QUEBEC REGIONAL DIRECTOR ELECTION

On January 8, 2021, a Notice of Election, with supporting documentation, was emailed to the Members in the Province of Quebec. The deadline for receipt of the nomination form is March 31, 2021. We encourage everyone who feels that they can make a contribution to the Board and support the CBV Institute’s vision to give consideration to seeking a nomination. We will disclose to all Members, prior to the close of the nominating period, the names of those nominated in this Region along with a summary of their biographical and professional background. 

If you have any questions, please contact: Christine Sawchuk by email christine.sawchuk@cbvinstitute.com or phone 416-613-9551 or Bob Boulton by email at robert.boulton@cbvinstitute.com or phone 416-613-9550.

PROGRAM OF STUDIES BILINGUAL MARKERS NEEDED

CBV Institute is looking for bilingual markers who have successfully completed the MQE. The marking position responsibilities include:

1. Reviewing the French/English translation for the 4 core course exams, once per term,
2. Marking French exams for the 4 core courses,
3. Marking exam appeals for French exams.

If interested, please email Isabel Natale at education@cbvinstitute.com for more information. Make sure to indicate your availability and the year you wrote the MQE.

PROGRAM OF STUDIES - UPCOMING DEADLINES

Monday, February 22, 2021:

• Exam Opt-Out Deadline: York University will send all Students a link to opt-out of their course exam, should they choose to. 
  
• Academic Accommodations Deadline

More information.

FASB MOVES TOWARDS GOODWILL AMORTIZATION

The Financial Accounting Standards Board (FASB) has made the decision to move towards a goodwill amortization model for public companies. FASB has decided to allow entities to amortize goodwill on a straight-line basis over a 10-year default period unless they elect and justify another amortization period based on the facts and circumstances of the acquisition. FASB is performing additional research and outreach, and an Exposure Draft will be forthcoming in the future.

BVR PORTAL PASSWORD UPDATED FOR 2021

CBV Institute’s BVR portal password has changed for 2021. To access BVR’s knowledge library and to continue taking advantage of these free resources, ensure you are using the new password. Please click here for more information, including the new password. Note that entering in the wrong password will lock the portal.

IVS COURSE FROM CBV INSTITUTE REGISTER NOW

Register here for CBV Institute's course on International Valuation Standards. Based on the latest version of IVS, this course was designed and created by CBVs for CBVs. The course covers what CBVs and Students should know and understand to complete IVS compliant valuations. Successful completion of the course and test entitles CBVs to 3 hours of CPD, and CBVs obtain the special notation "IVS trained" on the "Find a CBV" located at cbvinstitute.com.

NEW IVSC PERSPECTIVES PAPER PUBLISHED

Challenges to Market Value

The pandemic has created significant uncertainty which has permeated all markets and led to various challenges, particularly as it relates to the availability of market information in a pandemic world. The IVSC's Tangible Assets Board has received feedback that in some markets, there is an increasing difference between Price and Value. This is explored in more detail in the most recent IVSC Perspectives Paper. How does the valuer quantify Market Value with a lack of market comparable information in the new COVID-19 world? 

View the Perspectives Paper here.