ICAS ABV Credential Pathway and Requirements
The Accredited in Business Valuation (ABV) credential is granted to CA’s who are members of ICAS who demonstrate considerable expertise in valuation through their knowledge, skill, expertise and adherence to professional standards.
Get started on the pathway to the ABV credential below. Questions about the ABV credential may be submitted to firstname.lastname@example.org.
- Be a CA in good standing as defined by ICAS.
- 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).
- Meet minimum business experience and education requirements within five years of applying for the ABV credential.
- Complete the ABV credential application and pay the respective credential fee of $500, which includes AICPA International Associate Membership, and FVS Section Membership.
- Sign a Declaration of Intent to comply with the ABV recertification requirements.
- Maintain ICAS membership in good standing.
Refer to the ABV Credential FAQs for further details.
Pathway to the ABV Credential
An ABV credential candidate must have a minimum of 75 hours of valuation-related related continuing professional development (CPD). All hours must have been obtained within the 5-year period preceding the date of the credential application. Examples of eligible education include:
- Continuing Professional Education (CPE): Formal programs of learning in self-study or group-study format in topics relevant to the ABV body of knowledge.
- Approved Courses at an Accredited University or College: University or college courses taken in topics relevant to the ABV body of knowledge.
- Presenting: Instructors receive credit for preparation and presentation of CPE or college credit courses on topics within the ABV body of knowledge.
- Authoring: Writers of published articles, books or CPE programs in topics related to the ABV body of knowledge will be given credit for their research and writing time if this time increases professional competence.
- Unstructured Learning: May include activities such as coaching, mentoring, peer-to-peer learning and on-the-job training. These expanded opportunities allow you to develop professional competencies necessary to support continued success in your area of specialization.
Visit here for current AICPA sponsored ABV education offerings.
Pass the ABV Exam
Candidates must register for and pass the ABV Exam. The exam is a two-part, six-hour, computer-based, non-disclosed exam. Candidates must pass both exam modules within 12 months (measured from the end of the exam window in which the first module was passed) to receive credit for passing the ABV Exam. The exam requirement is waived for AM and ASA credential holders of the American Society of Appraisers, CFA credential holders of the CFA Institute and CBV credential holders of the Canadian Institute of Chartered Business Valuators. Learn more about the exam, content and how to prepare for it.
An ABV credential candidate must have a minimum of 1,500 hours of valuation-related experience within the five-year period preceding the date of the ABV credential application. Refer to the credential requirements section of the ABV Frequently Asked Questions for information on qualifying experience.
Apply for the Credential
Upon successfully passing the ABV Exam, complete the ABV Credential Application online. Applicants must attest to meeting the minimum Business Experience and Education requirements and pay the appropriate credential fee.