This handbook is designed to provide candidates with sufficient instructions and case study information to prepare and submit one demonstration report to meet the credentialing requirements for the Business Certified Appraiser (BCA) certification.

Revenue Ruling 59-60 is the most often quoted revenue ruling in the business valuation profession. While the focus of 59-60 is geared towards valuing shares of closely held corporations, some form of this ruling is found in every BV society’s standards as well as USPAP Standards. Read the full text of Revenue Ruling 59-60, here.

Revenue Ruling 68-609 is best known for its use in estimating the market value of a business’ intangibles. The formula approach is commonly referred to as the excess earnings method. Here, you can find the actual text from Revenue Ruling 68-609.

For business valuation work under the auspices of the U.S. Small Business Administration office, one must have earned at least one of the professional valuation designations listed in their SOP. This excerpt highlights those listed designations.

Read through the example report to reacquaint yourself with the use of terms you learned and see how those terms apply in a real valuation project. 

Read through the example report to reacquaint yourself with the use of terms you learned and see how those terms apply in a real valuation project.