PwC's accounting podcast
Summary: Our accounting podcast features PwC specialists discussing today's most compelling accounting, regulatory and financial reporting issues. From the new leases and revenue standards to CECL to LIBOR rate replacement, PwC Partner Heather Horn hosts each episode tackling a single topic and providing listeners with key takeaways to stay informed on these important accounting matters.
The CECL standard - 5 things you need to know
Accounting for stock compensation: 5 things you need to know
The new revenue standard: 5 things private companies need to know
Debt classification: Back to the basics with 5 things you need to know
The US macroeconomic outlook: 5 things you need to know
Mind the GAAP! Here are 5 things you need to know about non-GAAP financial measures
Lessee right-of-use assets: 5 things you need to know
Need to know more about the ways the phase out of LIBOR could affect your company? If so, you're not alone. Some say it's one of the most important numbers in finance. So the replacement of LIBOR will reach far beyond the financial markets and is expected to impact the accounting and financial reporting for most companies. It's a complex topic and companies have a lot to think about as they prepare for this change. In this episode, PwC partner Heather Horn leads a lively discussion with Justin Keane, Chip Currie, and Nick Milone. Justin has been focused on LIBOR and reference rate reform efforts and has been on the front lines working with companies as they prepare for the change. Nick shares helpful perspective from his experience in our financial markets practice. And, Chip summarizes the key accounting issues based on his ongoing work as part of our national office.
This first quarter 2019 edition of The quarter close publication will be read to you by Marc Jerusalem, a Director in PwC's National office. This edition of The quarter close provides timely accounting and reporting information that can help you prepare for this quarter's reporting. Topics include: The new leases standard is here! We provide key reminders about lease disclosures, recently issued guidance for lessors and other implementation considerations, the latest on the frequency of financial reporting for public companies, key considerations related to guidance that is effective now or with an effective date that is just around the corner, including the simplified goodwill impairment test, additional insights about Brexit, the planned LIBOR phase-out, EU non-financial reporting regulations, and more.
Assessing collectibility under ASC 606: 5 things you need to know
Sustainability reporting: 5 things you need to know
Hedge accounting: 5 things to know when implementing the new standard
The UK's anticipated March 29 departure from the EU is top of mind for many businesses. Brexit will impact the global business community - including entities doing business with the UK and international companies with UK operations.In this episode, PwC partner Heather Horn and a panel of PwC professionals discuss 5 things you need to know about the accounting considerations related to Brexit, including: Impairment (goodwill, intangible assets, nonfinancial assets), Impact on financial assets (including valuation and hedge accounting), Restructuring, Tax accounting and Financial statement disclosures.
Listen to our insights on five items you need to know about the SEC's current agenda. We discuss: The SEC's rulemaking process, the request for comment on earnings releases and quarterly reporting, the proposed rules to simplify disclosures in certain debt offerings, potential simplifications to Rule 3-05 (financial disclosures about acquired businesses), and potential amendments to accelerated filer thresholds.
To help you prepare your year-end financial statements, listen to PwC partners discuss observations from SEC comment letters issued in the 2018 review cycle. In addition to examining the areas receiving the most attention from the SEC staff—including the new revenue standard, segment reporting, and fair value and other estimates—we also give listeners a few best practices to keep in mind when responding to SEC comment letters.