REVISIONS TO PRACTICE STANDARDS NOS. 110, 120, 130 – INDEPENDENT VALUATION CONCLUSIONS AND VALUATION REPORTS
June 3, 2021
This Exposure Draft concerning 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. The Exposure Draft contains proposed changes which impact Calculation Valuation Reports, as well as other targeted improvements. The Standards may be modified in light of the comments received.
DEADLINE FOR COMMENTS
Comments must be received by September 30, 2021 to be considered. Email comments are preferred, addressed to:
Catalina Miranda, CPA, CA, CBV
Director, Professional Practice
OTHER DOCUMENTS FOR FURTHER REVIEW
Practice Standard No. 110
Practice Standard No. 120
Practice Standard No. 130
Practice Bulletin No. 3
Catalina Miranda, Director of Professional Practice for CBV Institute, summarizes the major changes to standards
which are being proposed.