What is a Chartered Business Valuator (CBV)?
The designation of Chartered Business Valuator (CBV) is the official designation given to business valuators in Canada qualified by the Canadian Institute of Chartered Business Valuators (CICBV). A CBV’s mandate is to give clients certainty and to use different tools to calculate the fair market value of a business for acquisitions or sale, for transfers, for litigation or for tax reorganization.
Recognized expertise
CBVs are finance professionals trained by the Canadian Institute of Chartered Business Valuators (CICBV), the lead organization in the field of business valuation in Canada. The court recognize CBSs as the experts in the field of business valuation in Canada.
CICBV Standards of Practice are considered industry standards by many Canadian regulatory agencies.
Rigorous training
To become a CBV, a candidate must; successfully pass the comprehensive Program offered by York University and the Canadian Institute of Business Valuators (CICBV), accumulate 1,500 hours of work in the field and pass the final CICBV exam.
Most CBVs are also members of the Canadian Institute of Chartered Accountants (CICA).
The advantages of hiring a CBV
Standards and Ethics
CBV’s adhere to a standard of professional practice and a code of ethics established by the Canadian Institute of Chartered Business Valuators.
The Code of Ethics of the CICBV ensures and safeguards the quality of services provided by its members and their professional conduct.
All members must comply with the Practice Standards of the profession established by the CICBV. Failure to comply with the Practice Standards can lead to the Institute taking appropriate action by its Board of Directors.
From time to time, the Institute issues Practice Bulletins to provide guidance to its Members on the application of the Institute’s Standards and Code of Ethics. For more information about the CICBV, please visit https://cicbv.ca.
Why choose Jean-Claude Desnoyers?
Jean-Claude Desnoyers is a Fellow of the Order of Chartered Professional Accountants (FCPA, FCA) and a Chartered Business Valuator (CBV). He is a Member of the Canadian Institute of Chartered Business Valuators (CICBV), the Ordre des comptables professionnels agréés du Québec (CPA), the Chartered Professional Accountants of Ontario (CPA) and the Institut de médiation et d’arbitrage du Québec (IMAQ). Since 1999, he has appraised over 1,000 SMEs. Perfectly bilingual, he serves clients in the language of their choice.
