DEFINITION of 'Accredited In Business Valuation - ABV'
A professional designation awarded by the American Institute of Certified Public Accountants (AICPA) to CPAs who are also business valuation service providers. Applicants must pass the ABV exam and meet work experience and lifelong learning requirements. Successful applicants earn the right to use the ABV designation with their names, which can improve job opportunities, professional reputation and pay. Every three years, ABV professionals must complete 60 hours of continuing professional education. They must also pay an annual fee of several hundred dollars. Applicants study the subjects listed in the ABV Exam Content Specification Outline.
BREAKING DOWN 'Accredited In Business Valuation - ABV'
The study program to become an ABV covers the basic business valuation process, professional standards, qualitative and quantitative analysis, valuation analysis and other related topics such as financial reporting and litigation. Individuals with the ABV designation may work for business valuation firms, consulting firms and other business that regularly deal with business value.