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CVA (Mile2 Cybersecurity Certifications) study plan

CVA · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

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

Week 2

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

Week 3

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

Week 4

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

Week 5

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

Week 6

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

Week 7

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

Week 8

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