David Richards Email & Phone Number

Sydney, Australia

Director in KPMG's Audit, Assurance and Risk Consulting practice. Responsible for financial statement audit engagements. Working with companies implementing the new financial reporting standards for revenue (IFRS 15), leases (IFRS 16) and financial instruments (IFRS 9).

Sydney, Australia

Leading the financial statement audit, other assurance engagements and co-ordination of multi-disciplinary client service teams for an ASX50 listed airline and an ASX300 retailer and wholesaler. Responsible for the development and implementation of revenue growth initiatives within the Audit practice.Member of KPMG's global aviation practice including the development of thought leadership material, participation in International Air Transport Association (IATA) Accounting Working Group (AWG) meetings and assisting our global network of airline audit teams with accounting advice.Leading our engagement with our client base as they assess the impact of upcoming changes to financial reporting standards for revenue (IFRS 15), leases (IFRS 16) and financial instruments (IFRS 9). Worked closely with a large corporate treasury function through the early adoption of IFRS 9 Financial Instruments, including hedge accounting. Performing a key leadership role as Department Senior Manager for a group of around 100 people.

Sydney, Australia

Audit manager on a portfolio of clients including an ASX50 listed airline and the Australian & NZ operations of a global freight forwarder. Responsible for project management including the pricing, staffing and recognition of profit for an annual engagement requiring over 10,000 hours from 30+ KPMG professionals.Two years leading the Sydney initiatives of KPMG's global audit methodology coaching, which has included up-skilling audit professionals of all levels and improving the project planning process to achieve engagement cost savings of up to 20%.Delivery of deal due diligence and other advisory engagements including analysis of the financial impact of significant events.Completion of Lean fundamentals training and application to the audit process internally to improve audit efficiency and externally to deliver value to clients by using KPMG's Lean in Audit workshop approach to understanding financial processes (2013 International Audit Innovation of the Year).Member of the deployment team responsible for the customisation, trial and roll-out of a web based portal to increase the efficiency and security of the information flow from our clients to our audit teams.

Sydney, Australia

Audit "in-charge" on a range of clients in the airline, travel, technology consulting and freight industries.Responsibilities included drawing audit conclusions on technical accounting matters, taking responsibility for audit fieldwork including setting of budgets and pricing, scheduling audits, selecting staff and assigning workloads, developing the audit strategy and co-ordinating with clients.

Nottingham, United Kingdom

Four years experience performing technical audit work in relation to the civil aerospace division of a FTSE 100 Group including the measurement of revenue and profit recognised on long-term engine and aftermarket contracts.Performing and leading audit field work on a diverse range of clients including high-tech manufacturing, a regional airline, a Falkland Islands based conglomerate, subsidiaries of global companies and a number of owner-managed SMEs.Audit work included testing the design and operating effectiveness of controls in the financial reporting process, including IT system controls, technical accounting treatment under IFRS and UK GAAP and preparation of financial statements.