In each episode of our Year-end toolkit series, our guests discuss key areas of the year-end reporting process.

PwC National Quality Organization leader, Tim Carey, joins us this week to kick off the series with his advice on dealing with the impact of broad macroeconomic issues, resolving complex technical issues, and staying ahead of the curve on the year-end close.

In this episode, our guests will discuss:

• 4:54 - Where to focus efforts for this year end 
• 16:15 - How to prepare for unexpected or unusual items
• 20:21 - The importance of re-assessing the adequacy of MD&A disclosures
• 22:50 - Why connecting the dots across functions is critical for managing issues  
• 31:54 - How to best manage the time between earnings release and filings
• 36:25 - Best practices for dealing with last minute issues and changes
• 39:07 - Tim’s recommendations for managing resources and promoting team success

Stay tuned for upcoming podcasts in our Year-end toolkit series and listen to our Q4 2022 Quarter close for further insights on the latest accounting, financial reporting, and regulatory updates to support year-end reporting. And for more information on presentation and disclosure requirements, check out our Financial statement presentation guide.

Tim Carey is PwC’s National Quality Organization leader, with 30+ years experience in complex accounting, tax and reporting issues. Tim has led large-scale teams on a wide range of projects including financial statement audits, transaction structuring, financial due diligence, and post-merger integration. 

Heather Horn is PwC’s National Quality Organization 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. With over 30 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.

Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected].

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.