National Business Appraisers, Inc. and its President are members of both NACVA and CABB (the California Association of Business Brokers)
and Mr. Schmidt is a CVA-Certified Valuation Analyst with NACVA.
There are four organizations in the United States that have set forth protocol and standards for Business Valuations.
NBA provides Certified Business Valuations and Asset Appraisals compliant with these organizations - see below.
The American Society of Appraisers is a multi-discipline, non-profit, international organization of professional appraisers representing all appraisal disciplines: Appraisal Review & Management, Business Valuation,
Gems & Jewelry, Machinery & Technical Specialties, Personal Property & Real Property.
Their mission is to foster the public trust of our members and the appraisal profession through compliance with the highest levels
of ethical and professional standards. ASA is one of eight major appraisal societies that founded The Appraisal Foundation (The Foundation) in 1987. The Foundation is a national, nonprofit organization created to establish uniform
criteria for professional appraisers and was recognized by the U.S. Congress in 1989 as the source for the development and promulgation of appraisal standards and qualifications. The Foundation authors the Uniform Standards
of Professional Appraisal Practice (USPAP) which is the recognized standard governing professional appraisals.
ABV - Accredited In Business Valuation
The AICPA is the world's largest member association representing the accounting profession, with more than 394,000 members in 128 countries and more than a 125-year heritage of serving the public interest.
AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards
for audits of private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal
financial planning; fraud and forensics; business valuation; and information technology. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management
Accountant designation to elevate management accounting globally.
CBA - Certified Business Appraiser
The Institute of Business Appraisers (IBA) is the oldest professional society devoted solely to the appraisal of closely-held businesses. Established in 1978, the Institute is a pioneer in business appraisal education and
Business valuation is a specialized field requiring a solid foundation of experience, continuing education, and the highest level of professional integrity. As a nationally recognized membership organization, they have established the following goals: to increase awareness of business valuation as a specialized profession, to ensure that the services
of qualified, ethical appraisers are available, to expand the knowledge regarding the theory and practice of valuation, to develop and provide information, programs & services for members and to impact national policy and law affecting
the valuation community.
CVA - Certified Valuation Analyst
AVA - Accredited Valuation Analyst
NACVA has trained over 31,000 CPAs and other valuation and consulting professionals in the fields of business valuation, financial forensics, and various related specialty services serving the legal
and business communities.
They are a substantial group of professionals all with unique abilities, who, by and large, are the most qualified group in the country to serve the needs of the users of valuation
and financial forensic services. NACVA's members are all very well educated and experienced in a wide range of financial applications; and all credentialed members are required to recertify every three years.
The integrity of the Association is furthered by NACVA's rigorous certification programs, which require a complete understanding of the process. They believe their valuation and financial forensic certification
programs are the country's most objective for specialists in these areas because they emphasize a solid and broad base of knowledge from which a professional can build.