POTENTIAL CHANGES TO NOMINATION AND ELECTION PROCESS - UPDATE

CBV Institute’s Board of Directors has decided that no changes will be made to the 2024 regional and at-large nomination and election processes, as we continue to collect Member feedback. The Board and Institute Management thank those who provided feedback during the consultation period.

REGIONAL DIRECTOR ELECTION

In our ongoing commitment to professional excellence, the Institute’s Leadership/ has adopted a proactive approach to recruit candidates to serve on our Board of Directors (Board). Every seat on our Board plays an important role in supporting us to meet our critical strategic goals for our future. We want to alert you now that we will be holding elections in early 2024 in the following Regions:

1. The Province of Quebec
2. The Province of Ontario, not including the City of Toronto

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MQE 2024 - CALL FOR QUESTIONS

Preparations for the 2024 MQE are under way! CBVs interested in submitting a question for the 2024 MQE should submit a 1-page synopsis of their question to CBV Institute's Education Department, at education@cbvinstitute.com, by Monday, January 8, 2024.

CBVs will be invited to the 2024 MQE Authors Clinic (on Friday, January 12, 2024) based in part on their synopsis.

MQE QUESTION AUTHORSHIP INFORMATION SESSION

CBV Institute will be holding an information session in early/mid-December for CBVs who are interested in submitting a question for the 2024 MQE.

The session will discuss compensation, timelines, and expectations of authors. If you would like to participate, please email education@cbvinstitute.com. Space is limited and not everyone who expresses interest will be selected.

INSTITUTE DIGITAL BADGE FAQ PAGE

CBV Institute will be launching digital badges for CBVs and Registered Students in the CBV Program of Studies. Starting for CBVs in December 2023, and extending to Registered Students on a per-course basis in early 2024, these badges will significantly amplify the visibility of your hard-earned designations and completed courses, and provide a seamless verification process for your CBV designation.

In preparation for the launch of the badges, we've created an FAQ page that covers several questions you might have.

Read the FAQ Page...

ESG AND PRIVATE COMPANIES: NEW THOUGHT LEADERSHIP

The latest edition of CBV Insights highlights the diverse range of work that CBVs do, by tackling the omnipresent issue of ESG. While some valuation professionals are sceptical about the impact of ESG factors on value, others believe that ESG is simply a new name for risks and opportunities that have always been worth considering in a business valuation.

Given this divergence of opinion, how can CBVs address client questions about ESG? Taking a practical approach, eight CBVs share insights from advising private companies on ESG issues that have arisen in ownership disputes, transaction due diligence, private investments, and ESG-related legal claims.

We encourage you to read and share this article with your networks.

More Information…

CALL FOR VOLUNTEERS – VIDEO SERIES ON BV & AI

Join Our "AI in Business Valuation" Video Series as a CBV Contributor!

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TOP CBV UNDER 40 NOMINATIONS OPEN

Nominations are now open for Top CBV Under 40 in Memory of David Cornfield CA, CBV, recognizing an exceptional CBV on-the-rise in his or her career who has demonstrated success in a broad diversity of interests, brought distinction to the profession and embodies outstanding service. Such a CBV is inspiring not only for career accomplishment, but for realizing meaningful ways of giving back while achieving impressive professional goals.

Nomination Deadline: December 31, 2023

WEIGH IN ON ACCOUNTING FOR INTANGIBLES

There are many intangible assets that weren't considered when financial reporting standards were written. The Canadian Accounting Standards Board recognizes this and wants to hear from knowledgeable practitioners about intangible assets and whether accounting standards should be updated to help financial statement users make more informed decisions about an entity's increasingly intangible value creation activities.

The recently launched Intangibles survey explores questions such as: Which are the prevalent types of intangible assets in the Canadian market (recognized and internally generated)? Which types of intangibles should be recognized in the financial statements? Which intangibles are not used in the operations of the business?

The survey takes 5 min to respond and will remain open until January 12, 2024. CBVs – have your say!

Take Survey...

WINTER TERM REGISTRATION OPEN SOON

Registration for the Winter 2024 term opens on December 12, 2023, and is open until January 12, 2024. Please register early. Late registrations will not be accepted.

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

Challenges to Quantifying Economic Harm from Data Breaches Join us for an enlightening session on economic damage assessment in data breach incidents, led by Dr. Erica Greulich and Dr. Stuart Gurrea from Secretariat International. They will unpack the complexities and common pitfalls in quantifying economic harm due to compromised personal data, a pressing issue in today's digital landscape. This event promises valuable insights for professionals navigating the intricate world of data security and privacy. January 17, 2024   REGISTER

Economic Outlook Join the BC Workshop as they welcome Bryan Yu, Chief Economist for Central 1 Credit Union. Bryan will provide attendees with his annual BC economic review of 2023 and outlook for 2024. While Bryan focuses on BC, his session will provide attendees with a temperature reading of what can be expexted nationally. January 24, 2024   REGISTER

Minority Discounts for Public Equities. Yes? No? Maybe? Explore the topic of minority discounts in publicly traded equities with Susan Glass, a retired partner from KPMG. In this session, she will examine all sides of the debate—"No", "Yes", and "Maybe"—integrating research and her recommendations. Special focus will be given to identifying factors that indicate the presence or absence of a discount, and its implications for valuation in various scenarios, including fairness opinions and litigation matters. January 31, 2024   REGISTER

SAVE THE DATE! CONNECT 2024 – Montreal, QC – June 20 & 21

OTHER EVENTS 

Webinar: Climate Reporting - What Your Firm Needs to Know
Thursday, December 14, 2023, 12-1 PM ET
Climate change is prompting significant changes in business operations, with Canada's major public companies increasingly reporting their greenhouse gas emissions and setting reduction targets. This free webinar, hosted by Smith Business Insight and the Institute for Sustainable Finance, will address climate disclosure issues and expectations. Featuring Canadian industry leaders and sustainable finance experts, the session will cover topics like climate risk disclosure performance, regulatory developments, and strategies for engaging with high-emitting firms to facilitate a transition to net-zero emissions.
Register Here...