Vicenti Lloyd Stutzman LLP: Business Consultants and CPAs

Local CPA Earns Accredited in Business Valuation Credential

Carl Pon, Partner, of Vicenti, Lloyd & Stutzman, a 53-year-old mid-size regional Certified Public Accounting and business consulting firm in Glendora, has been awarded the Accredited in 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, 1,505 CPAs 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."

Pon met the requirements to earn the credential, including holding a valid CPA certificate, providing evidence of substantial experience and continuing education in business valuation, and passing a written exam covering the business valuation common body of knowledge, including the areas of professional and regulatory standards, valuation methods, and report writing.

Pon has been licensed to practice as a CPA since 1978. He has also received certification as a Certified Valuation Analyst (CVA) and has been a member of the National Association of Certified Valuation Analysts (NACVA) since 1996.

Pon began his career in public accounting with Vicenti, Lloyd & Stutzman in 1976. He conducts appraisals and valuations in preparation for the purchase/sale of a business, buy-sell agreements, estate and gift tax planning, and succession planning. He has performed valuations for a wide range of businesses, including manufacturers, distributors, and service companies. Pon says, "I am committed to making a positive difference in the life of each client I work with."

Vicenti, Lloyd & Stutzman is a leading accounting firm serving clients throughout Southern California and is located at 2210 E. Route 66, Suite 100 (at Amelia Avenue in the Glendora Courtyard office complex) in Glendora. For more information, contact the firm's office at (626) 857-7300 or visit the firm's web site at www.VLSLLP.com.

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