Biographical notes for Patricia O'Malley

Contributing Editor, Corporate Finance (CF) 1994–

Chair, Beyond the Headlines: Financial Reporting Conference, Toronto, November 24, 1998

Speaker, "Earnings Surprises: Expecting the Unexpected", Beyond the Headlines: Financial Reporting Conference, Toronto, November 24, 1998

Speaker, "Making Financial Instruments Disclosure Meaningful" Public Disclosure Session, Financial Executives Summit, Toronto, November 20-21, 1996

"Financial Instruments Accounting Proposals Re-Exposed" (1994) 2 CF 150

"Disclosures About Financial Instruments – A Call to Action" (1994) 3 CF 178

"EIC Abstract on Exchangeable Debentures" (1995) 3 CF 201

"Developing Standards for Presentation and Disclosure of Financial Instruments" (1995) 3 CF 222

"Canadian Presentation and Disclosure Standards for Financial Instruments Finalized" (1996) 4 CF 257

"Financial Statement Presentation of Debt and Equity Instruments" (1996) 4 CF 288

"New Hedge Accounting Standards Proposed" (1996) 4 CF 314

"Financial Statement Offsetting of Financial Instruments" (1996) 4 CF 339

"Proposed Changes to Accounting for Income Taxes" (1997) 5 CF 386

"International Developments in Accounting for Financial Instruments" (1998) 6 CF 487

"A Brave New World: Accounting for Derivatives" (1998) 6 CF 517

"International Accounting Initiatives for Leasing Transactions: What the Future Holds" (1998) 6 CF 546

"Settlement or Refinancing of Debt? New Accounting Guidance" (1999) 7 CF 602

"Accounting for Joint Ventures" (1999) 7 CF 651

Born 3 November 1949

Educated University of Manitoba B.Comm. (Hons.) 1971; Chartered Accountant (Ontario) 1976 (Ontario Gold Medal and Canadian Bronze Medal 1975)

Partner, National Department of Professional Practice, KPMG 1983–

Member, Independent Advisory Committee on Accounting and Auditing Matters, Auditor General of Canada 1993–

Chair, Ontario Securities Commission Financial Disclosure Advisory Board 1992–

Member, Canadian Institute of Chartered Accountants Emerging Issues Committee 1988–; CICA Inter-Institute Vision Task Force

Past President, Canadian Academic Accounting Association

President of the Ontario Division (1994–) and Member of the National Board of Directors (1992–), Multiple Sclerosis Society of Canada

Member and Treasurer, YWCA of Metropolitan Toronto Board of Directors 1987-90

President, Canadian Association of Women Executives and Entrepreneurs 1984-86

Author and speaker on accounting and financial reporting matters

Ms. O'Malley consults on complex client accounting issues. She co-ordinated the development of her firm's responses to the Canadian Institute of Chartered Accountants' Exposure and Re-Exposure Drafts on Accounting for Financial Instruments and the Exposure Draft on Impaired Loans, and to the Office of the Superintendent of Financial Institutions' (OSFI) Draft Guidelines on Asset Securitizations and Derivatives.