PwC partners Heather Horn and Cody Smith have reviewed recent trends in National office consultations and provide helpful reminders for your year-end reporting based on the questions others have asked. Topics include:

• 1:00 - Key areas of focus. We start by giving an overview of the common areas where preparers run into problems, including revenue, liabilities vs. equity, and income taxes.
• 6:12 - Impairment of long-lived assets. Cody and Heather discuss the models and timing of impairment analysis.
• 17:30 - Cloud computing. Cody provides a refresher on the standard and what you need to be thinking about now.
• 22:47 - Disclosures. Cody shares a few big picture disclosure reminders based on accounting requirements and SEC and investor expectations. 
• 27:40 - Final reminders. While for many, the adoption of major new standards is at hand or behind them, there are standards effective in 2020 that preparers will need to consider. 

About our guest
Cody Smith is a partner in PwC’s National office with over 20 years experience who specializes in the accounting for business combinations and related areas, such as consolidations, disposals, impairments, and segment reporting.

About our host
Heather Horn is PwC’s National office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series, as well as periodic webcasts for the power and utilities industry. With over 25 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.