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.
CPE Credit for Collegiate Experience
NACVA may allow six hours of CPE credit towards fulfilling its recertification requirements for each college course taken (undergraduate, graduate, semester, quarter), and for which 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 or financial forensics. Transcripts and syllabi must be retained in your files as proof of such attendance, relevance, and showing a passing grade of C or higher.
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).
