The ABV and Non-CPAs
A Candid Discussion
On August 8, 2018, Jim Hitchner moderated an online public discussion about why the AICPA decided to allow “other qualified professionals” or “non-CPAs” to obtain the Accredited in Business Valuation (ABV) credential. On the panel for this program were four current and former AICPA committee chairs (listed below). This discussion covered the “open letter” from a group of 31 prominent CPA/ABVs who oppose this decision, the AICPA’s response to that letter, and the group’s responses to the response.
Scroll down to access handouts from this program and to view a recording of the entire webinar.
Jim Hitchner, CPA/ABV/CFF, ASA, Moderator
Former Member, AICPA BV Committee
Former Member, AICPA BV Standards Writing Task Force
Two-Time AICPA BV Volunteer of the Year
Inductee in the AICPA BV Hall of Fame
Michael A. Crain, DBA, CPA/ABV, CFA, CFE
Former Chair, AICPA BV Committee
Former Member, AICPA FVS Executive Committee
AICPA BV Volunteer of the Year
Inductee in the AICPA BV Hall of Fame
Nathan DiNatale, CPA/ABV
Current Chair, AICPA BV Committee
AICPA BV Volunteer of the Year
Bethany Hearn, CPA/ABV/CFF, ASA
Current Chair, AICPA ABV Credential Committee
Current Chair, AICPA ABV Exam Task Force
Harold Martin, CPA/ABV/CFF, ASA, CFE
Former Member, AICPA BV Committee
Former Commissioner, AICPA National Accreditation Commission
Two-Time AICPA BV Volunteer of the Year
Inductee in the AICPA BV Hall of Fame
Handouts:
- Slides for August 8, 2018 webinar
180808-ABVDiscussion-Slides.pdf - Original Open letter to AICPA from ABV leaders – June 18, 2018
180808-AICPA_ABVOpenLetter180618.pdf - Frequently Asked Questions from AICPA webcast “The Changing Landscape of Business Valuation” – July 16, 2018
180808-AICPA-ABV-webcast-faqs-180716.pdf - AICPA Response (from Susan Coffey) to the Open Letter – July 19, 2018
180808-AICPA_Response ToABVOpenLetter180719.pdf - Timeline rebuttal letter to AICPA from ABV leaders – July 28, 2018
180808-AICPA_timeline_rebuttal_180729.pdf - Letter to AICPA Governing Council from ABV leaders – August 2, 2018
180808-AICPA-LetterToCouncil-180802.pdf
Additional links:
- AICPATV- Opening ABV Up to OQP Presentation to Council Video – May 25, 2018
- ABV Credential Eligibility Expanded to Qualified Finance Professionals – May 25, 2018 (with revised timeline)
- Access to view “Changing Landscape of Business Valuation” AICPA Webcast – July 16, 2018
Webinar Recording:
Note that this was an informational free webinar and no CPE is available.