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HALT, BUZAS & POWELL'S BRIDGET DILLON EARNS DESIGNATION
Managing Partner Steve Halt and Partners Mike Buzas and Andrew Powell are pleased to announce that Bridget Dillon, a certified public accountant with Halt, Buzas & Powell, recently became a Certified Valuation Analyst (CVA).
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As noted by, National Association of Certified Valuation Analysts (NACVA) Chief Executive Officer, Parnell Black, “The designation is an indication to the business, professional, and legal communities that Bridget Dillon has met NACVA’s rigorous standards of professionalism, expertise, objectivity, support and related consulting disciplines. She can be proud of the fact that NACVA’s CVA and AVA (Accredited Valuation Analyst) designations are the only valuation credentials accredited by the National Commission for Certifying Agencies (NCAA),” Black added.
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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, audit, accounting for small businesses, and financial analysis, have an excellent background for dealing with the complexities involved in providing valuation services.
To become accredited by NACVA, a candidate is required to successfully complete an intensive training and testing process. An initial requirement to becoming a CVA is that the a pplicant be a licensed 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) 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 NACVA 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 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 Succession Planning |
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| Common litigation consulting needs for valuations include: | ||
| Business Disruption Divorce |
Split-ups or Spin-Offs |
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“We are proud of Bridget’s academic achievements,” said Halt. “She earned her Certified Valuation Analyst accreditation while working full-time. Bridget’s work at HB&P is outstanding and she continues to exceed our expectations and that of our clients. We are pleased to offer valuation services to meet the needs of our clients,” concluded Halt.
For more information about our firm’s Business Valuation and related Consulting Services, contact HB&P Managing Partner Steve Halt, at 703-836-1350.
About Halt, Buzas & Powell, Ltd.
Halt, Buzas & Powell is a full-service CPA and management consulting firm that provides accounting, auditing, taxation, management systems and outsourced accounting services to individuals, not-for-profits and businesses in the greater Washington region. Founded in 1969, the firm’s devotion to exceptional service, quality and value has led to HB&P being recognized as an Alexandria Professional Service Business of the Year. HB&P is consistently listed in the Washington Business Journal Book of Lists, as one of the area’s top 50 CPA firms. Headquartered in Alexandria, Virginia with an office in Bowie, Maryland, HB&P has also been honored as one of the region’s Best Places to Work by Washington Business Journal. For more information, please visit www.cpas4you.com.
Contact:
Brandan Nass
Halt, Buzas & Powell
703-836-1350
