Asterion’s Stephen J. Scherf, CPA was recently notified by the Association of Insolvency and Restructuring Advisors that he was bestowed with the Certified in Distressed Business Valuation Credential (“CDBV”). This designation is bestowed upon professionals that demonstrate substantial experience in valuing businesses that are in financial distress.
The CDBV credential is a unique certification program in valuation of distressed assets including distressed and/or bankrupt companies. In order to obtain the credential a candidate must complete certain coursework and demonstrate proficiency in distressed business valuation theory and applications. The candidate’s experience is then reviewed by a certification board. Only candidates that meet these stringent criteria obtain the credential.