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NACVA Certified Valuation Analyst (CVA) : CVA Exam

CVA Exam Questions
  • Exam Code: CVA
  • Exam Name: Certified Valuation Analyst (CVA)
  • Updated: Sep 28, 2026
  • Q & A: 251 Questions and Answers
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CVA Certified Professional Salary

  • India:₹888046
  • England: £96039
  • United States: $125,000
  • Europe:€11270

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What is the duration, language, and format of CVA Exam

Format: Multiple choices, multiple answers

  • Number of Questions: 251
  • Passing score: 300
  • Language: English
  • Length of Examination: 2 hours

How to Prepare For CVA Certification Exam

Preparation Guide for CVA Certification Exam

CVA: Tips to survive if you don't have time to read all the page

The curriculum to become a CVA covers the fundamentals, techniques and theory of business valuation; income and asset approaches for business valuation; Case analysis; and evaluation of special purposes. Persons with a CVA designation may work as mergers and acquisitions advisors, financial and investment analysts, financial agents or others in other roles. Activities may include providing advice and figures related to a company sold or merged, evaluate a company that is transmitted to family members, evaluate a company so that it can improve the search for credit or financing or determine a purchase price for them. looking to become partners in an existing company. CVAs can also provide possible exit strategies to business owners or partners, advice on the liquidation or merger of a company, advise on financial matters in case of dispute and indicate areas in which a company could potentially grow.

The curriculum to become a CVA covers the fundamentals, techniques and theory of business valuation; income and asset approaches for business valuation; Case analysis; and evaluation of special purposes.

Persons with a CVA designation may work as mergers and acquisitions consultants, financial and investment analysts, financial agents or others in other roles.

The task may include providing advice and figures on a company sold or merged, evaluating a company that is transmitted to family members, evaluating a company so that it can improve the search for credit or financing, or determine a purchase price for them. trying to become a partner of an existing company. CVAs can also provide possible exit strategies to business owners or partners, advise on the liquidation or spin-off of a business, advise on financial matters in the event of a dispute and indicate areas in which a business could potentially grow.

Reference: http://www.nacva.com/content.asp?contentid=145

NACVA CVA Exam Syllabus Topics:

SectionWeightObjectives
Professional Standards, Ethics, and Reporting7%- Valuation report requirements and compliance
- NACVA Code of Ethics and professional standards
Adjustments, Discounts, and Premiums8%- Marketability and liquidity discounts
- Control premiums and minority interest discounts
Income Approach to Valuation30%- Cash flow estimation and risk assessment
- Terminal value and growth assumptions
- Capitalization and discounting methods
Market Approach to Valuation25%- Guideline public company method
- Merger and acquisition transaction method
- Valuation multiples and comparability adjustments
Foundations of Business Valuation15%- Financial statement analysis and normalization
- Valuation standards, definitions, and premises of value
- Economic and industry analysis
Asset-Based / Cost Approach15%- Excess earnings method
- Tangible and intangible asset valuation
- Net asset value calculation

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