ABV Eligibility Requirements

For CPAs

  1. Maintain Regular AICPA Membership in good standing.
  2. Hold a valid and unrevoked CPA license or certificate issued by a legally constituted state authority.
  3. Pass the ABV Examination (requirement waived for candidates who have passed the ASA credential exam of the American Society of Appraisers, CFA exam level III of the CFA Institute or CBV credential exam of the Canadian Institute of Chartered Business Valuators).
  4. Upon successfully passing the ABV Exam, complete the ABV Credential Application online. Applicants must attest to meeting the minimum Business Experience and Education requirements pay the appropriate credential fee.
  5. Business Experience: CPA candidates must have obtained a minimum of 1,500 hours of valuation experience within the 5-year period preceding the date of the credential application. Refer to the ABV Credential FAQs for examples of business experience.
  6. Education Requirement: All candidates must complete 75 hours of valuation-related continuing professional development (CPD) within the 5-year period preceding the date of the credential application. Refer to the ABV Credential FAQs for further details.
  7. Sign a Declaration of Intent to comply with the requirements of ABV Recertification.

For Valuation Professionals

  1. Maintain Associate AICPA Membership in good standing.
  2. Hold a bachelor’s degree or equivalent from an accredited college or university and complete the AICPA Professional Conduct and Standards Education for Finance Professionals course.
  3. Pass the ABV Examination (requirement waived for candidates who have passed the ASA credential exam of the American Society of Appraisers, CFA exam level III of the CFA Institute or CBV credential exam of the Canadian Institute of Chartered Business Valuators).
  4. Upon successfully passing the ABV Exam, complete the ABV Credential Application online. Applicants must attest to meeting the minimum Business Experience and Education requirements pay the appropriate credential fee.
  5. Business Experience: Finance professional candidates must have obtained a minimum of 4,500 hours of valuation experience within the 5-year period preceding the date of the credential application. Refer to the ABV Credential FAQs for examples of business experience.
  6. Education Requirement: All candidates must complete 75 hours of valuation-related continuing professional development (CPD) within the 5-year period preceding the date of the credential application. Refer to the ABV Credential FAQs for further details.
  7. Sign a Declaration of Intent to comply with the requirements of ABV Recertification.