Day 1 - Corporate Reporting Forum

Global Trends, Local Impacts: A Macroeconomic Brief

Update on current macroeconomic trends, including global economic indicators and potential shifts in the market landscape.

Panel discussion: Navigating Macroeconomic Changes to Business Model Reinvention for Reimagining Value Creation

Building on insights from the update on macroeconomic trends, this session will focus on how businesses can reinvent their strategies to thrive in today’s dynamic environment and prepare for future changes. PwC’s leadership will offer diverse perspectives and actionable strategies for sustaining business success.

Navigating the Business Changes to Financial and Accounting Implications

Understanding the Financial Implications of Business Model Changes.

Analyze how shifts in global trends impact key accounting areas such as revenue recognition, cost allocation, asset valuation, and liability management.

Global disruptions, Trump’s tariffs and changing trade policies create immediate financial statement challenges - from supply chain costs to inventory valuations and asset impairments. You need clarity on how these policy changes translate into specific reporting requirements and considerations.

Climate-related pressures are driving fundamental changes to your financial reports. Carbon taxes, green levies, and sustainability mandates create direct financial impacts, whilst customer preferences accelerate the shift towards greener business models. Whether driven by regulatory requirements or market demand, your entity may need to implement carbon reduction strategies and transition to green energy sources.

These transformations reshape your financial reporting across multiple dimensions. When tariff barriers make certain markets less viable, alternative markets like the EU - with their stricter sustainability requirements - become more attractive, requiring your reporting to reflect new business models, green energy investments, and sustainability provisions. This isn’t just regulatory compliance - it’s your new financial reporting reality.

Understanding how these policy and market pressures translate into financial statement requirements and analysis isn’t just about compliance - it’s about competitive advantage.

Breakout session 1: (Please select session A, B or C)

Session A: Integrating AI into operation to enhance cost saving

AI-Driven decision making: Transforming strategy into cost efficiency

• Explore how AI can provide actionable insights for strategic decision-making, leading to significant cost reductions and improved operational efficiency

The future of cost-effective models

• Discuss the role of AI in automating routine tasks and processes to balance between business flexibility and controls including AI Governance, reducing operational costs, and allowing executives to focus on strategic growth areas

AI-Powered risk management

• Examine how AI can enhance risk and control management and optimizing resource allocation to minimize unnecessary expenditures including use cases

Breakout session 1: (Please select session A, B or C)

Session B: “Accountants ... the (sometimes) forgotten M&A gatekeeper”

The discussion will explore the roles of accounting and financial planning
departments and how it can create value in M&A.

1. See why accountants are the key players in every M&A transaction
2. On the Buy-Side: Accountants as builders, protectors, and narrators
3. On the Sell-Side: Accountants as truth-tellers and guides
   

In every M&A deal, the spotlight often falls on executives, lawyers, and bankers. But behind the scenes, accountants are the ones who hold the story together. They are the gatekeepers who make sure the numbers tell a clear and credible story of where the company has been — and where it is going.

This session will show why accountants are not just record-keepers, but storytellers and guardians of M&A success. Through real examples, we’ll explore how accountants shape both buy-side and sell-side transactions, and why their role is critical for investors, management, and the future of the company.

What you will gain from this session:

- See why accountants are the key players in every M&A transaction

a) How their role is different on the buy-side and sell-side.

b) Why their work gives credibility to the whole deal.

- On the Buy-Side: Accountants as builders, protectors, and narrators

a) Who builds the case – using financial insight to shape the deal story and test synergies.

b) Who protects the value – monitoring if the acquired business delivers as promised and flagging risks early.

c) Who narrates the story – showing through consolidated financial statements how the acquisition strengthens the company and inspires investor confidence.

- On the Sell-Side: Accountants as truth-tellers and guides

a) Who reveals the truth – preparing financials that show a fair, realistic picture of the business to be sold.

b) Who guides the future – helping the company see what its financial story will look like after the divestment.

Accountants may not be the leading actors in the M&A journey, but without them the story would be incomplete. They are the ones who write the “book” through the financial statements — the book that tells investors, regulators, and the public what the company has achieved and what it will become.

Breakout session 1: (Please select session A, B or C)

Session C: Navigating the Future: Upcoming Changes in Accounting Standards

Current changes

• TAS 1 - Non-current liabilities with covenants
• TAS 7 and TFRS 7- Supplier finance arrangements
• TFRS 16 - Leases on sale and leaseback

Upcoming Changes

• TAS 21 - Lack of Exchangeability
• TFRS 7 and TFRS 9
  • Classifying sustainability linked loan
  • Electronic cash transfer amendment

Stay ahead of the curve with PwC as we delve into the latest accounting standards coming into effect this year and their practical implications for your financial reporting. Our session will provide essential insights on critical topics such as the classification of liabilities with debt covenants — what key considerations should you be aware of? Develop deeper insights into supplier finance and how the improved disclosure requirements affect your financial statements. Learn how to recognize gains or losses and lease liabilities in sale-and-leaseback transactions involving variable lease payments that do not depend on an index or rate.

Looking ahead to the near future, we’ll also cover upcoming standard updates, including assessing whether a sustainability-linked bond meets the solely payments of principal and interest (SPPI) criterion — a rapidly growing area of interest. Gain clarity on electronic cash transfers and pinpoint the correct timing for derecognition of liabilities. Plus, for businesses engaging in foreign currency transactions with a currency that is not exchangeable into another currency, find out which spot exchange rates can be used.

Join PwC’s thought leaders and experts to navigate these evolving standards confidently, turning changes into strategic opportunities for your business. Don’t miss this opportunity to deepen your understanding and strengthen your financial reporting practices.

Breakout session 2: (Please select session D or E)

Session D: Integrating Cybersecurity with Financial Strategy: Empowering CFOs to Mitigate Cyber Risks Cost-Effectively

• Cybersecurity Risk and Financial Impact
  Explore how cyber threats impact accounting and finance through three case studies, illustrating the financial repercussions and highlighting the critical vulnerabilities these threats exploit

• The Role of CFO in Cyber Risk Management
  Highlight the CFO’s crucial role in evaluating and managing cyber risks by allocating budgets for detection and response technologies, and promote the understanding that cybersecurity is a concern for the entire business, not just IT.

In this session, attendees will explore how cyber threats affect financial operations and the pivotal role CFOs play in managing these risks, supported by case studies. Key discussions will address the biggest cybersecurity challenges organizations face and their impact on financial planning and resource allocation.

• What is the biggest cybersecurity challenge your organization has faced, and how did it impact your financial planning and resource allocation?
• How do you prioritize cybersecurity investments, and what metrics do you use to determine their effectiveness in protecting your organization’s assets from cyber attack (including detection and response)?
• How do you plan for cost efficiency to ensure that investments in reducing cyber threat risks are the most worthwhile?

Participants will also explore strategies for cost-efficient investments in cybersecurity, ensuring optimal resource allocation to safeguard business integrity. The session aims to equip attendees with actionable insights for maintaining financial stability and resilience in the face of cyber challenges.

Breakout session 2: (Please select session D or E)

Session E: ESG – ESG reporting and accounting implication

Development of ESG landscape and accounting impacts

• Overview of IFRS S1 S2
• Internal operations transformation
• Case studies from applying these standards in corporate’s disclosure
• Outlook of IFRS and other evolving standards

This panel discussion explores the development and impact of the IFRS S1 and S2 standards on Environmental, Social, and Governance (ESG) reporting and accounting. It covers an overview of these standards, challenges in integrating ESG into financial reporting, case studies, and future outlooks for companies adapting to evolving disclosure requirements.

The discussion begins with an explanation of the IFRS framework based on four pillars, focusing on the purpose and structure of S1 and S2 standards related to ESG reporting. Then, panelists will address the difficulties companies face when embedding ESG considerations into financial reports under these standards, highlighting perspectives from both ESG and accounting viewpoints. The conversation also covers how these standards are transforming the financial reporting landscape.

Attendees will gain insights into the integration of TCFD principles into IFRS S2, with panelists discussing examples from Thai and Australian companies, along with EU companies operating in Thailand. The panel will also consider anticipated developments in IFRS S1 and S2 and provide advice on preparing disclosures to meet evolving ESG standards

Development of ESG landscape and accounting impacts

• Overview of IFRS S1 S2
• Internal operations transformation
• Case studies from applying these standards in corporate’s disclosure
• Outlook of IFRS and other evolving standards

This panel discussion explores the development and impact of the IFRS S1 and S2 standards on Environmental, Social, and Governance (ESG) reporting and accounting. It covers an overview of these standards, challenges in integrating ESG into financial reporting, case studies, and future outlooks for companies adapting to evolving disclosure requirements.

The discussion begins with an explanation of the IFRS framework based on four pillars, focusing on the purpose and structure of S1 and S2 standards related to ESG reporting. Then, panelists will address the difficulties companies face when embedding ESG considerations into financial reports under these standards, highlighting perspectives from both ESG and accounting viewpoints. The conversation also covers how these standards are transforming the financial reporting landscape.

Attendees will gain insights into the integration of TCFD principles into IFRS S2, with panelists discussing examples from Thai and Australian companies, along with EU companies operating in Thailand. The panel will also consider anticipated developments in IFRS S1 and S2 and provide advice on preparing disclosures to meet evolving ESG standards.