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INSIDE CBV ELECTIONS: BEING ON OUR BOARDIt’s an exciting time in the profession to be on CBV Institute’s Board of Directors. What’s involved in the role? For an inside look, we asked Regional Directors Charlene Rodenhiser and Catherine Tremblay to share their personal experiences. Watch the video interview below, hosted by Christine Sawchuk, President & CEO. Useful insight and information for anyone who may be considering running for election this year or in the future. There are four regional elections in 2022 and the nomination deadline is March 31st. Download Position Profile and Nomination Forms
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INFORMATION REGARDING ONLINE VOTING IN ELECTIONSVoting for this year’s four regional director elections will occur online. CBV Institute has engaged Simply Voting to provide a secure, anonymous, and user-friendly online voting system for this election. Online voting will begin at 12:01 am ET on Friday, April 8th, and will be available until 11:59 pm ET on April 30th. At 12:01 am on Friday, April 8th, Members in the above regions will receive an email from Simply Voting that includes:
All emails from Simply Voting will originate from vote@simplyvoting.com and from one of the domains listed below. In order to ensure email deliverability, please request your IT department that emails from Simply Voting be whitelisted (i.e., not blocked):
If you have any issues, please contact Deborah Hanlon at Deborah.hanlon@cbvinstitute.com or 416.613.9552. |
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PRACTICE BULLETIN #2 UPDATEDIn response to market feedback received since the publication of the International Valuation Glossary - Business Valuation (the “Glossary”) in November 2021, the working group updated the Glossary on February 24, 2022. Substantively, the document was revised to include three (3) terms which had been inadvertently omitted from the November 2021 publication, as well as to address minor editorial corrections. The additional terms are Valuation Method, Valuation Model, and Value in Exchange. Parallel updates have been made to CBV Institute’s Practice Bulletin No. 2, including some other translation revisions (including an updated French translation of the term Fair Market Value). The working group contemplates revisions to the Glossary from time to time. As a reminder, the Glossary was developed as part of ongoing efforts to harmonize definitions for terms used in business valuation. It is intended to be a reference tool to facilitate communication within the business valuation profession and with relevant stakeholders and users. The Glossary is designed to be helpful, but neither authoritative nor prescriptive. |
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WELCOME NEWEST CBVsWelcome and congratulations to our 69 newest CBVs, admitted on February 24, 2022. |
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TOPICS IN IVS |
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NEW IVS MILESTONE: AICPA GUIDEThe American Institute of Certified Public Accountants (AICPA), the world's largest member association representing the accounting profession, has just announced the publication of a Bridge Guide to the International Valuation Standards (IVS) for AICPA valuation professionals. This framework for preparing IVS-compliant valuations is an important milestone and yet another step towards global recognition and acceptance of IVS. It is similar to CBV Institute’s publication A Bridge from CBV Institute Practice Standards to IVS (2022 ed.) – available here. |
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