AICPA's ABV Examination Review Course
The AICPA's ABV credential is one of the most rigorous and prestigious business valuation certifications. It is an essential marketing tool for valuation professionals who specialize in this lucrative practice area.
NASBA Field of Study
Courtney N. Mussatt, Jason MacMorran, Chad Hoekstra, Andrew C. Blank, R. James Alerding
Newly enhanced and closely aligned with the ABV Exam, the AICPA's ABV Examination Review Course is the only comprehensive ABV Exam review program backed by the resources and collective expertise of business valuation professionals associated with the world's largest membership association representing the accounting profession.
The AICPA's ABV credential is one of the most rigorous and prestigious business valuation certifications. It is an essential marketing tool for valuation professionals who specialize in this lucrative practice area. A key step towards becoming an ABV credential holder, the ABV Exam tests a comprehensive range of business valuation knowledge which is listed in the Global ABV Examination Blueprint (ABV Blueprint).
The ABV Exam is offered in a two-part, modular format. Part 1, "Foundation of Valuation Theory", covers the ABV Blueprint section I and chapters 1-3 of the ABV Exam Review Course. Part 2, "Implementation of Valuation Methods", covers the ABV Blueprint section II and chapters 4-9 of the ABV Exam Review Course. Please reference the ABV Blueprint before preparing for the ABV Exam.
This course reviews most of the items on the ABV Blueprint and should be combined with independent reading and study to prepare for the ABV Exam.
- Professional Standards, the Engagement, and Standards of Value
- FASB Accounting Standards Codification 820, Fair Value Measurement
- Subject Company Analysis
- Income Approach to Value
- Cost of Capital
- The Market Approach to Valuation
- Asset-Based Approach
- The Valuation of Intangible Assets and Intellectual Property
- Valuation Adjustments: Discounts and Premiums and Reconciliation of Indicated Values
- Identify valuation related professional standards and guidelines issued by AICPA (for example, VS Section 100).
- Differentiate among standards of value, premises of value, and levels of value.
- Identify the five basic steps of a valuation engagement.
- Identify key areas related to valuation in the conceptual framework of fair value accounting, accounting for business combinations, and accounting for goodwill impairment.
- Distinguish among the three primary approaches to value (and related hybrid approaches), as well as identify and apply various types of valuation adjustments and the reconciliation of value estimates.
- Review sources of data, techniques, and methods used to analyze business interest, value drivers, and risk assessment.
Group ordering for your team
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