Valuation Issues and Impairment Testing: What I Have Learned as a CFO – The Practical Implications
Impairment testing for financial reporting purposes can be triggered under numerous situations, COVID-19 being only one of those. Both ASPE and IFRS have had standards covering impairment testing of goodwill, other intangible assets and tangible assets for many years. This webinar will review those standards and valuation issues in a practical setting; in particular, Kelly will discuss the challenges and practical implications, from a CFO’s point of view, of meeting the professional standards, dealing with auditors and valuators, dealing with regulatory requirements for public companies, planning opportunities, and other issues. Melanie will moderate the session from a valuator’s perspective.
24 Jun 2020, 11:00 AM
1.5 CPD hours
Within 24 hours of the webinar, we will forward you an e-mail with instructions for accessing the live webinar.
We look forward to seeing you at our upcoming events. Should you have any ideas for topics, speakers, sponsorship or anything else, feel free to contact Melanie Russell, CPA, CA, CBV, CIM, CFE, CFF, ABV at 416-488-9590 x 225.
Please note: For best audio quality, we recommend using external speakers or headphones.
About the Instructor(s)
Kelly Ehler is a Chartered Accountant, former auditor with Price Waterhouse Coopers, former banker with Bank of Montreal, and current Chief Financial Officer at NexgenRx Inc a technology companies focused on claims adjudication and Slang Worldwide Inc., a leading cannabis company focused on acquiring and developing market-proven brands and creating new brands to meet the needs of cannabis consumers worldwide.
Kelly has sat on various public company corporate boards and board committees. He has led many companies, from startups to billion dollar public companies, as CFO in a variety of industries and countries. His experience covers debt financing, due diligence, acquisitions and dispositions, audits, tax planning, estate planning, consolidations, multi jurisdiction entities and multijurisdictional public companies. Kelly’s public company experience covered many capacities and positions including CEO, COO, VP and CFO.
Melanie E. Russell, CPA, CA, CBV, CFE, CIM, CFF, ABV – 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.