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Clayton Shultz


Clayton G. Shultz, FCA, FCBV, FCIArb
Click to download a PDF of Clayton's Resume


SUMMARY:
Clayton is the President of a Vancouver-based firm providing arbitration, business valuation, and securities regulation services. He testifies frequently in the Supreme Court of British Columbia as well as at arbitration hearings. In his role as an arbitrator, he has made awards relating to statutory commodity pricing issues and numerous shareholder disputes. He has been appointed as a Special Referee by the Supreme Court on several matters.

He holds Fellowships in the Institutes of Chartered Accountants of British Columbia ("ICABC") and Ontario , the Canadian Institute of Chartered Business Valuators, and the UK-based Chartered Institute of Arbitrators.

He has lectured and published widely. Among his publications are the following: "Expert Evidence in the Supreme Court of British Columbia" ( BeyondNumbers , the Journal of the ICABC, November/December 2009); "Accountants in Court" ( CA Magazine , July 1980 [co-authored with D.W. Roberts, QC]); "Expert Evidence in the Supreme Court of British Columbia" ( The Advocate , the Journal of the Law Society of B.C., March 1988 [co-authored with Allen McDonnel, QC]).

Clayton is a past President of the ICABC and a former member of the Executive Committee of the Canadian Institute of Chartered Accountants.

PROFESSIONAL and EDUCATIONAL:
2009 Completed the peer review and examination prerequisites for fellowship in the Chartered Institute of Arbitrators, London , UK.
2000 Panel Member IDA Securities Dispute Resolution Programme
1997 Panel Member, for Domestic Commercial Arbitrations, The British Columbia International Commercial Arbitration Centre (BCICAC)
1995

Northwestern University, Chicago , IL
The Kellogg Graduate School of Management
One-Month Intensive Advanced Executive Program;
refresher in Switzerland , 1997

1988 Institute of Chartered Accountants of Alberta (by affiliation)
1986 Institute of Chartered Accountants of Alberta (by affiliation)
1984 Qualified by examination as a Senior Member of the American Society of Appraisers, (Recertified to 2012)
1980 Canadian Institute of Chartered Business Valuators - elected to Fellowship in 1994 (FCBV)
1980 Institute of Chartered Accountants of Ontario - elected to Fellowship in 1994 (FCA)
1971 Institute of Chartered Accountants of British Columbia - elected to Fellowship in 1989 (FCA)
 
OCCUPATIONAL:
1995 - present President, Clayton Shultz & Associates, Inc., an owner-managed consulting firm delivering services in arbitration and business valuation, and consulting on litigious and governance issues.
1990 - 1995 Vancouver Stock Exchange, Vancouver BC
Executive Vice - President responsible for
Corporate Finance, Trading, and Compliance
1982 - 1990

Coopers & Lybrand, Chartered Accountants
(now PriceWaterhouseCoopers LLP)
Vancouver BC
Regional Valuations Partner

1980 - 1982 Sole practitioner in Vancouver BC, restricting practice to valuing business interests and consulting on litigious matters
1971 - 1980 Jarrett, Goold & Elliott, Chartered Accountants
(merged with Price Waterhouse c. 1980)
Vancouver BC Partner from 1974 to 1980
1967 - 1971 Woollard, Martin & Co., Chartered Accountants
Nanaimo, BC
Registered Student
1960 - 1967 Canada Trust Company, latterly Manager, Nanaimo, BC
1958 - 1960 Dun & Bradstreet, latterly Manager, Victoria, BC

PUBLICATIONS:
Author of legal/accounting textbooks and articles:
  • “Expert Evidence in the Supreme Court of British Columbia: the New and the Old”. Beyond Numbers, the Journal of the Institute of Chartered Accountants of British Columbia, November, 2009
  • “Issues Concerning the Specialist Arbitrator,” Canadian Arbitration and Mediation Journal, Winter 2004
  • "Matrimonial Settlements: The Tax and Accounting Implications" (1980) Butterworths (Western Canada) Ltd. (160 pages)
  • "Matrimonial Settlements: The Tax and Accounting Implications Supplement" (1982) Butterworths ( Western Canada ) Ltd. (59 pages)
  • Marriage Separation - Through the Tax Jungle,” The Advocate , February-March 1980
  • "Accountants In Court,” CA Magazine , July 1980 (co-authored with Mr. Darrel W. Roberts, Barrister and Solicitor)
  • "What's a Professional Practice Really Worth?" CA Magazine, June 1983

     
    • “An Overview of the Income Tax Implications of Matrimonial Dissolution,” a chapter in Family Law: Dimensions of Justice, published by Butterworths in 1983

    • “..But Is My Practice Really Worth Anything?” The Advocate, 1983

  • “Income Tax Law and Policy Applicable to Periodic Maintenance and Division of Matrimonial Assets,” a chapter in Family Law Quarterly, March 1987
  • “Expert Evidence in the Supreme Court of British Columbia,” The Advocate, March 1988 (co-authored with Mr. Allan McDonnel, Barrister & Solicitor)
  • “Contingency Fees: Music to Some Ears, Sour Notes to Others,” CA Magazine, May 1988
  • “Ethics: Playing Fair,” CA Magazine, August 1989
  • “Valuations and the Vancouver Stock Exchange,” a presentation to The American Society of Appraisers (June 29, 1993), published in The Business Valuator, September 1993
PAPERS and LECTURES:
 

Various papers and lectures on business valuation, ethics, tax, and other matters have been given to organizations across Canada and abroad, including the following:

  • ADR Institute of Canada
  • DR Institute of Canada
  • Alberta Bar Association
  • American Society of Appraisers
  • Association of Marketing Professionals
  • British Columbia Arbitration & Mediation Institute
  • British Columbia Executive Directors & Registrars Association
  • Canadian Bar Association
  • Canadian Institute
  • Canadian Institute of Chartered Accountants
  • Canadian Institute of Chartered Accountants
    - Small Practice Forum
  • Canadian Institute of Chartered Business Valuators
  • Canadian Institute of Mining , Metallurgy, and Petroleum
  • Canadian Tax Foundation
  • Continuing Legal Education of British Columbia
  • Enterprise Forum
  • Estate Planning Council of Vancouver
  • Family Law Subsection of the Alberta Bar
  • Institute of Chartered Accountants of British Columbia
  • International Gold Symposium in Venezuela
  • Law Society of British Columbia
  • United Way of America - Western Section
  • Vancouver Security Traders Association
  • Vancouver Society of Financial Analysts
  • Western Canada Arbitrators' Roundtable.
VOLUNTEER EXPERIENCE:
  The British Columbia International Commercial Arbitration Centre
  • Member, Board of Trustees, 2004-2008
  College of Dental Surgeons of British Columbia
  • Director, 2002-July 2008
  The British Columbia Arbitration and Mediation Institute
  • President, 2003-2004
  • Director and Treasurer, 2001-2003; 2004
  • Lecturer, Part II of the C. Arb. Qualification Program
 

The Institute of Chartered Accountants of British Columbia

  • President, Institute of Chartered Accountants of British Columbia, 1988-1989
  • Member, Professional Conduct Committee, 1979-1980;
  • Vice-Chairman, 1982-1983
  • Member, By-Laws and Interpretations Committee, 1978-1982;

  • Chairman, 1982-1983
  • Chairman, Practice Review and Licensing Committee, 1985-1986
  • Member of Council, 1982-1989
  • Member, F.C.A. Nominating Committee, 1993-1995
  • Member, Standards Appeal Board, 1992-present
  The Canadian Institute of Chartered Accountants
  • Member, Grace Task Force on Specialization 1981
  • Member, Board of Governors, 1987-1988
  • Member, Executive Committee, 1988-1989
  • Editor, Ethics Department , CA Magazine , 1989
  • Member, Committee to Implement Membership Division
    and Specialization, 1989
  • Chairman (pro-tem), Inter-provincial Public Relations
  • Policy Committee, 1989
  • Member, CICA Going Concern Task Force, 1994

     United Way
  • President, United Way of the Lower Mainland 1982 - 1984
    Director, United Way of Canada 1978 - 1984
  • Granted President's Award of Distinction - 1991
     Vancouver Opera Association
  • 1995 -1997 Director
     Canadian Army
  • Commissioned as a Second Lieutenant in the Royal Canadian Army Service Corps (Militia) in 1960.
# 307 - 1656 Martin Drive, Surrey, B.C., V4A 6E7, Canada
Tel: ( 604 ) 538-1838     Fax: ( 866 ) 432-3769
Toll Free in North America: 1-877-285-3143  Email: info@claytonshultz.com