December 18, 2024

Notice
Board

Upcoming
Events

Career
Opportunities

DECEMBER

2024

TOP CBV UNDER 40 IN MEMORY OF DAVID CORNFIELD CA, CBV

This award recognizes an exceptional CBV on-the-rise in his or her career who has demonstrated success in a broad range of interests, brought distinction to the profession and embodies outstanding service. Such a CBV is inspiring not only for career accomplishments, but for realizing meaningful ways of giving back.

Nomination Deadline: December 31, 2024

Download the nomination form...

View Policy...

RE-EXPOSURE DRAFT RELEASED

CBV Institute welcomes comments on the Re-Exposure Draft concerning proposed revisions to the practice standards for independent valuations (Practice Standards Nos. 100, 110, 120 and 130).

The proposed changes in this Re-exposure Draft impact all valuation conclusions and reports in several ways, including:

Re-defining Calculation, Estimate and Comprehensive, distinguished by Scope of Work, namely depth of work, especially corroboration,
Enhancing the scope of work required for Calculation Valuation Reports,
Quality control over the valuation process,
Reasonability of inputs and assumptions,
Enhancing report disclosure re: the rationale for professional judgments made,
Draft report disclosures,
Assess the reliability of any external data sources or tools relied upon, including databases, opinions from specialists and newer technologies like AI and AVMs,
Requiring a step-back assessment of the reasonability of the overall Valuation Conclusion.

This is the third and final exposure draft on this topic, updating the earlier exposure drafts issued June 29, 2022, and June 3, 2021.

Comments must be submitted by April 30, 2025.

HELP SHAPE CBV INSTITUTE’S FUTURE

Help shape CBV Institute’s future! The 2024-2025 “Our Path Forward” survey is now open, and your insights will directly inform our next Strategic Plan, set to be unveiled in January 2026. It takes less than 20 minutes to complete, and responses are strictly confidential.

BONUS: Respondents can enter to win a $250 Amazon gift card.

This survey is open until December 31, 2024.

Access Survey...

2025 MQE - CALL FOR QUESTIONS

Preparations for the 2025 MQE are under way. CBVs who wish to contribute a question for the 2025 MQE are invited to submit a one-page synopsis to CBV Institute's Education Department, at education@cbvinstitute.com. The submission deadline is Monday, January 6, 2025.

Selected CBVs will be invited to the 2025 MQE Authors’ Clinic (on Thursday, January 16, 2025) based in part on their synopsis.

MQE 2024 - TOP MARK RECIPIENTS

Congratulations go out to the following individuals for their achievements on the 2024 MQE:

Alexandra Kovacs-Espley, CPA, CBV – George Ovens Award Recipient
Della Wang, CPA, SCR, CBV – Second Highest
Pamela Pan, CPA, CBV – Third Highest Mark

View their message of thanks...

WINTER TERM REGISTRATION OPEN

Registration for the Winter 2025 term is open and the deadline to register is January 10, 2025.

If you have any questions regarding registration, please email CBV Institute’s Education Department at education@cbvinstitute.com.

SEEKING A CBV FOR AN IN-CLASS PRESENTATION

We are seeking a CBV to deliver a 30-minute presentation about the CBV designation to third-year Finance students at York University.

The presentation will take place during the first lecture of ADMS 3531: Personal Investment Management on Tuesday, January 7, 2025, at 11:30 AM ET in the Victor-Phillip Dahdaleh Building, York University.

This is an ideal opportunity to introduce students to the value of the CBV designation and inspire the next generation.

If you are interested or would like more details, please contact Kevin Floether, Manager, Marketing & Communications, CBV Institute at kevin.floether@cbvinstitute.com

SEEKING TWO CBVs FOR A CAREER FAIR AT LAVAL UNIVERSITY

The Career Day in Administration is taking place at Laval University on Thursday, January 30, 2025, 11:00 AM to 3:00 PM ET at the Pavillon Palasis-Prince, FIÉSA Terrace (Level 0).

We are looking for two CBVs to attend and represent the Institute at this important event. This is your chance to inspire the next generation of professionals and share your expertise about the CBV career path.

If you are interested and available to attend on behalf of CBV Institute, please contact Kevin Floether, Manager, Marketing and Communications, CBV Institute at kevin.floether@cbvinstitute.com.

GENERATIVE AI FOR CBVs

In this comprehensive video guide, Kevin Floether, Manager, Marketing and Communications, CBV Institute, walks viewers through the practical applications of generative AI for CBVs.

Whether you are a sole practitioner or running a small practice, discover how AI tools can enhance your efficiency without requiring the technical expertise of an IT team.

Watch the full video...

CALL FOR PARTICIPATION: OSC LONG-TERM ASSETS CONSULTATION

Calling all Ontario Members! CBV Institute requests your input to inform its response to the Ontario Securities Commission’s (OSC) Public Consultation Paper: Opportunity to Improve Retail Investor Access to Long-Term Assets Through Investment Fund Product Structures, meant to facilitate increased investment in long-term illiquid and capital-intensive assets.

HAPPY HOLIDAYS FROM CBV INSTITUTE

CBV Institute’s office will be closed from December 24, 2024, to January 5, 2025. We will reopen on January 6, 2025.

CBV Matters will be taking a two-week hiatus over the holidays. This is the final edition for 2024 and the first in 2025 will be on January 8.

Here’s to a safe, enjoyable, and relaxing holiday season!

Economic Update
	Join Bryan Yu, Chief Economist for Central 1 Credit Union as he delivers his annual economic review, highlighting key developments from 2024 and offering insights into what we can expect in 2025. While Bryan focuses on B.C., his session will provide attendees with a temperature reading of what can be expected nationally.
January 21, 2025		REGISTER

Expropriation – What’s it all About?
	Expropriation – you may have heard the term, but do you know what it means and how a CBV can assist in expropriation matters? Join Paula Frederick, FCBV, Principal, Cohen Hamilton Steger & Co. Inc., Heather Jones, Partner, Gowling WLG Vancouver, and, Mila Badran, Partner, Gowling WLG Montreal as they take participants through the expropriation process and the differing expropriation laws across Canada. The various types of claims will be explained along with the role of a CBV, as well as other experts and Counsel, in quantifying the claimant’s compensation will be examined. Practical aspects will be discussed in terms of how a CBV can assist during each step of the expropriation process. Lastly, current issues in the quantification of a claimant’s compensation will be explored.
January 22, 2025		REGISTER

Bridging the Gap: Key Insights into Business Financing
	Join Kyle Kreppenhofer, Commercial Capital Advisor, Ashdown Capital as he provides CBVs with an overview of the unique aspects of acquisition financing that impact valuation. He’ll introduce Ashdown Capital, covering its mission and approach, and then explore market trends, common financing challenges, along with the implications for business valuations. Through practical insights and examples, attendees will gain a deeper understanding of how financing dynamics influence valuations, equipping them to better navigate the intersection of financing and valuation in acquisition scenarios.
February 5, 2025		REGISTER

ALL EVENTS

OTHER EVENTS

Hot topics in business valuation: A CBV Institute and CPA Ontario collaboration
CBV Members can use the promo code CBV60 to receive a $60 discount until February 20, 2025
Register Here...

Open Position	Company
Expert.e, évaluation d’entreprises et risques financiers	Fondaction Montreal
Associate/Manager/Senior Manager: Valuations, Damages Quantification & Forensic Accounting	Cohen Hamilton Steger Toronto
Senior Manager, Valuation and Corporate Finance	Baker Tilly WM LLP Toronto
Valuations Associate	Lipton Polisuk Inc. Toronto
Business Valuations & Litigation Support	Hoare•Dalton London

Your web browser is outdated. For the best possible site experience, we encourage you to switch your browser to Microsoft Edge, Google Chrome or Firefox.

Important Deadlines