Press Release

SC&H Group CPA Earns Accredited Business Valuation (ABV) Credential

SPARKS, MD – January 24, 2007 –Michael J. Young – a CPA with SC&H Group, LLC – has recently been awarded the Accredited Business Valuation (ABV) credential by the American Institute of Certified Public Accountants (AICPA).  The ABV credential, established in 1996 by the AICPA, recognizes CPAs with extensive professional experience in business valuation.

The ABV credential is granted exclusively to CPAs who elect to demonstrate their business expertise and experience by earning the credential.  Since inception, only 2,100 CPAs nationally have earned the ABV credential. 

“The demand for business valuation services by CPAs has increased tremendously in recent years especially from owners of family businesses who are concerned with estate and gift tax issues, succession planning, divorce settlements, or who need guidance on selling their business or buying a new one,” says Ron Seigneur, CPA/ABV, Chair of the AICPA’s ABV Credential Committee.  “CPAs have had a long history of providing advice to clients on a variety of financial and business matters.  The ABV credential recognizes the growing importance of this service and the CPA’s expertise in delivering it.”     

Mike Young met all of the requirements to earn the credential.  These requirements included holding a valid CPA certificate and providing evidence of substantial experience and continuing education in business valuation.  CPAs who have earned the ABV credential must recertify every three years by demonstrating substantial involvement in business valuations and by completing a prescribed amount of continuing professional education.  

About AICPA
The AICPA is the national professional association of CPAs with more than 330,000 members in public practice, business and industry, government and education. 

About SC&H Group, LLC
SC&H Group is a nationally acclaimed CPA and Management Consulting firm serving a large client base ranging from emerging businesses to the largest Fortune 500 companies. SC&H Group consists of specialized practices, each with dedicated professionals serving focused client needs. The principal practices are SC&H Tax & Advisory Services, LLC; Stout, Causey & Horning, P.A.; SC&H State & Local Tax; SC&H Consulting; SC&H Capital; and SC&H Financial Advisors, Inc. Specific client needs served include: audit, tax compliance and consulting; state & local tax consulting; financial and internal control consulting (including Sarbanes-Oxley, Internal audit, and IT audit services); mergers and acquisitions assistance; wealth management; and business performance management implementations.  SC&H operates from offices in Maryland, Georgia, Pennsylvania, Virginia, and Massachusetts.

Contact: Jamie Ellis | 410-403-1500 | JEllis@SCandH.com