Featured Speaker

Ms. Barbara Ruane

Barbara has over 15 years of accounting experience, of which 5+ years have been spent providing technical accounting advice and financial reporting support under US GAAP and IFRS to audit and non-audit clients at KPMG. Barbara began her career at the Governmental Accounting Standards Board as a postgraduate technical assistant, primarily working on Public Private Partnerships in a joint effort with the International Public Sector Accounting Standards Board, which would become the basis for GASB 60, Service Concession Arrangements. The following 2 years were spent at the International Accounting Standards Board, primarily working on IFRS 10, Consolidations. Barbara also has 5 years of experience working in the Global Finance department of an SEC registrant, Fortune 500 company. During this time, she provided accounting policy, technical accounting, and financial reporting services.  
Professional and Industry Experience
While at KPMG Barbara has participated in and led multiple projects related to providing clients technical accounting advice and financial reporting support under US GAAP and IFRS to various types of transactions within the following industries: Municipal Power & Utilities, Healthcare/Life sciences, Retail, Software, and Oil and Gas. Some of this work has included:

Technical inquires and projects in the areas of Revenue Recognition, Consolidations, Share-Based Payments, Leases, and Business Combinations.

Assisting clients with the implementation of ASC 842 Leases

Assisting clients through an IPO, including:

  • Public company readiness and drafting financial statements and note disclosures

  • Preparing pro forma financial statements

  • Researching and preparing responses to SEC comment letters

  • Preparing technical accounting whitepapers and conducting supplementary research related to topics such as temporary equity and earnings per share.

Assisting buy-side clients by completing purchase accounting, drafting pro forma financial statements, and technical whitepapers.

Aiding governmental entities in considerations related to the following accounting standards:

  • GASB 94, Public-Private and Public-Public Partnerships

  • GASB 96, Subscription-Based Information Technology Arrangements

  • GASB 87, Leases

While working in industry, Barbara assisted with the implementations of ASC 606, ASC 842 and led the implementation of ASC 326. She advised operations teams about the impact of such accounting changes as well as provided recognition and classification-related advice for various income and expense items. She also led a transformation effort to streamline revenue processes and procedures globally and was appointed Global Director of Revenue Recognition.