PwC insight for CFOs and financial executives on accounting standards, financial reporting, and regulatory hot topics
A look at this quarter’s financial reporting news and developments
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FASB issues guidance on customer accounting for implementation costs
The FASB's updated guidance on the definition of a business is now effective for public companies. It determines whether a transaction should be accounted for as a business combination or asset acquisition. Listeners will learn more about the new definition and the impacts - both direct and indirect - on various areas of accounting.
Adoption of the leases standard just got easier. Check out the latest video in our Leasing series to see how lessors can avoid separating lease and nonlease components.
Our latest video summarizes the new guidance on customer accounting for costs to implement a cloud computing arrangement.
How will the existing accounting for guarantees interact with the new current expected credit loss guidance? Watch now to find out.
Watch our lessee operating lease video for how to calculate the initial lease liability and right of use asset, and subsequent accounting for an operating lease.
US Strategic Thought Leader, National Professional Services Group, PwC US
IFRS & US Standard Setting Leader, National Professional Services Group, PwC US
Heather Horn
US Strategic Thought Leader, National Professional Services Group, PwC US
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David Schmid
IFRS & US Standard Setting Leader, National Professional Services Group, PwC US
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