MATTHEW L. VOLLUCCI, JR., CPA EARNS DESIGNATION

Matthew L. Vollucci, Jr., a Certified Public Accountant (CPA) offering business valuation (appraisal) services recently became a Certified Valuation Analyst (CVA).
In his announcement, National Association of Certified Valuation Analysts (NACVA) Chief Executive Officer, Parnell Black, MBA, CPA, CVA, noted, “this designation for CPAs is an indication to the professional community that Matthew Vollucci, Jr. has met the association’s rigorous standards of professionalism, expertise, objectivity, and integrity in the field of Business Valuation, Litigation Support and related consulting disciplines.”

The Certified Valuation Analyst is the premier accreditation for CPAs who, for many reasons, are uniquely qualified to provide business valuation and litigation consulting services. As a general rule, CPAs, through their extensive training combined with experience in tax, auditing, accounting for small businesses, and financial analysis, have an excellent background for dealing with the complexities involved in providing valuation services. Few professional provide the breadth of experience and development the public accounting profession produces, and, thus, a CVA is the preferred choice in selecting the right valuation professional to serve your needs.

To become accredited by the NACVA, the candidate is required to successfully complete an intensive training and testing process. An initial requirement to becoming a Certified Valuation Analyst is that the applicant be a licensed Certified Public Accountant (CPA) registered in his or her state. Implicit in this requirement is that the CVA maintain at least a minimum number of hours of continuing Professional education (CPE) each year (in most states this is 40 hours) and conduct him or herself within the ethical mandates established by the profession. NACVA also requires CVAs to obtain at least 12 hours of CPE each year in areas related to business valuation and/or litigation consulting, and periodically participate in programs sponsored by the association promoting quality and adherence to industry standards.

Business Valuations are most commonly required in conjunction with any of the following situations:

Adequacy of life insurance
Bankruptcy and foreclosures
Buy/sell agreements
Charitable contributions
Eminent domain
Employee stock ownership plans (ESOPS)
Estate and gift taxes
Financing arrangements
Franchise valuation or evaluation
Gifting Programs
Incentive stock option programs
Initial public offerings
Liquidation or reorganization
Mergers or acquisitions
The sale of a business
Split-ups or spin-offs
Succession planning

Common litigation consulting needs for valuations include:

Business disruption
Divorce
Partner disputes/dissenting shareholder situations
Wrongful death

For more information about our firm’s business valuation, litigation support and related consulting services, contact Matthew L. Vollucci, Jr., CPA, CVA at 401-461-9400.