CEIV Education and Experience Requirements

Quick Guide to CEIV

There are a lot of ways to obtain the necessary education and experience required for the CEIV credential.  ASA's Quick Guide to CEIV breaks down what you need to do and how you need to do it.

Download Quick Guide to CEIV

Education Requirements

Before applying for the CEIV Credential, individuals need join ASA, provide a college degree (or equivalent), complete ASA’s Business Valuation Principals of Valuation (POV) course series BV201 - BV204 (or the equivalent) and complete ASA's CEIV Credential course (BV401 - Valuation for Financial Reporting) and pass the related exam.

Business Valuation POV Courses or Equivalent

To satisfy the Business Valuation education requirements, individuals must pass ASA’s 4 Principles of Valuation (POV) courses in Business Valuation (BV201, BV202, BV203 and BV204). _______________________________________________ Option 1: Take and pass each course in the classroom, virtually or OnDemand. _______________________________________________ Option 2: Challenge out of each course by reviewing the course materials and taking and passing the corresponding exam. _______________________________________________ Option 3: Pass the BV 8-hour Challenge Exam, which provides you with the necessary equivalent for BV201-BV204. _______________________________________________ Option 4: Hold a designation or complete course work with another organization that has been approved as equivalent for the BV201-BV204 course work.*

CEIV™ Credential Course

ASA’s specialized course for the CEIV credential provides the student in-depth information on the CEIV Body of Knowledge (BoK) as well as the Mandatory Performance Framework (MPF). This course will be provided in both an OnDemand and live classroom format. The ASA CEIV course focuses on the following: Fair Value Accounting and Regulatory Environment Technical Guidance Related to Valuations for Financial Reporting Use of the Valuation Report in the Audit Process Mandatory Performance Framework accounting, auditing and valuation standards. ________________________________________________ CEIV Exam All candidates for the CEIV certification must pass ASA's CEIV exam which is comprised of two parts. Part one focuses on the Body of Knowledge and part two focuses on the Mandatory Performance Framework. The exam will be provided in an OnDemand, timed, multiple-choice format.

Experience Requirements

Individuals must have 3,000 hours of experience related to business and intangible asset fair value measurements over the ten (10) years prior to applying for the CEIV credential, with at least half of the hours (1,500) earned in the preceding five (5) years. This experience may include auditor specialist valuation reviews of fair value measurements prepared by a third party or by management; firm review of fair value measurements prepared by a firm’s valuation team; signing valuation reports; performing, mentoring, supervising, and managing fair value measurement engagements; and consulting on, instructing, authoring, and developing thought leadership and staff development on fair value measurement matters.

Experience Documentation

Letter of Attestation


Past Supervisor


by Peer

(if Partner/Supervisor is not Available)*

* If a partner, supervisor, past supervisor, or peer is not available, please submit a log of your experience in lieu of an attestation letter.