INSTITUTE-SPONSORED RESEARCH PUBLISHED

In support of CBV Institute’s strategic priorities of advancing valuation knowledge and advancing brand strength, we routinely fund the development of research and thought leadership, relevant to CBVs and the public, through our Sponsored Research Initiative.

We are pleased to announce the publication of a recent research paper titled, “Prejudgement Interest: The Law, The Theory, and Implications for Practice”, and authored by CBVs Zachary Huxley and Guillaume Lafrance. The paper can be found in our CBV Insights – Sponsored Research periodical. In this paper, the authors address prejudgement interest, an issue that is often overlooked by courts, lawyers, and financial experts alike. The paper highlights common issues and provides recommendations for practice. Relevant aspects of law in Ontario and Quebec are summarized and followed by an exploration of theoretical literature. The authors then delve into an empirical study of certain informative judgements that implicated CBVs as expert witnesses and conclude by discussing implications for current practice. Read the Paper Here…

RE-EXPOSURE DRAFT - DEADLINE APPROACHING

This Re-exposure Draft concerning proposed revisions to the practice standards for independent valuations (Practice Standards Nos. 110, 120 and 130, or “the Standards”) is issued by The Canadian Institute of Chartered Business Valuators (“CBV Institute”) for comment. This is the second exposure draft on this topic and is an update to the exposure draft dated June 3, 2021. This Re-exposure Draft contains proposed changes which impact all valuation conclusions and reports, including Calculation Valuation Reports.

All comments must be submitted by September 30, 2022.

Respond via Survey...

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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.

The nomination deadline is December 31, 2022.

 HALL OF HONOURS NOMINATIONS OPEN

FCBV Desigation

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.

The nomination deadline is December 1, 2022.

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.

The nomination deadline is December 1, 2022.

BUSINESS VALUATION CHALLENGE 2022

We encourage you to share this event with any undergraduate students, student groups, instructors and/or professors you may know!

Registration for the 2022 Business Valuation Challenge, a national business valuation case competition for undergraduate students across Canada, is now open. The Challenge will be taking place on November 17 and 18, 2022.

More information on the BV Challenge can be found in the event digital poster and on the competition website, bvchallenge.ca.

AICPA RELEASES DRAFT BUSINESS COMBINATIONS GUIDE

Of interest to CBVs who produce valuations under US GAAP, the AICPA has issued a working draft of the Accounting and Valuation Guide - Business Combinations. This guide provides guidance and illustrations for preparers of financial statements, independent auditors, and valuation specialists regarding the accounting and valuation considerations for business combination transactions under FASB Accounting Standards Codification (ASC).

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REGIONAL ROUNDTABLES & INSTITUTE UPDATE

Join CBV Institute President & CEO, Christine Sawchuk, Director of Professional Practice, Catalina Miranda, and your Regional Director for an up close and personal roundtable and update on Institute initiatives. We are interested in hearing your views and feedback on activities and progress in the profession.

To register for these free events, click on your region above. Registration is limited to 35 for each, so register early to secure your spot.

DATA ANALYTICS COURSES - DISCOUNT ACCESS EXTENDED

This discount offer has been extended until September 30, 2022.

In the 2021 Member/Student Survey, respondents indicated that opportunities for training in data analytics would be valuable and appreciated. CBV Institute is pleased to announce that it has negotiated a discounted rate for CBVs and Registered Students for ICAEW’s (Institute of Chartered Accountants of England and Wales) Data Analytics Certificate Programme.

The certificate programme, available in both management and analyst streams, is specifically tailored for the finance profession, teaching leaners how to apply data analytics to answer practical business questions. Of relevance to most CBVs, the management pathway is designed for finance leaders seeking to understand the business benefits of applying data analytics, how to develop operational data analytics capabilities, or how to interpret data analytics output. Completion of this programme counts towards up to 30 verifiable CPD hours for the Management pathway and up to 60 hours for the Analyst pathway.

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