All credential holders must comply with tri-annual recertification policies by December 31 of their reporting cycle. This period starts with the first full calendar year after receiving the designation and in three-year cycles thereafter. For example, if the designee certified in July 2017, the recertification cycle begins January 1, 2018 with compliance due by December 31, 2020. CPE must be earned in the years 2018, 2019, and/or 2020. Using the example above, the next compliance due date would be December 31, 2023 where CPE must be earned in the years 2021, 2022, and/or 2023. Credential holders who do not comply will be placed on Inactive status. Tri-annual recertification compliance has been streamlined, making the process easy to complete relative to your specific area(s) of practice, while also making it flexible for you to meet the 60-point/60 CPE-hour (1 point=1 hour of CPE) requirement by December 31. Tri-annual recertification compliance also requires a recertification fee, which can be waived by taking Recommended CPE Bonus Point Programs.
CPE earned from programs in your reporting cycle should relate to business valuation, financial litigation/financial forensics, forensic accounting, financial statement analysis, gift and estate planning, professional standards, exit planning, accounting, economics, tax, audit, M&A, fraud, transaction advisory services, healthcare valuation, and ethics qualify towards recertification.
Recommended CPE Bonus Point Programs
NACVA’s governing boards and training faculty have identified NACVA/CTI courses—Recommended CPE Bonus Point Programs—that reinforce core business valuation and financial litigation theory, methodologies, and practice. These programs will keep you well-rounded in the performance of business valuation and financial litigation services, increase your awareness of industry developments, and provide practitioner-centric training keeping you alerted to issues that lead to, or contribute to, the quality of your work product. These programs are conveniently offered through live classroom, live online, and online/on-demand throughout the year. For two of these programs, you will receive 12 bonus points each (24 points maximum) that count towards the 60-point requirement. Each program also waives $150 off the Tri-Annual Recertification fee. Bonus points for these courses are only awarded once in a tri-annual recertification compliance cycle.
Effective October 1, 2017—NACVA credential holders only need to attest to having completed 60 hours of “Applicable” CPE credits to comply with tri-annual recertification, and pay the applicable recertification fee. Reporting courses taken and CPE hours earned is optional, though we recommend you track this information, if not on the Recertification Reporting Form, in your personal records. Completion and submission of the Recertification Reporting Form serves as your attestation to CPE earned, or if not reported, it can be substantiated if you are asked to do so.
Effective January 1, 2019, IBA recertification policies ceased and, as such, MCBA and CBA credential holders must comply with NACVA’s tri-annual recertification policies.
To guarantee you get the most out of your membership and certification please review the Recertification Brochure that provides detailed options to comply with recertification policies. If you have questions, or would like support from our Member/Client Services team, call us toll free at (800) 677-2009.