Some Tips on How to Select a Business Valuator


  • Member of Canadian Institute of Chartered Business Valuators, ( founded in 1971. CBV's are recognized as experts in business valuations by the courts, the Canadian Institute of Chartered Accountants, and the Canada Revenue Agency.

Please click to see the CICBV’s code of ethics and professional standards for its members.

  • A professional accountant where appropriate. Many CBV's are also CA's, CGA's, and CMA's, lending an additional level of expertise to particular valuation situations.
  • Depth of experience, which may include experience in your industry, or in a reasonably similar industry.
  • A valuator should recommend an alternative firm to provide services if your file is beyond their scope of expertise or if they cannot gain/or access the expertise in a cost effective manner.


  • Does your company require special expertise? Certain industries, such as oil and gas, mining, etc. are often most effectively dealt with by valuators with specific expertise in these industries.
  • Does the valuator have the ability and willingness to call in a specialist to assist in the engagement where needed, such as scientists, engineers, or other technical assistance?


  • Your specific needs will determine the appropriate valuation firm.
  • Get input from other business owners or executives that you know that have gone through the process. Speak to other business advisors involved in your file (accountants, lawyers, bankers, etc.) for their views and recommendations.
  • The purpose of the report guides the level of report required, which guides the amount of work required and therefore the cost to complete.

About Chartered Business Valuators

  • Rigorous professional and ethical
    standards combined with broad
    market based experience and
  • Currently about 1,000 CBV’s across
    Canada, plus 700 students
  • Educational requirement (6 graduate
    level courses, and one final
    qualifying exam)
  • Training requirement—must article
    under another CBV for a proscribed
    period of time and meet experience
  • CBV is the recognized business
    valuation specialty by the Canadian
    Institute of Chartered Accountants
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