Emeritus Status for Retiring Members

Individuals, 62 years and older, who are retired and issuing six or fewer valuations, calculation or financial forensic reports per year, can continue to display their credential in business communications, including, but not limited to, letterhead, headers/footers of the report, business cards, and/or his or her curriculum vitae, and valuation reports, as long as they include “emeritus” after their designation, for example, CVA (emeritus), MAFF (emeritus), or ABAR (emeritus). Those who elect Emeritus status can maintain NACVA membership as a Professional or Associate member, and are only required to comply with one component of recertification; taking NACVA’s Current Update in Valuations (CUV) course once every three years (via live, webinar, or self-study). CPA-CVAs no longer have to maintain their CPA license.

A retired member may not market his or her services, but may accept unsolicited valuation or financial forensics projects, and must adhere to special requirements that may be subsequently promulgated by NACVA’s VCB or Litigation Forensics Board (LFB), as applicable. In all cases, the retired member must follow NACVA’s Professional Standards in the performance of such work. Exceptions to the 62 years of age or older requirement will be considered if, upon written request to the applicable Board, the member can show valid reasons why early retirement was taken or required, such as health considerations or forced retirement where re-employment may not be feasible or practical.

Retired members who wish to reinstate their designation to full non-emeritus status, must reactivate their credentialed status following the same procedures as required for members who have been on Inactive status
(see Electing or Imposed Inactive Status).