January 22, 2025




Notice Board

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 the future. We want to inform you that an election is scheduled to take place in early 2025 for: 

  • the Provinces of Newfoundland and Labrador, New Brunswick, Nova Scotia and Prince Edward Island collectively (Atlantic Canada)
  • the Province of British Columbia and the Territory of Yukon collectively (BC)
  • the Provinces of Alberta, Saskatchewan and Manitoba, and the Territories of Nunavut and Northwest Territories collectively (Prairies)
  • the City of Toronto

All Members whose principal place of business is in these specified Regions were sent a Notice of Election on January 6, 2025, which included a link to the Regional Director Position Profile. If you would like the email resent, please contact Deborah.hanlon@cbvinstitute.com


SEC ISSUES PENALTY OF $45M

United Parcel Service Inc. (UPS) will pay $45 million to settle claims by the SEC about the 2019 fair value of its freight unit, which it sold in 2021. The decision highlights the importance of valuation specialists requesting from management information about any prior indications of value, prior assessments/analyses, or any proposed transactions. Consideration of prior indications of value is a new topic recently added to Practice Standard No. 120 (Scope of Work) under CBV Institute’s Valuation Standards Exposure Draft. It also highlights the importance of valuation assumptions being reasonable and supported.

Read More...


SEEKING CBVs FOR MCMASTER WORLD CONGRESS

CBV Institute is looking for four CBVs to represent the profession at the Career Networking Session during the McMaster World Congress on February 6 & 7, 2025.

As Canada’s longest-running student-led conference, the McMaster World Congress offers an incredible opportunity to engage with students through innovative and relevant themes that inspire and inform.

If you’re interested in participating or would like more details about the event, please contact Kevin Floether, Senior Manager, Marketing & Communications, CBV Institute, at Kevin.Floether@cbvinstitute.com.


GENERATIVE AI FOR CBVs

In this comprehensive video guide, Kevin Floether, Senior Manager, Marketing & 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...


CBV MEMBERSHIP INVOICE RELEASED

The 2025 membership invoices have been released. You can make your payment and view your invoice here.

Please contact memberships@cbvinstitute.com if you require any assistance.

Note: Before gaining access to your dashboard, you will be required to confirm your profile information

Upcoming Events

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     


The Impact of Technology & AI on the Future of Valuation
Join Abhishek Pandey, Deputy CEO & Co-founder of 73 Strings, as he shares his journey from valuation practitioner to tech enthusiast and discusses the key drivers behind launching 73 Strings in 2019 to revolutionize financial analysis with AI and alternative data. This webinar highlights the role of technology in modern valuations, including the integration of AI, balancing innovation with human expertise, and ensuring data accuracy for reliable outcomes. With extensive experience in valuation, M&A, and restructuring, and having led 73 Strings to secure Series A funding from investors like Blackstone and Fidelity, Abhishek brings valuable insights into the future of valuation practices.
February 12, 2025    


The Evolution of Valuation with AI - What Will Work Best for You?
This session will explore the impact of AI technologies on valuation services, offering foundational knowledge of AI tools and guidance on selecting appropriate technologies to enhance efficiency and revenue. Key topics include best practices for integrating AI into workflows, future trends in AI for valuation services, and the democratization of valuations through technology. The webinar features Gary Sanghera, Director of Valuations & Algorithms at interVal, and Dave Bunce, Director of Partnerships at interVal, who bring extensive experience in business valuations and technology integration.
February 26, 2025     




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...

Career Opportunities

Open Position Company
Director/Senior Manager (Remote Position) White & Lewis
Toronto
Chief Financial Officer  Appleby College
Oakville
Expert.e, en 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

 

 

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