Richard Kenyon, a Senior Lecturer in Accounting and Finance from Birmingham City Business School, has recently contributed to publishing a paper exploring the accounting point of view on KVA (Capital Valuation Adjustment) for derivatives.
Richard chose accounting/audit on purely pragmatic grounds but once he had got into the beauty of double entry and the field of financial mathematics he realised this was an evergreen subject that would excite and challenge him.
He started out as a would-be mathematician having loved the subject at school. After three years he felt he needed to find something more practical. He experienced many challenges as part of his years at Durham and tries to pass on what he learnt to his students.
He enjoyed a long and varied career in auditing and accountancy and worked for Big 4, medium and small firms. He carried out assignments varying from small ‘paper bag’ accounting jobs to large audits on clients ranging from a one man band recording cathedral choirs to the largest unitary authority in Europe.
He also had the opportunity to experience the exciting flourishing of governance over five years at the Heart of England NHS Foundation Trust, working directly for the successive Directors in Governance and Risk as they first gained Foundation Trust status and then Board status for the function. Information and corporate governance as well as clinical governance and risk management were covered in a uniquely avant-garde holistic, cutting-edge approach.
His experience has taught him of the value of employability activities and placements to achieve good career outcomes.