Valuation Credential Update for Mike Bankus
The Certified Valuation Analyst designation is the only valuation credential accredited by the National Commission for Certifying Agencies (NCCA), the accreditation body of the Institute for Credentialing Excellence (ICE).
Valuation and Finance expert Michael Bankus, CVA, MBA, with Goriano Experts & Advisors has previously been awarded the prestigious Accredited Valuation Analyst™ (AVA™) credential from the National Association of Certified Valuators and Analysts™ (NACVA®). Effective April 1, 2013, the AVA credential has merged with the Certified Valuation Analyst® (CVA®) credential, and Mr. Bankus will now hold the CVA credential. The CVA credential is granted only to qualified individuals with considerable professional experience in the field of business valuation.
“The CVA designation is an indication to the business, professional, and legal communities that recipients have met NACVA’s rigorous standards of professionalism, expertise, objectivity, and integrity in the field of business valuation, financial consulting, and related consulting disciplines,” stated Parnell Black, MBA, CPA, CVA, Chief Executive Officer of NACVA. “The merger of the AVA and CVA credentials will help unify the membership and the profession and further position NACVA and its members as the worldwide industry leaders in the valuation profession.”
“NACVA’s CVA designation is the only valuation credential accredited by the National Commission for Certifying Agencies® (NCCA®), the accreditation body of the Institute for Credentialing Excellence™ (ICE™),” Black added.
To become accredited by NACVA, the candidate is required to successfully complete an intensive training and testing process. An initial requirement to becoming a CVA is that the applicant either be a licensed Certified Public Accountant (CPA) holding an active, valid, and unrevoked CPA license in his or her state, or hold a business degree and/or an MBA (Masters of Business Administration), or higher business degree, from an accredited college or university. Further, those without a CPA license must have two years or more of full-time or equivalent experience in business valuation and related disciplines. Those who have earned the CVA credential must be recertified every three years in order to maintain their credential.
About Goriano Experts & Advisors:
Goriano Experts & Advisors, a consulting firm serving the legal and business communities since 2002, provides Business Valuation, Business Consulting and Litigation Support services to all sizes of businesses, from "main street" to stock exchange listed companies. With a commitment to honesty, integrity and professionalism, Goriano Experts & Advisors strives to provide exceptional service and value to its clients.
About the NACVA:
Headquartered in Salt Lake City, UT, the National Association of Certified Valuators and Analysts (NACVA) is a global, professional association that delivers training from the nation’s leading experts in consulting fields such as business valuation, financial litigation forensics, expert witnessing, forensic accounting, fraud risk management, mergers and acquisitions, business and intellectual property damages, fair value, healthcare consulting, and exit strategies. Along with its training and certification programs, NACVA offers a range of support services, reference materials, software, and customized databases to enhance the professional capabilities and capacities of its members.