6.01: Code of Ethics of the CICBV
Through its Code of Ethics, the Canadian Institute of Chartered Business Valuators (CICBV) requires the highest standards of professionalism and ethics... View Article
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6.02: Practice standards of the CICBV
As a condition of their membership of the Canadian Institute of Chartered Business Valuators (CICBV), CBVs undertake to comply with... View Article
Read Article6.03: Practice inspections by the CICBV
In 2017 the Canadian Institute of Chartered Business Valuators (CICBV) introduced a mandatory Practice Inspection Program in terms of which any work... View Article
Read Article6.04: Credibility in valuators’ reports
Credibility in valuators’ reports reflects (a) the credibility of the CBV and (b) the credibility of certain decisions made by... View Article
Read Article6.05: Engagement letters for valuators’ reports
A CBV’s engagement letter, much like those of other professionals, sets out the commitments and expectations of the CBV before... View Article
Read Article6.06: Independence of a CBV
Healthy skepticism is a useful attitude to take when considering if there is any bias in a written report and... View Article
Read Article6.07: Objectivity of a CBV
It is easy to miss the difference between independence and objectivity which, superficially, appear to be the same concept. Independence... View Article
Read Article6.08: The CBV as a “Qualified Expert” in Court
Any professional providing evidence in court is required to be qualified (i.e. accepted) by the court as an expert in... View Article
Read Article6.09: The CBV’s relationship with other professionals
Two key attributes of CBVs is their independence and objectivity. This inevitably means that most interactions with clients involve one... View Article
Read Article6.10: The business valuator as a professional – relevance of membership of the CICBV
To fully appreciate a business valuator’s report, users of such reports need to understand the background of the preparer of... View Article
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