Chartered Valuer & Appraiser (CVA) designation
Learn how to earn and maintain a CVA designation, which is a mark of quality for business valuation professionals.
About the CVA designation
The CVA designation is a professional qualification that demonstrates your expertise in business valuation. It is a mark of quality for business valuation professionals.
Note: When you complete the CVA programme, you will be awarded with the Associate Chartered Valuer and Appraiser (ACVA) designation. You may apply for the CVA designation once you meet the experience requirements.
CVA designation details
Eligibility
To qualify as a CVA holder, you must meet all of these requirements.
Complete the CVA programme; and
Have at least three years of suitable valuation experience within a four-year period from your application date.
You need at least 1.5 years of core valuation experience.
After you complete 1.5 years of core experience, the remaining 1.5 years can be non-core valuation experience.
Core valuation experience
This refers to experience in business valuation, corporate finance and litigation support, where you reach or provide a conclusion of value for:
Businesses or business interests
Intangible property
Economic losses
Your core experience should involve significant responsibility in any of these areas:
Activities which are involved in the provision of value conclusions
Activities in connection with financial litigation support and the quantification of economic losses
Activities in an investment capacity including, but not limited to, preparation of analysts’ reports and studies and investment analysis
Acting as business broker to the extent that it involves activities such as pricing, negotiating, and reviewing bids, and proposals
Corporate finance advisory activities, to the extent that time is spent in the process of pricing, negotiation or structuring
Non-core valuation experience
These are activities consistent with business valuation, and include any of these:
Financial, commercial and tax due diligence
Transfer pricing for intangible assets
Forensic accounting
Financial reporting
Auditing of financial statements
Teaching or publishing on business valuation (if you teach university or professional courses covering at least one-third of the CVA programme's body of knowledge, or have published works on the subject)
Benefits
As a CVA holder, you can enjoy the following benefits:
CVA benefits
Key benefits | Details |
|---|---|
CVA designation |
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Access to training & events |
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Access to resources and standards |
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Application and membership
Application
When to apply
You can apply for the CVA designation during two application windows each year:
1 January to 15 March
1 July to 15 September
IVAS will review your application within eight to 12 weeks after the window closes if you provide complete information. IVAS may contact you for more details during this period.
How to apply
Download and complete the CVA application form.
Review the IVAS Disciplinary Rulebook, which governs all CVA holders.
Email your completed form to ivas@acra.gov.sg.
IVAS reserves the right not to disclose reasons for approving or rejecting applications.
Getting endorsement from CVA holders
If you cannot find a CVA holder to endorse your application, IVAS can help connect you with one.
Email your completed application form to ivas@acra.gov.sg, including detailed information about your core valuation experience.
Notes:
The CVA endorser may ask for more information through sanitised valuation reports.
They may also interview you to assess your suitability as a CVA holder.
A connection to a CVA endorser does not guarantee an endorsement.
Annual membership fees
The annual membership fee for CVA holders is $400 (before GST).
Your first-year fees depend on whether you are an Associate Chartered Valuer and Appraiser (ACVA) holder, and when your application is approved:
CVA: First-year fees
If you are a/an | Fees for the first year of CVA conferment |
|---|---|
ACVA holder | No fee |
Non-ACVA holder (application approved 1 January to 31 March) | $400 (before GST) |
Non-ACVA holder (application approved 1 April to 31 December) | $200 (pro-rated, before GST) |
From the second year onwards, after the CVA designation is conferred, all CVA holders need to pay $400 per year (before GST).
All fees are subject to the prevailing GST.
Maintaining your CVA designation
Your ongoing commitments
CVA holders are required to uphold high standards of business valuation. As a CVA holder, you are committed to:
Meeting annual continuing professional development (CPD) requirements
Adhering to the International Valuation Standards
Adhering to the Code of Ethical Principles for Professional Valuers
Complying with the rules in the IVAS Disciplinary Rulebook
Annual CPD Requirements
When you renew your CVA designation each year, you must declare your CPD compliance status and pay the required fee.
You need at least 20 CPD hours each year to renew your CVA designation, using the CPD framework below:
CPD framework
Type | Details |
|---|---|
CPD qualifying activities | At least 10 hours need to be from class-based or e-learning courses. These include internal and external courses, seminars, conferences and forums. The remaining 10 hours can include:
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Core valuation practice areas | At least 10 hours need to be in any of these core valuation practice areas:
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Tip: Check IVAS events and CPD courses. These courses can contribute towards your annual CPD requirements.
CPD compliance audit
IVAS conducts random audits each year to ensure CPD compliance.
If you are selected for an audit:
IVAS will notify you via email by April each year
You must then submit:
Supporting documents or evidence of participation
CPD records
IVAS will contact you if you do not meet CPD requirements during the audit.
Requesting a CPD extension or waiver
You can email ivas@acra.gov.sg to:
Request a six-month extension if you are unable to meet the CPD requirements.
Request a waiver of CPD requirements under these exceptional circumstances:
Long-term or critical medical conditions, disability, or both
Unemployment exceeding six months
All requests are subject to IVAS approval.
Termination and withdrawal
When your CVA designation is terminated
Your CVA designation will be terminated if you do not submit your renewal form and payment after three reminders from IVAS.
IVAS will make reasonable efforts to contact you before termination. Keep your contact information up to date with IVAS to ensure you receive these reminders.
How to withdraw your CVA designation
To withdraw your CVA designation, email ivas@acra.gov.sg.
After termination or withdrawal
Once your designation is terminated or withdrawn:
Your name will be removed from the list of CVA holders.
You can no longer use the CVA designation.
Reinstatement of CVA designation
To reinstate your CVA designation, email ivas@acra.gov.sg.
Requirements and process
Time period | Requirements |
|---|---|
Within three financial years from the year of termination or withdrawal |
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After three financial years from the year of termination or withdrawal |
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List of CVA holders
Select a country or region to view the CVA holders practising there.
Singapore
Singapore: CVA holders
Country | CVA holders |
|---|---|
Singapore | Mr Andre Toh Sern Mr Aditya Gupta (Adie) Mr Alan Teoh Teik Hock Mr Albert Christian Mr Albert Tan Tiong Heng Mr Aldric How Mr Alex Charles Bickerton Haigh Mr Allen Cheong Jee Mun Mr Ang Thiam Hong Elsley Dr Andrew Lee Mr Andrew Ooi Lih De Mr Ang Chiang Meng Mr Ang Keng Siang, Terence Ms Ang Lian See (Denise) Mr Arumugam Ravinthran Mr Ashish R. McLaren Ms Ashlee Phuah Jia Chian Mr Avinaash Ravi Mr Mick Aw Mr Bakthavat Salam Sridhar Rao Ms Camellia Ng Kai Zhen Ms Cao Simin Ms Celina Chan Yee Ling Ms Chai Li-Lin Charlene Mr Chan Him Kerry Mr Chan Joon Keong Nicholas Ms Chan Li Shan (Rae) Mr Chan Soon Hee, Eric Ms Chan U-Nice Dr Charlie Z. Yang Ms Charlotte Cheng Yan Mr Chay Yiowmin Mr Cheng Soon Keong Mr Cheong Kong Yee Nicholas Mr Chew Kwan Eng Mr Chia Ee Luen Kelvin Mr Chia Soo Hien Frankie Ms Chiam Li Bing Mr Chian Siet Heng (Jason Chian) Ms Chin Yuan Feng, Angeline Ms Chong Hui Shan Mr Choo Kien Bing, Jeremy Ms Chua Ai Leng Mr Chua Ser Miang Mr Chua Siong Kiat, Alex Ms Denise Ong Yu Mei Mr Dennis Siew Guan Yik Mr Ding Hock Chai Mr Djunaidi Mr Doan Thuan Hai (Jason) Ms Dorothy Chiang Kar Fong Miss Elvina Lim Yu Ying Mr Eric Teo Khee Hwee Dr Ervinna Pang Mr Eugen Chua Ms Fan Wei Zhen Jolene Mr Fock Yong Zhao Michael Mr Foo Sheue Chuan Miss Foo Shi Qi, Michelle Mr Foong Pang Yen (Daniel) Mr Foong Wei Yao Mr Fu Chuanjie Ms Gail Shan Xu Nan Mr Gary Loh Weng Fatt Mr Girish Sahajwalla Mr Goh Chee Kiat Richard Mr Goh Chye Seng Mr Goh Hong Chuan Mr Goh Jun Wee Mr Goh Yean Seng, Gary Ms Grace Lui Kit Ying Mr Guo Zhiyong Mr Hamish Charles Egan Ms Han Shu Hui Mr Henry Tan Song Kok Mr Henry Young Mr Ho Pui Hou, Jeremy Ms Hoe Jessalynn Mr Hoo Jiunn Yih Mr Hooi Weng Yew Edwin Mario Mr Iain Cameron Potter Mr Jamesy Laya Ms Jamie Nguyen Ha Lan Mr Jan Michael P. Saniel Mr Jason Ng Bak Huat Mr Jayems Dhingra Jag Mohan Ms Jean Thoh Jing Herng Mr Jeffrey Chien-Cheun Chi Mr Johan Grundlingh Ms Josephine Hong Mr Juay Sze Sin (Bernard Juay) Ms Karen Lau Shy Yunn Ms Kee Poh Ling (Pauline) Mr Kelvin Song Wee Keong Mr Keoy Soo Earn Ms Ker Xun Hui, Fion Mr Khaw Jing Huan Mr Koh Chee Han Ms Koh Lay Choo Jessie Mr Koh Yuan Xing Mr Kon Yin Tong Mr Konialidis Nicolas Dr Lai Chee Hong Ivan Mr Lai Keng Wei Mr Lai Yong Quan Kelvin Ms Lan Xi Mr Lars Barslev Ms Lau Sze Ming Serene Mr Lau Yi Xiang Jonathan Ms Lee Chai Lian, Carmen Mr Lee Chin Ing, Wayne Ms Lee Chiu Chorn Mr Lee Dah Khang Mr Lee Hong Hui Ms Lee Pei Xuan Mr Lee Siong Tek (Terry) Mr Leonard Woo Chi Leong Mr Leow Quek Shiong Mr Leung Kai Wan (Jack Leung) Ms Li Miaosheng Mr Li Shang Mr Lie Kok Keong Mr Lim Chin Hao, Bryan Mr Lim Ghim Yew, Terence Mr Lim Kian Yee Eugene Mr Lim Shao Lin Bryan Mr Lim Siu Liang Shaune Mr Lim Ti (Lin Zhi), David-Mark Mr Lim Tin Boon, Jimmy Mr Lim Tze Hsien, John Brendan Ms Lim Yuhyuh Leona Mr Ling Tok Hong Mr Loh Yee Chuan Mr Loo Peng Siang Roger Ms Looi Pei Yan (Hailey) Ms Loong Chooi May Ms Lorraine Wong Tieu Mon Ms Louisa Neo Yen Lin Mr Low Kok Hong, Daniel Ms Low Yan Ting Georgina Ms Lum Hwei Yi Mr Lum Wai Meng Miss Ma Meijuan Mr Mah Kah Loon Mr Malcolm George Tan Zhi An Mr Mark Liew Wai Weng Ms Melanie Wong Wai Fun Mr Melvin Teo Mr Mun Siong Yoong Mr Navin Suresh Maheshwar Mr Neo Chun How Alton Mr Neo Keng Jin Mr Ng Boon Eng Ms Ng Cheah Chen Adeline Mr Ng Chin Wei (Gavyn) Ms Ng Jia Hui Melissa Mr Ng Kim Hee, Allan Mr Ng Kok Keong Mr Ng Wei Jiat (Jake) Ms Ng Yi Ling Nicolette Ms Ng Zi Xin Maxine Mr Ngo Van Quy Mr Nguyen Dang Truong Huy Ms Norijane Agpalo Mr Ong Hwee Li Mr Ong Lien Wan Ms Ong Lui Chun Mr Ong Peng Wee Miss Ong Si Man, Monique Mr Ong Tuen Suan Ms Ong Wei Lee Mr Ong Woon Pheng Mr Ong ZhengYu (Aden) Mr Pang Chee Siang (Jason) Mr Pang Xu Xian Mr Peh Yock Kwang Elvis Ms Phang Lay Koon (Lynn) Ms Qiu Wenqi Mdm Quek Li Huan (Doreen) Mr Quek Yong Qiang, Jamos Mr Ross Yu Limjoco Mr Ryan Lee Wai Hoe Mr Sajjad Akhtar Ms Sarah Chan Shuhui Mr Sarjit Singh Mr Sen Sheng Wei Mr Shao Kwan Kiat Ms Shi Jiayu Mr Siang Yeow Yoong Ernest Ms Sim Pik Sian Ms Soh Lin Sin Ms Soon Li Yin Mr Steven Lwi Tong Boon Mr Su Jun Ming (Martin Su) Mr Tan Chi Kit (Anson) Ms Tan Jia Xin Mr Tan Khim Eam (Christopher) Mr Tan Khoon Guan Mr Tan Kuan Thim Ms Tan Si Ying Jacqueline Mr Tan Sze Leng Mr Tan Teck Yong John Mr Tan Tian Soo Mr Tan Tiong Huat Alex Mr Tan Wei Cheong Mr Tan Wei Jie Remus Mr Tan Wei Ping Mdm Tay Bee Gek (Dorriz) Mr Tay Kok Soon Ms Tay Lee Sie, Fiona Mr Tay Woon Teck Mdm Teo Jenny Mr Teo Li-Sheng, Spencer Mr Teo Seah Yung Ms Teo Yen Lin, Lynn Mr Teoh Teik Li Mr Terence Wong Jun Jie Ms Tian Shi Qi Sophia Mr Toh Puay Yong Mr Toh Yang Zhao Mr Tsang Siu For Thomas Mr Venkata Satya Ramakrishna Maruvada Mr Vishal Sharma Mr Vishal Vachaspati Thapliyal Mr Wang Liang Mr Wang Xiaoqiang Ms Wang Ze Cheng (Elene) Mr Wayne Koo Kim Heng Mr Wayne Soo Hon Weng Mr William Tan Ms Wong Bee Eng Mr Wong Cheng Hoong Ms Wong Hey Herng Ms Wong Meei Shyan (Cherley) Mr Wong Soon Leong Ms Wong Wei Lin Ms Wong Wei Peng Ms Xiang Yi (Michelle) Miss Xiong Jiayi Mr Xu Han (Gregory) Ms Yak Chauwei Mr Yam Mow Lam Robert Mr Yap Beng Tat Richard Ms Yap Jiehui Ms Yap Lee Pheng Phyllis Ms Yeap Hui Lin Adalyn Ms Yeo Jia Lin Valerie Michelle Mr Yeo Teck Keng Mr Yeo Wee Thee (Royce) Mr Yeo Zi Xuan Mr Yong Zhi Sheng Ms Yuan Yitian Ms Yun Hui Li Florence Ms Zhang Yan (Annie) |
ASEAN
ASEAN: CVA holders
Country | CVA holders |
|---|---|
Indonesia | Mr David Rimbo Lim Mr Dimas Kurnia Gunadi Mr Herison Ng Mr Panca Arief Jatmika Mr Rommy Leonard Sjahraney Mr Sunu B Setiawan Mr Triono Soedirdjo |
Malaysia | Ms Adeline Khoo Mr Ahmad Zubir Zahid Mr Andrew Heng Mr Chong Lun Yao Mr Jayaram Krishna Moorthy Ms Kerk Su Ngee Ms Lai Fong Chin Mr Ng Boon Hui Ms Ng Lay Sze (Grace) Mr Teoh Jing Ren Mr Wong Wing Seong |
Philippines | Mr Carlos Santiago Bernal Tabora Mr Jerome Andrew H. Garcia Mr Lim, Smith Copeng Ms Mary Jade T. Roxas-Divinagracia Mr Stephen Palmer Co Uy Mr Tan, Alvin Tan Ms Tan-Hamed, Marie Stephanie C. |
Thailand | Ms Anongnuch Cheewaratanaphan Mr Kriangkrai Lertphokanont Ms Nithawan Jarernporn Mr Peter James Maras Ms Suluksana Artamnuayvipas |
Vietnam | Mr Franz Degenhardt Mr Johnathan Ooi Siew Loke |
Asia-Pacific
Asia-Pacific: CVA holders
Country | Names |
|---|---|
Australia | Ms Foong Yu Wen Mr Jason Murphy Ms Piera Murone |
Hong Kong | Mr William Yuen Mr Brett Shadbolt Mr Chan Cheuk Wing Kevin Mr Chan Ming Kit (Simon) Mr Chua Boon Shyan, Thomas Mr Kwong Kin Sun Ms Lau Wai Ping (Rita) Mr Paul Wu Mr Tsang Ka Fai (Kenneth) Mr Wong Ting Yung (Derek) |
India | Mr Mahek Vikamsey Mr Montek Mayal Mr Rajeev. R. Shah |
South Korea | Mr Braden Joseph Billiet |
Taiwan | Mr Jesse Chen Mr Jerry Chu |
Rest of the World
Rest of the World: CVA holders
Country | Name |
|---|---|
Kazakhstan | Mr Bilal Noorgat |
United Arab Emirates | Ms Srividya C. Gopalakrishnan |
United Kingdom | Mr Benjamin Oh Zhi Yong Mr Harsha Basnayake Mr Hector Genesis Domingo Salatan |
USA | Mr Capson Tyler Stewart |
