CBV CONNECT 2024 – EARLY BIRD REGISTRATION 

OTTAWA CBV ROADSHOW VOLUNTEERS NEEDED

CBV Institute is seeking 1-2 volunteers to join the CBV Panel at our Ottawa Roadshow on May 15, 2024, from 5:30 – 7:30 PM. The event is taking place at KPMG’s offices (150 Elgin St, Suite 1800).

If interested, please email kevin.floether@cbvinstitute.com.

2024 WINTER TERM COURSE RESULTS

The following course averages and pass rates were achieved in the CBV Program of Studies 2024 Winter Term.

Congratulations to the individuals noted below who achieved the highest mark in each course.

CALL FOR COMMITTEE VOLUNTEERS

CBVs play an integral role in the activities of CBV Institute. Board Committees and Management Advisory Committees are a hallmark of the CBV profession, and we derive significant benefits when CBVs are actively involved in the profession and our talents are combined.

CBV Institute is looking for CBVs to join the following committees:

• Continuing Professional Development Committee
• Education Committee
• Practice Inspection Committee
• Professional Practice and Standards Committee
• Emerging Leaders in Valuation Organizing Committee (Calgary)

Read More on the Committee Mandates…

This is a chance to shape our future, contribute to the growth of our profession, and network with peers. Don’t miss this opportunity to enhance your career and our community. Your involvement makes a difference!

If you’re interested in these opportunities or would like more information, please contact judy.justice@cbvinstitute.com and include your Resume/CV, a description of the type of work you do, and why you want to be involved with the committee in the email. The deadline to apply is May 17.

CORPORATE FINANCE INSTRUCTOR NEEDED

CBV Institute is seeking an instructor to teach Corporate Finance starting in the Winter 2025 term.

The instructor will play a key role in developing the course exam, leading two webinars per term, grading exams, and providing online support by responding to technical questions. If interested, please send your resume and a brief summary outlining how your experience aligns well with the role to saam.bandari@cbvinstitute.com.

CBV CONNECT 2024 SESSION SPOTLIGHT

Early bird deadline: Register before May 15, 2024, and save $ 200.

The deadline date to book a room at the conference hotel is May 20, pending availability in the room block. Rooms are booking quickly! 

"Trust me it’s more complicated than you think" - Valuing a beneficial interest in a discretionary trust

When a spouse is named as a beneficiary of a discretionary trust, they do not possess legal ownership over the trust's assets, which may include corporate shares. This lack of control over the distribution of trust assets and income poses a significant challenge in valuing their beneficial interests during matrimonial disputes. What valuation standards should be applied in such cases? Although the "fair market value" might suggest that the beneficial interest has no monetary value, settlements frequently reach into the millions. Why is this the case? This engaging presentation, featuring two renowned lawyers specialized in family and estate law, will dive into the factors that influence these high-stake settlements outside of court. Attendees will gain insights into the role of valuators in assisting legal counsel, understanding both the potential and limitations of their contributions in these complex legal scenarios.

Register Here... 

BVR RESOURCES: QUALITY CONTROL CHECKLIST FOR VALUATION REPORTS

Practical how-to articles from Business Valuation Update are included in our BVR portal (for access instructions, please click here and log in), including a new series on quality control (QC) for valuation engagements. According to a BVR survey, QC is the #1 issue at valuation firms. The series starts with How to Review a Report’s Valuation Methodology, which offers a short checklist of questions for a QC reviewer to consider for the income, market, and asset-based approaches, as well as the excess earnings method. Top tip: “Ideally, someone other than the expert who prepared the valuation should do this.” This series may be extra helpful for those who are using the latest International Valuation Standards (available on our website here), which require valuation process quality controls (see IVS 100 Valuation Framework, paragraph 20).

 OTHER EVENTS 

Webinar: What is the Broken Rung? Navigating Race, Gender and Immigration in Finance | WCM
Wednesday, May 22, 2024, 12 – 1 PM ET
More Information…

PAID ADVERTISEMENTS

CBV Institute is neither affiliated with, nor endorses, these programs.