NACVA Increase its Expansion to Africa
The international chapters in Europe and Africa have been launched by the National Association of Certified Valuators and Analysts. The agreements were signed during this year with two African affiliates, one being in March by the African Association of Certified Valuators and Analysts and the other in June by a new group known as African Association of Financial Forensic Analysts. The African chapters joined a European chapter which was debuted in September and referred to as the European Association of Certified Valuators and Analysts.
Following the departure of the Salt Lake City Based organization from the International Association of Consultants, NACVA has been setting its presence internationally. This group provides such credentials as the Master Analysts in Financial Forensics and the Certified Valuation Analyst. AACVA has had its presence in Africa for more than ten years in Kenya, Ghana, South Africa and Nigeria.
The AACVA president, Bennet Kpentv said in a statement that they have come a long way to get people to appreciate that business valuation is a very special skill and that financial consultants and CPAs require a credential in doing the right things. Contrary, AAFFA is an organization that is new and is the first NACVA international chapter that exclusively focuses on credentialing and financial forensic training. The activities are focused in Angola, Lesotho, Botswana, Mozambique, Malawi, South Africa, Namibia, Swaziland, Zimbabwe and Zambia.
‘The AAFFA formulation will most definitely be of benefit to this country’, Proctor Nyemba, AAFFA executive director continued. What is now happening in the economy and particularly the fraudulent numerous cases, investigations and financial litigation display the urgent requirement in building awareness of engaging experienced and qualified financial and forensic analysts that are credentialed.