Newly enhanced and closely aligned with the ABV exam, the Association for International Professional Accountant’s ABV Exam Review is the only comprehensive BV examination review program backed by the resources and collective expertise of business valuation professionals associated with the nation's premier membership organization for CPAs.

The AICPA’s ABV credential is the most rigorous and prestigious of the business valuation certifications. In a short time, it has become an essential marketing tool for the CPA planning to specialize in this lucrative practice area. A key step towards becoming an ABV, the ABV exam tests a comprehensive range of business valuation knowledge.

The ABV exam is offered in a two-part, modular format. Module 1, "Approaches", covers Content Specification Outline (CSO) section II and chapters 3-7 of ABV Exam Review. Module 2, "Analysis and Related" covers CSO sections I & III and chapters 1, 2 and 8-10 of ABV Exam Review. Please reference the CSO before preparing for the ABV exam.

NOTE: Taking this review course does not guarantee that the candidate will successfully pass the ABV exam. This course reviews most of the items on the exam’s content specific outline and is not meant to teach topics to the candidate for the first time. A significant amount of independent reading and study will be necessary to prepare for the exam, regardless of whether or not the candidate completes this review course.

Learning Objectives

• Differentiate among standards of value, premises of value, and levels of value.
• Identify the five basic steps of a valuation engagement.
• Review sources of data, techniques, and methods used to analyze business interest, value drivers, and risk assessment
• Distinguish among the three primary approaches to value (and related hybrid approaches), as well as identify and apply various types of valuation adjustments and the reconciliation of value estimates.
• Identify valuation related professional standards and guidelines issued by AICPA (for example, VS section 100) and tax authorities.
• Apply BV knowledge to special issues, including intellectual property, litigation and dispute resolution services, FLPs and LLCs, ESOPs, special types of securities, and reporting.
• Recognize landmark cases.

Topics Discussed

• Professional Standards, the Engagement, and Standards of Value
• Subject Company Analysis
• The Market Approach to Valuation
• Cost of Capital
• Income Approach to Value
• Asset-Based Approach
• Valuation Adjustments: Discounts and Premiums
• Fair Value for Financial Reporting Based on Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) 820
• The Valuation of Intangible Assets and Intellectual Property
• Valuation Service Areas

Who Will Benefit?

• ABV credential candidates

DISCOUNTS

FVS Section Members Save an Additional 20%!

When you log into this website with your AICPA member user account, the section discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the Forensic and Valuation Services Section.