Committees of the Board

In addition to being governed by the Board of Directors, certain functions of The Canadian Institute of Chartered Business Valuators are guided by Committees, as instituted by the Board.

2016-2017 Standing Committees:

Accreditation

Mandate:

  1. Advise the Board of Directors on policy matters related to accreditation (including areas of appropriate technical and professional competencies). 
  2. Maintain appropriate membership qualification requirements in the areas of experience and the Membership Qualification Examination (MQE).
  3. Liaise with exam authors.
  4. Review, assist in the development of and approve the MQE.
  5. Review and approve the MQE.
  6. Review and approve the final results of the MQE.
  7. Recommend the Board of Directors admission of new Members.

Members:

Committee membership is not made public.

Composition:

  • A minimum of three Directors, including the Chair of the Education Committee
  • A minimum of three Members who are not Directors
  • Institute: Director, Education

Term: 

The calendar year, to follow a complete MQE cycle.

Audit

Mandate:

  1. Review the annual financial statements of the Institute and make recommendation to the Board of Directors regarding their approval.
  2. Meet with auditor to review audit and audit findings.
  3. Provide an annual review as to the performance and the terms of engagement of the Institute’s external auditor and make recommendation to the Board of Directors: 
    1. that the current auditor be re-appointed or that the Institute consider a change of auditors and seek submissions from other auditors, as appropriate, and
    2. regarding financial reporting, internal controls or other financial matters that the Audit Committee considers appropriate.

Members:

  • Scott Lawritsen, Chair
  • Brad Hall
  • Derek Sanders
  • Dwayne Pyper
  • Mary Jane Andrews

Composition:

  • A minimum of three Directors, including the Treasurer
  • A minimum of one Member who is not a Director
  • Institute: President and CEO

Term: 

June to May


Awards

Mandate:

  1. Advise the Board of Directors on policy matters related to Awards.
  2. Evaluate award nominations in light of the criteria established for each award.
  3. Make recommendation to the Board of Directors concerning each award recipient.

Members:

Committee membership is not made public.

Composition:

  • A minimum of three Members who are not Directors 
  • Institute: Manager, Business Systems and Compliance

Term: 

June to May

Conduct & Discipline

Mandate:

  1. Conduct the disciplinary process defined by the By-laws.
  2. Report to the Board of Directors on activities at each Board meeting. The report will not include names or details of a complaint.

Members:

Committee membership is not made public.

Composition:

  • Chair, who may be a Director, but is not required to be
  • Four Members who are not Directors
  • Institute: Executive Vice President and COO

Term: 

June to May

Continuing Professional Development

Mandate:

  1. Advise the Board of Directors on policy matters related to continuing professional development.
  2. Oversight of development and delivery of continuing professional development content through seminars, webinars and conferences.
  3. Oversight of compliance by Members.
  4. Monitor and support local Workshops.

Members:

  • Dwayne Pyper, Chair
  • Bart Dziarski
  • Scott Lawritsen
    Prem Lobo
  • Tom McElroy
  • Lara Pereira
  • Charlene Rodenhiser
  • Judith Snider
  • Christine Sawchuk (Policy)
  • Judith Roth (Compliance)
  • Deborah Hanlon (Events)

Composition:

  • A minimum of three Directors
  • A minimum of three Members who are not Directors
  • Institute: 
    • Director, Education
    • Manager, Business Systems and Compliance
    • Manager, Administration and Events

Term: 

June to May

Education

Mandate:

  1. Advise the Board of Directors on policy matters related to education and the CICBV’s Program of Studies.
  2. Provide input on the core competencies covered by the Program of Studies.
  3. Oversight of the administration and delivery of the Program of Studies.

Members:

  • Paula Frederick, Chair
  • Bill Armitage
  • Olivia Aylon
  • Anne David
  • Michael Devonshire
  • Karim Jamal
  • Keith Jensen
  • Steven Kertzman
  • Daniel Hinse
  • Camilo Lento
  • Julie Martel
  • Dwayne Pyper
  • Cynthia Runolfson
  • Christine Sawchuk
  • Bob Boulton
  • Isabel Natale

Composition:

  • A minimum of three Directors
  • A minimum of three Members who are not Directors
  • Institute:
    • Director, Education
    • Registrar & Manager, Education

Term: 

June to May

Executive

Mandate:

  1. Provide counsel to President and CEO.
  2. Consider complex issues and make recommendation to Board of Directors.
  3. Consider urgent issues.

Members:

  • Richard Ginsberg, Chair
  • Sue Loomer
  • Paul Gill
  • Pierre Maille
  • Mary Jane Andrews

Composition:

  • Chair
  • Vice-Chair
  • Past Chair
  • Secretary/Treasurer
  • Institute: President and CEO

Term: 

June to May

FCBV/LIFE Membership Selection

Mandate:

  1. Evaluate nominations in light of the criteria established.
  2. Make recommendation for award of FCBV or Life Membership honourary designations.

Members:

Committee membership is not made public.

Composition:

  • Committee Chair appointed by the Executive Committee from a list of potential committee members (who are all FCBVs), identified by the Executive Committee.
  • Committee Chair appoints four additional committee members from a list of potential committee members approved by the Executive Committee. All committee members must be FCBVs. The committee members will not be known to the Executive nor the Board of Directors.
  • Institute:
    • President and CEO
    • One other staff member appointed by the President and CEO to act as secretary

Term: 

June to May

Liaison

Mandate:

  1. Foster and promote alliances with related professional organizations and regulators to enhance the objectives of the Institute and its Members.
  2. Recommend the appointment of delegates to other organizations.

Members:

  • Bill Armitage, Chair
  • Pierre Maille
  • Doug McPhee
  • Paul Gill
  • Sue Loomer
  • Mary Jane Andrews
  • Bob Boulton

Composition:

  • Director as Chair
  • Past Chair of the Board
  • A minimum of two Members, who may be Directors
  • Institute:
    • President and CEO
    • Executive Vice President and COO

Term: 

June to May

Marketing and Communications

Mandate:

  1. Advise the Board of Directors on policy matters related to marketing and communications.
  2. Oversight of marketing and communications activities in support of the promotion of the profession.
  3. Oversight on communications activities with Members and Registered Students.
  4. Chair of the committee serves as Editor of The Business Valuator.

Members:

  • Catherine Tremblay, Chair
  • Yoram Beck
  • Dean Das
  • Dennis Leung
  • Alex Lourie
  • Derek Sanders
  • Judith Snider
  • Bob Boulton

Composition:

  • A minimum of three Directors
  • A minimum of three Members who are not Directors
  • Institute
    • Manager, Marketing and Communications
    • Executive Vice President and COO

Term: 

June to May

Nominating

Mandate:

  1. Collect and solicit nomination of suitable candidates for election to the Board of Directors (other than Regional Directors).
  2. Nominate Officers of the Institute.

Members:

  • Pierre Maille, Chair
  • Rob Doran
  • Paul Gill
  • Richard Ginsberg
  • Sue Loomer
  • Mary Jane Andrews
  • Bob Boulton

Composition:

  • Not less than 5 persons, including:
    • Immediate Past Chair as Chair
    • Chair
    • Vice-Chair
    • Immediate Previous Past Chair
    • President and CEO
    • Institute: Executive Vice President and COO

Term: 

June to May


Professional Practice and Standards

Mandate:

  1. Review, monitor and propose amendments to: 
    1. Code of Ethics,
    2. Practice Standards,
    3. Practice Guidelines.
  2. Monitor emerging issues and identify professional practice matters that require research or policy direction.
  3. Monitor practice standards of other Valuation Professional Organizations and standard setters.
  4. Monitor and recommend sponsorship of International Valuation Standards Council.

Members:

  • Paul Gill, Chair
  • Bill Armitage
  • Spencer Cotton
  • Trevor Hood
  • Scott Lawritsen
  • Thomas Lee
  • Dominic Pharand
  • Catherine Tremblay
  • Bob Boulton
  • Christine Sawchuk

Composition:

  • A minimum of three Directors
  • A minimum of two Members who are not Directors
  • Institute:
    • Executive Vice President and COO
    • Director, Education

Term: 

June to May

Publications and Research

Mandate:

  1. Publications 
    1. Solicit papers for the Journal of Business Valuation. 
    2. Review submissions for suitability of content for publishing in the following publications:
      • Journal of Business Valuation, 
      • Valuation Law Review,
      • Casebook.
    3. Publication in other CICBV publications. 
    4. Chair of the committee serves as editor for CICBV publications (other than The Business Valuator).
  2. Research
    1. Monitor emerging topics and sources of research affecting the business valuation profession.
    2. Maintain a network of academic contacts for the purpose of the development of potential research papers, or for general advice or contracts.
    3. Approve the Ian Campbell Research Award. 

Members:

  • Derek Sanders, Chair
  • Julie Martel
  • Alex Lourie
  • Craig Maloney
  • Peter Klein
  • David Vert
  • Ephraim Stulberg
  • Hussein Poonjani
  • Patricia Harris
  • Tara Singh
  • Kavita Srivastava
  • Jason Jack
  • Christine Sawchuk (Research)

Composition:

  • A minimum of three Directors
  • A minimum of three Members who are not Directors
  • Institute
    • Manager, Marketing and Communications (Publications)
    • Director, Education (Research)

Term: 

June to May

Strategic Planning

Mandate:

  1. To conduct the yearly Strategic Planning Session.
  2. To develop and update the Strategic Plan.

Members:

  • Paul Gill, Chair
  • Mary Jane Andrews

Composition:

  • The Secretary/Treasurer
  • Institute: President and CEO

Term: 

June to May

Task Forces

Task forces are established at the discretion of a committee or the Board of Directors, when specialized knowledge and experience is required, or when the scope of work is beyond the capacity of the committee. 

Workshops

Atlantic

  • Jonathan Gallant
  • Craig Maloney
  • Lloyd Compton
  • Leslie Hawco

BC

  • Jared Behr
  • Sarah Lloyd
  • Jennifer Cartwright
  • Sean Duke

Montreal

  • Catherine Tremblay
  • Alana Geller
  • Marika Viens
  • Lara Pereira
  • Marie-Josée Fournier

Quebec

  • Sebastian Roy

Toronto

  • Steven Hacker
  • Helen Norris
  • Martin Pont
  • Trevor Hood
  • Dennis Leung