The American Society of Appraisers (ASA) now offers a streamlined way for CFAs to earn its business valuation credential. CFAs with five years of full-time business valuation experience now qualify for “education equivalency” for the ASA credential. That means that CFAs who qualify no longer have to take ASA’s BV201 through 204 classes or exams.
Faster track: This policy change is in recognition of the rigorous curriculum an individual must go through to obtain the CFA credential. CFAs would still have to take a Uniform Standards of Professional Appraisal Practice (USPAP) course (available online), meet ASA’s ethics requirements, and submit a report for peer review. Of course, ongoing educational requirements are required. Accreditation information is available if you click here.
Extra: BVR and BVWire will be at the ASA’s Advanced Business Valuation Conference September 11-14 in Boca Raton, Fla. There’s a terrific lineup of speakers and sessions, so we urge you to attend. Stop by the BVR booth and say hello!
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