An Independent Valuation Analyst is an appraisal professional designated by the American Society of Appraisers (ASA) as certified to conduct business valuations. The analyst must have sufficient work experience in business valuation, submit a sample valuation report, satisfy the educational and ethics requirements, and pass four specific exams. Other organizations offer similar accreditation; for example, the National Association of Certified Valuators and Analysts (NACVA) offers the “Certified Valuation Analyst” (CVA) designation and the American Institute of CPAs (AICPA) offers the “ABV” (Accredited in Business Valuation) designation.