1. Presentation

    2. Recording

About this course

  • $250.00
  • 3 CPD hours
  • December 18, 2023

Course description

Accounting, finance, governance and tax professionals are frequently presented with issues involving valuation or pricing matters, whether in planning scenarios (e.g., tax, estate, succession, ESOP, shareholder agreements, marriage/co-habitation contracts, transactions/M&A, financing, etc.), dispute (shareholder, matrimonial, corporate/commercial, tax, estate, purchase and sale issues, etc.), financial reporting or other situations. While best practice in many situations will dictate the involvement of a valuation expert, whether for an independent report or other assistance, it is very helpful for the trusted advisor or finance professional to have a sufficient understanding of valuations and be able to speak the same language as the valuator, understand the relevant parameters of the particular situation, and communicate valuation-related issues to the client.

Join Melanie Russell, FCPA, FCA, CBV, CIM, CFE, CFF, ABV, FDRP-Val, Founder and President of Kalex Valuations Inc., for an overview of valuations, situation-specific considerations, as well as practical tips.

Topics covered will include:

1. Valuation definitions, reference points, principles, frameworks and concepts

2. Valuation basics

  • Valuation methods and approaches
  • Selecting the right methods/approaches
  • Extent of understanding and analysis required of business, industry, economy, etc.
  • Sources of relevant information
  • Components of value

    3. Common uses of valuation reports

    4. When a valuation is or should be undertaken, and when formal valuations and the use of valuation specialists/experts are not required

    5. Practice standards for CBVs/valuation professionals and relevance for non-valuation professionals

  • Source and coverage of valuation standards
  • Types of reports
  • How much is enough work and what type of work is required?
  • Applicability for accounting practitioners
  • Key application issues

    6. Critical engagement issues

    7. Importance of reality checks and triangulating methods/approaches and results

    8. Common issues faced by valuators

  • Technical
  • Practical
  • Ethical

    9. Reading a valuation report

    10. Issues faced by accounting professionals who rely on valuation reports

    • Instructor(s)

    Melanie Russell

    Melanie E. Russell, FCPA, FCA, CBV, CIM, CFE, CFF, ABV, FDRP-Val, Founder and President of Kalex Partners Inc. – her current practice focuses on business valuations, litigation support and dispute analysis, financial/forensic investigations, corporate finance and education. She has qualified as an expert witness in the areas of valuation, forensic accounting, income analyses and loss of income calculations in a number of cases in the Ontario Court of Justice, the Ontario Superior Court and the Federal Court of Canada. She has also acted as an accounting expert in arbitration, mediation and other alternative dispute resolution proceedings (e.g., collaborative family practice), and negotiated a number of buy/sell transactions. She has taught at various institutions, authored various articles and professional material, and has had a number of years marking, authoring and co-ordinating professional examinations including the CICBV Membership Qualifying Examination.