FOR IMMEDIATE RELEASE
SALT LAKE CITY—June 25, 2021—The National Association of Certified Valuators and Analysts® (NACVA®), the organization that has trained over 35,000 CPAs and other valuation and consulting professionals in the field of business valuation, financial forensics, and various related specialty areas serving the legal and business communities, today announced that Trisch Garthoeffner has been named a member of its Standards Board (SDB), as Vice Chair, which has the responsibility to provide clarification/interpretation of the Standards in response to questions from NACVA members.
“The Standards Board provides the Association with critical guidance and important oversight,” said NACVA’s Chief Executive Officer, Parnell Black, MBA, CPA, CVA. “We are very pleased that [NAME] has agreed to join the Board, share [his/her] insight with us, and help the Association as we assist thousands of members keep up with the demand of the profession and obtain the necessary training, certification, and credibility so they grow and thrive in their practice, while maintaining the highest of standards, and strengthen brands.”
The SDB will support the broad use and acceptance of NACVA Standards by pursuing bipartisan relationships with other standards-making organizations. They also have the charge to stay abreast of other industry standards, rules and requirements, and practice aids. Accordingly, the Board will be proactive in influencing other organizations’ pronouncements in the best interest of NACVA members.
Members of the SDB are responsible for fielding phone calls referred to them by HQ to explain or interpret any portion of our Standards. The Board’s purpose is to promulgate NACVA’s Standards throughout the business valuation provider and user communities. This is achieved by addressing issues in the business valuation community and providing interpretations, amendments, restatements, and new releases of NACVA’s Standards as deemed necessary and prudent. NACVA’s Professional Standards are available at www.NACVA.com/Standards.
Additionally, upholding these standards maintains NACVA’s own requirements associated with attaining accreditation for the Certified Valuation Analyst (CVA) designation through the American National Standards Institute (ANSI), and the National Commission for Certifying Agencies (NCCA)— a division of the Institute for Credentialing Excellence (ICE). The CVA designation is the only valuation credential that has gone through such a rigorous internationally recognized accreditation process. It also creates a clear and valuable market distinction for the CVA credential by satisfying the highest level of professionalism and credibility. Only four credentials in the world hold both the NCCA and ANSI accreditations.