Fellow Chartered Valuer & Appraiser (FCVA) designation
Explore the FCVA designation for senior professionals, including advanced requirements, benefits and membership details.
On this page
About the FCVA designation
The FCVA designation recognises senior business valuation professionals who have demonstrated exceptional expertise, leadership, and commitment to the profession.
This prestigious designation is reserved for long-standing CVA holders who have made significant contributions to the field and maintained the highest professional standards.
Eligibility
The FCVA designation is awarded by invitation only.
To be considered for FCVA invitation, you must meet all of these requirements:
Have held the CVA designation continuously for at least eight years;
Have at least five years in a senior leadership position;
Have made significant contributions to the business valuation profession; and
Be in good standing with IVAS:
No disciplinary action in the last five years;
No outstanding membership dues; and
Have fulfilled all CPD requirements.
Benefits
As an FCVA holder, you can enjoy the following benefits:
FCVA benefits
Key benefits | Details |
|---|---|
FCVA designation |
|
Access to training and events |
|
Access to resources and standards |
|
Membership
Annual membership fees
The annual membership fee for FCVA holders is $400 (before GST).
This fee is subject to the prevailing GST.
Maintaining your FCVA designation
Your ongoing commitments
FCVA holders are required to uphold high standards of business valuation. As an FCVA holder, you are committed to:
Meeting annual continuing professional development (CPD) requirements
Adhering to the International Valuation Standards
Adhering to the Code of Ethical Principles for Professional Valuers
Complying with the rules in the IVAS Disciplinary Rulebook
Annual CPD Requirements
When you renew your FCVA designation each year, you must declare your CPD compliance status and pay the required fee.
You need at least 20 CPD hours each year to renew your FCVA designation, using the CPD framework below:
CPD framework
Type | Details |
|---|---|
Class-based or e-learning courses | At least 10 hours need to be from class-based or e-learning courses. These include internal and external courses, seminars, conferences and forums. The remaining 10 hours can include:
|
Core valuation practice areas | At least 10 hours need to be in any of these core valuation practice areas:
|
Tip: Check IVAS events and CPD courses. These courses can contribute towards your annual CPD requirements.
CPD compliance audit
IVAS conducts random audits each year to ensure CPD compliance.
If you are selected for an audit:
IVAS will notify you via email by April each year
You must then submit:
Supporting documents or evidence of participation
CPD records
IVAS will contact you if you do not meet CPD requirements during the audit.
Requesting a CPD extension or waiver
You can email ivas@acra.gov.sg to:
Request a six-month extension if you are unable to meet the CPD requirements.
Request a waiver of CPD requirements under these exceptional circumstances:
Long-term or critical medical conditions, disability, or both
Unemployment exceeding six months
All requests are subject to IVAS approval.
Termination and withdrawal
When your FCVA designation is terminated
Your FCVA designation will be terminated if you do not submit your renewal form and payment after three reminders from IVAS.
IVAS will make reasonable efforts to contact you before termination. Keep your contact information up to date with IVAS to ensure you receive these reminders.
How to withdraw your FCVA designation
To withdraw your FCVA designation, email ivas@acra.gov.sg.
After termination or withdrawal
Once your designation is terminated or withdrawn:
Your name will be removed from the list of FCVA holders.
You can no longer use the FCVA designation.
