PwC's accounting podcast

Leasing — Reminders as you prepare for adoption

This podcast gives an overview of blockchain technology defined, the ways in which blockchain is being utilized in organizations, and four strategies listeners should consider when adopting blockchain technology.

This podcast will give you an overview of the similarities and differences between some of the newer US GAAP and IFRS accounting standards. While there are a number of similarities and differences between the two frameworks, this episode will focus on the three major accounting areas where the FASB and the IASB have issued new guidance in the last few years -- leases, financial instruments and revenue recognition.

The FASB's updated guidance on the definition of a business is now effective for public companies. It determines whether a transaction should be accounted for as a business combination or asset acquisition. Listeners will learn more about the new definition and the impacts - both direct and indirect - on various areas of accounting.

In this podcast hear PwC's Jim Gazley, Ashima Jain and Shannon Detling discuss some of the "day two" issues that lessees and lessors will face in accounting for certain events or changes in circumstances after a lease commences - such as remeasurements, modifications, and terminations. The first podcast, in this leasing series, answered "day 1" big picture questions; in this "day 2" episode, we take a closer look at some more complex questions such as: What is a remeasurement and why would a lessee need to remeasure a lease? How should lessees and lessors account for modifications to leases? How do lessees and lessors account for lease terminations?

Cross border deals are increasing despite political uncertainty, and that means that in order to be financially bilingual you need be knowledgeable of IFRS. In this podcast hear PwC's Jim Gazley, David Schmid, Christopher Chung, and Marco Noetzli discuss the impacts of IFRS in assessing the deal, closing the transaction, and ongoing post-deal requirements. We also highlight some global M&A trends that we're seeing in the marketplace.

This podcast discusses some of the more prevalent topics under IAS 12, the IFRS standard covering accounting for income taxes. Hear PwC's Jim Gazley, David Schmid, Jennifer Spang and Kassie Bauman discuss the recognition of deferred tax assets, outside basis differences, uncertain tax positions, dual basis of recovery, and more.

Non-GAAP measures have been in the headlines recently. The growing difference between GAAP reported results and related non-GAAP measures is driving this dialogue. Hear PwC's Beth Paul, Wayne Carnall and Jim Gazley discuss some of the history on non-GAAP measures, a recent SEC release and more in this podcast.