CBV Institute’s Board has approved updates to the Valuation Practice Standards (Practice Standards Nos. 100, 110, 120, 130), which will come into effect on January 1, 2026. You can review the updated Valuation Practice Standards at the bottom of this page.
| Standard No. 100 | Valuation Conclusions And Valuation Reports |
| International Valuation Standards (Current) | International Valuation Standards Effective Jan 31, 2025 |
| International Valuation Standards (Previous) | International Valuation Standards Effective Jan 31, 2022 |
| Standard No. 110 | Valuation Report Standards and Recommendations. |
| Appendix A to Standard No. 110 | Valuation Reports Prepared for Purposes of Securities Legislation, Regulation or Policies |
| Appendix B to Standard No. 110 | Valuation for Financial Reporting |
| Standard No. 120 | Valuation Reports – Scope of Work Standards and Recommendations |
| Standard No. 130 | Valuation Reports – File Documentation Standards and Recommendations |
| Standard No. 210 | Advisory Reports – Report Disclosure Standards and Recommendations |
| Standard No. 220 | Advisory Reports – Scope of Work Standards and Recommendations |
| Standard No. 230 | Advisory Reports – File Documentation Standards and Recommendations |
| Standard No. 310 | Expert Reports – Report Disclosure Standards and Recommendations |
| Standard No. 320 | Expert Reports – Scope of Work Standards and Recommendations |
| Standard No. 330 | Expert Reports – File Documentation Standards and Recommendations |
| Standard No. 410 | Limited Critique Reports – Reporting Standards and Recommendations |
| Appendix A to Standard No. 410 | Labour Sponsored or Venture Capital Fund Valuation Reports Report Disclosure Standards and Recommendations |
| Standard No. 420 | Limited Critique Reports – Scope of Work Standards and Recommendations |
| Standard No. 430 | Limited Critique Reports – File Documentation Standards and Recommendations |
| Standard No. 510 | Fairness Opinions – Disclosure Standards and Recommendations |
| Standard No. 520 | Fairness Opinions – Scope of Work Standards and Recommendations |
| Standard No. 530 | Fairness Opinions – File Documentation Standards and Recommendations |
| Standard No. 610 | Investment Entity Review Report – Report Disclosure Standards and Recommendations |
| Standard No. 620 | Investment Entity Review Report – Scope of Work Standards and Recommendations |
| Standard No. 630 | Investment Entity Review Report – File Documentation Standards and Recommendations |
NEW PRACTICE STANDARDS (Take effect on January 1, 2026)
| Practice Standard No. 100 | Valuation Conclusions and Valuation Reports |
| Practice Standard No. 110 | Valuation Report Disclosure Standards |
| Appendix A to Practice Standard No. 110 |
Valuation Report Disclosure Standards for Securities Regulation or Policies |
| Appendix B to Practice Standard No. 110 | VFR Report Disclosure Standards |
| Practice Standard No. 120 | Valuation Conclusions and Valuation Reports – Scope of Work Standards |
| Practice Standard No. 130 | Valuation Conclusions and Valuation Reports – File Documentation Standards |
| Practice Bulletin No. 3 |
Guidance on the Levels of Valuation Conclusions |