At ESI, our team is comprised of qualified professionals with credentials such as: Accredited in Business Valuations (ABV), Certified Valuation Analyst (CVA), Accredited in Business Appraisal Review (ABAR), or Accredited Senior Appraiser (ASA).
The American Institute of Certified Public Accountants
The American Institute of Certified Public Accountants (AICPA) began offering the Accredited in Business Valuation (ABV) accreditation in 1997. It is offered to CPAs who have successfully completed the following:
- A member in good standing of the AICPA
- Hold a valid CPA certificate or license
- Successful completion of a proctored eight hour examination
Approximately 3,000 people hold the ABV designation. Scott Miller holds this credential.
The National Association of Certified Valuators and Analysts
(CVA Designation and ABAR Designations)
The National Association of Certified Valuators and Analysts (NACVA) trains and certifies Certified Valuation Analysts (CVA) to perform business valuations as a service to both the consulting community and the users of their services. Through training and rigorous testing, CVAs demonstrate they are qualified to provide capable and professionally executed valuation services. NACVA recommends specific training as a prerequisite to certification to assure that practitioners have the knowledge and understanding necessary to perform competent services, and to assure a level of consistency and continuity in their work product.
Approximately 6,000 professionals hold the CVA designation. Scott Miller, Sandy Paavola, Craig Olinger and Alison Geanon all hold this credential and they are each NACVA members.
The ABAR designation is the valuation profession’s only credential certifying competence in the review of business appraisal reports. As such, the ABAR credential is specially designed for business valuators whose work involves the review of valuation reports and analysis performed by others—a select group that includes managers, expert witnesses, attorneys, coaches, mentors, trainers, and government appraisers.
Approximately 80 professionals hold the ABAR designation, including ESI’s Sandy Paavola.
American Society of Appraisers
Organized in 1936, the American Society of Appraisers represents the oldest and only major appraiser organization representing all disciplines of appraisal specialists. It offers the Accredited Senior Appraiser (ASA) designation in the business valuation discipline to its members who meet the following requirements:
- Four year college degree or equivalent
- At least three years of full-time appraisal experience
- Attendance and successful completion of four 27 hour training courses and proctored examinations in business valuation
- Approval by the Society’s Board of one actual business valuation report
- Successful completion of a course and examination on the Uniform Standards of Professional Appraisal Practice (USPAP) of the Appraisal Foundation
- Successful completion of an examination on the Society’s Code of Ethics
Approximately 1,200 people hold the ASA designation in the business valuation discipline. ToniLynne Kildow holds this designation and she, Sandra Paavola, Craig Olinger, and Christopher Kraft are members of the American Society of Appraisers.