GAFM-CVM Exam Information and Outline
Certified Valuation Manager (CVM)
Syllabus Update Checked on: November 9, 2026
GAFM-CVM Exam Syllabus & Study Guide
Before you start practicing with our exam simulator, it is essential to understand the
official GAFM-CVM exam objectives. This course outline serves as your roadmap.
The information below reflects the 2026 syllabus defined by
GAFM.
Below are complete topics detail with latest syllabus and course outline, that will help you good knowledge about exam objectives and topics that you have to prepare. These contents are covered in questions and answers pool of exam.
- Exam Format
- Online multiple-choice certification examination following the GAFM Accredited Certification Training Program (ACTP)
- Valuation Principles and Standards
- IVS and standards of value
- Business Valuation Approaches
- Income, market and asset approaches
- Discounted Cash Flow Valuation
- Forecasting, WACC and terminal value
- Market Multiples
- Comparable companies and transactions
- Asset-Based Valuation
- Adjusted net asset method
- Valuation of Intangibles
- Relief-from-royalty and excess earnings
- Valuation Management, Reporting and Review
- Valuation reports and review