CVGA Credential Policies

 

Credit for Continuing Professional Education (CPE)

National Registry of CPE Sponsors

CPECorporate Value Metrics LLC (CVM) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417 or by visiting the web site: www.NASBA.ORG.

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.

CVM CPE Programs offered

Week-long programs are eligible for up to 40 CPE credits.  Specifically, the Certified Value Growth Advisor (CVGATM) credential program training offers 36 to 40 CPE credits, depending on actual time.

CPE credits are awarded are based on actual program length, which may vary slightly from planned.

CVM CPE Sponsor contacts

  1. Primary (lead) NASBA CPE contact: Art Pearce, CVM Director of Product Development
  2. Secondary (alternate) NASBA CPE contact: Ken Sanginario, CVM Founder and President

Delivery Method

The CVGATM program utilizes a combination of lecture, discussion and group exercises. It is conducted live with groups of 10 to 30+ participants, physically gathered together in a large meeting space over the course of a week.  For NASBA CPE purposes, the delivery method is “Group – Live”.

Program Materials

Program participants receive a course notebook and 3 ring binder with copies of all materials used during the program. Electronic copies of all materials are also provided to participants upon completion of the program.

Program Level

The CVGATM  program is created for experienced business advisors seeking an intermediate learning experience.

Prerequisites

The primary prerequisite is attendees should have private lower middle market management, owner, or advisory experience.

During CVGATM Program online form or phone registration, CVM collects participant background info – if the participant is not already known to us, as an existing customer licensee of our VOP® software licensee.  Prior to completing a participant’s registration and processing their payment, we review the stated CVGATM learning objectives and confirm the participant needs and expectations are in line with what the CVGATM Program provides.

Advance Preparation

The CVGATM program provides advance reading materials to participants to better prepare them for the content the program covers and the 3 hour exam they must pass in order to earn their CVGATM credential.

 Administrative Policies

Control of Participant Attendance and Awarding of CPE Credits

By company policy, all CVGATM Program instructors are responsible for ensuring that all participants are present for all program segments. This is accomplished as follows:

  • A formal daily sign-in log is enforced for each of the 5 days of the CVGATM week-long program, for each participant.
  • For each session, the CVGATM instructor and/or program administrator performs a count of the participants present and matches it to either (a) the number of signatures on the sign-in log sheet, (b) the nameplates installed at each filled seat in the meeting space, or (c) the names listed on the pre-printed CVGATM participant attendance-by-session template
  • Throughout each session of the program, and especially at the conclusion of each session, the instructor and/or program administrator visually confirms that all participants are present.
  • If a participant should leave the program room for more than a few minutes (restroom breaks, phone calls, etc.) during a session, the instructor and/or program administrator makes note of the participant name and time absent on a pre-printed CVGATM participant attendance-by-session template, for potentially adjusting the CPE credits granted to that participant.

In addition, each instructor and/or the CVGATM program administrator notes any variations more than 10 minutes between the actual day/session times compared to planned and allotted, after factoring scheduled breaks and meals.  Actual CPE granted in each Field of Study to each participant is then a function of the participant’s attendance in each session each day, and the actual length of each session, based on the 50 minute CPE hour standard defined by the National Registry of CPE Sponsors.

Record Retention Policy

CVM retains all CPE records for a minimum of five (5) years, whether paper or electronic records.

CVGATM Program records for each offering include:

  • Program full week agenda, with session sequence, time allotments, instructors, and breaks/meals
  • Daily participant sign-in sheet and the corresponding attendance-by-session notes on time any participant is absent from portions of one or more sessions
  • Dates and location of each CVGATM Program offering (5 scheduled for 2016)
  • Instructor names and credentials, and their respective slides and materials
  • Actual versus scheduled session time durations, and actual CPE credits offered by Field of Study
  • Results of participant evaluations by session, and overall (SurveyMonkey)
  • Exam questions, settings, and results, plus re-take exam questions, participants (ClassMarker)

Documentation of Participation

All participants who successfully complete the CVGATM Program will receive documentation of their participation, including:

(1) CPE program sponsor name (CVM, LLC) and contact information;

(2) Participant’s name;

(3) Program title;

(4) Program fields of study (Management Advisory Services and Finance);

(5) Dates the Program took place and was completed by the participant;

(6) Location;

(7) Type of instructional/delivery method used (Group-Live);

(8) Amount of CPE credit earned for each field of study;

(9) CPE credits verification and sign-off by CPE Sponsor representative;

(10) National Registry of CPE Sponsors identification number; and

(11) Time statement reading “In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.”

 

Complaint Resolution

Any complaints should be directed to Art Pearce, CVM Director of Product Development, using any of the following contact methods:

  • Office Telephone: (508) 870-5805 main, (781) 690-6251 direct
  • E-mail: apearce@CorporateValue.net
  • US Mail: Art Pearce, Corporate Value Metrics LLC, PO Box 167, Westborough, MA 01581 USA

In conjunction with CVM President Ken Sanginario, Art Pearce will make every effort to investigate the cause of all complaints and take all reasonable and appropriate corrective actions.

In addition, Corporate Value Metrics LLC (CVM) is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.NASBA.ORG.

Refunds

It is CVM’s policy to fully meet or exceed client and participant expectations. However, if for any reason clients or participants believe that their program needs were not met, we will happily discuss the concerns and, where appropriate and reasonable, refund a portion or all of the program fees.

Pending our approval as a NASBA CPE Sponsor, we are including on our website our Refund and other CPE policies, for our prospective training participants.

Requests for refunds should be directed to Ken Sanginario using any of the following contact methods.

  • Office Telephone: (508) 870-5805
  • E-mail: ksanginario@CorporateValue.net
  • US Mail: Ken Sanginario, Corporate Value Metrics, PO Box 167, Westborough, MA 01581 USA

Program Cancellations and Changes to Scheduled Dates

Cancellations by a client participant in a scheduled CVGATM Program more than 30 days prior to the program start date will only be responsible for 25% of the full program fee.  This may be entirely applied to a future CVGATM Program without penalty, by re-scheduling to a later offering (typically once per quarter).  Otherwise, any excess paid above 25% of the full program fee will be refunded.

At the discretion of CVM, cancellations by a client participant in a scheduled CVGATM Program 10 to 30 days prior to the program start date will be responsible for 50% of the full program fee.  25% may be applied to a future CVGATM Program, by re-scheduling to a later offering (typically once per quarter). Otherwise, any excess paid above 50% of the full program fee will be refunded.

At the discretion of CVM, cancellations by a client participant in a scheduled CVGATM Program less than 10 days prior to the program start date will be responsible for 75% of the program fee.  25% may be applied to a future CVGATM Program, by re-scheduling to a later offering (typically once per quarter). Otherwise, any excess paid above 75% of the full program fee will be refunded.

All client participant CVGATM Program cancellations must be communicated in writing, by e-mail or letter, to Michael Corrigan, at mcorrigan@corporatevalue.net or CVM, PO Box 167, Westborough, MA 01581 USA.

Should CVM LLC request or require re-scheduling of a CVGATM Program a client participant previously committed and paid:

  • CVM initiates re-scheduling at least 3 weeks prior to the program start date: committed client participants may choose to either accept a full program fee refund, or reschedule to a future CVGATM Program date
  • CVM initiates re-scheduling less than 3 weeks prior to the program start date: committed client participants may request reimbursement of any airline change fees, plus may choose to either accept a full program fee refund, or reschedule to a future CVGATM Program date at a 10% discount

All CVM notifications to committed client participants of a re-scheduling or cancellation of a CVGATM Program offering will be in writing, by e-mail.  Additionally, to ensure timely communication, client participants will be contacted by phone, to review re-scheduling and/or refund options, as outlined above.

Further Information and Program Registration

For any further information on the CVM CVGATM Program, or to obtain information on registering for or sponsoring our CVGATM Program, please contact Michael Corrigan, CVM Vice President of Sales directly as follows:

  • Office Telephone: (508) 870-5805
  • E-mail: mcorrigan@CorporateValue.net
  • US Mail: Michael Corrigan, Corporate Value Metrics LLC, PO Box 167, Westborough, MA 01581 USA

 Policy on CPE Program Content Development and Updates

Suitability of Program Content and Knowledge Level

Learning objectives and training session agenda details are provided to all CVGATM Program participants prior to, or at the beginning of, each training session segment.  Each participant’s background, motives, and readiness for the CVGATM Program are briefly reviewed as part of the registration process.  This enables CVM, as the CPE Sponsor, to be sure the program content and prerequisite knowledge and experience are a good fit for the participant. And it allows the participant to confirm their knowledge and needs match up well with what the CVGATM Program offers.  The specific resulting knowledge, skills, and abilities are outlined so participants are clear on what to expect, not just in deciding to attend the program but also for succeeding in passing the 3 hour exam and earning the CVGATM credential.

CVGATM training program was originally created to develop advanced consulting skills of our VOP® software customers so they can be more effective and successful facilitating value growth advisory.  Our typical software customers are advisors trying to build emergent value growth advisory practices supporting their private company clients similar to what our Founder, Ken Sanginario, built for his turnaround management and value growth consulting firms prior to starting CVM.

Program knowledge level for the CVGATM Program is considered Intermediate.

Effectiveness of Program Content and Delivery

The CVGATM Program content was conceived by us, along with a corresponding CVGATM  Exam testing the broad range of management and finance insights advisors can experientially apply to help lower middle market companies maximize enterprise value. Specifically:

  • Our CVGATM week-long training program was designed by our Founder, Ken Sanginario, with some of the 15+ separate topical segments developed and instructed by leading subject matter experts in their respective fields.
    • Refer to the Instructor Biographies for further details on the education and experience they bring to their respective subject areas, substantiating the accuracy and currency of CVGA Program content.
    • Refer to the separate section on “Policy on Program Updates” for the process applied to regularly refine and update CVGATM Program content.

CVGATM Program delivery is in a small group setting of fewer than 25 participants. It is live, interactive, and face-to-face in a dedicated meeting space.  This approach facilitates knowledge transfer, group discussion and idea-sharing, and reinforcement of key content.

CVGATM Program content is delivered via a classroom projector as well as a physical binder numbering hundreds of pages and electronic file copies of all the slides.

Independent Qualified Review of Program Content

CVGATM Instructors cross-reviewed each other’s materials upon initial development, prior to our CVGATM Pilot, for both content accuracy as well as style, depth, length, and relevance.  In particular, learning objectives content were scrutinized and extensively revised to meet the high standards of the program, and to align with the newly developed, rigorous, 3 hour CVGATM Exam content.

Policy on Program Updates

CVGATM Program learning objectives, scope, high-level content, and instructional methods are briefly reviewed during the registration process with each client participant, to confirm participant readiness and expectations.

The CVGATM Program content was newly developed in 2016, and independently cross-reviewed by at least 1 additional instructor for each session prior to the April pilot offering.

The content, presentation, and exercises are occasionally refined before each subsequent CVGATM Program week-long offering, of which approximately 1 is scheduled every 3 months. The content refinements are based on (a) participant evaluations (for each session), (b) instructor & reviewer observations, and (c) industry developments from the AM&AA, AICPA, EPI, NACVA, and management consulting industry thought leaders.

Although formal industry publications and standards generally do not directly affect our CVGATM Program content, Ken Sanginario monitors such publications and standards as a practitioner as well as an educator (with the AM&AA, NACVA, and EPI).  Periodically, no less than once every 2 years, and typically after each CVGATM Program offering, CVM reviews CVGA® program content for ongoing relevance and technical accuracy; any changes in relevant standards are considered for Program content updates or refinements.

Relevant Learning Objectives

Learning objectives for each CVGATM Program segment were developed and scrutinized to ensure they met specific criteria including specific, measurable, attainable, realistic, and time-bound.  In so doing, the CVGATM Program segment learning objectives allowed the participants to be clear on the knowledge they would be developing to apply to their value growth advisory practice, plus be tested on in the CVGATM Exam.

Participants have confirmed in segment evaluations and video testimonials how they gained new relevant skills and knowledge, as promised in the specific learning objectives.  And participants know how to apply these skills and knowledge to help their client companies grow in a more risk-adjusted, sustainable way.

Much of the CVGATM Exam was built off the 3 to 5 specific and measurable learning objectives extensively developed for each of the 15+ program segments.

National Registry Statement

CPECorporate Value Metrics, LLC, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education (CPE) on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.