November 15, 2023



 

Breaking News

BV CHALLENGE 2023: ANOTHER GREAT SUCCESS!

CBV Institute was pleased to host our second annual Business Valuation Challenge last week. This national case competition saw 22 teams from Canada’s top business schools compete against each other in a test of their business valuation skills. A total of 69 students participated.

This year's Challenge was sponsored by Title Sponsors KPMG, OMERS, and Event Sponsors Davis Martindale, and MNP. The two-day event culminated in live-streamed finals, where teams presented insightful analyses, demonstrating their expertise and innovative valuation thinking.

Congratulations to our top three teams:

  1. British Columbia Institute of Technology
    Paul De Blois
    Maya Khera
    Jin Wook Ryu
    Sangbeom Woo
  2. Concordia University
    Andreana Moulinos
    Paulina Moulinos
  3. Toronto Metropolitan University
    Billy Arseneault
    Dennis Chen
    George Chibukhchyan
    Vansh Saini

A final thank you to our sponsors for enabling us to host BV Challenge 2023, and the CBV judges who volunteered their time and expertise to adjudicate the students’ presentation.

Watch the Recording…


 

Important Deadlines

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NOVEMBER
17
2027
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Our Path Forward Survey Deadline Approaching
The survey takes less than 20 minutes to complete. Everyone is strongly encouraged to participate, as your feedback will inform the planning of CBV Institute’s future.
Take the Survey...

Notice Board

NEW CPD BUNDLES AVAILABLE

CBV Institute is thrilled to unveil our latest initiative – tailored CPD bundles to accelerate your learning and expertise. Opt for one of our curated bundles and notch up 3 CPD hours.

Explore our bundled options in the following areas: Expert Witness bundle, Earn-out bundle, Thought Leadership bundle, and Family Law bundle. Grab this opportunity to build up your domain expertise, learn about contemporary trends, and propel your professional journey forward with our focused CPD bundles.

Read More…


CALL FOR VOLUNTEERS: AI & TECH WORKING GROUP

CBV Institute is creating a small working group to explore AI and technology. We’ve seen explosive growth in AI tools this year, as well as the recent emergence of tools which aim to automate aspects of the business valuation process. These tools pose opportunities as well as potential risks.

The objective of this working group is to gather insights from the CBV community about the variety of AI and automation tools available today that could impact the business valuation profession, and to help inform the Institute’s response and approach. Impacted areas of CBV Institute will include Education, Standards and Ethics.

Read More...


INSTITUTE ADOPTION OF IVS

Last week, CBV Institute was pleased to announce the landmark decision of its Board of Directors to adopt International Valuation Standards (IVS) as an optional framework for business valuation practice. The decision to adopt IVS (which are developed and issued by the International Valuation Standards Council (IVSC)) as part of the Institute’s suite of acceptable practice standards for valuation, comes after a multi-year stakeholder consultation process. Starting immediately, CBVs have the option of using either IVS or CBV Institute’s existing valuation Practice Standards for valuation engagements (Standards 110, 120, and 130), thereby elevating the global reach of the CBV profession and solidifying CBV Institute’s commitment to a strong global valuation profession by making IVS acceptable for use in Canada.

View Full Announcement…

For any questions CBVs or Registered Students, we’ve prepared an FAQ document that is available at the link below.

View FAQ Document…


HALL OF HONOURS NOMINATIONS OPEN

FCBV DESIGNATION

Granting of the Fellow designation is the highest honour CBV Institute confers. The FCBV recognizes those Members who have demonstrated acknowledged achievements in the following fields of activity:

• provided distinguished service to the business valuation profession, and
• brought significant recognition to the business valuation profession.

Nomination Deadline: December 1, 2023

Download Nomination Form View Policy

LIFE MEMBER DESIGNATION

The designation of Life Member is granted to Members who have attained eminence in the field of business valuation and who have retired from active practice as a business valuator.

Nomination Deadline: December 1, 2023

Download Nomination Form  View Policy

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 31st, 2023

Download Nomination Form View Policy

BVR RESOURCES AVAILABLE: WEBINAR TRANSCRIPTS

Did you know that CBV Institute has a dedicated BVR portal through which we provide CBVs and Students free access to many business valuation books, articles, and resources?

For instructions on how to access our BVR portal and unlock this wealth of information, please click here and log in.

Transcripts of archived webinars are included in our BVR portal, including A Difference of Opinions - Using the Right Tools for the Market Approach: a look at three key differences when valuing venture-backed versus closely-held companies (differences in diligence, valuation tools and methodologies/approaches).


Upcoming Events

 

Financial Modeling Best Practices: 10 Tips to Build a World-Class Model
Join us as Ian Schnoor reviews and presents enhanced methods for financial modeling, a crucial skill for accountants and business valuation professionals, aiming to address common areas of improvement in many self-taught modelers' works. He covers critical tools, best practices, and essential tips for creating a superior financial model that instills confidence and facilitates sound decision-making. Ian Schnoor, with a rich background in financial education and consulting, emphasizes hands-on, interactive learning to ensure attendees grasp the necessary technical skills for advancing in financial modeling.
November 29, 2023     

Vancouver Holiday Social Event 

The BC Workshop Committee invites you to attend the annual holiday social and networking event on Wednesday, December 6, 2023. 

Please join us in connecting or reconnecting with fellow valuators and celebrating the successful Membership Qualification Exam writers.  We look forward to seeing you on December 6th! Registration includes two drink tickets as well as canapes / hors d’oeuvres.

December 6, 2023     

Montreal Holiday Social Event 

The Montreal Workshop Committee invites you to attend the annual holiday social and networking event on Wednesday December 6, 2023.

Please join us in connecting or reconnecting with fellow valuators and to celebrate the successful Membership Qualification Exam writers. We look forward to seeing you on December 6th!

Register early so as not to miss this must-attend event. Registration includes a drink ticket as well as canapes / hors d’oeuvres.

December 6, 2023    



ALL EVENTS




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


OTHER EVENTS 

Family Dispute Resolution Institute of Ontario (FDRIO)
November 20, 2023 - Annual Virtual Conference – “Delve Deeper”
Join FDRIO members and other professionals in the FDR field as they dive deeper, elevate our knowledge, and connect with others in the Family Dispute Resolution industry.
CBVs and Registered Students to receive FDRIO member pricing using the promo code: CBVI2023

IVSC Financial Instruments Board - Public Meeting
The IVSC's Financial Instruments Board will host their next (virtual) public meeting from 14:00-15:00 (GMT) on 22 November 2023. You can register to listen to their meeting and gain insights on their current work programme by clicking on the link below.
Register Here…

 

CAreer Opportunities

       

Open Position Company
Manager / Senior Manager Davis Martindale
London
PPA & Goodwill Impairment Expert Valu8er Inc.
Toronto
Senior Associate/Associate, Investment Banking Baker Tilly Canada Capital
Vancouver
Senior Analyst/Advisor, Valuation Governance PSP Investments
Montreal

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