SDR Ventures recently announced that senior analyst Ben Rudman has successfully completed the certification process with the National Association of Certified Valuators and Analysts (NACVA) to earn his designation of Accredited Valuation Analyst (AVA).
“The designation is an indication to the professional community that Mr. Rudman has met the Association’s rigorous standards of professionalism, expertise, objectivity and integrity in the field of business valuation, litigation support and related consulting disciplines,” said Parnell Black, NACVA chief executive officer. “Mr. Rudman can be proud of the fact that NACVA’s designations are the only valuation credentials accredited by the National Commission for Certifying Agencies.”
Requirements to earn the AVA designation include holding a business degree from an accredited institution of higher education, possessing a prerequisite understanding of accounting fundamentals as applied to business valuation theory and practice, and demonstrating substantial prior experience in business valuation. The final step in earning the AVA designation is the successful completion of the Association’s comprehensive examination.
To maintain his certification as an Accredited Valuation Analyst, Mr. Rudman will be required to periodically obtain continuing professional education in areas related to business valuation and/or litigation consulting and participate in programs sponsored by NACVA that promote quality and adherence to industry standards.
“We’re thrilled for Ben to have successfully completed his AVA designation,” said Chris Bouck, SDR principal and founding partner. “Ben has already made a significant impact on the firm and we are looking forward to his continuing positive contributions in the area of business valuations.”
Business valuations are most commonly required in conjunction with the purchase or sale of a business, succession planning, buy/sell agreements, charitable contributions, estate and gift taxes, and initial public offerings. In the litigation arena, valuations are often necessary in situations of business disruption, dissenting shareholder actions, divorce, and partner disputes.
The National Association of Certified Valuators and Analysts is a global, professional association that supports the business valuation, litigation support, and fraud deterrence consulting disciplines within the CPA and professional communities.
Along with its training and certification programs, NACVA offers a range of support services, marketing tools, software programs, reference materials and customized databases to enhance the professional capabilities and capacities of its members.