Certified Valuation Analyst (CVA): CVA Exam

"Certified Valuation Analyst (CVA)", also known as CVA exam, is a NACVA Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 251 Q&As to your CVA Exam preparation. In the CVA exam resources, you will cover every field and category in NACVA Certification Certification helping to ready you for your successful NACVA Certification.

  • Exam Code: CVA
  • Exam Name: Certified Valuation Analyst (CVA)
  • Certification Provider: NACVA
  • Corresponding Certification: NACVA Certification
  • Updated: Jul 07, 2026
  • No. of Questions: 251 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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NACVA CVA Exam Syllabus Topics:

TopicDetails
Topic 1
  • NACVA
  • GACVA Professional Responsibilities and Standards: This section of the exam measures skills of a Valuation Consultant and covers the professional scope, ethical principles, reporting obligations, and dispute-related responsibilities. Candidates must be aware of the standards that govern valuation work, the importance of independence, and the reporting structures required in various engagement contexts.
Topic 2
  • Engagement Acceptance, and Planning: This section of the exam measures the skills of a Business Appraiser and covers the definition and formal acceptance of valuation assignments. It includes evaluating the engagement terms, understanding the entity and interest being valued, handling potential conflicts, and formalizing agreements through engagement letters.
Topic 3
  • Cost of Capital Concepts and Methodology, and Other Pricing Models: This section of the exam measures the skills of a Financial Consultant and explains how to determine discount and capitalization rates using models like CAPM, build-up methods, and WACC. It also includes risk-related concepts and techniques such as leveraging and unlevering beta and adjusting risk rates for tax considerations.
Topic 4
  • Special Purposes and Circumstances: This section of the exam measures the skills of a Valuation Analyst and explores unique valuation scenarios involving intangible assets, securities, and business elements like stock options and goodwill. It highlights special considerations for transactions, tax compliance, and legal disputes requiring tailored valuation methods.
Topic 5
  • Qualitative Analysis: This section of the exam measures skills of a Valuation Analyst and focuses on gathering and evaluating non-quantitative information such as industry data, economic context, company history, and SWOT factors. It covers how qualitative insights shape the understanding of a business’s performance and potential.
Topic 6
  • Overview: This section of the exam measures skills of a Valuation Analyst and covers the core purposes of business valuation, including financial reporting, tax matters, disputes, and transactions. It also includes understanding different standards and premises of value, such as fair market value or liquidation value, and explains principles like time-based estimation and the impact of risk and control.

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

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