Shan Kennedy is a chartered accountant and acknowledged expert, who advises independently on International Financial Reporting Standards (IFRS) and valuation matters.

Shan's previous experience includes more than twenty years in the Big 4 accounting practices.  She also spent four years working at the UK Accounting Standards Board, at the time when Sir David Tweedie was chairman.  There, she researched and developed the proposals underlying UK GAAP's FRS 10 "Goodwill and Intangible Assets" and FRS 11 "Impairment of Fixed Assets and Goodwill".

Her valuation experience stems from more 7 years working as a valuation specialist within the Big 4, including holding the position of director responsible for the valuation specialism.

Shan has worked on the IFRS transition teams of ABN Amro and Lloyds TSB.  She has also presented at many IFRS conferences in London, Europe, the Middle East and India.  In the UK, she has presented at IFRS courses for lawyers, through the College of Law, as well as for accountants.

She has recently completed an engagement for the UK regulator, the Financial Reporting Council (FRC), to review compliance with IFRS 3, Business Combinations, with respect to the recognition and valuation of intangible assets, following an acquisition.  The results of this work were published by the FRC in its study entitled "Accounting for Acquisitions" in January 2010.

Shan is a former council member of the Society of Share & Business Valuers (SSBV).  She has acted as a technical consultant to the International Valuation Standards Committee (IVSC) and wrote the IVSC's recent Discussion Paper and Exposure Drafts on the valuation of intangibles assets.  Shan is a contributing author to Practical Share Valuation, 5th Edition, published by Tottel, for which she wrote the sections addressing valuations for IFRS purposes.  Shan has written articles on IFRS 2 and IFRS 3, included in in Q Finance, The Ultimate Source, published by Bloomsbury in 2009, and available from its website www.qfinance.com.

Shan has undertaken many valuation exercises in accordance with IFRS requirements.

Shan holds a masters degree in mathematics from Cambridge University.  In her spare time Shan is a keen golfer and skier.

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