Alphabet Soup

Alphabet Soup

AccountingToday‘s Danielle Lee writes that “A growing roster of professional designations fosters credential-mania,” among CPAs, and devotes an article to surveying some of the most popular credentials today, including those from NACVA:

The CVA. The National Association of Certified Valuators and Analysts’ CVA credential does require a CPA license, along with coursework and an exam. Established in 1991, the credential is now held by more than 4,000 designees. The CVA is “extra important because the profession – valuating businesses – is in a constant state of change,” said Mark Morris, chair of NACVA’s valuation credentialing board. “New theories and methodologies are being devised all the time to fine-tune the valuation process.”

In Morris’ experience, even those accounting firms that employ CVAs seek outside credential-holders like himself to help with valuations during busy season. He also does “quite a bit of litigation, where I serve as an expert witness on litigation cases, whether it’s a dispute or divorce case.”

Read the full article here.