PwC's accounting podcast

Adam Kennedy, PwC's consumer markets finance leader, and Edward Ponagai, a partner specializing in back-office transformations, delve into the future of finance. They discuss the concept of 'terminal value,' exploring how top finance functions might be reaching the limits of cost-cutting. The duo emphasizes the transformative power of agentic AI in finance workflows, reshaping strategies and enhancing operational efficiencies. They also highlight the need for finance professionals to adapt through upskilling in this data-driven world, blending human insights with technology.

Elad Roisman, a former SEC Commissioner and current Partner at Cravath, and Lindsay McCord, a PwC National Office partner, dive into the shifting landscape of SEC reporting. They discuss the recent leadership transitions at the SEC, exploring how these changes impact regulatory priorities. Topics include crypto policy shifts, executive compensation reforms, and climate disclosure challenges. The duo offers practical advice for companies navigating this new SEC horizon, emphasizing the importance of stakeholder engagement and proactive compliance in a dynamic regulatory environment.

A video of this podcast is available on YouTube, Spotify, or PwC’s website at viewpoint.pwc.comWe're excited to share another video edition of our podcast on sustainability reporting—watch along as our sustainability specialists dive into the latest developments.Energy planning is a business issue, not just a utility issue. As the energy transition accelerates, the demands on power systems are rapidly evolving. In this episode, we explore how emerging technologies like AI are reshaping the grid, the impact of rising electricity demand, and how companies in every industry can manage the growing risks and opportunities in sustainable energy.In this episode, we discuss: 1:50 – How electricity is measured and why electricity demand is rising  5:53 – Grid vulnerabilities and strategies to energy planning 10:09 – Investment challenges: aging infrastructure, supply chains, and shifts in policy 20:51 – The potential and hurdles of advanced nuclear and hydrogen 26:40 – Managing peak demand through smart technologies, market design and policy 32:21 – How AI is driving energy demand and why cybersecurity is now critical for industrial systems 43:55 – What’s next: the role of solar, gas, and storage in a balanced grid Looking for the latest developments in sustainability reporting? Follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop for the latest thought leadership on sustainability standards.About our guestCasey Herman is a PwC Sustainability partner, leading a firmwide, cross functional team that assists companies with important ESG and sustainability matters. His team’s work spans from accurately reporting ESG data and progress to designing and implementing sustainable business strategies. Casey has more than 35 years of experience providing trust and consulting services to energy and utility companies.About our hostHeather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.comDid you enjoy this episode? Text us your thoughts and be sure to include the episode name.

Kevin Vaughn, a PwC National Office partner specializing in SEC reporting, and Raquel Fox, co-head of Skadden's SEC Reporting practice, dive into the intricacies of Form 8-K reporting. They discuss critical triggers and deadlines, emphasizing the importance of timely filings. Cybersecurity incident requirements are highlighted, alongside common pitfalls and materiality assessments. The duo also covers implications of acquisitions, changes in auditors, and best practices for earnings disclosures, ensuring public companies navigate the complex SEC landscape effectively.

A video of this podcast is available on YouTube, Spotify, or PwC’s website at viewpoint.pwc.comWe're excited to share another video edition of our podcast on sustainability reporting—watch along as our sustainability specialists dive into the latest developments.As sustainability reporting evolves, the GHG Protocol is undergoing its first major update in over a decade. In this episode, we break down the proposed revisions to the Corporate Standard, Scope 2 Guidance, and Scope 3 Standard—highlighting what changes are being considered, why they matter, and how they could impact future reporting frameworks. In this episode, we discuss: 2:26 – The significance of the GHG Protocol and the recent overhaul to its governance and standard setting process 8:58 – Key focus areas of the four technical working groups (Corporate, Scope 2, Scope 3, Market Instruments) 14:20 – Debates as to the starting point of emissions reporting: organizational boundaries  20:17 – Scope 3 reporting and integration into the Corporate Standard 24:53 – Complex judgments in reporting scope 3, category 15 (Investments): Financed emissions 28:41 – Scope 2 methodology updates: market-based versus location-based emissions 39:08 – New questions about market instruments and project-based actions 44:33 – Timeline for proposed updates and what stakeholders should do now Looking for more on GHG emissions reporting? Watch or listen in to our recent video podcasts on GHG reporting, Sustainability now: GHG measurement made manageable and Sustainability now: GHG reporting questions answered Check out our GHG podcast miniseries, Talking GHG, along with other Sustainability now episodes Read chapter 7 of PwC’s Sustainability reporting guide, Greenhouse gas emissions reporting Follow our series and subscribe to our weekly newsletter to stay in the loop Guest: Marcin Olewinski - PwC Assurance practice partnerHost: Heather Horn - PwC National Office Sustainability and Thought LeaderTranscripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.comDid you enjoy this episode? Text us your thoughts and be sure to include the episode name.

In this insightful discussion, guest Scott Feely, a partner at PwC’s National Office with deep expertise in SEC and financial reporting, dives into the complexities of pro forma financial information. He explores when pro formas are required, covering transactions like acquisitions and bankruptcies. Scott explains the significance threshold, the different types of adjustments allowed, and the presentation intricacies involved. He also discusses the auditor's perspective on these reports and offers practical reminders for compliance. A must-listen for anyone in capital markets!

A video of this podcast is available on YouTube, Spotify, or PwC’s website at viewpoint.pwc.comWe're excited to share another video edition of our podcast on sustainability reporting—watch along as our sustainability specialists dive into the latest developments. In this episode, we provide an update on the European Commission’s Omnibus package and what it means for sustainability reporting under the ESRS framework. From the formal delay in wave 2 and wave 3 reporting requirements to expected simplifications of ESRS standards, we explore the latest legislative and technical developments and what companies should anticipate next. Drawing on insights from the recent EFRAG meeting and our response to their request for comment, we also highlight how stakeholder feedback is shaping the evolving landscape. In this episode, we discuss: 1:19 – Overview of the EU’s omnibus package and its impacts to ESRS 3:00 – Legislative status of the “stop the clock” proposal and next steps for the content proposal 15:22 – EFRAG’s “actionable levers for substantial simplification” 18:38 – PwC’s response to EFRAG Questionnaire for Public Feedback: ESRS Set 1 Revision 31:39 – Status of proposed amendments to the EU taxonomy and advice for companies during this time of changeResources mentioned in today’s episode: Sustainability now: Insights from the first CSRD reports  In search of sustainable value: The CSRD journey begins PwC responds to EFRAG Questionnaire for Public Feedback: ESRS Set 1 Revision Looking for the latest developments in sustainability reporting? Refer to our publication on the EU Omnibus proposals along with our prior podcast episode, Sustainability now: Navigating “Omnibus” uncertaintyRead PwC’s Sustainability reporting guide Check out our sustainability reporting podcast series Guest: Diana Stoltzfus - Partner,  PwC National Office Host: Heather Horn - PwC National Office Sustainability and Thought LeaderTranscripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.comDid you enjoy this episode? Text us your thoughts and be sure to include the episode name.

Scott Feely, a seasoned Partner at PwC and SEC reporting leader, teams up with Liz Crego, the U.S. Deals Clients and Markets leader, to delve into the complexities of SEC reporting for acquisitions and divestitures. They discuss the current volatile M&A environment, the nuances of significance tests, and the intricacies of Form 8-K reporting. Listeners will gain insights into best practices for preparing carve-out financials and the operational challenges that can arise during these transactions. This conversation is packed with practical advice for navigating the demanding landscape of M&A.

Companies face growing uncertainty about clean energy tax credits, tariffs, and the related regulatory guidance. In this episode, we explore the current state of clean energy investments, evolving financing structures, and the complex compliance landscape shaping renewable energy strategies today. In this episode, we discuss: 1:19 – A refresher on the scope and objectives of the IRA 3:50 – How the administration change has affected clean energy projects and capital flow, including the role of new tariffs 14:59 – Complexities in prevailing wage, apprenticeship rules, and domestic content requirements 22:37 – Navigating guidance related to clean fuels and transferability of credits 33:33 – A look at positive outcomes like job growth, battery storage integration, and rising demand for renewables 33:36 – Strategic recommendations amid shifting policy, stakeholder expectations, and growing energy demands from AI Looking for the latest developments in sustainability reporting? Follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop for the latest thought leadership on sustainability standards.About our guest Randa Barsoum is a tax partner specializing in federal energy tax credits, advising on Inflation Reduction Act (IRA) tax credits, cost segregations, and fixed assets. Randa specializes in energy-related tax incentives and has been instrumental in guiding clients through the complexities of new tax legislation.About our guest host Guest host Diana Stoltzfus is a partner in the National Office who helps to shape PwC’s perspectives on regulatory matters, responses to rulemakings, policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the Professional Practices Group within the OCA.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.

Ryan Spencer, a seasoned partner at PwC's National Office, and Mike Bellin, who leads PwC’s US Capital Markets practice, delve into capital raising and the IPO process. They explore the current capital markets landscape, dissecting factors impacting IPO timing and investor interest. Key discussion points include public company disclosure obligations, the IPO process from S-1 drafts to roadshows, and the importance of a cohesive equity story. The duo shares insights on emerging growth company benefits and post-IPO capital raising options, arming listeners with essential prep strategies.