What's new on CFOdirect

Like our updates? sSign upsfor our weekly email newsletter.

  • Tax accounting insights
    FASB discusses income tax accounting for stock compensation

    9/12/14 | Tax accounting services

    FASB discusses income tax accounting for stock compensation (September 2014).

  • Financial Accounting Standards Board (FASB) - latest developments

    9/12/14

    PwC's latest summary of recent developments at the Financial Accounting Standards Board (FASB) including the FASB simplification initiative and links to, and abstracts of, news releases, action alerts, proposed rules, PwC comment letters, final rules, and meeting minutes.

  • What's new on CFOdirect - Week of September 11, 2014

    9/11/14

    This edition includes: Flashline, The quarter close third quarter video perspectives: New revenue standard, simplification, and spin-offs, and more

  • Corporate Governance Series
    Achieving excellence: Overseeing external auditors (Audit Committee Excellence Series)

    9/11/14 | Center for Board Governance

    This edition addresses communications with the external auditor, the audit committee chair’s working relationship with the lead audit partner, auditor independence, and the preapproval process for auditor services. The publication also discusses the external auditor relationship with internal audit; the influence of other parties, such as the PCAOB, Center for Audit Quality and proxy advisory firms; and evaluating the auditor, among other topics.

  • Flashline
    Flashline - Week ending September 11, 2014

    9/11/14 | Assurance services

    This week's PwC update on financial reporting developments includes: The quarter close, third quarter video perspectives... Audit Committee Excellence Series: Achieving excellence — Overseeing external auditors... Reminder: Corporate divestitures webcast — September 15... SEC releases draft 2015 Taxonomy... and more

  • MoneyTree™ Life Sciences Report

    9/10/14 | Healthcare

    Biotech soars to record high: Investment in biotechnology was the highest since the start of the MoneyTree data series in 1995. Biotech and medical devices industries both see year-over-year double-digit growth in investments.

  • Managing the Shadow Cloud - Integrating cloud governance into your existing compliance program

    9/10/14 | Risk Assurance

    The world of computing has changed, and executives have begun to realize that shadow cloud activity cannot be ignored. At the same time, realizing the benefits of the cloud with more confidence about the risks and rewards depends on knowing how to prudently say “yes” to the cloud.

  • IFRS news
    IFRS news - September 2014

    9/9/14 | Assurance services

    This issue of IFRS news looks at (1) alternative performance measures, (2) IFRIC activity - the rise of the‘NIFRIC’, (3) spotlight on IASB, (4) IAS 27 narrow scope amendment, (5) exposure draft on IAS 12 narrow scope amendment, (6) IASB workplan, and (7) Q&As: service concession arrangements.

  • Public Company Accounting Oversight Board (PCAOB) - latest developments

    9/9/14

    PwC's latest summary of recent developments at the Public Company Accounting Oversight Board (PCAOB) including links to, and abstracts of, items such as news releases, action alerts, proposed rules, PwC comment letters, final rules, and meeting minutes.

  • Video
    Top 5 financial statement line items impacted by the new revenue standard

    9/8/14 | Assurance services

    Do you think the revenue recognition standard only impacts revenue? Think again! Hear our experts discuss our top 5 financial statement line items that may be impacted OTHER than revenue.

  • Video
    Spin-offs

    9/8/14 | Assurance services

    Spin-off transactions are increasing in the marketplace. Is there one in your future? PwC's Neil Dhar, Ravi Rao and Beth Paul discuss the current market trends, key considerations for carve-out financial statements, and how to be successful both during and after a spin-off.

  • International Federation of Accountants (IFAC)

    9/8/14

    IFAC’s mission is to serve the public interest by contributing to the development, adoption and implementation of high-quality international standards in auditing and assurance, public sector accounting, ethics, and education for professional accountants.

  • Video
    Simplification

    9/8/14 | Assurance services

    Is the accounting world too complex? Learn about the FASB simplification initiative from PwC's talk with Sue Cosper, technical director at the FASB.

  • International Accounting Standards Board (IASB) - latest developments

    9/8/14

    The IASB is the independent standard-setting body of the IFRS Foundation responsible for the development and publication of IFRSs and for approving Interpretations of IFRSs as developed by the IFRS Interpretations Committee (formerly called the IFRIC). Get PwC's latest summary of recent developments at the International Accounting Standards Board (IASB).

  • American Institute of Certified Public Accountants (AICPA) - latest developments

    9/8/14

    PwC's latest summary of recent developments at the American Institute of Certified Public Accountants (AICPA) including links to, and abstracts of, items such as news releases, action alerts, proposed rules, PwC comment letters, final rules, and meeting minutes.

  • Conference
    Meet the Experts 2014

    9/8/14

    Meet the Experts 2014 - addressing the latest developments in international financial reporting, November 10, 2014.

  • Securities and Exchange Commission (SEC) - latest developments

    9/8/14

    PwC's latest summary of recent developments at the Securities and Exchange Commission (SEC) including links to, and abstracts of, items such as news releases, action alerts, proposed rules, PwC comment letters, final rules, and meeting minutes.

  • In depth: Revenue standard is final – A comprehensive look at the new model (Real estate industry supplement)

    9/8/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged standard on revenue recognition. How will you be affected? This industry-specific supplement to our In depth publication highlights some of the areas that could create the most significant challenges for Real Estate companies as they transition to the new revenue standard.

  • CFOs on the Move: Week ending September 5, 2014

    9/5/14

    Stay current on the career moves of your fellow financial professionals in companies across the U.S.

  • Corporate Governance Series
    BoardroomDirect: Update on current board issues - August 2014

    9/4/14 | Center for Board Governance

    As cybersecurity has risen to the top of many boards’ risk management agendas, there is a more compelling need for clear dialogue between the C-suite and the board.

  • Flashline
    Flashline - Week ending September 4, 2014

    9/4/14 | Assurance services

    This week's PwC update on financial reporting developments includes: In the loop: Spin-off transactions – creating a new public entity... BoardroomDirect – August 2014... Reminder: On the horizon at the FASB webcast... FASB meetings and project updates...and more

  • What's new on CFOdirect - Week of September 4, 2014

    9/4/14

    This edition includes: Flashline, Spin-off transactions - creating a new public entity, US Real estate insights, Annual Digital IQ, and more

  • Fair value measurement

    9/4/14

    The FASB's framework for Accounting for Fair Value Measurement (ASC 820) continues to challenge preparers, particularly with regards to the latest disclosure requirements from the 2011 amendment. PwC provides helpful publications and guides to assist users in this challenging area.

  • Business combinations

    9/3/14

    The accounting for business combinations (ASC 805), discontinued operations, divestitures, and related topics impairments and segment reporting continue to pose many challenges and remains on the SEC's radar screen. PwC provides the latest developments in these and other business combination accounting topics.

  • FAS 123(R) Post-Implementation Review Report Issued

    9/3/14 | Human resource services

    The Post-Implementation Review Report recently issued on FAS 123(R) finds certain elements difficult or costly to apply.

  • In the loop
    In the loop: Spin-off transactions - creating a new public entity

    9/3/14 | Assurance services

    Spin-offs represent a growing trend in recent years. Is there one in your future? Gain insight into the spin-off process including developing carve-out financial statements and creating a sustainable stand-alone entity.

  • Flashline
    Flashline - Week ending August 28, 2014

    8/28/14 | Assurance services

    This week's PwC update on financial reporting developments includes: In brief: PCAOB seeks comments on auditing accounting estimates and fair value measurements... FASB issues final guidance to improve financial reporting of going concern uncertainties... FASB meetings and project updates... and more

  • What's new on CFOdirect - Week of August 28, 2014

    8/28/14

    This edition includes: Flashline, Upcoming webcasts on Corporate divestitures, On the horizon at the FASB, and Current accounting and reporting developments

  • In brief
    In brief: FASB introduces going concern assessment and disclosure requirements

    8/28/14 | Assurance services

    New FASB standard introduces guidance for management to assess and disclose going concern uncertainties.

  • Corporate finance under fire: How can boards and management seek refuge?

    8/27/14 | Transaction services

    Corporate finance decisions involving mergers and acquisitions and capital markets have come under increasing scrutiny. Boards of directors and management are looking for objective guidance to help them avoid the ire of shareholders, activist investors, and regulators regarding corporate finance decisions. What qualities should boards and management look for when seeking independent corporate finance advice?

  • Q2 2014 US Health Services deals insights

    8/27/14 | Transaction services

    We see a steady pace in the volume of deals for the health services sectors from the first to second quarters with 143 and 138 announced deals (281 total deals), respectively. This volume is also consistent on a year to date basis with 2013 and its 289 announced deals. However, we also note that on a quarterly basis, the second quarter of 2014’s deal volume (138 deals) has declined almost 13% from the same period in 2013 (158 deals).

  • Webcast
    Dealmaking in Mexico – Investing today to seize tomorrow’s opportunities - September 26

    8/27/14 | Transaction services

    The Mexico government is currently attempting to implement reforms intended to transform the country to make it one of the most vibrant and dynamic economies in the next decade. Many economists, politicians, and businessmen, however, have different views on what these reforms actually mean for Mexican businesses, foreign investment, and the average Mexican citizen and how issues such as security concerns, income inequality and corruption will affect Mexico’s ability to unlock its potential.

  • Closer to fine: Separating data privacy from information security

    8/26/14 | Financial Services Institute

    Who’s in charge of privacy? Why financial institutions should create a separate information privacy organization.

  • Fund of funds tax considerations: Managing investor and regulatory demands

    8/26/14 | Asset management

    This document summarizes fund of fund tax considerations as discussed during a webcast by a panel of asset management, state and local tax, and technology specialists within PwC’s Asset Management Tax practice.

  • Hedge fund administration: 4 trends that may drive new growth

    8/26/14 | Asset management

    With growth opportunities for hedge fund administrative services decreasing, where will new demand come from? The answer lies in competitive forces now shaping the asset management industry. Learn which four key industry trends could drive new growth in hedge fund administration, and how these emerging changes could affect your business.

  • US Real estate insights: Summer 2014

    8/26/14 | Real estate

    Single family homes and student housing are two areas that are gaining popularity with real estate investors. In this issue, we also provide our perspective on the latest market and economic trends, regulatory activities and legislative changes affecting the real estate industry.

  • Meeting
    GASB Board Meeting

    8/26/14

    Meeting of the Board of the Governmental Accounting Standards Board (GASB) on September 30, 2014.

  • Center for Audit Quality (CAQ)

    8/26/14

    The Center for Audit Quality is dedicated to enhancing investor confidence and public trust in the global capital markets. The CAQ has standing committees and task forces that each have a different role in enhancing the quality of public company auditing and financial reporting, including Professional Practice Executive Committee (PPEC); SEC Regulations Committee; International Practices Task Force; and Smaller Firm Task Force.

  • Meeting
    IAASB Meeting

    8/26/14

    Meeting of IFAC's International Auditing and Assurance Standards Board (IAASB) - September 15-19, 2014.

  • Governmental Accounting Standards Board (GASB)

    8/26/14

    The Governmental Accounting Standards Board (GASB) is the independent organization that establishes and improves standards of accounting and financial reporting for U.S. state and local governments.

  • Meeting
    GASB Board Meeting

    8/26/14

    Meeting of the Board of the Governmental Accounting Standards Board (GASB) on September 8, 2014.

  • Retail & Consumer Insights: 2014 Financial Benchmarking

    8/26/14 | Retail & consumer

    What impact did the economy have on the financial results of retailers and consumer packaged goods companies? This report from PwC's Retail and Consumer Insights series provides financial benchmarks and discusses company strategies on operational efficiency, human capital, health and wellness, innovation, and brand management.

  • Technology industry findings & implications

    8/26/14 | Technology

    Technology companies are in a unique position when it comes to digital. Not only should they invest and innovate to transform their own businesses, but their customers are looking to them for help in getting a digital edge. Find out how the Tech industry rates when it comes to Digital IQ—their ability to understand and weave technology throughout the business—and what they can do to reap more value.

  • The new digital ecosystem reality: Innovation's next frontier is in customer service

    8/26/14 | Technology

    As customer expectations evolve, customer service has emerged as the next critical differentiator. Forward-thinking companies understand that the future of customer service is proactive, integrated and omnipresent.

  • Stay informed: 2014 technology financial reporting trends

    8/26/14 | Technology

    Starting to prepare for your year-end filings? PwC's Technology Institute publication, Stay informed: 2014 technology financial reporting trends, provides information on key disclosures made by companies in the technology sector. We invite you to read our benchmarking study to gain useful and thought-provoking insights that will aid you in the preparation of your upcoming filings.

  • Corporate Governance Series
    BoardroomDirect: Update on current board issues - July 2014

    8/25/14 | Center for Board Governance

    This issue of BoardroomDirect® includes an analysis of the audit committee's oversight of internal audit. There is also news about the SEC staff issuing proxy advisory firm guidance, ISS 2015 proxy voting policy survey, and more.

  • In brief
    In brief: PCAOB staff seeks comment on auditing estimates and fair value

    8/22/14 | Assurance services

    PCAOB staff is evaluating whether it can improve auditing standards for estimates and fair value.

  • In brief
    In brief: FASB proposal to shed some light on the accounting for the Cloud

    8/21/14 | Assurance services

    FASB issues exposure draft intended to simplify the accounting for Cloud Computing customers.

  • Flashline
    Flashline - Week ending August 21, 2014

    8/21/14 | Assurance services

    This week's PwC update on financial reporting developments includes: Tax accounting insights: FASB adds income tax accounting topics to its agenda... Webcast: On the horizon at the FASB — Thursday, September 11... FASB proposal to shed some light on the accounting for the Cloud... and more

  • Meeting
    FASB Board Meeting

    8/21/14

    Meeting of the Board of the Financial Accounting Standards Board (FASB) on September 3, 2014.

  • Meeting
    FASB and PCPS Technical Issues Committee Meeting

    8/21/14

    Liaison meeting of the Financial Accounting Standards Board (FASB) and the AICPA Private Companies Practice Section Technical Issues Committee - September 16, 2014.

  • Meeting
    FASB Board Meeting

    8/21/14

    Meeting of the Board of the Financial Accounting Standards Board (FASB) on September 23, 2014.

  • Meeting
    FASB Board Meeting

    8/21/14

    Meeting of the Board of the Financial Accounting Standards Board (FASB) on September 17, 2014.

  • Meeting
    FASB Board Meeting

    8/21/14

    Meeting of the Board of the Financial Accounting Standards Board (FASB) on September 10, 2014.

  • Meeting
    FASAC Meeting

    8/21/14

    Meeting of the FASB's Financial Accounting Standards Advisory Council (FASAC) - September 11, 2014.

  • Meeting
    IASB Education Session

    8/21/14

    The IASB will hold educational, non-decision-making sessions on September 18-19, 2014, to discuss topics that are anticipated to be discussed at a future Board meeting. (No decisions are made at education sessions.)

  • Meeting
    FASB/IASB Joint Meeting

    8/21/14

    Joint meeting of the boards of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) - September 23, 2014.

  • Meeting
    IASB Board Meeting

    8/21/14

    Meeting of the board of the International Accounting Standards Board (IASB), September 22-24, 2014.

  • Meeting
    IFRS Interpretations Committee Meeting

    8/21/14

    Meeting of the IFRS Interpretations Committee - September 16-17, 2014.

  • Webcast
    FASB Webcast: Proposed 2015 GAAP Taxonomy

    8/21/14

    The FASB is hosting a webcast on September 9, 2014, to discuss the proposed changes to the 2015 GAAP Financial Reporting Taxonomy release.

  • Meeting
    Not-for-Profit Advisory Committee Meetings

    8/21/14

    Meeting of the FASB's Not-for-Profit Advisory Committee on September 4-5, 2014.

  • Meeting
    FASB and IMA Meeting

    8/21/14

    Liaison meeting of the Financial Accounting Standards Board (FASB) and the Institute of Management Accountants - September 8, 2014.

  • What's new on CFOdirect - Week of August 21, 2014

    8/21/14

    This edition includes: On the horizon at the FASB webcast, Industrial products M&A reports, FASB adds income tax accounting topics to its agenda, and more

  • Webcast
    Employee Benefit Plans - 2014 Plan Sponsor Update - September 10, 2014

    8/21/14

    Michele Weldon, PwC's National Employee Benefit Plan Practice Leader, will provide an overview of current developments related to Defined Benefit, Defined Contribution, and Health & Welfare employee benefit plans. This will include an update on recent changes in accounting, auditing and regulatory requirements impacting employee benefit plans.

  • Assembling value: Second-quarter 2014 industrial manufacturing industry mergers and acquisitions analysis

    8/20/14 | Industrial products

    Industrial manufacturing mergers and acquisitions activity surged in the second quarter, driven by large deals. Dealmakers seeking strategic assets represented the overwhelming majority of all transactions.

  • Chemical compounds: Second-quarter 2014 chemical industry mergers and acquisitions analysis

    8/20/14 | Industrial products

    Chemicals M&A activity in the second quarter of 2014 more than doubled in value and volume when compared to the same period last year. Mid-market transactions accounted for 68% of total deal activity and over 20% of value.

  • Forging ahead: Second-quarter 2014 metals industry mergers and acquisitions analysis

    8/20/14 | Metals

    Metals industry mergers and acquisitions rebounded in the second quarter, as deals were driven by metals companies diversifying their assets and seeking to manage overcapacity.

  • Engineering growth: Second-quarter 2014 engineering & construction industry mergers and acquisitions analysis

    8/20/14 | Industrial products

    The value of merger and acquisition (M&A) deals in the engineering and construction (E&C) sector in 2Q14 surged to $67 billion from $15 billion in the prior quarter. As a result of the transactions that were involved, the average deal size rose to among the highest levels on record.

  • Intersections: Second-quarter 2014 transportation & logistics industry mergers and acquisitions analysis

    8/20/14 | Transportation and logistics

    The pace of transportation and logistics transactions accelerated during the second quarter, as measured by both announced value and volume. However, 2014 is not expected to set records for mergers and acquisitions in the sector.

  • Webcast
    Statutory Accounting Update - PDP Webcast Series - September 18, 2014

    8/20/14

    In this webcast, Jean Connolly will summarize the recent developments of the short and long-term projects of the National Association of Insurance Commissioners (NAIC) with a focus on decisions reached at the 2014 NAIC Summer National Meeting (August 16-19).

  • Key accounting method considerations for 2013 returns

    8/18/14 | Washington national tax services (WNTS)

    Key elections and accounting methods taxpayers should consider for 2013 returns.

  • Webcast
    Technology trends in land management: Geographic Information Systems - August 27, 2014

    8/18/14 | Energy & mining

    PwC's Energy practice invites you to join us for a webcast to discuss Technology trends in land management: Geographic Information Systems. Join PwC's land management team for a discussion on our point of view on the benefits of Geographic Information Systems and why land is a great place to start.

  • US Tax Reform: Will possible changes impact your mobile employees?

    8/18/14 | Global tax services

    Lawmakers are eyeing reform of the US tax system, which would surely affect multinational companies with globally-mobile workforces.

  • Claim to fame: Positioning the claims function for operational excellence

    8/18/14 | Financial Services Institute

    Improving the insurance customer experience starts with improving the claims process – find out why.

  • IASB/FASB Insurance Contracts Project - Meeting summaries

    8/18/14 | Insurance

    Insurers currently use a variety of different and largely inconsistent local approaches to measure the value of insurance contracts within their statutory financial statements. This diversity makes it difficult to compare companies and may fail to reflect the true economic value of insurance business, which can put insurers at a considerable disadvantage when competing for capital.

  • Tax accounting insights
    FASB adds income tax accounting topics to its agenda

    8/18/14 | Tax accounting services

    FASB adds income tax accounting topics to its agenda (August 2014).

  • Financial instruments

    8/17/14

    IASB issued IFRS 9 Financial Instruments which replaces most of the guidance in IAS 39 and includes a new model for classification and measurement of financial assets and impairment. The FASB is expected to issue a final standard on classification and measurement and impairment in the second half of 2014. PwC offers the latest developments, summaries of board decisions, and publications on the FASB and IASB's financial instruments project.

  • Webcast
    On the horizon at the FASB Webcast - September 11, 2014

    8/15/14 | Assurance services

    PwC's National Professional Services Group invites you to attend a webcast which will provide an update on the FASB’s current agenda and take a look at where some of the major FASB projects stand.

  • Flashline
    Flashline - Week ending August 14, 2014

    8/14/14 | Assurance services

    This week's PwC update on financial reporting developments includes: PwC guide: Revenue from contracts with customers — 2014 global edition... In depth: IFRS 9, Financial Instruments - Classification and measurement and Expected credit losses... Save the date: Q3 2014 Current Accounting and Reporting Developments webcast — Wednesday, September 17... and more

  • Meeting
    Private Company Council Meeting

    8/14/14

    Meeting of the FASB's Private Company Council (PCC) on September 16, 2014.

  • What's new on CFOdirect - Week of August 14, 2014

    8/14/14

    This edition includes: IFRS 9 Financial Instruments, Revenue from contracts with customers, Corporate divestitures webcast, and more

  • In depth
    In depth: IFRS 9 – Expected credit losses

    8/13/14 | Assurance services

    The IASB published the complete version of IFRS 9, Financial instruments, which replaces most of the guidance in IAS 39. This In depth considers the new impairment model in IFRS 9.

  • Webcast
    Corporate divestitures webcast - September 15, 2014

    8/13/14 | Assurance services

    Join us for part 3 of PwC’s National Professional Services Group’s Accessing the capital markets series featuring Beth Paul, U.S. Strategic Thought Leader, Ravi Rao, National Office SEC Services Partner, and Neil Dhar, National Capital Markets Leader. The panel will focus on carve-out transactions and will discuss trends in the divestiture market as well as how to manage the divestiture process. The panel will also outline key issues and accounting considerations, explore SEC reporting requirements, and provide key takeaways for participants.

  • Webcast
    Q3 Current Accounting and Reporting Developments Webcast - September 17, 2014

    8/13/14 | Assurance services

    Our quarterly webcast is designed to keep you informed about emerging accounting, regulatory, and market developments impacting financial reporting. Register for our Q3 webcast on September 17, or watch our on-demand (CPE-eigible) webcast replays of previous quarters.

  • In depth
    In depth: IFRS 9 – Classification and measurement

    8/13/14 | Assurance services

    The IASB published the complete version of IFRS 9 Financial Instruments, which replaces most of the guidance in IAS 39. This In depth considers the changes to classification and measurement of financial assets in IFRS 9.

  • Mission control: Second-quarter 2014 aerospace and defense industry mergers and acquisitions analysis

    8/12/14 | Aerospace & defense

    An uptick in mega deals and the ongoing interest in divested assets and private equity backed businesses, propelled aerospace & defense M&A second quarter value to the highest quarterly total in three years.

  • Fighting a growing threat: Retail and consumer goods sector analysis of PwC’s 2014 Global Economic Crime Survey

    8/12/14 | Retail & consumer

    Retail and consumer goods companies are experiencing greater levels of economic crime. Nearly half of respondents say their company has experienced this type of event in the last two years. By far the most commonly reported type of economic crime for the sector is asset misappropriation, while other common types of fraud included bribery and corruption, accounting fraud and cybercrime.

  • Revenue recognition

    8/11/14

    The FASB and IASB have released their converged revenue recognition standard, Revenue from contracts with customers (ASC 606). PwC provides details on the new revenue accounting standard and the business implications for companies and industries on all revenue transactions as they prepare for implementation of the new standard.

  • IFRS news
    IFRS news - July/August 2014

    8/11/14 | Assurance services

    This issue of IFRS news looks at (1) IFRS 9 - the IASB's new standard on financial instruments, (2) Revenue Transition Resource Group (TRG) starts discussion on IFRS 15, (3) ESMA reports on accounting for business combinations under IFRS 3, (4) IAS 41 and IAS 16 amendments on bearer plants, (5) EU endorses IFRIC 21, (6) leasing redeliberations, (7) disclosure initiative, (8) conceptual framework discussions, and (9) Q&As: related parties.

  • Accounting guides
    Revenue from contracts with customers - 2014 global accounting and financial reporting guide

    8/11/14 | Assurance services

    Our global accounting and financial reporting revenue recognition guide describes the accounting for revenue from contracts with customers under the converged U.S GAAP and IFRS revenue standard (ASC 606) issued in May 2014. It has been prepared to support entities as they identify the implications of the new revenue recognition standard, evaluate its impact (on business strategies, processes, systems, controls, financial statement recognition and required disclosures) and prepare for implementation.

  • Flashline
    Flashline - Week ending August 7, 2014

    8/7/14 | Assurance services

    This week's PwC update on financial reporting developments includes: In depth: Consolidation—a new standard is imminent—Highlights of the expected changes... Insights from the Investment Community: Non-GAAP financial measures—Investor and analyst perspectives... FASB issues final guidance on measuring financial assets and financial liabilities of a consolidated collateralized financing entity... and more

  • What's new on CFOdirect - Week of August 7, 2014

    8/7/14

    This edition includes: Consolidation - a new standard is imminent, Non-GAAP financial measures - Investor and analyst perspectives, and more

  • Q2 2014 US technology deal insights

    8/7/14 | Transaction services

    Extending the positive momentum from the second half of 2013, equity markets set new highs, IPO markets reached activity levels not seen in years, VC investments harkened back to 2000 levels, and economic outlooks remained modestly optimistic across sectors. Private equity (PE) continued to play an active role in technology, though challenged by strategic buyers who are able to leverage healthy valuations and substantial amounts of cash on hand.

  • Tax accounting insights
    Tax accounting retrospective (January - June 2014)

    8/6/14 | Tax accounting services

    As part of our continued effort to help organizations navigate through the complexity of today's tax accounting issues, we've assembled a compilation of our Tax Accounting Services' publications released between January 2014 and June 2014.

  • Doing business in the United States

    8/6/14 | US tax services

    Global companies investing in the United States face unique opportunities and challenges. Doing business in the US reviews the key tax issues and provides insights to help investors navigate the US business environment.

  • Private company reporting

    8/6/14

    PwC's summary of the latest deliberations of the Private Company Council (PCC), as well as recent developments and publications addressing the GAAP concerns of private companies.

  • Leases

    8/6/14

    A roundup of PwC reports and insights on accounting for leases - a joint project of IASB and FASB - is available at CFOdirect.

  • Non-GAAP financial measures: Investor and analyst perspectives

    8/6/14 | PwC Investor Resource Institute

    Companies often use non-GAAP financial measures to provide insights into their business. Investment professionals share their perspectives on the value to investors, their effect on transparency, and perceptions on management.

  • Webcast
    Transforming your Security Posture with the NIST Cybersecurity Framework - August 13, 2014

    8/5/14 | Energy & mining

    PwC's Energy practice invites you to join us for a webcast to discuss Transforming your Security Posture with the NIST Cybersecurity Framework. Learn how to leverage the NIST Cybersecurity Framework to objectively assess your current as well as target security states provided the recent Havex malware attacks on the energy sector in order to drive communication with business leadership to convey strengths, weaknesses, and strategic goals.

  • An HR perspective: Nothing but change for healthcare industry stakeholders

    8/5/14 | Human resource services

    Health care organizations today find themselves amid transformation on numerous fronts: everything from merging provider organizations to converging providers and payors to changing compensation models. Many of these changes are starting to reflect an Affordable Care Act America, along with more general shifts in the US healthcare industry—all of which yield implications for stakeholders across the board, including executives, employees, and physicians.

  • Pricing & Profitability: Deals Desk – A key business enabler to meet customer demands

    8/5/14 | Technology

    As companies look to maintain market competitiveness and to meet the demands of increasingly sophisticated customers while also managing their profitability, many are implementing a deals desk function as a key business enabler.

  • In depth
    In depth: Consolidation - a new standard is imminent

    8/5/14 | Assurance services

    The FASB expects to issue a final standard amending the current consolidation guidance in the coming months. The new consolidation standard will make targeted changes to the current consolidation guidance and end the deferral granted to investment companies from applying the variable interest entity (VIE) guidance.

  • Auditing Standards Board (ASB)

    8/5/14

    The Auditing Standards Board (ASB) is the AICPA’s senior committee for auditing, attestation, and quality control applicable to the performance and issuance of audit and attestation reports for nonissuers. The ASB promulgates Statements on Auditing Standards (SAS), Statements on Standards for Attestation Engagements (SSAE) and Statements on Quality Control Standards (SQCS), and, as a part of its due process, releases Exposure Drafts of proposed standards.

  • Flashline
    Flashline - Week ending July 31, 2014

    7/31/14 | Assurance services

    This week's PwC update on financial reporting developments includes: Point of view: Accounting for income taxes - A case for simplification... IASB issues IFRS 9 - Financial instruments... New technology industry supplement to In depth on final revenue recognition standard... and more

  • Foreign banks: US admission fee rising

    7/31/14 | Financial services regulatory practice

    The Fed expects detailed implementation plans from foreign banks.

  • What's new on CFOdirect - Week of July 31, 2014

    7/31/14

    This edition includes: Accounting for income taxes, Overseeing the internal audit, What investors need to know about cybersecurity, and more

  • EU Data Protection Reform The challenges and benefits of compliance for businesses

    7/31/14 | Risk Assurance

    The passage of the General Data Protection Regulation that is proceeding through the European legislature is likely to raise significant challenges in regard to data protection compliance for all businesses that operate or provide goods and services within the European Union. With passage likely, proactive companies are taking steps today that will help them prepare to comply with future requirements.

  • What investors need to know about cybersecurity: How to evaluate the investment risks

    7/31/14 | PwC Investor Resource Institute

    Cybersecurity is more than just a technology issue in the back office; it's a critical business issue that can dramatically impact a company's competitive position. Learn what leading practices are available to investors to determine if a company is reasonably prepared to weather the storm of a cyberattack.

  • Webcast
    Investor Resource Institute Quarterly Webcast - Cybersecurity - August 20, 2014

    7/31/14 | Center for Board Governance

    PwC's Investor Resource Institute invites you to join us for a webcast on Wednesday, August 20 from 2:00pm - 3:00pm ET. During this webcast we will be discussing enterprise security and how the new cybersecurity landscape impacts company performance as well as the challenges investors may want to consider.

  • Webcast
    Revenue Recognition – Webcast series & Industry-specific webcasts

    7/30/14 | Assurance services

    Watch or participate in our on-demand CPE-eligible two-part webcast series where we discuss the new Revenue Recognition standard in detail, and help you understand the pervasive business implications, as well as what companies can do to prepare for implementation of the new standard. Additionally, we expand our discussion with a series of industry-specific webcasts that look at the impact the new revenue recognition standard will have on various sectors.

  • Playing for keeps: How insurers can win customers, one at a time

    7/30/14 | Financial Services Institute

    Carriers have long focused on products, not customers. How can they create brand-defining customer experiences?

  • Income tax

    7/29/14

    Stay informed of the most recent developments in Accounting for Income Taxes (ASC 740) on PwC's CFOdirect.

  • Point of view
    Point of view: Accounting for income taxes - A case for simplification

    7/29/14 | Assurance services

    It's time to hit the "reset" button and adopt targeted changes to simplify the income tax accounting standard, read our Point of view to find out more.

  • Meeting
    GASB Public Hearing: Postemployment Benefit Accounting and Financial Reporting

    7/29/14

    GASB Public Hearing on Postemployment Benefit Accounting and Financial Reporting - September 11, 2014

  • Meeting
    GASB Public Hearing: Postemployment Benefit Accounting and Financial Reporting

    7/29/14

    GASB Public Hearing on Postemployment Benefit Accounting and Financial Reporting - September 12b, 2014

  • Meeting
    GASAC Meeting

    7/29/14

    Meeting of the Governmental Accounting Standards Advisory Council (GASAC) on November 13-14, 2014.

  • Meeting
    GASB Board Meeting

    7/29/14

    Meeting of the Board of the Governmental Accounting Standards Board (GASB) on August 20-22, 2014.

  • Corporate Governance Series
    Achieving excellence: Overseeing internal audit (Audit Committee Excellence Series)

    7/29/14 | Center for Board Governance

    This edition discusses the directors’ role in maximizing internal audit’s value proposition, agreeing on internal audit’s mission, assessing leadership and resources, and other areas.

  • In depth: Revenue standard is final – A comprehensive look at the new model (Technology industry supplement)

    7/29/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged standard on revenue recognition. How will you be affected? This industry-specific supplement to our In depth publication highlights some of the areas that could create the most significant challenges for technology companies as they transition to the new standard.

  • Meeting
    GASB Public Hearing: Postemployment Benefit Accounting and Financial Reporting

    7/29/14

    GASB Public Hearing on Postemployment Benefit Accounting and Financial Reporting - September 10, 2014

  • Meeting
    FASB Board Meeting

    7/28/14

    Meeting of the Board of the Financial Accounting Standards Board (FASB) on August 13, 2014.

  • Meeting
    FASB Board Meeting

    7/28/14

    Meeting of the Board of the Financial Accounting Standards Board (FASB) on August 20, 2014.

  • Meeting
    FASB Board Meeting

    7/28/14

    Meeting of the Board of the Financial Accounting Standards Board (FASB) on August 27, 2014.

  • In brief
    In brief: SEC issues final rules to reform money market funds

    7/25/14 | Assurance services

    New SEC rules mandate floating NAV for institutional prime money market funds.

  • In brief
    In brief: IASB issues IFRS 9 - Financial instruments

    7/25/14 | Assurance services

    The final version of IFRS 9 has been published introducing a new model on classification and measurement and impairment.

  • Flashline
    Flashline - Week ending July 24, 2014

    7/24/14 | Assurance services

    This week's PwC update on financial reporting developments includes: Private company reporter: PCC makes progress on intangible assets... Global Tax Accounting Services Newsletter (April - July 2014)... SEC seeks comments on PCAOB's auditing standard on related parties... and more

  • 10Minutes
    10Minutes on organizational DNA

    7/24/14 | Advisory services

    Ever wonder why some companies consistently deliver while others disappoint? Faced with the same market, stocked with similar talent, one organization flourishes, while the other flounders. By understanding what makes your organization tick and where there might be breakdowns to address, you and your employees can truly deliver on your strategic intent.

  • What's new on CFOdirect - Week of July 24, 2014

    7/24/14

    This edition includes: Update on Dodd-Frank, 10Minutes on organizational DNA, Compensation and benefits accounting webcast, and more

  • Tax accounting insights
    Global Tax Accounting Services Newsletter (April– June 2014) - follow recent global accounting and reporting developments

    7/23/14 | Tax accounting services

    In this release we discuss a variety of global accounting, reporting and tax law developments in the quarter ended June 30, 2014.

  • Manufacturing Barometer - July 2014

    7/23/14 | Industrial products

    US manufacturers are planning to spend more on infrastructure in the coming year as competitive pressures grow. Additionally, M&A plans have increased.

  • 2014 Global Airline Survey: Strategic sights set on transformation and innovation

    7/23/14 | Industrial products

    Important megatrends, such as shifting global economic power, technological advances, and demographic changes, are identified as top-of-mind issues for global airline CEOs, according to our latest report, the 2014 Global Airline CEO Survey. As the changing balance of economic power is expected to have a drastic effect on the industry in the next five years, the report highlights three key areas in which CEOs are planning to respond: organizational structure, technology, and talent.

  • The new revenue recognition standard: Is your technology company ready?

    7/23/14 | Technology

    The deliberation is over: On May 28, 2014, the FASB and the IASB released their new standard for revenue recognition, to take effect in 2017 for public companies. The new guidance may constitute the biggest accounting change the world has seen in over a decade, because revenue recognition informs a wide array of business decisions. Technology companies that start preparing for the change now will be in the best position to seize the opportunities that will come with the change—while also surmounting the challenges.

  • US regulatory outlook: The beginning of the end

    7/22/14 | Financial services regulatory practice

    Four years since Dodd-Frank, several key rulemakings remain.

  • Private company reporter
    Private company reporter - PCC makes progress on intangible assets

    7/22/14 | Assurance services

    The Private Company Council (PCC) continues to make progress on simplifying accounting for intangible assets acquired in a business combination.

  • Webcast
    Healthcare Higher Education and Not-For-Profit Series - Hot Topics and Technical Updates Impacting Accounting and Financial Reporting - July 24, 2014

    7/21/14 | Healthcare

    This webcast will cover FASB standard setting developments that have occurred since the April webcast. Among other matters, developments related to the FASB/IASB convergence projects will be addressed, with a concentration on the new revenue recognition standard issued in May, as well as an update on FASB projects impacting not-for-profit entities, including the not-for-profit financial statement project. As always, the emphasis is on not-for-profit organizations that apply FASB standards, with an emphasis on healthcare and higher education institutions.

  • Webcast
    Employee benefits accounting webcast: The latest in compensation & benefits accounting - July 30, 2014

    7/21/14 | Human resource services

    The accounting and reporting guidance around benefits and compensation continues to evolve. In an effort to keep you apprised of the on-going changes and updates, we are pleased to invite you to join us for our quarterly webcast series, designed for corporate financial reporting and HR executives. PwC specialists will provide their perspectives on emerging accounting, regulatory and market developments within the incentive compensation and employee benefits arena.

  • Flashline
    Flashline - Week ending July 17, 2014

    7/17/14 | Assurance services

    This week's PwC update on financial reporting developments includes: Point of view: Non-GAAP financial measures - Enhancing their usefulness... In depth: Private company VIE relief for certain common control leasing arrangements... FASB issues proposals to simplify inventory measurement and eliminate requirements for extraordinary items... and more

  • What's new on CFOdirect - Week of July 17, 2014

    7/17/14

    This edition includes: Private company variable interest entity relief, On demand CPE-eligible versions of select webcasts now available, and more

  • In depth
    In depth: Private company variable interest entity relief

    7/17/14 | Assurance services

    FASB provides option to exempt certain common control leasing arrangements from the VIE model

  • In depth: Revenue standard is final – A comprehensive look at the new model (Aerospace & defense supplement)

    7/16/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged standard on revenue recognition -- how will you be affected? This industry-specific supplement to our In depth highlights some of the areas that could create the most significant challenges for aerospace and defense entities as they transition to the new standard.

  • Point of view
    Point of view: Non-GAAP financial measures: Enhancing their usefulness

    7/16/14 | Assurance services

    Enhancing the transparency of non-GAAP financial measures can help users better understand past performance, read our Point of view to find out more.

  • Practical tip
    Practical tip: Presenting less than 12 month financial statements of an acquired business (No. 2014-04)

    7/15/14 | Assurance services

    This Practical tip provides guidance regarding using less than 12 month financial statements in lieu of a full year for an acquired business.

  • Emerging Issues Task Force (EITF) - latest developments

    7/14/14

    PwC's latest summary of recent developments at the Emerging Issues Task Force (EITF) including links to, and abstracts of, items such as news releases, action alerts, proposed rules, PwC comment letters, final rules, and meeting minutes.

  • Accounting guides
    Bankruptcies and Liquidations - 2014 accounting and financial reporting guide

    7/14/14 | Assurance services

    PwC's comprehensive accounting and financial reporting guide for bankruptcy and liquidation (ASC 852) focuses on Chapter 7 and 11 bankruptcy.

  • Incentive compensation — impact of new revenue accounting rules

    7/13/14 | Human resource services

    Potential impact of new revenue accounting rules on incentive compensation plans and how employers can begin to prepare.

  • PwC comment letter (FASB)
    PwC comments on the FASB's Conceptual Framework exposure draft on notes to financial statements

    7/11/14 | Assurance services

    PwC broadly supports the Disclosure Framework project, but suggests areas for further refinement.

  • PwC Cash Investment Survey Report

    7/10/14 | Advisory services

    Survey results identified trends in corporate cash investment management practices and highlighted potential opportunities for improvement.

  • Flashline
    Flashline - Week ending July 10, 2014

    7/10/14 | Assurance services

    This week's PwC update on financial reporting developments includes: In the loop: EU audit reform – the impact beyond Europe... Save the date: Revenue recognition industry webcasts... Save the date: ProxyPulse webcast — July 17... PwC comments on PCAOB's proposed framework to reorganize audit standards... and more

  • PwC Reports Robust IPO Market Surpasses $21 Billion in Q2 Proceeds, Best Quarter Volume Since 2007

    7/10/14 | Transaction services

    The market for initial public offerings (IPOs) finished on a strong note late in the second quarter of 2014, recording the highest quarterly deal volume since the fourth quarter of 2007.

  • What's new on CFOdirect - Week of July 10, 2014

    7/10/14

    This edition includes: Flashline, PwC Cash Investment Survey Report, Upcoming ProxyPulse webcast on developments in the 2014 proxy season, and more

  • Webcast
    Revenue Recognition Webcast & Industry Supplement - Retail & Consumer - July 24, 2014

    7/10/14 | Retail & consumer

    Join us for an expanded discussion on the specific impacts the new revenue recognition standard will have on Retail & Consumer Companies and download our R&C Industry Supplement.

  • Webcast
    Aerospace & Defense - Revenue Recognition Webcast Replay & Industry Supplement

    7/10/14 | Aerospace & defense

    Watch our webcast replay to learn what specific impacts the new revenue recognition standard will have on the Aerospace & Defense industry, and download our industry supplement for examples and further insights into ways entities within the industry are likely to be affected by the revenue standard.

  • Webcast
    ProxyPulse webcast: Developments in the 2014 proxy season - July 17, 2014

    7/8/14 | Center for Board Governance

    PwC's Center for Board Governance invites you to attend a special ProxyPulse webcast, presented in conjunction with Broadridge, looking at developments in the 2014 proxy season. Speakers include Leader of the Center for Board Governance, Mary Ann Cloyd, Center for Board Governance director, Paul DeNicola, and Vice President of Business Strategy and Development at Broadridge, Michelle Jackson.

  • PwC comment letter (PCAOB)
    PwC comments on PCAOB's proposed framework to reorganize audit standards

    7/8/14 | Assurance services

    PwC believes the proposed framework will help users navigate PCAOB standards more easily, but suggests some enhancements.

  • Webcast
    Reducing Pension Cost and Risk Using a Lump Sum Buyout Strategy webcast - July 23, 2014

    7/7/14 | Human resource services

    In recent years Plan Sponsors of defined benefit pension plans have been focusing on de-risking pension plans, including a strategy to provide a one-time lump sum buyout offer to former employees. PwC has assisted many clients who have analyzed and/or implemented the lump sum strategy. Please join our webcast on July 23rd, where we will share insights into the strategy Plan Sponsors utilized.

  • In the loop
    In the loop: EU audit reform — the impact beyond Europe

    7/7/14 | Assurance services

    Audit reform in Europe could affect US multinationals.

  • Webcast
    Global Pension Survey Results - A US Perspective webcast - July 16, 2014

    7/1/14 | Human resource services

    The results are in from the 114 major multi-nationals that responded to our global pension survey. It is time to present the results and understand what this means for the US market. Please join our webcast on July 16, 2014 at 2PM EDT to learn of findings and discuss the trends and implications of the survey as well as share the perspectives on the future state of retirement plans as provided by these global trend setters. We'll cover what companies are saying is next and if 'New Paternalism' is the answer.

  • Flashline
    Flashline - Week ending July 1, 2014

    7/1/14 | Assurance services

    This week's PwC update on financial reporting developments includes: In depth: FASB revises consolidation accounting... BoardroomDirect - June 2014... BoardroomDirect Special Edition (ProxyPulse, second edition 2014)... FASB meetings and project updates... and more

  • What's new on CFOdirect - Week of July 1, 2014

    7/1/14

    This edition includes: Flashline, In depth: FASB revises consolidation accounting, and more

  • Corporate Governance Series
    BoardroomDirect: Update on current board issues - June 2014

    7/1/14 | Center for Board Governance

    This issue of BoardroomDirect® includes an article about the influence of activist shareholders and the role they play today in forcing change. There is also news about a Delaware bill that would prohibit fee-shifting bylaws, environmental groups warning boards of fossil fuel companies about climate-change litigation, the new converged revenue recognition standard, and the first round of conflict minerals disclosures.

  • Corporate Governance Series
    ProxyPulse Second Edition 2014

    7/1/14 | Center for Board Governance

    This edition of ProxyPulse makes the following observations: there was decreased support for say-on-pay at mid-cap, small-cap, and micro-cap companies while average support at large-cap companies rose to 91%.

  • PwC's 2014 Health and Well-being Touchstone Survey results

    6/27/14 | Human resource services

    PwC is pleased to announce the availability of our 2014 Health and Well-being Touchstone Survey results. The 2014 survey data contains detailed benefits information provided by approximately 1,200 participating companies in 35 different industries across the nation.

  • In depth
    In depth: FASB revises consolidation accounting

    6/27/14 | Assurance services

    A new standard, issued in June 2014, eliminates the concept of a development stage entity (DSE).

  • Flashline
    Flashline - Week ending June 26, 2014

    6/26/14 | Assurance services

    This week's PwC update on financial reporting developments includes: Participate in the PwC/FEI revenue recognition survey... New entertainment and media industry supplement to In depth on final revenue recognition standard... The quarter close – Directors edition... Family Business Corporate Governance Series... and more

  • 2014 Revenue Recognition Survey

    6/26/14 | Assurance services

    PwC, along with Financial Executives International and their Financial Executives Research Foundation, are conducting a survey to gauge the impact of the new standard on companies’ financials and operations. The survey will also attempt to gauge any concerns companies have with the new standard and / or the transition timeline.

  • Corporate Governance Series
    The Quarter close: Directors edition Q2 2014

    6/26/14 | Center for Board Governance

    The Q2 2014 edition focuses on five IPO reminders for boards, FASB's new guidance on discontinued operations, and the Venezuelan exchange rates.

  • Meeting
    EITF Meeting

    6/26/14

    Meeting of the FASB’s Emerging Issues Task Force (EITF) - September 18, 2014.

  • Medical Cost Trend: Behind the numbers 2015

    6/26/14 | Health Research Institute

    The story of 2015 is a nuanced one. At first glance, the health sector appears to be reverting to historical patterns of bouncing back as the nation recovers from the economic doldrums. Whether spending more freely because of the improved economy or shopping with insurance provided through the Affordable Care Act, consumers triggered the first bump in growth in the first quarter of 2014. We expect that to continue through next year.

  • The valuation impact caused by changing times: Why economic obsolescence matters for retail companies

    6/25/14 | Assurance services

    Economic obsolescence can become a significant issue when a company has or is acquiring assets – such as store or restaurant locations – that generate separate identifiable streams of cash flows. This publication discusses factors that typically cause economic obsolescence and the potential impact, including illustrative examples and case studies.

  • Webcast
    Successful M&A integration: looking beyond the here and now webcast - July 24, 2014

    6/25/14 | Transaction services

    The most experienced dealmakers say they know what to do — and are reporting success. Successful integration needs to happen quickly and systematically as the period of time between deal announcement and deal close and the initial period post-close are critical to realizing quick wins and setting the course to deliver deal value over the long-term.

  • Corporate Governance Series
    What is a board's role in family business?

    6/24/14 | Center for Board Governance

    More and more family businesses are interested in corporate governance today. Many want to understand the value a board brings, and how to evolve their board to provide that value. This publication is the first in a series about family business corporate governance.

  • Webcast
    PwC's quarterly tax accounting webcast - Q2 2014 – July 8, 2014

    6/24/14 | Tax accounting services

    PwC invites you to join a panel of our Tax Accounting Services (TAS) specialists for a discussion of relevant tax accounting matters including the indefinite reinvestment assertion, the recently issued revenue standard, as well as regulatory and legislative development updates.

  • Flashline
    Flashline - Week ending June 19, 2014

    6/19/14 | Assurance services

    This week's PwC update on financial reporting developments includes:The quarter close — Second quarter 2014... Revenue recognition standard – New industry-specific supplements and upcoming webcasts... FASB amends accounting for repurchase agreements and enhances disclosures... FAF President discusses comparability of FASB and GASB standards... and more

  • Regulatory and standard-setting developments
    Regulatory and standard-setting developments - June 2014

    6/19/14 | Assurance services

    PwC's summary of recent activities of the PCAOB, SEC, and FASB, and related international developments that are of interest to audit committees and companies.

  • In depth: Revenue standard is final – A comprehensive look at the new model (Pharmaceutical & Life Sciences industry supplement)

    6/19/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged standard on revenue recognition. How will you be affected? This industry-specific supplement to our In depth publication highlights some of the areas that could create the most significant challenges for Pharmaceutical & Life Sciences companies as they transition to the new revenue standard.

  • In depth: Revenue standard is final – A comprehensive look at the new model (Retail & consumer industry supplement) (revised September 8, 2014*)

    6/18/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged standard on revenue recognition -- how will you be affected? This industry-specific supplement to our In depth highlights some of the areas that could create the most significant challenges for retail and consumer entities as they transition to the new standard.

  • In depth: Revenue standard is final – A comprehensive look at the new model (Automotive industry supplement)

    6/18/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged standard on revenue recognition -- how will you be affected? This industry-specific supplement to our In depth highlights some of the areas that could create the most significant challenges for automotive entities as they transition to the new standard.

  • In depth: Revenue standard is final – A comprehensive look at the new model (Engineering & construction industry supplement)

    6/18/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged standard on revenue recognition -- how will you be affected? This industry-specific supplement to our In depth highlights some of the areas that could create the most significant challenges for engineering and construction entities as they transition to the new standard.

  • In brief
    In brief: FASB amends repo accounting and enhances disclosures

    6/17/14 | Assurance services

    FASB amends accounting for repos-to-maturity and repurchase financings. New disclosures required for many transactions.

  • Webcast
    PwC and SAP 2014 Webcast Series - Globalizing Your Business with PLM, Six Lessons from the Field, - June 26, 2014

    6/17/14 | Advisory services

    In this webcast discussion we will review the important lessons on how Product Lifecyle Management (PLM) solutions can drive innovations to market, and how it should integrate with your current business model and infrastructure.

  • Video
    Discontinued operations

    6/17/14 | Assurance services

    PwC's Sara DeSmith, Matthew Brenner, and Stephanie Stewart discuss recently issued accounting guidance related to discontinued operations.

  • Video
    Tax function effectiveness

    6/17/14 | Assurance services

    PwC's Tim Lapetina and Steven Schaefer discuss the challenges of today's tax environment and how to make a strong tax function.

  • Video
    Top five IPO readiness tips

    6/17/14 | Assurance services

    Considering an IPO? Hear the top five top areas companies should contemplate, as shared by PwC's Mike Gould, Lee Vanderpool, David Bohl, Francesca Bellome, Brian Staniszewski and Alyona Teeter.

  • Quarter close
    The quarter close — Second quarter 2014: Publication and new video perspectives

    6/17/14 | Assurance services

    This edition updates you on recent FASB, SEC and other regulatory and corporate governance topics. Learn what's new now, and what to look for in the near future. We invite you to download our Q2 publication and view our new video perspectives.

  • Webcast
    Technology industry - Revenue Recognition Webcast Replay & Industry Supplement - June 25, 2014

    6/16/14 | Technology

    Join us for an expanded discussion on the specific impacts the new revenue recognition standard will have on the Technology industry. While the new standard will impact companies broadly, there are particular implications to Technology companies that deserve focus as companies plan for implementation.

  • Technology trends in land management: Geographic information systems

    6/16/14 | Energy & mining

    This publication presents PwC's land management team's point of view on the benefits of Geographic Information Systems and why land is a great place to start.

  • EITF observer
    EITF observer - PwC's synopsis of the June 12th EITF meeting

    6/16/14 | Assurance services

    The EITF met on June 12 to discuss three issues. PwC's EITF observer provides a summary of the decisions reached.

  • Assessing Tax 2014: Tax rate benchmarking study for industrial products and automotive sectors

    6/16/14 | Industrial products

    Assessing Tax 2014 provides a detailed analysis of tax rate metrics for 324 companies and highlights tax trends for aerospace and defense, automotive, chemicals, engineering and construction, industrial manufacturing and metals, and transportation and logistics companies. This issue includes a special report on the surge in international tax controversy.

  • In brief
    In brief: PCAOB adopts final standard on related parties and related amendments

    6/13/14 | Assurance services

    The new standard and amendments are intended to strengthen auditor performance requirements in three critical areas.

  • Flashline
    Flashline - Week ending June 12, 2014

    6/12/14 | Assurance services

    This week's PwC update on financial reporting developments includes: Introducing “In depth” (formerly Dataline): A look at financial reporting issues... In depth: The standard is final–A comprehensive look at the new revenue model... Upcoming webcasts on the new revenue standard... and more

  • Webcast
    Revenue Recognition Webcast & Industry Supplement - Engineering & Construction - June 25, 2014

    6/12/14 | Industrial products

    Join us for an expanded discussion on the specific impacts the new revenue recognition standard will have on the Engineering & Construction industry and download our E&C Industry Supplement.

  • In brief
    In brief: Development stage entity concept eliminated by the FASB

    6/12/14 | Assurance services

    The FASB eliminates incremental reporting requirements for DSEs and also amends the current consolidation guidance

  • 3D printing and the new shape of industrial manufacturing

    6/11/14 | Industrial products

    Manufacturers are observing how 3D printing (3DP) could disrupt manufacturing processes, impact the traditional supply chain, and increase the demand for the talent needed to apply the technology to their operations.

  • How grocers can get ahead for the future

    6/11/14 | Retail & consumer

    What customers want in tomorrow’s grocer isn’t all that different from what they want today. Based on the more than 1,000 customers we surveyed, the grocery industry’s future is centered around a simple yet targeted shopping experience that’s tailored to their needs. And while technology will play a more important role than it has historically, it will be just one component of connecting with clients. The grocery shoppers of tomorrow will want a shopping experience that’s tailored to their needs with custom coupons, convenience, and a selection of organic and ethnic foods, according to our new survey.

  • Webcast
    Revenue Recognition Webcast & Industry Supplement - Pharmaceutical and Life Sciences Companies - June 25, 2014

    6/11/14 | Pharmaceuticals & life science

    Join us for an expanded discussion on the specific impacts the new revenue recognition standard will have on the Pharmaceutical and Life Sciences industry and download our P&LS Industry Supplement.

  • Webcast
    Health and well-being touchstone survey results webcast - June 24, 2014

    6/11/14 | Human resource services

    The webcast will provide PwC insights and survey highlights related to emerging trends and future benefits strategies as well as provide benchmark information. Topics to be covered include: health, welfare and retirement benefits design, costs, contributions and funding, and benefits delivery (e.g. private exchanges) as well as related strategies around health and cost management, fringe benefits and broader well-being.

  • Webcast
    Acquiring innovation: Strategic dealmaking for a competitive edge webcast - June 25, 2014

    6/11/14 | Transaction services

    Technology companies have long relied on M&A to pursue innovation, gain top talent and build competitive advantage. In this webcast, we explore how leaders in other industry sectors can learn from technology company successes in acquiring innovation.

  • In depth
    In depth: Revenue standard is final – A comprehensive look at the new revenue model (Industry-specific supplements available)

    6/11/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged standard on revenue recognition -- how will you be affected? Accompanying this comprehensive In depth are the following industry-specific supplements with examples and further insights into ways entities within the industry are likely to be affected by the revenue standard: (1) aerospace & defense, (2) automotive, (3) communications, (4) engineering & construction, (5) entertainment & media, (6) industrial products/manufacturing, (7) pharmaceuticals, (8) real estate, (9) retail & consumer, and (10) technology.

  • In depth
    Introducing In depth (formerly Dataline): A look at financial reporting issues

    6/10/14 | Assurance services

    A lot has changed since our Dataline publication series was first introduced many years ago. We’ve recently reevaluated its overall purpose, content, and name. We’ve renamed our Dataline publication series to In depth going forward.

  • Webcast
    Entertainment & Media - Revenue Recognition Webcast Replay & Industry Supplement - June 16, 2014

    6/10/14 | Entertainment & media

    As part of our webcast series on the new Revenue Recognition standard, we invite you to join us for an expanded discussion on the specific impacts the new standard will have on the Entertainment & Media sector. While the new standard will impact companies broadly, there are particular implications to Entertainment & Media companies that deserve focus as companies plan for implementation.

  • Webcast
    Revenue Recognition Webcast: Communications industry - June 16, 2014

    6/10/14 | Communications

    Join us for an expanded discussion on the specific impacts the new revenue recognition standard will have on the Communications industry. While the new standard will impact companies broadly, there are particular implications to Communications companies that deserve focus as companies plan for implementation.

  • 2014 Conflict minerals filing review - Early insights from some of the largest companies

    6/10/14 | Assurance services

    Our benchmarking of some of the largest companies' conflict minerals filings provides insight into industry trends. We looked at 10 filings for each of the following industries: Aerospace & defense, Automotive, Industrial products, Retail, and Technology.

  • M&A snapshot
    Cross-border acquisitions - Post-acquisition considerations (M&A snapshot)

    6/9/14 | Assurance services

    In cross-border deals, buyers shouldn't underestimate aspects of a transaction that require attention post-acquisition.

  • Point of view
    Point of view - Sustainability reporting

    6/6/14 | Assurance services

    Sustainability reporting is a growing trend. Find out how leading companies are benefitting from increased transparency.

  • IFRS news
    IFRS news - June 2014

    6/5/14 | Assurance services

    This issue of IFRS news looks at (1) the IASB and FASB's new revenue standard, (2) IFRS 11, Joint arrangements, (3) IAS 16 and IAS 38 amendments, (4) leasing redeliberations, (5) conceptual framework discussions, (6) IASB equity accounting research project, (7) uncertain tax positions, and (8) Q&As: qualitative disclosures about risk.

  • PwC comment letter (ASB)
    PwC comments on clarified subject-matter specific attestation standards

    6/5/14 | Assurance services

    PwC supports the clarification and recodification of the attestation standards but identifies possible improvements.

  • Investors are focused on sustainability issues. Are you giving them the info they want to understand your company?

    6/5/14 | Sustainable business solutions

    Sustainability issues are a priority for today’s investors and will continue to become increasingly relevant as institutions seek to integrate environmental, social and governance (ESG) concerns in both current and future investment decisions. How prepared is your company to present a clear narrative to investors supported by good data?

  • Flashline
    Flashline - Week ending June 5, 2014

    6/5/14 | Assurance services

    This week's PwC update on financial reporting developments includes: In the loop: Reporting revenue — new model, new strategy?... Dataline: Revised standard significantly changes criteria for discontinued operations and disclosures for disposals... Webcast reminders: Revenue, EPS and IPOs webcasts next week... and more

  • Practical tip
    Practical tip: Parent company financial information when the registrant has a consolidated shareholders’deficit (No. 2014-03)

    6/4/14 | Assurance services

    This Practical tip provides guidance on how to calculate the threshold for parent company financial information when the registrant has a consolidated shareholders' deficit.

  • Analysis of tax developments worldwide - June 2014 edition

    6/4/14 | Global tax services

    This newsletter covers international tax issues including legislative changes, case law and treaty changes.

  • New FASB, IASB revenue recognition rules could have significant US tax implications

    6/3/14 | Washington national tax services (WNTS)

    The Financial Accounting Standards Board and International Accounting Standards Board have published their long-awaited joint revenue recognition standard.

  • Tax & Investment in the US: Key tax developments for global companies operating in the US

    6/3/14 | US tax services

    What tax issues are potentially affecting companies investing in the USA today?

  • EPA releases proposed regulations for carbon emissions from existing electricity generation units

    6/3/14 | Washington national tax services (WNTS)

    The EPA released proposed regulations under the Clean Air Act that would for the first time set carbon emissions reduction targets for existing US electric power plants.

  • In the loop
    In the loop: Reporting revenue — new model, new strategy?

    6/3/14 | Assurance services

    The new revenue recognition guidance is here…will it change how you do business?

  • Deeper insights for greater strategic value: Oracle Advanced Controls (GRC) Study

    6/2/14 | Risk Assurance

    GRC Technology has become an increasingly critical factor for driving value (i.e., recovering profitability, increasing efficiency, detecting fraud, etc.) and automating manual compliance and risk management activity in the enterprise. Organizations have increased their adoption of Oracle Advanced Control (“AC”) to improve the oversight of corporate governance, including financial reporting compliance, enterprise risk management (ERM), and related audits. To better understand organizations’ awareness and how organizations are using (or considering using) Advanced Controls technology to drive value in an enterprise, PwC conducted an Oracle Advanced Controls study.

  • Dataline
    Dataline: Discontinued operations - Revised standard significantly changes criteria for discontinued operations and disclosures for disposals (revised June 3, 2014*) (No. 2014-08)

    5/30/14 | Assurance services

    The FASB recently changed the threshold for reporting discontinued operations and added new disclosures about disposals. Read on for details and PwC observations.

  • Corporate Governance Series
    BoardroomDirect: Update on current board issues - May 2014

    5/30/14 | Center for Board Governance

    This issue of BoardroomDirect® includes an article about the meaning of risk appetite and the role the board and management play. There is also news about a Delaware court decision on fee-shifting bylaws, the new Venezuelan foreign currency exchange regime and an update on the 2014 shareholder proposals, the proposals for Audit Quality Indicators and the conflict minerals disclosure rule.

  • Corporate Governance Series
    Board oversight of risk: Defining risk appetite in plain English

    5/29/14 | Center for Board Governance

    Risk oversight continues to be top-of-mind for directors. One area that’s particularly important for boards to better understand is the company’s risk appetite. This publication defines risk appetite as it pertains to the board's oversight of risk management.

  • Webcast
    Initial Public Offerings process webcast - On demand (CPE-eligible) version available

    5/29/14 | Assurance services

    Companies often begin their preparations for going public well before they launch the IPO process. There are a number of common accounting and reporting issues that a company will face as part of the IPO process and related areas that are often the focus of SEC reviews. Watch a replay or participate in the on demand (CPE-eligible) version of this webcast.

  • Proposed regulations on the definition of real property for REITs

    5/28/14 | Asset management

    On May 9, 2014, the IRS released proposed regulations (“Proposed Regulations”) which are intended to clarify the definition of “real property” for purposes of the asset tests applicable to real estate investment trusts (“REITs”). The IRS’s expectation is that taxpayers will be able to utilize the additional guidance in the proposed regulations to analyze whether their assets qualify as real property in lieu of seeking private letter rulings.

  • Insights: Establishing a private foundation brings both responsibilities and rewards

    5/28/14 | US tax services

    For individuals contemplating substantial charitable contributions, private foundations may provide a structure to create a legacy of charitable giving.

  • Oil and gas land department practices

    5/28/14 | Energy & mining

    Oil and gas company land departments must manage increasing volumes of land data from which they must derive intelligence. Leading companies streamline the integration of land assets, have efficient land services functions, and generate business insight from land data.

  • Asset classes in the alternatives industry – What’s hot, what’s not

    5/28/14 | Asset management

    This document summarizes the issues discussed during PwC’s webcast, Asset classes in the alternatives industry – What’s hot, what’s not.

  • The Goldilocks syndrome: Tailoring packaged software so it’s just right

    5/28/14 | Financial Services Institute

    How to make the right customization and configuration decisions so your software can deliver the results you want.

  • In brief
    In brief: Revenue recognition - The future is here

    5/28/14 | Assurance services

    The FASB and IASB have issued their long-awaited converged revenue standard. Some change is expected for most entities.

  • Beyond compliance: Creating a new norm in gas pipeline leak management

    5/28/14 | Power & utilities

    In the new norm, leak survey is no longer viewed simply as a compliance activity—it is integrated with risk assessment, work identification, and investment planning to transform integrity management and enhance pipeline safety.

  • IFRS Interpretations Committee (IFRIC)

    5/28/14

    The IFRS Interpretations Committee is the interpretative body of the International Accounting Standards Board (IASB).

  • How to be No. 1: facing future challenges in the automotive industry

    5/27/14 | Automotive

    This PwC paper explains how strong brands and clear priorities are key if automotive OEMs and suppliers are to compete successfully.

  • Corporate Governance Series
    Five megatrends and their implications, directors edition

    5/23/14 | Center for Board Governance

    The concept of megatrends is not new, but megatrends today are more complex and interconnected. They have potential implications on business--now and in the future.

  • Corporate Governance Series
    Achieving excellence: Financial reporting oversight (Audit Committee Excellence Series)

    5/23/14 | Center for Board Governance

    This edition discusses the importance of press releases covering preliminary results, considerations for audit committees before releasing results, and tips for reviewing actual filings. It also includes audit committee considerations regarding financial reporting oversight.

  • Quarter close
    Venezuela exchange rates

    5/22/14 | Assurance services

    The reporting implications of three legal exchange mechanisms in Venezuela, each with a different exchange rate, are discussed by PwC's Stephanie Stewart, John Bishop and John Horan in a Special Edition of The quarter close.

  • Valuation multiples and purchase allocation trends

    5/22/14 | Transaction services

    What are the latest comparable statistics for mergers and acquisitions and active trades in the financial services industry? Check out PwC's quarterly valuation summaries for the Banking, Insurance and Asset Management sectors. Insights include: trends in market multiples, related transactions, and transaction benchmarking analysis.

  • Q1 2014 US technology deal insights

    5/21/14 | Transaction services

    Technology deals for the first quarter of 2014 started strong, continuing the momentum of the second-half surge of 2013. Equity markets remained near record highs and IPO activity remained robust in an improving economy. Software and Internet deals continue to dominate as cloud, mobile and data drive much of the industry focus today.

  • Q1 2014 US Health Services deals insights

    5/21/14 | Transaction services

    In the first quarter of 2014, the total volume of deals remained consistent with the same period in 2013; however, the value of announced deals rose 152% to $12.3 billion.

  • IPR&D acquired in a business combination – How many pieces?

    5/21/14 | Pharmaceuticals & life science

    This Pharmaceutical and Life Sciences Alert focuses on in-process research and development (IPR&D) in acquisition accounting.

  • Insurance contracts

    5/21/14

    The FASB and IASB have been jointly deliberating insurance contract accounting with a goal of issuing a single, high-quality global standard on insurance contract accounting. CFOdirect offers a roundup of PwC’s reports and insights on the insurance contracts project.

  • In the loop
    In the loop: How new accounting elections could affect your deal or IPO strategy

    5/20/14 | Assurance services

    In the loop is an executive-level series addressing important financial reporting and regulatory issues. Our first edition discusses how changes in private company accounting could affect future deal or financing strategies.

  • Webcast
    Hot topics in EPS Webcast - On demand (CPE-eligible) version available

    5/20/14 | Assurance services

    This PwC National Professional Services Group webcast on Earnings Per Share (EPS) highlights several current and recurring hot topics related to the calculation of earnings per share (EPS). Watch a replay or participate in the on demand (CPE-eligible) version of this webcast.

  • The future ain’t what it used to be: Why tier one investment banks need fundamental operating model changes

    5/19/14 | Financial Services Institute

    Investment banks today have their backs against the wall with cost and regulatory pressures. Read on to learn how shifting operating models can be the game-changing key to success.

  • Committee of Sponsoring Organizations of the Treadway Commission (COSO)

    5/18/14

    The 2013 COSO update to its Internal Control Integrated Framework, authored by PwC, helps refresh your internal controls for today's environment. Visit our COSO page for PwC's recent developments and videos, and links to key documents from the COSO (Committee of Sponsoring Organizations of the Treadway Commission) organization which is dedicated to providing thought leadership and guidance on internal control, enterprise risk management and fraud deterrence.

  • US Real Estate Insights: Spring 2014

    5/15/14 | Real estate

    This publication provides perspectives on the latest market and economic trends, regulatory activities and legislative changes affecting the real estate industry as well as informed views of the most current developments in operations, business strategy, taxation, compliance and financing.

  • Spectrum auction offers new opportunities for TV broadcasters

    5/15/14 | Entertainment & media

    The planned 2015 FCC auction of spectrum currently used for television broadcast across the United States presents a potential opportunity for broadcasters to monetize a valuable asset – their wireless spectrum – in a new way. Despite this opportunity, multiple concerns surrounding the auction exist including the costs, potential for business disruption, efficiency and effectiveness of such a broad initiative, and the potential impact to channel brand recognition.

  • Status of FASB standard-setting projects

    5/15/14 | Assurance services

    Review the expected publication dates for select FASB standard-setting projects on PwC's CFOdirect.

  • US Entertainment Media and Communications deal insights: Q1 2014

    5/14/14 | Transaction services

    The entertainment, media and communications (EMC) deal market is off to a strong start with a few high dollar deals announced in the first quarter. We cover the landscape of deals including private equity and cross-border deals, and dive deep into the emergence of Multi-Channel Networks (MCN) as the new hot property in the digital video space. We recap recent deal activity in the most active sectors, including: Broadcasting, Communications, Internet Related/Information Services, Recreation & Leisure and Film/Content.

  • US retail and consumer deals insights: Q1 2014 update

    5/14/14 | Transaction services

    Deal activity is off to a good start led by numerous large deals, and confirms our positive outlook for 2014. Core retail trade sales improved in March which may give some rise in optimism for the remainder of the year after a slow start. IPO activity moderates in the first quarter after coming off a strong performance in 2013. However, the R&C pipeline is the strongest the sector has seen in recent years.

  • M&A snapshot
    Cross-border acquisitions - Accounting considerations relating to income taxes (M&A snapshot)

    5/12/14 | Assurance services

    In cross-border deals, the acquisition of a foreign business can introduce complexities in accounting for income taxes.

  • Trendsetter Barometer™ Q1 2014 — Private companies' optimism fuels growth plans, including renewed interest in M&A

    5/12/14 | Private Company Services

    We spoke to over 200 private-company leaders about what they envision for the year ahead. They told us they're more optimistic about the economy, have ambitious revenue goals, and plan to hire new workers in 2014. Read our report to hear what else they're planning for the year ahead.

  • Evaluating environmental liabilities and their impacts on future earnings (Observations from the front lines)

    5/12/14 | US Capital Markets and Accounting Advisory Services

    Unexpected expenditures and accounting adjustments – like those arising from environmental obligations – can dramatically impact capital budgeting and future earnings. Companies have found that practices vary widely across sectors and both engineering and accounting expertise are critical in assessing environmental obligations.

  • In brief
    In brief: Consolidation - changes may affect all industries

    5/9/14 | Assurance services

    The FASB's consolidation project nears completion with more decisions made at this week's meeting.

  • Sustainable Supply Chains: Making value the priority

    5/9/14 | Advisory services

    Sustainability has been on the executive agenda for years and it’s now one of the fastest-growing supply chain management trends. More than two-thirds of 500 supply chain executives say it will play an important role in how they manage their supply chains through 2015. When PwC and APICS Foundation decided to explore what the people responsible for executing on these strategies would say about the topic, an interesting picture emerged. Thirty-nine percent of APICS members, the leading association for supply chain and operations, say company leadership is not providing the mandate, incentives, and resources to turn supply chain sustainability into action. Read this report to find out more.

  • Webcast
    Mergers & Acquisitions Webcast - May 20, 2014 - On-demand version available

    5/9/14 | Assurance services

    Did you miss our Mergers & Acquisitions webcast on Tuesday, May 20th? If so, you still have an opportunity to view the webcast and earn CPE credit through our on-demand version. This webcast features Beth Paul, PwC Strategic Thought Leader, Ravi Rao, National Office SEC Services Partner, and Dimitri Drone and Matt Sabatini, both Partners in our Transaction Services group. It covers accounting, financial reporting and valuation considerations in connection with the acquisition of a business.

  • IFRS news
    IFRS news - May 2014

    5/8/14 | Assurance services

    This issue of IFRS news looks at (1) IASB’s discussion paper on accounting for macro hedging, (2) integrated reporting, (3) IFRS in the US, (4) foreign exchange - a moving target, (5) revenue standard expected in second half of May, (6) IASB’s research programme, (7) leasing deliberations, and (8) Q&As: perpetual debt.