Professional Standards
Professional Standards Documents
June 1, 2017 | For engagements accepted on or after June 1, 2017
NACVA’s Current Professional Standards (PDF) (Effective June 1, 2017)
August 1, 2015 | For engagements accepted on or after August 1, 2015
NACVA's Professional Standards (PDF) (Revised to include Review Standards) (Effective August 1, 2015)
NACVA’s Professional Standards Frequently Asked Questions
June 1, 2011 | For engagements accepted on or after June 1, 2011
NACVA and IBA Memberships Ratify Standards Unification (Effective June 1, 2011)
NACVA's Professional Standards (PDF) (For engagements accepted on or after June 1, 2011)
NACVA's Professional Standards (Word) (For engagements accepted on or after June 1, 2011)
Summary of Changes to NACVA's New Standards (PDF) (Effective June 1, 2011)
January 1, 2008 | For valuations performed after January 1, 2008 and prior to June 1, 2011
NACVA's Standards Announcement (PDF) (For valuations performed after January 1, 2008 and prior to June 1, 2011)
Summary of Changes to NACVA’s Standards (PDF) (Effective January 1, 2008)
NACVA's Professional Standards—Effective January 1, 2008 (PDF) (For valuations performed after January 1, 2008 and prior to June 1, 2011)
May 31, 2002 | For valuations performed prior to December 31, 2007
NACVA Professional Standards (PDF) - Effective May 31, 2002 (For valuations performed prior to December 31, 2007)
Professional Standards Comparison Charts
Business Valuation/Appraisal Standards Comparison Chart (PDF – 6/1/2022)
Business Valuation/Appraisal Standards Comparison Chart (PDF – 1/1/2020)
Business Valuation/Appraisal Standards Comparison Chart (PDF – 1/1/2018)
International Business Valuation/Appraisal Standards Comparison Chart (PDF – 6/1/2022)
International Business Valuation/Appraisal Standards Comparison Chart (PDF – 1/31/2020)
International Business Valuation/Appraisal Standards Comparison Chart (PDF – 1/31/2018)
Glossary of Appraisal/Valuation Terms
Standards and Ethics Resources
- Ethics for Valuators...What You Don't Know Can Hurt You
- Economic Recovery’s Effect on Ethics
- Someone Has Filed a Complaint Against You With NACVA…Now What?
- Professional Oversight—NACVA's Monitoring Process
- Business Valuation is NOT the Unauthorized Practice of Law
- Integrity—Ethics Oversight Board Message
- How Well Do You Know Our General and Ethical Standards?
- Ethics in Cyber Security: WWW in Reference to Cyber Security Does Not Mean What You Think!
- Have You Seen NACVA’s General and Ethical Standards?
- Value of Professional Standards and Ethical Behavior
- The Next Generation of Ethical Leadership
- Key Ethical Considerations for Forensic Accountants/Expert Witnesses
- Do Ethical Principles Matter in a Business Valuation?
- Advocate vs Expert—Is There Room as a CVA to be Both?
- Yes, It Is Ethical To “Judge”
- General and Ethical Standards—Professional Competence
- Building an Ethical Culture
- Ethics, Business Valuation, and Bias
- A Machine Learning Approach to Promoting Compliance
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Standards and Ethics FAQs Compilation of FAQs providing guidance from NACVA’s Standards Board and Ethics Oversight Board. |
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Standards and Ethics Q&A Hotline Answers to your questions the Professional Standards. |
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Recommended Training Industry Standards and Ethics Current Update in Valuations Report Writing: Review and Analysis Litigation Report Writing Workshop Business Valuation—A Practical Approach to Advanced Issues and Applications |
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Business Valuation Standards Resource Tools Exclusive NACVA | GACVA member benefit |
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Industry Standards and Ethics Video Bulletin
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Other Resources
NACVA's Ethics Policies and Procedures (PDF)
NACVA Certificant Complaint Form
IRS Business Valuation Guidelines (PDF)
Institute of Business Appraisers
Institute of Business Appraisers (Effective January 1, 2021)