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Valuation practitioners are often asked to explain the differences between the three types of reports prescribed by our professional standards. Clients want to make sure that the report will be acceptable to the tax authorities, the courts, or to a third party with whom they are negotiating a purchase or sale of a business. When is a calculation or an estimate report sufficient? Other than under securities regulations, when is a comprehensive report required? Is it ever acceptable to provide calculations without a report? Two experienced valuation practitioners will discuss case studies based on their experience and provide insights from debates on similar issues in the US valuation profession.

Catherine Tremblay, Partner, Valuation & Litigation Support – MNP LLP, Montréal Andrew Freedman, Managing Director – Duff & Phelps Canada Limited, Toronto

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