CVA (Mile2 Cybersecurity Certifications) study plan
CVA · Give each week a clear focus.
8 weeks · About 7 hours per week
Business Valuation
Build a one-page formula sheet covering the income, market, and asset-based approaches, then solve five practice problems per approach without notes
Reconstruct the free cash flow to firm and free cash flow to equity bridges from memory, labeling each adjustment line by line
Compute a weighted average cost of capital for a hypothetical private company, including a build-up cost of equity with size and company-specific risk premia
Explain in writing when each of the three valuation approaches is most defensible and the conditions that disqualify it
Your checkpoint
A dated formula sheet plus a 10-question self-test scored and logged with error notes
Business Valuation
Apply the guideline public company method end to end: select comparables, compute multiples, and apply valuation adjustments for lack of marketability and control
Derive capitalization and discount rates using the build-up and modified CAPM methods, then reconcile any difference
Calculate terminal value under both the Gordon growth and exit multiple methods and test sensitivity to each key input
Distinguish the levels of value and map each level to the appropriate premium or discount
Your checkpoint
A full worked valuation of one fictional company using at least two approaches, with a written reconciliation of the value indications
Business Valuation
Value an intangible asset using the relief-from-royalty method and justify the selected royalty rate
Apply the excess earnings method to a customer relationship and defend the contributory asset charges
Compute economic and functional obsolescence in an asset-based valuation of machinery and real property
Adjust reported financial statements for nonrecurring items, related-party transactions, and normalized owner compensation before applying any multiple
Your checkpoint
A normalized earnings schedule and an intangible asset valuation memo of at least 400 words with assumptions stated
Business Valuation & Financial Forensics and Litigation
Assemble a complete valuation report outline that satisfies reporting standards, including scope, assumptions, limiting conditions, and the statement of value
Identify the common valuation errors that trigger litigation, such as double-counting risk, inconsistent cash flow and discount rate pairing, and unsupported discounts
Draft and answer cross-examination style questions on your own week 2 valuation, defending each judgment call
Summarize the standards and professional guidance that govern valuation engagements and disclosure
Your checkpoint
A mock expert report on the week 2 company with a one-page critique listing every weakness a opposing expert would attack
Financial Forensics and Litigation
Compute economic damages under the lost profits method, including but-for versus actual projections and mitigation offsets
Calculate lost earnings in a personal injury or wrongful termination scenario, incorporating fringe benefits, growth, and present value discounting
Distinguish the valuation date, the damage period, and the discount rate, and explain how each affects the award
Compare damages measured by the before-and-after method versus the yardstick method and select the better fit for a given fact pattern
Your checkpoint
A damages calculation workbook with two independent methods and a written explanation of why they differ
Financial Forensics and Litigation & Forensic Accounting
Apply the fraud triangle and the fraud scale to a fact pattern and identify the specific red flags present
Trace a funds flow through bank records and reconstruct an income statement from deposits when records are incomplete
Analyze a net worth statement and an expenditures versus sources of funds schedule to estimate unreported income
Explain the role of the expert versus the fact witness, the admissibility standard for expert testimony, and the limits of an expert's opinion
Your checkpoint
A forensic case memo reconstructing income and quantifying the unreported amount, with the method and its limitations documented
Forensic Accounting
Detect and quantify earnings manipulation using accruals analysis, revenue recognition red flags, and ratio trend analysis
Perform a vertical and horizontal analysis of a multiyear financial statement set and flag the three accounts most likely to conceal fraud
Identify the mechanics of common schemes, including skimming, lapping, check tampering, and financial statement fraud, and match each to its typical detection procedure
Describe the investigative process from engagement letter through evidence handling, chain of custody, and reporting
Your checkpoint
A forensic accounting report on a fictional company with a quantified adjustment to reported earnings and the supporting evidence trail
Business Valuation & Financial Forensics and Litigation & Forensic Accounting
Complete two full-length timed practice exams and score each by domain to identify remaining weak areas
Re-drill every missed item from weeks 1 through 7 and rewrite the formula sheet from memory
Practice 20 rapid-fire calculation items spanning discount rates, damages, and unreported income under time pressure
Review ethics and professional standards one final time and confirm the exam-day logistics and allowed materials
Your checkpoint
A scored practice exam log with a final one-page weak-area remediation list and a confirmed exam-day checklist
Milestones
Week 2: Score at least 75 percent on a self-made 20-question valuation quiz and complete one full valuation with reconciled value indications
Week 4: Produce a complete mock expert report and defend it under simulated cross-examination without contradicting your own written assumptions
Week 6: Quantify damages in two independent ways and reconstruct unreported income from bank data, with both results within 10 percent of the answer key or your own recalculated baseline
Week 8: Average at least 75 percent across two timed practice exams with no domain below 65 percent