Deonne Devonish
Director
Deonne Devonish is a director with Sofer® Advisors, LLC focusing on business advisory services related to litigation assistance, estate and tax planning, as well as valuations for financial reporting purposes.
Deonne has over 10 years of experience providing business valuations across a range of industries including financial services, business and professional services, manufacturing, wholesale and distribution, healthcare, and telecommunications. She assists clients with corporate and strategic planning, M&A advisory, valuations of intangible assets (including, brand/trade names, customer relationships, technology), financial modeling and consulting. Deonne has advised clients located in the U.S., Canada, Europe and the Caribbean.
As an internationally trained valuations professional, Deonne has extensive experience providing valuations for financial reporting purposes under US GAAP, and International Financial Reporting Standards (IFRS). Specifically:
- Impairments: ASC 350-20, 360; IAS 36
- Purchase price allocations: ASC 805; IFRS 3
- Fair value: ASC 820; IFRS 13
- Valuation of privately held businesses for corporate and tax planning purposes.
- Valuation of various business interests for mergers, acquisitions, dispositions and corporate restructurings.
- Valuation engagements in accordance with IFRS 3 – Business Combinations, relating to the recognition and measurement of identified intangible assets such as trade names, customer relationships, technology, non-compete agreements, etc.
- Valuation engagements in accordance with IAS 36 relating to goodwill and asset impairment testing.
RSM Canada
Manager, Valuation Services, July 2022 to May 2023
Deloitte
Manager, Value Advisory, August 2021 to July 2022
RSM Canada
Manager, Valuation Services, Jan 2019 to August 2021
Ontario Teachers’ Pension Plan
Senior Financial Analyst, Valuations, March 2017 to September 2018
PwC
Senior Associate, Business Advisory Services Jan 2011 to Oct 2013
Senior Associate, Deal Advisory, February 2015 to March 2017
- Bachelor of Commerce and Finance, University of Toronto
- Chartered Business Valuator (CBV), Canadian Institute of Chartered Business Valuators
- Financial Risk Manager (FRM), Global Association of Risk Professionals
- Chartered Financial Analyst (CFA), CFA Institute
- BV303 – Valuation of Intangible Assets and Special Topics, American Society of Appraisers (ASA)
- Member, CFA Institute
- Member, CFA Society Toronto
- Member, Canadian Institute of Chartered Business Valuators
