Overview of the Certified Valuation Analyst (CVA) Exam
The Certified Valuation Analyst (CVA) credential targets financial professionals, accountants, and consultants requiring rigorous competency in business valuation methodology. Candidates must demonstrate technical mastery of the International Glossary of Business Valuation Terms and the Uniform Standards of Professional Appraisal Practice (USPAP). Core technical objectives require proficiency in income, market, and asset-based approaches, including weighted average cost of capital (WACC) calculations, discounted cash flow (DCF) modeling, and market multiple analysis. Mastery necessitates applying professional standards to equity risk premiums, minority discounts, and lack of marketability (DLOM) adjustments while utilizing advanced financial software to synthesize complex qualitative and quantitative data into defensible valuation reports.