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Madison Street Capital has announced that Chief Operating Officer Anthony Marsala, CVA, has been named by The National Association of Certified Valuators and Analysts[R] (NACVA[R]) as a member of its Valuation Credentialing Board (VCB), which oversees certification criteria related to NACVA's Certified Valuation Analyst[R] (CVA[R]) designation, the company said.
"The new BOK is significantly more comprehensive, and incorporates within it all the sub-specialty areas that fall under the financial forensics umbrella," states Parnell Black, MBA, CPA, CVA, and the CEO of NACVA. "Many people have contributed to creating this BOK over many years, but it has been Michael G.
The National Association of Certified Valuators and Analysts (NACVA) has over 7,000 members and is widely considered the thought leader in education and certification for financial professionals focused on valuing privately held businesses and financial forensics.
Three of them (ASA BVS, HKBVF BVS, NACVA PS) also stipulate that engagement should contain data concerning valuation clients.
Though he and Green parted ways in 1996, NACVA continued to grow; today the organization has 7,000 members and is constantly looking for ways to maintain growth.
Contact: National Association of Certified Valuation Analysts, 800-6772009, nacva.com/conference09
He holds Certified Financial Consultant and a certified Valuation Analyst (from NACVA) accreditations from the US.
Much of the AICPA standard is very similar to requirements of USPAP or the above-mentioned organizations' standards, such as NACVA and the American Society of Appraisers.
While other business valuations generally proceed under voluntary standards promulgated by the American Institute of Appraisers (ASA), the Institute of Business Appraisers (IBA) and the National Association of Certified Valuation Analysts (NACVA), servicing valuations generally do not.
There are four major certifying organizations in the United States for business appraisers: the American Society of Appraisers (ASA), which started business valuation accreditation in 1981; the Institute of Business Appraisers (IBA), in 1978; the American Institute of Certified Public Accountants (AICPA), in 1997; and the National Association of Certified Valuation Analysts (NACVA), in 1993.
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