The American Society of Appraisers (ASA) says that two individuals are the first ASA members to have earned the new Certified in Entity and Intangible Valuation™ (CEIV™) certification. They are Brian Marler, a director of Houlihan Lokey’s Financial Advisory Services business in the Los Angeles area, and Joseph Shalhoub, a vice president in the Portfolio Valuation group of Duff & Phelps located in Morristown, N.J. BVWire congratulates these two individuals!

The CEIV credential is related to fair value for financial reporting, and it has been developed under a joint effort of the AICPA, ASA, and RICS. These groups want to bring more consistency to the profession and reduce the number of questions auditors raise about the valuations. You can get the credential through the AICPA, ASA, or RICS, and there’s a special website where you can find more information. Recently, the ASA’s CEIV program development representative, William Johnston (Empire Valuation Consultants LLC), conducted a webinar for BVR that explains the credential and how to get it.