The Nashville office of public accounting firm Carr, Riggs & Ingram, LLC, one of the Southeast’s ‘Top Four’ accounting and business consulting firms and a top 40 firm nationally, has announced that partner Scott Schumpert has been awarded the accredited in business valuation (ABV) credential as administered by the American Institute of Certified Public Accountants (AICPA).
The ABV credential is conferred upon CPAs who have demonstrated the skill, education, and experience necessary to satisfy stringent requirements designed to address certain areas of skill, education, and experience critical to practicing business valuation successfully. For individuals who provide court testimony as well, mastering these requirements in order to render a business valuation opinion in the courtroom is mandatory. There are fewer than 2,500 credentialed ABVs in the United States.
In earning his ABV credential, Schumpert had to pass a comprehensive examination, complete multiple prior business valuations, complete more than 75 hours of continuing education, coursework, lectures, and publishing, and hold a valid CPA license. He previously had earned the Certified Valuation Analyst (CVA) accreditation bestowed by the National Association of Certified Valuation Analysts.
A resident of Brentwood and native of Knoxville, Tennessee, Schumpert holds a B.S.B.A. degree in Accounting from the Tennessee Technological University.
As an audit partner with CRI, Schumpert has over 20 years of experience working with both small and large client organizations in the healthcare, wholesale, transportation, manufacturing, construction, and professional services arenas. He joined the firm in 1998 after beginning his career at Deloitte & Touche. He is an active member of both the Tennessee Society of Certified Public Accountants and the AICPA.
Carr, Riggs & Ingram employs over 550 professionals in 16 offices across Tennessee, Alabama, Florida, Georgia, and Mississippi.