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A business valuation establishes the worth of a business by setting values for all tangible and intangible assets, including real and personal property, debt and goodwill. The appraisal process requires a multidimensional examination of a business and its environment. Pertinent financial, tax, economic, and industry data are analyzed and interpreted to arrive at the worth of a business.
There are many and diverse reasons for a business valuation including: mergers and acquisitions, buy-sell agreements, employee stock ownership plans, selling a business due to retirement or death, and dissolution of a marriage.
Mr. Tinsley is a Certified Valuation Analyst. To qualify for the “Certified Valuation Analyst” (CVA) designation, a successful applicant must:
- Hold a valid and unrevoked CPA license issued by a legally constituted state authority (the Chartered Accountant [CA] designation issued in Canada is equivalent to the CPA in the U.S.);
- Be a member in good standing with NACVA (National Association of Certified Valuation Analysts) (www.nacva.com);
- Complete a five-day training program as prescribed by NACVA;
- Submit three personal and three business references to NACVA; and
- Pass a comprehensive two-part examination. Part 1 is a half-day proctored exam, and Part 2 is a take-home/in-office exam incorporating a standardized case study (provided by NACVA) that requires performing a complete business valuation. Part 2 of the NACVA exam takes 40–60 hours to complete.
For more information on our Business Valuation services, call Reed Tinsley at 281-379-5988 or email reedt@rtacpa.com.
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