As a CBV, Crystal Hawryluk is governed by the CBV Institute. The CBV designation is considered to be the premier credential for business valuation professionals in Canada. Crystal focuses on preparing business valuation reports using sound valuation methodology. It is important to Crystal that her clients understand how much the business is worth and why, so she takes the time to discuss her conclusions with clients in an easy to understand manner.
There are many reasons why someone may require a business valuation. Examples include:
Per the practice standards of the CBV Institute, there are three different levels of independent valuation reports:
The level of reports differ in the scope of review and disclosure provided, but also by the level of assurance provided by the conclusion. The Calculation level provides the lowest level of assurance and a Comprehensive report provides the highest level of assurance.
At Merit Valuations, Crystal takes the time to discuss the differences between the report levels at the onset. The level of report that is appropriate for the situation is discussed and agreed upon by Crystal and the client. Factors which are considered include the purpose for which the valuation is needed, the availability of information, and the client's need for assurance.