The AICPA, American Society of Appraisers (ASA) and the National Association of Certified Valuation Analysts (NACVA) are the three main valuation professional organizations (VPOs) in the U.S. that issue business valuation credentials. How many members do these organizations have? Chris Mercer (Mercer Capital) revealed the figures during his session on the future of the profession at the NACVA conference this past June.
U.S. VPO 2021 Membership (BV Credentials and Candidates)
| National Association of Certified Valuators and Analysts (NACVA)* | 6,075 |
| Association of International Certified Professional Accountants (AICPA) | 3,300 |
| American Society of Appraisers (ASA) | 2,168 |
| Total | 11,543 |
* includes 585 members of GACVA, NACVA’s group of international chapters.
Note: The numbers for the ASA and NACVA are confirmed; the AICPA figure is an estimate. These numbers also include individuals with multiple credentials.
Changes coming: Mercer also set his analytic sights on the business of educating and credentialing by these three organizations, and his conclusions and predictions may surprise you. See the September issue of Business Valuation Update for all the details.