Valuation Credentialing Board (VCB)
The VCB has direct decision-making responsibility over the Certified Valuation Analyst (CVA) certification criteria including: establishing, reviewing, implementing, and maintaining CVA certification program policies and procedures; decisions related to granting, maintaining, expanding, reducing, suspending, or withdrawing certifications; compliance with national and international accreditation standards for certification program; oversight of exam development and maintenance; selection of subject matter experts for exam development activities; exam administration, scoring, and grading procedures; eligibility and experience requirements; CPE reporting and recertification requirements; and oversight of contracted work. When VCB policy additions or revisions impact the LFB, they will be referred to the CC to review the planned changes, resolve any differences between the VCB and LFB, and recommend a final harmonized policy to both boards for approval. The VCB does not have the authority to create a new credential. The VCB has the authority to review the administrative procedures at NACVA headquarters (HQ) over the testing and recertification processes. VCB directives in these regards are made to the Executive Director. If the Executive Director does not comply, the VCB has the authority to take the matter to a higher level, that being the CEO or NACVA’s Board of Directors. The VCB, at its discretion, may evaluate other organizations’ testing processes and evaluate new technology and approaches to testing methodologies in order to maintain the highest quality standards in NACVA’s certification process. The VCB has no direct responsibility for, or involvement in, education or training.
Valuation Credentialing Board