|
Experience Waiver
Financial Litigation
Applicants to NACVA’s Financial Litigation program can waive the
“Litigation Bootcamp for Financial Experts” training requirement for the
CFFA by showing proof of involvement in twenty different litigation
matters, ten of which the applicant gave depositions and/or expert
testimony, with at least one matter before a jury.
Forensic Accounting or Business Fraud—Deterrence, Detection and
Investigation
Applicants to NACVA’s Forensic Accounting, or Business Fraud—Deterrence,
Detection and Investigation program, can waive the CFFA training
requirement to the three-day “Forensics Workshop for Financial
Professionals” and the four-hour exam that follows, by providing evidence
that he/she was the lead professional on eight reports related to the
applicable discipline and has presented his/her findings to a board of
directors, audit committee or equivalent authoritative body three times.
Furthermore, applicants with substantial experience in one of the
following two specialty tracks can waive the five-day prerequisite
training requirement, but not the four-hour exam, if their experience
meets or exceeds the following thresholds:
1. Forensic Accounting—Twenty-five matters, or 2,500 hours of forensic
accounting experience.
2. Business Fraud–Deterrence, Detection and Investigation—Twenty-five
matters, or 2,500 hours of experience in fraud-related matters.
Business and Intellectual Property Damages or Matrimonial Litigation
Support
Applicants to NACVA’s Business and Intellectual Property Damages, or
Matrimonial Litigation Support program,
can waive the CFFA training requirement to the three-day “Forensics
Workshop for Financial Professionals” and the
four-hour exam that follows by providing evidence of involvement in eight
different litigation matters, three of which
the applicant gave deposition and/or expert testimony. (This experience
requirement can also be met by attending the
three-day NACVA-sponsored course entitled, “Expert Witness Bootcamp.”)
Furthermore, applicants with substantial experience in one of the
following two specialty tracks can waive the five-day
prerequisite training requirement, but not the four-hour exam, if their
experience meets or exceeds the following
thresholds:
1. Business and Intellectual Property Damages—Twenty-five matters, or
2,500 hours of valuation experience of
which 1,500 must be related to business or intellectual property damages
matters.
2. Matrimonial Litigation Support—Twenty-five matters, or 2,500 hours of
experience in matrimonial matters, or
2,500 hours of valuation experience of which 1,500 must be related to
matrimonial matters.
“Matters” has been defined as follows:
Forensic Accounting, and Business Fraud–Deterrence, Detection and
Investigation
An engagement in the applicable field for which the expert rendered a
significant amount of professional services
and served as a lead professional. (A significant amount of services will
typically require a minimum of 40 hours of
the candidate’s time and the issuance of a report.)
Matrimonial Litigation Support, and Business and Intellectual Property
Damages
A legal dispute (usually involving the filing of a lawsuit) for which the
expert served as a lead professional in the
rendering of a significant amount of professional services (i.e.,
valuation, forensic accounting, damages
measurement, resolution facilitation, etc.) in the applicable field. (A
significant amount of services will typically
require a minimum of 40 hours of the candidate’s time and the issuance of
a report.)
Back to Top
|
|
System Requirements
FAQs
Send to a Friend
Have a question ?