On Monday, June 3, CBV Institute sent a delegation to the first-ever RICS Business Valuation Symposium in New York City. The half-day symposium brought together US and Canadian professional leaders and stakeholders in business valuation. The Institute was proud to co-sponsor the event’s cocktail reception.
Issues discussed included recent changes that impact global trends in valuation, fair value measurement estimates and challenges in financial reporting, how the community is responding to a new proposed quality monitoring program, and whether advances in technology will necessitate further changes. The Institute’s Christine Sawchuk (Director, Education & Accreditation, CBV Institute) and Bill Armitage (Vice-Chair, CBV Institute Board of Directors) addressed the audience as part of a panel on “Next steps in business valuation.”