What's new on PwC's CFOdirect: week of April 11, 2019

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PwC's weekly update on accounting and reporting developments, business news, and highlights from regulators and standard setters. Interested in receiving our weekly newsletter and alerts in your inbox? Sign up today.

PwC's accounting and reporting insights

You have questions? We have answers. Read our first batch of FAQs on the FASB’s new credit losses standard.

Read the FAQs

Before you finalize your quarterly reporting, learn 5 things about presenting non-GAAP financial information.

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Leases: Ongoing impairment considerations (post-transition)

With leases now on the balance sheet, could an additional impairment charge be required? We offer lease impairment insights for post-ASC 842 adoption.

Insurance: IASB agrees to proceed to an exposure draft to amend IFRS 17

At the April 9 meeting, the IASB discussed the total package of previously proposed amendments and addressed some additional clarifications to the standard.

Insurance: TRG continues discussions on IFRS 17 implementation

At the April 4 meeting, the Transition Resource Group (TRG) debated the definition, separation and measurement of an investment component in IFRS 17 and provided feedback on other submissions received.

On-demand: Q1 2019 Current Accounting and Reporting Developments webcast

Did you miss our quarterly webcast in March? If so, you still have an opportunity to view the webcast and earn CPE credit through our on-demand version.

More from PwC's industries and services

Financial markets Q1 2019 outlook

The markets rebounded in the first quarter as anxiety eased over the strength of the global economy, future growth rates, the adverse impact of trade negotiations, and the future direction of interest rates.

Recent legislative update: March 2019

This edition of our Global Equity Compensation Newsletter addresses recent tax and regulatory changes in various jurisdictions, including Canada, the European Union, New Zealand and the United States.

Q1 2019 Capital Markets Watch

US IPO markets in the first quarter of 2019 priced 30 IPOs, raising $7.6 billion, slightly below the Q1 average for the past five years.

Highlights from regulators and standard setters

  • April 10 FASB meeting (tentative decisions): (1) extending private company accounting alternatives on certain identifiable intangible assets and goodwill to NFP entities, (2) simplifications to accounting for income taxes, (3) financial instruments—credit losses—targeted transition relief, and (4) segment reporting

Contact us

Heather Horn

US Strategic Thought Leader, National Professional Services Group, PwC US

David Schmid

International Accounting Leader, National Professional Services Group, PwC US