CBV CONNECT 2023 – SAVE THE DATE

CBV Congress is back this year, and with a fresh new name. CBV CONNECT 2023 will be taking place in Toronto on June 8 & 9, 2023, at The Sheraton Centre Toronto Hotel!

Join us in person at the signature event of CBV Institute dedicated to leadership in business valuation. Get the latest thinking and insights to advance valuation expertise and confront an ever-changing business environment. Global registration will be open to CBVs and Students, other valuation professionals, business leaders and interested professional associations and organizations.

Make sure to save this date in your calendar as registration will be opening in the coming weeks and will be announced in CBV Matters!

NEW CBV TASK FORCE

Are you a new CBV or a successful MQE candidate in the process of completing your experience hours? Do you want to get involved with CBV Institute and help move the business valuation profession in Canada forward?

CBV Institute is assembling a task force of new CBVs to better understand the preferences and needs of the next generation of business valuation leaders. We are looking for the input of a diverse group of new CBVs (or successful MQE candidates) who wrote the MQE in 2021 or 2022. Task force meetings will be conducted virtually.

If you are interested in this opportunity or would like more information, please contact info@cbvinstitute.com.

KROLL’S COST OF CAPITAL TOOL – DISCOUNT AVAILABLE

We have updated our partnership with Kroll (previously Duff & Phelps) to offer their Cost of Capital Navigator online platform at discounted prices for Members and Students, with discounts of up to 25% off subscriptions. Kroll’s Cost of Capital Navigator guides valuators through the process of developing global cost of capital estimates, including data for Canada. For information on how to unlock this discounted resource, click here and log in. Kroll experts will also be hosting a free webinar for CBV Members and Students on February 22, 2023 – they will provide a comprehensive demo of the Cost of Capital Navigator platform and answer any questions. You can sign up here.

WE’RE HIRING!

Manager, Thought Leadership and Professional Practice

CBV Institute is looking to hire a full-time Manager of Thought Leadership and Professional Practice. Reporting to and working closely with the Vice President, Regulatory and Standards, this person will also work closely with CBV Institute’s Marketing and Communications, Continuing Professional Development, and Education teams.

The Manager of Thought Leadership and Professional Practice will play an instrumental role in the development and sourcing of high-quality thought leadership, guidance and other resources to: (1) inform public audiences about the business valuation profession (and CBV profession specifically) and set it apart from other professions, and (2) support Students and Members in their professional growth as leaders in the business valuation profession, and (3) participate in various Institute strategic initiatives and projects to advance professional practice excellence (standards and guidance), for the benefit of the public interest.

Read More…

2023 INSTITUTE MEMBERSHIP RENEWAL

Members are required to pay their membership renewal upon receipt of the 2023 Membership Renewal invoice.

If you have questions regarding the membership renewal process, please contact Carol Walford, Member Services Coordinator, for assistance via email (membership@cbvinstitute.com).

UPCOMING EVENT: PRACTICAL ISSUES IN FAMILY LAW

We are excited to announce an upcoming event co-hosted by CBV Institute and the Family Dispute Resolution Institute of Ontario (FDRIO), taking place on February 13, 2023. The event will provide valuable insights and guidance for chartered business valuators. It will feature three sessions, covering the cross-examination of a CBV in family law, valuing RSUs and stock options, and the expanding and evolving role of CBVs in alternate dispute resolution.

This is a fantastic opportunity to stay current on important issues, learn from industry experts, and network with colleagues. We hope to see you there!

This event is available IN PERSON and over LIVESTREAM.

TORONTO WORKSHOP - VOLUNTEERS NEEDED

Workshops are collaborative venues for CBV professional development at the local level. Workshops advance professional topics of local interest and provide the opportunity for CBVs to receive technical guidance close to home. Workshops qualify to earn CPD hours from CBV Institute. Organizers also promote regional networking activities and social events, supporting a sense of community that connects the CBV profession.

Facilitated by CBV Institute, workshops are spearheaded by dedicated volunteers. Regional organizing committees are mobilized by CBVs to plan and deliver events, which are open to all CBVs and Students in the local area.

If you are interested in volunteering for the Toronto Workshop Committee, please send an email to deborah.hanlon@cbvinstitute.com by February 15, 2023. 

EXPOSURE DRAFT RELEASED: ADOPTION OF IVS AS OPTIONAL USE PRACTICE STANDARDS

CBV Institute has released an exposure draft proposing the adoption and permitted (optional) use of the International Valuation Standards (IVS) as issued by the International Valuation Standards Council (IVSC) for independent valuation engagements which would otherwise be performed in accordance with CBV Institute Practice Standards Nos. 100, 110, 120 and 130. For clarity, IVS would be adopted as an option alongside, rather than replacing, Practice Standards Nos. 100, 110, 120 and 130. CBV Institute and its Professional Practice and Standards Committee (PPSC) have been discussing the adoption of IVS for several years. The publication of this Exposure Draft is a significant step forward towards global harmonization of valuation standards for the benefit of the public interest. CBV Institute and CBVs have had a leading role in shaping IVS into what they are today – the leading internationally recognized standards for valuations of all asset types, including business valuation. Read More…