Shân Kennedy is an independent consultant who advises on IFRS and valuation issues. Her background includes more than 20 years with Ernst & Young and Deloitte. She has also spent four years working at the UK Accounting Standards Board developing UK GAAP guidance on accounting for goodwill and intangible assets; this included developing the impairment test. Kennedy has presented at many IFRS conferences in London and Europe. She has recently acted as technical consultant to the International Valuation Standards Council to develop its guidance on the valuation of intangible assets, both generally and for IFRS purposes.