Recertification
NACVA’s recertification process follows a 60 CPE-hour system, whereby designees must obtain 60 hours of Applicable CPE in each three-year reporting cycle to comply with recertification.
Based on the frequency of changes and developments in the industry, the Valuation Credentialing Board (VCB) and Litigation Forensics Board (LFB) determined that recertification requirements must be completed every three years. All credential holders must comply with tri-annual recertification policies by December 31 of their reporting cycle. This period starts with the first full calendar year after receiving the designation and in three-year cycles thereafter. For example, if the designee certified in July 2021, the recertification cycle begins January 1,2022, with compliance due by December 31, 2024. CPE must be earned in the years 2022, 2023, and/or 2024. Using the example above, the next compliance due date would be December 31, 2027, where CPE must be earned in the years 2025, 2026, and/or 2027. Fees will be assessed to designees in order to cover HQ costs for administering and processing the recertification program.
Designees may earn the required 60 hours CPE from various CPE procedures:
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Hours of Continuing Professional Education (CPE)
- Designees are required to obtain 60 hours of CPE in each three-year cycle in business valuation, litigation support, financial forensics, or related areas of applicable CPE for which they will receive one point for each hour of CPE toward fulfilling the 60-hour requirement.
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Evidence of compliance means attesting to which courses—or parts of courses taken—meet the requirement. NACVA has not defined specifically approved courses; however, any course or conference sponsored or endorsed by NACVA or any course or conference with valuation, litigation, or financial forensics/fraud in its title would clearly apply. There will likely be gray areas, i.e., courses having some application to these disciplines, NACVA asks designees to use their best judgment to determine compliance and the appropriate hours to report. NACVA reserves the right to request more specific proof or evidence of course attendance and content, upon which full determination can be made as to actual compliance with NACVA’s CPE requirement.
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Credit for Participating in NACVA Recommended Courses
NACVA currently offers courses it considers helpful and beneficial to valuation and financial forensic professionals at all levels; participation in any of these courses will earn CPE. By taking these Recommended Courses, designees receive dollar credit offsets to the tri-annual recertification fee. Tri-annual recertification fee waiver(s) are only awarded once in a tri-annual recertification compliance cycle. However, if the courses are taken more than once in a cycle, the CPE awarded each time is included. View the NACVA Recommended Courses here.
See here for Emeritus designee and/or Non-Practicing CVA designee recertification requirements:
Applicable CPE
CPE earned from programs in the reporting cycle should relate to business valuation, financial litigation/financial forensics, forensic accounting, financial statement analysis, gift and estate planning, professional standards, exit planning, accounting, finance, economics, tax, audit, M&A, fraud, transaction advisory services, healthcare valuation, and ethics all qualify towards recertification.
Professional Development: CPE Credit for Authorship, Course Development, and Instructing on Behalf of NACVA
Designees can receive NACVA qualified CPE credit towards fulfilling their recertification requirements for works of authorship on behalf of NACVA on subject matter pertinent to business valuation, financial forensics/fraud, financial litigation, or intellectual property. This includes writing books, articles, and developing courses for instruction or self-study purposes (Works). The maximum amount of CPE that can be awarded for each of such Works is 12 hours for a single, original article of 2,500 words or more (not republished or written by the author outside the recertification cycle) or 30 hours of CPE for a book, an article series of 10,000 words or more, or developing a course for instruction that awards 8 hours or more CPE. CPE will not be granted until the Works is published. If designee believes his/her Works warrant the award of more CPE than that provided above, such designee may have their case reviewed by NACVA’s Valuation Credentialing Board (VCB) if designee is a CVA or the Litigation Forensics Board (LFB) if designee is a MAFF. If designee is both a CVA and MAFF, such review must be made by both boards for approval.
CPE Credit for Collegiate Experience
NACVA may allow designees six hours of NACVA qualified CPE credit towards fulfilling its recertification requirements for each college course taken or taught (undergraduate, graduate, semester, quarter), where a passing grade was received, during the three-year recertification cycle, so long as the course curriculum is of a nature that is “related or applicable to” the fields of business valuation, financial forensics/fraud, financial litigation or intellectual property. Designees must document and retain in their files when the course was taken, along with transcripts and syllabi as proof of such attendance, the relevance of such course, and show a passing grade of C or higher. Where the course was taught by the designee, documentation verifying that designee taught such course either as a full or part-time faculty, or an instructor, must be retained in your files.
Reporting CPE Requirement
Newly instituted for 2025 and beyond, NACVA credential holders only need to attest to having completed 60 hours of Applicable CPE credits to comply with tri-annual recertification and pay a $400* recertification fee. Reporting courses taken and CPE hours earned is no longer required. NACVA recommends designees track this information in their personal records. Completion and submission of the Recertification Attestation Form serves as confirmation to CPE earned. A certain number of members/credentialed designees will be subject to a random audit annually where they will be required to substantiate with documents/records their compliance with recertification. Records must be retained for three years following the reporting cycle (thus, given a three-year reporting cycle, records must be retained for up to a total of six years until the following reporting cycle due date).
*Designees will receive a $200 fee waiver given for each NACVA Recommended Course attended up to $400 (Recommended Courses, see here).
Request to Change Membership and/or Credential Status
