With a proven track record of leadership in the full accounting ecosystem - from financial reporting to the audit, the AICPA recognizes the need for increased competence and improved quality, consistency and transparency in the performance of fair value measurements.
This fall, we will be introducing the Certified in Entity and Intangible Valuations™ (CEIV) credential for CPAs and Finance Professionals who perform fair value measurements for entities and intangible assets for U.S. public company financial reporting purposes. This includes estimating the fair values of entities and/or entity interests for goodwill impairment testing and stock compensation purposes, and intangible assets for purchase price allocation and impairment testing purposes.
The CEIV credential positions you as an expert in your field and is a powerful way of telling peers, clients and the world that you’re a consistent, reliable, transparent and trusted partner and practitioner in entity and intangible asset valuations. By obtaining the CEIV credential, you will demonstrate your commitment to enhancing audit quality and consistency and transparency in fair value measurements. In addition, you’ll enjoy valuable resources and information as well as the many benefits of AICPA membership.
Whether you're a CPA or a finance professional, you will be able to qualify for the CEIV credential.
Step 1: Learn
Specialized knowledge through self-study courses and live educational events will maximize your valuation and fair value measurement knowledge to help unlock new opportunities and enhance the services you offer.
Step 2: Pass the Exams
Two exams will be required to obtain the CEIV credential:
- Valuation Exam
Passing the ABV Exam for CPAs or the Valuation Principles Exam for Finance Professionals offered by the AICPA or one of the Other Qualifying Exams* below is required as a step toward obtaining the CEIV credential. To pass the ABV Exam or Valuation Principles Exam, use the resources offered by the AICPA. Visit the CEIV Pathway Tool to find out which exam is right for you.
*Qualifying Valuation Exams include Accredited Senior Appraiser (ASA) Business Valuation Exams, Chartered Financial Analyst (CFA) Exams, Chartered Business Valuator (CBV) Exam, or Royal Institution of Chartered Surveyors (RICS) Assessment.
Passing the CEIV exam will also be a required step toward obtaining the CEIV credential. The CEIV Exam will be based on the Mandatory Performance Framework and its related applications. The AICPA will offer resources and education on the Mandatory Performance Framework to prepare you for the CEIV Exam.
Step 3: Gain Experience
CEIV candidates will be required to meet minimum valuation- and fair value measurement-related experience requirements. There will be multiple points of entry based on each candidate’s experience level which will dictate your respective education requirements. Visit the CEIV Pathway Tool for your customized CEIV education pathway bundle.
Step 4: Get Credentialed
After passing the Qualifying Valuation and CEIV Exams and meeting the related education and experience requirements, you will be able to apply for the CEIV credential.