CEO's Message—First Quarter 2022 | Silver Linings

Silver Linings
 

Parnell Black, MBA, CPA, CVA

With everything that is going on in the world that is so negative, i.e., COVID-19, war in Ukraine, inflation off the charts, bickering and fighting amongst our politicians, etc., one has to learn to push that aside and focus on the good, the Silver Linings, that keep our spirits high and help us look to a bright future.

We at NACVA have many positives in our favor for which I am deeply grateful. We have a great team at HQ, the COVID-19 shutdowns did not destroy us and to the contrary, forced us to improve. We have an incredible membership, which is the envy of the association world, and after 31 years in business, our mission and plans for the future have never been clearer. Some changes I would like you to be aware of:

• We are forming an alliance with a major publisher that will help NACVA rapidly expand in-roads into academia and internationally.
   
• Through our software partner, ValuSource, we will be rolling out a new valuation report writer called ZAP Report Builder. The tool is a Word and Excel add-in that will revolutionize the process of creating reports in Word that are based on Excel data (numbers, ranges, and charts). ZAP will work with all your existing Excel spreadsheets and Word documents that you use to perform a valuation or any other type of Excel analysis that requires a written report. ZAP also works with BVMPro. Call for details and to get the Beta version!
   
• NACVA just moved into our new offices located at: 1218 E. 7800 S., Suite #301, Sandy, Utah 84094. Our new offices are very nice but scaled down in size to conform to the new business model we and many others are adapting to, which has many employees working from home. You are all welcomed to stop by.
   
• Most significantly, NACVA has recently received confirmation that our Master Analyst in Financial Forensics (MAFF) credential has been accredited by the National Commission for Certifying Agencies (NCCA), a division of the Institute for Credentialing Excellence (ICE). This is an incredible achievement requiring two years of work that puts the MAFF and members/designees who hold this credential squarely at the top of the mountain in the world of credentials. No other related financial credential, other than our own CVA, holds a candle to the MAFF. You can now boast to the world this accolade. We recommend you put the following on your literature, letterhead, business cards, website, and wherever else you can think:
  
  NACVA’s Certified Valuation Analyst® (CVA®) and Master Analyst in Financial Forensics® (MAFF®) designations are the onlyvaluation and financial forensic credentials accredited by the National Commission for Certifying Agencies® (NCCA®), the accreditation body of the Institute for Credentialing Excellence™ (ICE™). The CVA designation is also accredited by the American National Standards Institute® (ANSI®).
  
  Many of you may not know this, but of the tens of thousands of designations Worldwide, only a few hundred have been accredited by the NCCA or any accrediting body, of which I know of two, NCCA and ANSI, and literally only a handful of credentialing organizations, like NACVA, have more than one credential accredited; we have two—MAFF and CVA. You should also note, the CVA is one of four credentials in the World to be accredited by both NCCA and ANSI.
  
  I think NACVA has proven beyond a shadow of doubt that its MAFF and CVA are beyond reproach and definitely are the only truly premiere credentials in the business valuation and financial forensics industries.
  
  More announcements are on the horizon because this is news we want the World to know about.

In concluding my CEO’s Message, I just want to remind all of our members to focus on the Silver Linings, push the negative to the side lines, at least once in a while, because a positive spirit and outlook is all important to a happy and successful life.

You have my best wishes for a great year.

Parnell Black, MBA, CPA, CVA
Chief Executive Officer, NACVA