DEFINITION of Chartered Business Valuator - CBV
BREAKING DOWN Chartered Business Valuator - CBV
Chartered Business Valuators are valuation specialists trained to value both private and public firms, by quantifying its profitability, its tangible and intangible assets and its future cash flows. Valuation as a specialized finance profession has grown since the introduction of fair value accounting standards for valuing securities, such as FASB Accounting Standards Code topic 820, Fair Value Measurements.
To become a Chartered Business Valuator in Canada, candidates must study business and securities valuation as well as law and tax, along with two elective courses, as well as accumulate 1,500 hours of business and securities valuation work experience as well as receive a passing grade on the membership entrance exam. For more information, read our guide, An Introduction to the Chartered Business Valuator Designation.