organization.
2) Be a member in good standing of an IACVA Charter (at or prior to taking the examination);
3) While it is not required, IACVA strongly recommends completion of the IACVA training program and prescribed course of study in business valuation or fraud deterrence;
4) Submit three personal and three business references;
5) Successfully complete a comprehensive examination on valuation concepts.
Part I is five-hours of multiple choice questions designed to test participants on valuation theory and concepts.
Part II is the demonstration of experience and can be met in a number of ways: A three-hour case study (provided by IACVA) exam. The questions test best practices in the performance of a valuation; or Submit an actual sanitized (so as to protect your and your client’s identities) valuation report prepared in the last twelve months; or Prepare a valuation report based on a case study provided by IACVA.
The exam sections are administered by the Charter by using an independent exam proctor approved by IACVA.
How can applicants show experience in valuation?
Beginning in 2009 ICVS applicants can show experience in valuation through one of three options:
A: The first option is to submit for evaluation an actual sanitized (so as to protect your and your client’s identities) valuation report prepared in the last twelve months.
B: The second option is to prepare a valuation report based on a case study provided IACVA.
C: The third option was designed primarily for those seeking the ICVS designation, but not intending to be “valuation practitioners.” In this option the ICVS candidate will take an additional three-hour multiple choice examination designed to test the application of valuation theory and models. Those who pursue the ICVS with this option must agree that, at any time in the future, should they prepare a valuation report; the report will be submitted to a registered “mentor” for review/evaluation and compliance with IACVA’s Report Writing Standards.
In which countries are IACVA Charters established?
How can an applicant have IACVA membership?
Drawing on the respective and complementary strengths of Charter Members, IACVA offers individuals and organizations a means of enhancing opportunities in the valuation and fraud deterrence arenas. Applicant membership is available to individuals only through a Charter affiliation
How to find a local charter member?
Inquire of the local Charter Member or contact IACVA at info1@iacva.org for more information.
How can an applicant get Charter Membership or establishment of Charters?
IACVA confers the ICVS or CFD on applicants who are members of a Charter and, as such, Associate Members of IACVA. In the event that a Charter has not been established in the applicant’s country of residence, IACVA will agree to confer the designation on a successful candidate and to assign the membership to an existing Charter Member. Call +1-206-623-3200 for details or email IACVA at info1@iacva.org
How much does IACVA – ICVS certification exam cost?
IACVA – ICVS certification exam typically cost USD 595, but are priced according to currency values in specific countries and regions. This exam cost is fixed, unless it is included in the training package. Exam costs are subject to change. In some countries and regions, additional taxes may apply.
How far in advance must you schedule an exam?
ICVS certification exam requires 10-day advance appointment / block exam slot scheduling to ensure that the exam center has slots availability. ICVS certification online services will provide you with specific information for the examination you are trying to schedule.
How do I register/signup for IACVA-ICVS Certification Exam?
You can contact us via e-mail IACVA at info1@iacva.org and request a confirmation letter which includes the amount you paid for your exam.
How can an applicant keep the ICVS active?
To continue to hold an active ICVS, individuals must be Associate Members of IACVA. ICVSs who allow their membership to lapse will lose their certification and then must reapply to reinstate their membership and certification.
Note: With approval from IACVA, Charters may impose additional prerequisites as are deemed appropriate for a specific country.
For further questions, please contact info1@iacva.org.
Who can register/signup for IACVA-ICVS Certification Exam?