|
ABV Examination Review Course |
| |
ABV Exam Review Course
Studying for the ABV Examination
Benefits of the Review Course
Dates and Locations
Key Topics Covered in the ABV Review Course
Registration Fee
How to Register
Note: Taking the AICPA’s review course does not guarantee the candidate of successfully passing the ABV exam. The review course reviews most of the items on the exam’s Content Specification Outline (CSO). The course 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 the candidate attends the review course or not.
ABV Exam Review Course
Newly enhanced and closely aligned with the ABV exam, AICPA's ABV Exam Review Course is the only comprehensive program backed by the resources and collective expertise of business valuation professionals associated with the nation's premier membership organization for CPAs, the AICPA.
The goal of this review course is to prepare candidates for taking and passing the written ABV Exam. Individuals taking the course will receive a comprehensive overview of the business valuation information necessary for taking the exam, test-taking tips and access to numerous review questions. Take-home assignments will aid in handling the exam’s case study questions. ABV candidates who take the review course should be adequately prepared to take the exam. Learn More>>
Studying for the ABV Examination
Carefully review the CSO and identify the study materials that will be necessary for your preparation. Expect to refer to many of the suggested materials and to devote a substantial number of hours to independent reading and study even if you have previously taken business valuation courses. You should dedicate a consistent block of time each week to reading and studying. You may want to complete your in-depth reading and study well before the date of the exam to allow time for an optional review course and final preparations.
Back to top
Benefits of the Review Course
Here's what you'll get when you attend:
· Coverage of all major topics on the ABV Examination
· 3 days with some of America's best business valuation discussion leaders
· Invaluable test-taking pointers
· Interactive format guarantees maximum participation
· Cost-effective training unavailable anywhere else
· Convenient coast-to-coast locations
Back to top
Dates and Location
The site will be updated once the locations for 2010 have been identified and confirmed.
Back to top
Key Topics Covered in the ABV Review Course
Join America's best business valuation discussion leaders, answering over 200 multiple-choice or case study questions on these key topics:
The Engagement
This section covers knowledge related to defining the engagement, writing the engagement letter, and following the basic business valuation process.
· Purposes for Business Valuation/Standards of Value
· Ownership Characteristics
· Premise of Value
· Engagement Letters
Professional and Regulatory Standards
This section covers knowledge of American Institute of Certified Public Accountants (AICPA) professional standards and guidelines, such as Statement on Standards for Valuation Services No. 1 (SSVS No. 1), the Uniform Standards of Professional Appraisal Practice (USPAP), tax guidelines and federal laws related to business valuations.
· AICPA's SSVS No. 1
· USPAP
· Internal Revenue Services (IRS) Authority
· Sarbanes-Oxley Act of 2002 and related Securities and Exchange (SEC) rules
Qualitative and Quantitative Analysis
This section covers knowledge of sources of data, techniques and methods used to analyze business interests, value drivers, and risk assessment.
· Sources of Data
· Economics
· Qualitative Analysis
· Quantitative Analysis
Valuation Analysis
This section covers knowledge of the three primary approaches to value and related hybrid approaches. It also covers levels of value, discounts, premiums and the reconciliation of indicated values.
· Levels of Value Appropriate to the Engagement
· Valuation Approaches
· Discounts Premiums and Other Adjustments
· Reconciliation of Indicated Values
Related Topics
This section covers knowledge of other important topics pertaining to business valuation. These include financial reporting, litigation and dispute resolution services, case law, intellectual property and other intangible assets, family limited partnerships (FLPs), limited liability companies (LLCs), employee stock ownership plans (ESOPs), special types of securities and reporting.
· Financial Reporting
· Litigation and Dispute Resolution Services
· Case Law
· Intellectual Property and Other Intangible Assets
· FLP and LLCs
· ESOPs
· Special Classes of Securities
· Reporting
· Landmark Cases
Back to top
Registration Fee
$1040 for the three day review course
$630 re-take fee for those who attended review and took the exam in 2008 and were not successful
Back to top
How to Register
To register, contact the appropriate State Society.
Please note that dates and locations listed on this page are subject to change. Call the sponsoring state society to confirm this information.
Self-Study Version of the ABV Exam Review Course
In response to feedback from our members, the AICPA has created a self study version of the popular ABV Exam Review Course. This course was created to accommodate those who would find it challenging to attend the live version of the course which is currently held at certain state society locations. The course is offered in a hard copy format and qualifies for 15 hours of CPE. Learn More>>
Back to top
|