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ASA Spotlights Steps to Earning Accredited Member Designation for Business Valuers

Jul 02, 2021


Earlier this year, ASA updated the credentialing requirements for its Accredited Member (AM) designation for business valuers to no longer require the submission of an appraisal report.

Below is a quick spotlight on the steps to earning the AM designation for business valuers.

Step 1: Join
Become a Candidate member of ASA.

Step 2: Complete Education
Complete the necessary education requirements.

American Institute of Certified Public Accountants (AICPA)
Candidates holding the Accredited Business Valuer (ABV) designation need to:

  • Submit proof of ABV designation.
  • Submit proof of 100 CE hours of business valuation education completed in the last five years.
  • Pass the BV 8-hour Challenge Exam.
  • Submit an appraisal experience log or provide a letter from an ASA or supervisor stating that you have the requisite full-time appraisal experience two years.

CBV Institute
Candidates holding the Chartered Business Valuer (CBV) designation need to:

  • Submit proof of CBV designation.
  • Submit an appraisal experience log or provide a letter from an ASA or supervisor stating that you have the requisite full-time appraisal experience two years.

The CFA Institute
Candidates holding the Certified Financial Analyst (CFA) designation need to:

  • Submit proof of CFA designation.
  • Submit an appraisal experience log or provide a letter from an ASA or supervisor stating that you have the requisite full-time appraisal experience two years.

Institute of Valuers and Appraisers, Singapore (IVAS)
Candidates holding the Chartered Valuer and Appraiser (CVA) designation need to:

  • Submit proof of CVA designation.
  • Submit an appraisal experience log or provide a letter from an ASA or supervisor stating that you have the requisite full-time appraisal experience two years.

International Institute of Business Valuers (iiBV)
Candidates that have passed the iiBV Principles of Valuation courses (iiBV BV101-104) need to:

  • Submit proof of completion of the iiBV POV courses.
  • Submit an appraisal experience log or provide a letter from an ASA or supervisor stating that you have the requisite full-time appraisal experience two years.

Saudi Authority for Accredited Valuers (TAQEEM)
Candidates that have passed the TAQEEM Principles of Valuation courses (TAQEEM BV201-204) need to:

  • Submit proof of completion of the TAQEEM POV courses.
  • Submit an appraisal experience log or provide a letter from an ASA or supervisor stating that you have the requisite full-time appraisal experience two years.


Step 3: Get Credentialed
Apply online and submit the following to ASA Headquarters:

  • Complete the online Accredited Member (AM) application.
  • Upload a copy of your valid USPAP certificate.
  • Upload a copy of your college diploma or your completed education equivalency form.
  • Upload an appraisal experience log or provide a letter from an ASA or supervisor stating that you have the requisite two years of full-time appraisal experience.
  • Submit payment for the application fee.

Questions?
Please contact ASA's BV Credentialing Services Specialist for assistance at credentials@appraisers.org.