7-Hour USPAP Update for Business Valuation

General Information

This course provides students with convenient, self-paced online modules and knowledge checks available immediately after registration. Please note, the 2026-2027 USPAP cycle does not include a new USPAP edition. Students should reference the version utilized during the 2024 15-Hour or 2024-2025 7-Hour USPAP Update Course. If you do not have access to this edition, you must purchase a copy directly from the Appraisal Foundation here.

Upon completion of all course modules and required components, students can promptly download a certificate of completion and obtain automatic CE credit. It is recommended that students finish the course within 90 days of purchase to prevent access issues. Students may request an additional 90-day extension for the course by contacting education@appraisers.org. However, please note that this extension incurs a non-refundable fee. 

Registration Includes

• 24-7 online access to course modules and quizzes
• Promo Codes for USPAP Materials will be provided within (3) business days in a separate email notification* 
  • Review USPAP Materials Access tab for more details

This course is non-refundable. Review the FAQs to ensure it’s the right course for you. If you’re still unsure, contact Member Services at asainfo@appraisers.org. By registering, you agree not to share any electronic course materials with third parties. *Note: You may experience a delay in receiving your promo code(s) during holidays.

Note before registering: This course is geared towards Business Valuation (BV) appraisers only, and does not meet requirements for new applicants who are required to take the 15-Hour BV USPAP Course. PP/GJ/MTS appraisers must take the Personal Property USPAP course(s).This course does not meet the Appraisal Foundation’s USPAP continuing education requirements for Real Property appraisers, and will not be accepted by state real property licensing boards or for CE credit for state licensing of real property appraisers. This course may be used to meet qualifying USPAP requirements for beginning Real Property students who are seeking state certification, however, it is the responsibility of the student to verify acceptance of this course with his/her state prior to registering. Refer to the USPAP FAQ's for additional information.

Continuing Education (CE) Information

7 ASA Continuing Education (CE) Credit Hours

This course does not provide CPE (NASBA's Continuing Professional Education) credit

Course Information

USPAP stands for "The Uniform Standards of Professional Appraisal Practice" and is published by The Appraisal Foundation (TAF) headquartered in Washington, DC. In 1989, Congress enacted the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), which authorized TAF as "THE" source of appraisal standards and appraiser qualifications. "USPAP is the generally recognized ethical and performance standards for the appraisal profession in the United States" and was adopted by Congress in 1989.  USPAP contains standards for all types of appraisal services, including real estate, personal property, business and mass appraisal. USPAP is updated every two years providing appraisers with the information they need to deliver unbiased and thoughtful opinions of value.

What is the 7-Hour USPAP Update Course for Business Valuation? The 7-Hour USPAP Update Course for Business Valuation will familiarize users of USPAP Standards 9 and 10 with recent, significant revisions to USPAP that impact every practicing appraiser in the business valuation arena. In addition, the course confronts some of the regularly misunderstood concepts in USPAP and reviews their application through the use of other communications published by the Appraisal Standards Board. This course will meet current USPAP continuing education requirements established by the Appraisal Foundation for BV appraisers. 

Learning Outcomes

• Prepare appraisals in full compliance with the current Uniform Standards of Professional Appraisal Practice; 
• Utilize the new definitions in USPAP in appraisal preparation; 
• Recognize how the changes in USPAP will affect appraisal reporting; and  
• Identify many of the current problems faced by business valuation appraisers and how to use USPAP to solve and/or better handle them.

Learning Level

Fundamental

Course Audience

Individuals who have completed the full 15-hour USPAP course before and only require updated information, specifically Business Valuation professionals.

Important note: This course does not meet the Appraisal Foundation’s USPAP continuing education requirements for Real Property appraisers. This course will not be accepted by state real property licensing boards or for CE credit for state licensing of real property appraisers. This course may be used to meet qualifying USPAP requirements for beginning Real Property students who are seeking state certification, however, it is the responsibility of the student to verify acceptance of this course with his/her state prior to registering.

USPAP Materials

The Appraisal Foundation has revised its policy regarding the distribution of USPAP course materials. Course participants will now receive promo codes to obtain the required materials at no cost directly from The Appraisal Foundation's online store. 

Within (3) business days of registration, ASA's education staff will send a separate email containing the necessary promo codes. Cancellations, refunds, or course transfers will no longer be permitted once the codes have been issued. *Note: You may experience a delay in receiving your promo code(s) during holidays.

Important: Promo codes are valid for electronic versions of the materials only. The Appraisal Foundation does not issue codes for printed copies.

For detailed instructions on how to redeem your promo code(s), please click on "How to Redeem Your Licensed Product" below.