Grant Thornton financial reporting specialist appointed to EFRAG Financial Instruments Working Group
Alan Chapman, Head of Financial Instruments Reporting at leading business and financial adviser Grant Thornton UK LLP, has been appointed to the European Financial Reporting Advisory Group (EFRAG) Financial Instruments Working Group (FIWG).
The EFRAG FIWG provides support to the EFRAG Technical Expert Group on financial instrument reporting issues. Members of the Group have considerable expertise in financial instruments reporting matters and more generally in IFRS issues and practice.
Alan is a financial reporting specialist on both UK GAAP and IFRS. He has significant experience in financial instruments accounting, dealing with a large number of complex issues such as financial liability versus equity classification, accounting implications of complex financing structures, debt restructuring and hedge accounting.
Commenting on his appointment, Alan Chapman said "It is a privilege to be appointed to the EFRAG Financial Instruments Working Group. Financial instruments reporting can be a diverse and high risk area and the specialist knowledge provided by the Group on this, and on other IFRS issues and practises, is vital. I look forward to working with them and sharing my expertise in this complex, high profile space.”