Welcome ICAS Members
The AICPA is proud to offer qualified Institute of Chartered Accountants of Scotland (ICAS) members access to select advisory credentials, including the Certified Information Technology Professional (CITP) credential, the Accredited in Business Valuation (ABV) credential and the Certified in Entity and Intangible Valuations (CEIV) credential.
CITP Credential Overview
The AICPA’s Certified Information Technology Professional (CITP®) credential represents the intersection of technology and finance. The Certified Information Technology Professional (CITP) credential is granted exclusively to professional accountants (as deemed by a governing body) who specialize and demonstrate specific skills, expertise and experience in areas that include:
- Information security and cyber risks
- Business intelligence, data management and analytics
- IT governance, risks and controls
CITPs understand the impact of these areas on financial reporting and overall business operations, positioning them as trusted advisers for clients and employers alike.
Benefits of Becoming a CITP Credential Holder:
- Positions you as a premier business adviser with proficiency in technology, business and finance
- Illustrates your proficiency in assessing technology risk and information management, supporting system implementations, and evaluating security and privacy programs
- Demonstrates your commitment to continuously improving IT skills and expertise, resulting in increased professional competency
- Identifies your ability to develop and maintain information governance, perform data analytics, provide insight for business decisions, and support financial reporting system implementations
- Expands your opportunities for referrals from other practitioners, strategic partners, employers, consumers and clients
- Includes you in a community of professionals with similar technology expertise and interests
ABV Credential Overview
The Accredited in Business Valuation (ABV) credential is granted exclusively to professional accountants (as deemed by a governing body) who demonstrate considerable expertise in valuation through their knowledge, skill, experience and adherence to professional standards.
Benefits of Becoming an ABV Credential Holder:
- Positions credential holders as premier valuation service providers
- Enhances practitioners’ reputation as competent, trustworthy valuation experts
- Promotes a greater level of confidence for current and potential clients
- Demonstrates commitment to continuously improving valuation skills and expertise, resulting in increased professional competency
- Offers opportunity to deepen client relationships
- Expands opportunities for referrals from other practitioners, strategic partners, attorneys and clients
- Provides access to all FVS Section resources and content
- Opens up a community of valuation professionals with similar interests and practices
- Distinguishes your practice
CEIV Credential Overview
The Certified in Entity and Intangible Valuations (CEIV) credential is granted exclusively to professional accountants (as deemed by a governing body) and finance professionals who perform fair value measurements for entities and intangible assets for financial reporting purposes.
Benefits of Becoming a CEIV Credential Holder:
- Positions credential holders as leaders in fair value measurement
- Demonstrates a commitment to enhancing audit quality and protecting the public interest with a transparent approach by providing consistent fair value measurements
- Confirms competence and confidence in performing fair value measurements
Pathway to the Credential
In addition to meeting the general credential requirements below, you will need to meet pathway requirements, specific to each credential.
General Credential Requirements
- Be a CA in good standing as defined by ICAS.
- Pass the corresponding credential exam (ABV and CEIV only).
- Meet the minimum business experience and education requirements. The business experience and education requirements must have been completed within 5 years of applying for the CITP, ABV, or CEIV credentials.
- Complete the CITP, ABV, or CEIV credential application and pay the respective credential fee.
- Sign a Declaration of Intent to comply with the credential recertification requirements.
- Maintain ICAS membership in good standing.
AICPA Credential FAQs
To qualify for an AICPA credential, an applicant must be a member of ICAS in good standing. All ICAS members who become holders of the CITP, ABV or CEIV credential shall be automatically enrolled as AICPA International Associate members.
Once documentation and payment have been submitted, the AICPA will review and issue a welcome letter if approved. Individuals are not authorized to use the AICPA credential until they receive this notice. A credential certificate will be mailed to the successful candidate.
Yes. A percentage of approved applications are selected for random audit. Any misrepresentations or incorrect information may result in disciplinary action, including suspension or revocation of the AICPA credential and/or eligibility.