Chartered Business Valuators (CBV)

Measuring, Creating and Protecting Value

CBVs, also known as Chartered Business Valuators (CBVs), are business valuation professionals regulated by the Canadian Institute of Chartered Business Valuators (CICBV) or the Institute of CBVs. The CICBV was founded in 1971 and today has more than 3,000 professionals across Canada. The CICBV is recognized by several professional bodies and regulatory authorities, such as the Canadian Institute of Chartered Accountants, the Court of Justice and the courts. The CICBV is recognized as the standard for business valuation in Canada.

CBVs have undergone rigorous training, conducted by the CICBV and York University. Notably, in addition to passing the final exam, 1500 hours of training are required in business valuation, corporate finance or litigation. Most of these business experts belong to another professional order such as the Ordre des CPA or the CFA Institute.

ADVANTAGES OF A CBV

Calling the services of a CBV has its share of advantages. First, it will be able to independently determine the fair value of your business. They can help you objectively determine the price you should charge for your business. In addition, their expertise is recognized by several financial and legal authorities. The opinion of a CBV is highly respected. Finally, their rigorous training covers aspects of several combined fields, such as accounting, finance, taxation, corporate law and business strategy.

STRATEGIC AXIS

CBVs detect what is unknown to you. Business valuation offers a different perspective than traditional accounting. While auditing, financial statements and taxes focus on financial compliance, CBVs use this information to add more value by taking the analysis even further. The CBV's training and unique background enables them to target organizational, strategic and operational issues, balance risks and identify value-added items. As a result, this strategist is perfectly positioned to make informed and evaluation-based business decisions. Thanks to their expertise, you will become aware of each of the elements that create value for your company.

CREATIVE AXIS

The main objective of every company is to create value for its stakeholders. CBVs work together with management to achieve this. Their understanding of the different elements of the business model allows them to deliver unique ideas and establish not only performance indicators, but more importantly, value indicators that will accelerate the company's growth and profitability. They will identify intangible assets that do not appear on the balance sheet, but which are value drivers, such as supplier relationships, profitable contractual agreements, trademarks, processes, strategic partnerships and synergies, directors' know-how, and customer reputation. You can place a high degree of trust in the analyses and evaluations submitted by an CBV.

VISIONARY AXIS

Business risk is a concept that CBVs master. The work of the CBV leads to maximizing the return on investment, but also to protecting the value created over time. Through its assessment, the CBV diagnoses operational and organizational strengths and weaknesses, enabling it to set long-term objectives in order to balance risk and maintain value creation. The CBV analyzes market, industry and competitive movements and aligns corporate leadership with them. Following its evaluation, an CBV will be able to build a strategic business plan to optimize your company's activities. A CBV is a trustworthy strategic partner who will advise you in your decision making process.

Areas of practice

CBVs are involved in several areas to help companies understand value drivers and perform better. In particular, we can find these expert consultants in:

• Purchases/acquisitions and sale/divestitures of businesses, when it comes to establishing a price, minimizing tax consequences and establishing the means to pay for the transaction.

• Establishing the value of a company's shares when searching for or dissolving partnerships.

• The valuation of intangible assets and liabilities in tax planning mandates.

• Corporate financing in order to find reliable and strategic sources to support business transactions.

• Commercial litigation, where financial losses or damages must be quantified.

• Structuring, reviewing and advising on financial models and business plans.

• Analysis and strategies for investments in real estate, stock exchange and other types of investments.

• The development and review of valuation policies, procedures and processes for various purposes, including transactional advisory services, dispute resolution, litigation advisory services, regulatory requirements, financial reporting and investment governance.

• Value creation services and the definition, planning and implementation of performance improvement initiatives that will improve cash flow and profits beyond the M&A deal