IACVA's CPE Requirement

Each ICVS (International Certified Valuation Specialist) is required to earn 12 hours of professional education each year.  Members must attest at the time of annual membership renewal that they have satisfied such requirements during the past 12 months.  Evidence of compliance should be maintained by the associate member and is subject to a random review by the Charter. IACVA does not define specific courses as a member's selection will depend on local conditions.  In general, courses or conferences with a business valuation, litigation, appraisal, fraud, detection or deterrence, or forensic accounting focus comply. When in doubt, members may consult their Charter or IACVA Headquarters member service specialists to obtain an assessment.  Associate Members must keep detailed records available for review when requested. Members attest annually to (continued) ethical conduct, meeting our continuing professional education requirements, and payment of annual dues.

CPE Information

Prerequisites:  Knowledge of Business ValuationProgram Level:  IntermediatePreparation Required:  NoneDelivery Method:  Group LiveRecommended CPE:  2 Credit Hours

CPE Course & Schedule:  CPE Event CalendarWe're pleased to announce that we have scheduled online training sessions in the next months.  We would encourage more qualified members to participate.  

Course Name	Instructor	Date	Course Duration
Common Errors in Business Valuation	Richard Claywell	UTC 2:00am-4:00am November 18, 2015	120 minutes

For  more information on this course, we will update soon.

Course Name	Instructor	Date	Course Duration
Forcasting Cash Flows	Chirs M. Mellen	UTC 1:00pm -3:00pm Spetember 21, 2015	120 minutes

Valuation is a prophecy of the future.  Buyers invest in companies based on future expectations.  Therefore, fundamental to almost any valuation of a going-concern business is a set of financial forecasts.  This course will demonstrate that a capitalization of cash flow method and a market multiple method are each as much a forecast as a discounted cash flow method.  It will demonstrate the building blocks involved in forecasting and alert the appraiser to several forecasting errors that can be made.

Learning Objectives

• Review the fundamental essentials to forecasting cash flows

.• Assess Management's forecasts.

• Understand how to help Management help the appraiser develop forecasts when the Company has none.

• Walk through a "role play" discussion between Management and the appraiser to develop forecasts for a valuation assignment.

• Discuss the optimal time horizon to forecast in each scenario. • Explore the option of multiple forecast scenarios and a probability analysis.

• Introduce when a three-stage discounted cash flow is better for a valuation assignment.

• Determine the applicable terminal value.

• Identify common errors in forecasting.

• Check the reasonability of your forecast.

• Share relevant language in an engagement agreement regarding forecasts.

Course Name	Instructor	Date	Course Duration
Current Valuation Updates	Robert Brackett	UTC 2:00pm - 4:00pm October 29, 2015	120 minutes
Current Valuation Updates	Robert Brackett	UTC 1:00am - 3:00am December 3, 2015	120 minutes

For more information on this course, will update later.

Course Name	Instructor	Date	Course Duration
Engagement Management	William Hanlin	UTC 5:00pm-7:00pm November 5, 2015	120 minutes
How to Promote Your BV Practice	William Hanlin	UTC 5:00pm-6:00pm November 13, 2015	60 minutes

For more information on this course, will update later.

Registration Fees:   Member (USD $195)    Non-member ( USD $225)

Everyone is welcome.  Sign up 30 days in advance will save you $30!  REGISTER NOW.  Click HERE to view additional courses or email to info1@iacva.org.