CICBV guidance on the level of work to be performed for each type of valuation report, particularly calculation versus estimate report, leaves a lot of room to interpretation and professional judgment. Our panelists will share their experience dealing in their day to day work environment with the types of report they need to provide in different contexts, including dealing with issues such as level of complexity, competitive bids, fee pressure and limited information available. They will also discuss very candidly on how they deal with the level of work to be performed for each type of report and when the use of a calculation versus estimate report is appropriate. The panel will also debate the utility of calculation reports, particularly in light of any proposed changes from the adoption of International Valuation Standards.
James Dyack, Partner – MNP (Calgary)
Eveline Reid, President – Vine Valuations Inc. (Hamilton)
Patrick Ouimet, Partner – Raymond Chabot Grant Thornton (Montreal)
Moderator: Federica Nazzani, Managing Partner – Capital Assist (Valuation) Inc., (Windsor & Toronto)
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