CFA Test Prep vs CVA Exam Study Guide

Pass your 2026 CFA Exam with flying colors! Boost your confidence in passing the first time with our mobile app and a personal study plan based on your current skill and requirements. The CFA Program is a three-part exam that tests the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. The CFA Program is typically completed by those with backgrounds in finance, accounting, economics, or business. Key features: - Choose from different topics - Practice with 550+ questions - Track your strengths and weaknesses within Stats section of the app - Study detailed statistics of every test you take - Compare your score to the community average for almost any type of exam ————— Purchases, subscriptions and terms You need to buy a lifetime access or subscribe to get access to all features, courses and questions. The cost of the purchase is charged to your iTunes account. Subscriptions are auto-renewable and are billed at the rate and period selected depending on the subscription plan. Users’ accounts are charged for auto-renewal within 24 hours prior to the end of the current period. Subscriptions can be managed and auto-renewal can be turned off in Account Settings in iTunes after the purchase. Any unused portion of a free trial period, if offered, will be forfeited when the user purchases a subscription to that publication, where applicable. Terms of use: https://mastrapi.com/terms Privacy policy: https://mastrapi.com/policy

Pass the CVA by knowing what NACVA actually tests — the standards and premises of value, normalization adjustments, the three approaches and when each controls, capitalization versus discount rates, CAPM, build-up and WACC, the restricted stock and pre-IPO studies, how DLOC and DLOM combine, and the S-corp tax-effecting debate — instead of rereading a shelf of valuation treatises. CVA Exam Study Guide is a focused, fully offline companion for NACVA's Certified Valuation Analyst credential, organized exactly like the Core Body of Knowledge for Business Valuations — all nine sections, weighted the way the exam weights them — so you can drill the heavy sections hard and still cover every corner. SIX WAYS TO STUDY • Flashcards — tap to reveal, tagged by BOK section • Multiple-choice questions set in real engagement scenarios, each with a worked explanation • True/false drills built from the misconceptions that cost marks • Term-matching game — pair key terms in rounds of five • Searchable glossary of the valuation, statistics, and cost-of-capital vocabulary the exam assumes you know • Formula reference — Gordon Growth, cap rate, CAPM, build-up, Hamada unlevering, WACC, pre-tax conversion, excess earnings, DLOC/DLOM combination, and the rest — each with its variables and its trap ALL NINE SECTIONS, EXAM-WEIGHTED • Valuation Approaches (28%) — income, market and asset approaches: DCF and capitalization, Gordon Growth and terminal values, excess earnings, guideline public companies and transactions, adjusted net assets, sanity checks and reconciliation • Cost of Capital (17.5%) — CAPM, Modified CAPM and build-up, size and company-specific premia, industry risk, beta unlevering, WACC, pre-tax conversion, Fama-French, APT and the Risk Rate Component Model • Quantitative Analysis (15.5%) — financial statement analysis, normalization, statistics from coefficient of variation to regression, and defining the benefit stream • Discounts, Premiums, and Other Adjustments (13%) — levels of value, DLOC and DLOM with the empirical studies behind them, control premiums, key person, blockage, subsequent events • Qualitative Analysis (9%) — economic, industry and company analysis that actually moves the model • Special Purpose Valuation (5.5%) — intangibles, debt and convertibles, preferred stock, options, personal versus enterprise goodwill, ASC 820 fair value, pass-through entities • Plus Overview, Professional Responsibilities and Standards, and Engagement Acceptance and Planning — standards of value, ethics and independence, USPAP and SSVS, engagement letters and conflict checks BUILT LIKE THE EXAM The CVA exam is a five-hour proctored test of multiple-choice and true/false questions drawn from NACVA's Core Body of Knowledge. This app mirrors that structure: the same nine sections, the same emphasis, both question formats. STUDY ANYWHERE Everything works offline. No account, no sign-up, no ads, no data collection. This app is an independent study aid and is not affiliated with, endorsed by, or sponsored by NACVA (the National Association of Certified Valuators and Analysts). CVA and NACVA are trademarks of their respective owner. This app is not the certification exam, does not confer the CVA designation, and provides exam study material only — not valuation, investment, legal, or tax advice. SUBSCRIPTION & PURCHASE OPTIONS • Weekly subscription — $2.99 per week, auto-renews weekly • Monthly subscription — $6.99 per month, auto-renews monthly • Annual subscription — $19.99 per year, auto-renews yearly • Lifetime unlock — $29.99 one-time purchase All four unlock identical content. Subscriptions are billed to your Apple ID and renew automatically unless cancelled at least 24 hours before the end of the current period. Manage or cancel any time in your App Store account settings. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy Policy: https://www.dmpenterprisellc.com/privacy-policy