Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. At the intersection of two trending topics, AI and sustainability, there are a myriad of both costs and benefits to consider. Host Heather Horn is joined by Scott Likens, PwC Global Chief AI Engineer, to discuss the environmental impact of AI and the balance …

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We continue our miniseries on loans and investments with a discussion of the current expected credit losses (CECL) impairment model, applicable to a broad range of financial assets. In this episode, we discuss: 3:42 – A refresher on the CECL model 8:02 – Impa…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. The term “ESG” has been used for over two decades, including in this podcast miniseries title. Host Heather Horn sat down with guest Matt Sekol, Sustainability Global Blackbeltand author of ESG Mindset: Business Resilience and Sustainable Growth, to revisit t…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We continue our miniseries on loans and investments with a discussion of the accounting by corporate entities for loan receivables, which can include items such as trade receivables and other receivables with customers, suppliers, employees and more. In this …

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. Impact accounting is the process of attributing monetary value to disparate pools of datapoints across sustainability topics with the intent of creating comparability to drive investment decisions. This week, host Heather Horn is joined by a special guest fro…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We kick off our miniseries on loans and investments with an episode on accounting for debt securities for corporate entities. We discuss key considerations applicable to corporates and share insights on some of the more complex areas. In this episode, we disc…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. Host Heather Horn is joined by Mardi McBrien, Chief of Strategic Affairs & Capacity Building at the IFRS Foundation, and Katharina Bryan, Head of International Sustainability Reporting Policy at Amazon, to highlight the PwC and IFRS Foundation NYC Climate Wee…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. With an unprecedented level of change in recent years, the PCAOB has become a standard setter to watch – not just for audit firms but for companies. The episode brings the latest in PCAOB standard setting developments, including what they mean for preparers. …

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. In the second episode of our miniseries on the building blocks of greenhouse gas (GHG) emissions reporting, we discuss how to establish organizational boundaries. Host Heather Horn is joined again by Marcin Olewinski, an Assurance partner, and Kelsey Pizza, a…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. PwC provides a summary of the latest accounting, financial reporting, and regulatory updates to support your quarterly reporting. The adoption of the new segment reporting guidance is just around the corner for many public companies. As we approach year end, …

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We continue our miniseries on foreign currency accounting with an episode on foreign currency remeasurement and translation. Foreign currency measurement is the process by which an entity expresses transactions whose terms are denominated in a foreign currenc…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. This week we introduce a miniseries on the building blocks of greenhouse gas (GHG) emissions reporting. To kick off the miniseries, host Heather Horn is joined by Marcin Olewinski, an Assurance partner, and Kelsey Pizza, a senior manager in PwC’s National Off…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We kick off our miniseries on foreign currency accounting with an episode on determining functional currency, which is the currency of the primary economic environment in which a distinct and separable operation operates. In this episode, we discuss: 03:52 – …

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We continue our miniseries on stock-based compensation awards with a focus on 5 important things for private companies to know. This is an area for which the accounting tends to be more complicated for nonpublic companies. In this episode, we discuss: 3:12 – …

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We kick off our miniseries on stock-based compensation with a focus on 5 important things to know when accounting for modifications to stock-based compensation awards. In this episode, we discuss: 2:40 – How to determine whether a change in terms or condition…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We continue our miniseries on software costs. They are accounted for using two different models depending on whether the software is used internally or externally. In this episode, we discuss the internal-use model applicable to software developed or obtained…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We kick off our miniseries on software costs. They are accounted for using two different models depending on whether the software is used internally or externally. In this episode we focus on the external use model applicable to software to be sold, leased, o…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. Named the year of global elections, 2024 will see more than 50 countries with over half of the world’s population exercise their right to vote. On today’s episode, host Heather Horn reunites with Craig Stronberg from PwC Intelligence to discuss the depth of t…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. This episode is your one-stop shop covering the latest reporting and rulemaking developments at the SEC. With almost 40 years of combined experience at the SEC, our guests, National Office partners Kyle Moffatt and Kevin Vaughn, share their insights on all th…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. There continues to be a significant amount of activity at a high velocity as it relates to the Inflation Reduction Act (IRA). In this episode, host Heather Horn welcomes back Matt Haskins, principal in PwC's Washington National Tax Services group, who focuses…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We conclude our revenue miniseries with an episode on collaborative arrangements, which has its own guidance (ASC 808, Collaborative Arrangements) but also often interacts with other guidance, including that on revenue from contracts with customers. In this e…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. This week, host Heather Horn is joined by a special guest from the International Sustainability Standards Board (ISSB). Vice Chair, Sue Lloyd gives us an inside look into the ISSB’s workplan, new projects, and new strategic relationships. She also shares how …

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. We continue our revenue podcast miniseries discussing contract modifications. Contract modifications are accounted for as either a separate contract or as part of the existing contract, depending on the nature of the modification. In this episode, we discuss:…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. This episode provides an overview of the new standard from the International Accounting Standards Board, the IASB. IFRS 18 is the new standard on presentation and disclosure in financial statements, with a focus on updates to the income statement. This is a s…

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. Our revenue miniseries continues with identifying the contract, the first step in the five-step model in the revenue standard. It's important to get this step right to appropriately apply the model for recognizing revenue. In this episode, we discuss: 4:10 – …