Announcing the ITFA Conference Speaker – Mr Iain Kirkpatrick

The ITFA Board is delighted to announce that Mr. Iain Kirkpatrick – Senior Manager, PricewaterhouseCoopers LLP, will be a speaker at this year’s ITFA Annual Conference in Edinburgh, Scotland.

At the Conference, Mr. Kirkpatrick will be presenting the session titled ”Regulation in Trade Finance”. IFRS 9 – The end is in sight, or is it really just the beginning? It’s been over 10 years since the start of the financial crisis and finally one of the changes proposed in the aftermath on how to improve the accounting for financial instruments is just over the horizon. Will 2018 be remembered for the World Cup in Russia, the Winter Olympics in South Korea, or the implementation date of IFRS 9? Much of the wider market focus has been on changes to impairment provisioning but there are a number of other substantive changes with respect to how financial instruments are classified and measured. This session will recap the key changes to the accounting requirements and highlight some of the challenges and decisions faced in its implementation, with a focus on some of the issues relevant in the trade finance market.

Iain Kirkpatrick is a Senior Manager in PwC’s Accounting Consulting Services team, specialising in financial instruments and financial services providing IFRS advice to the firm’s engagement teams and clients on all aspects of their accounting for financial instruments. He also supports clients on corporate treasury related issues including hedge accounting, debt restructurings and financing arrangements. Prior to this, he was in the Financial Services audit practice where he was the lead senior manager on a large UK financial institution, and supported a number of other audit teams with regards to hedge accounting and derivative valuations.

Iain is a Chartered Accountant with the Institute of Chartered Accountants in Scotland, and an Associate member of the Association of Corporate Treasurers.

We look forward to welcoming Mr. Iain Kirkpatrick in Edinburgh, and we look forward to seeing you all very soon.