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I went to NACVAs Business Valuation Training Center (TC), and some of the things on the proctored exam were not mentioned by the instructors. Why are we tested on things not taught in class?

April 26, 2017Business center exam mentioned nacva proctored TC TRAINING valuation

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I went to NACVAs Business Valuation Training Center (TC), and some of the things on the proctored exam were not mentioned by the instructors. Why are we tested on things not taught in class?

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The knowledge exam, usually referred to as the proctored exam, tests knowledge of the general field of valuation, the Body of Knowledge, not just what might be discussed in a class on theory or practice. It is impossible for instructors to address every nuance of valuation theory and practice in 40 hours. That is why NACVA’s texts provide recommended reading and incorporate appendices a valuer needs to be familiar with. It takes both knowledge and the application of that knowledge to perform a business valuation.