Did you submit a question during our Q2 accounting webcast? Even if you couldn’t join the webcast, you’ll find this episode helpful as we answer the most common questions on recent accounting developments. Tune in as Andreas Ohl, Jay Seliber, Suzanne Stephani, and Ryan Spencer join Heather Horn to address topics you need to know about, including:

• 1:10 - Impairment considerations. Andreas answers questions on how to determine the date of a triggering event—especially when there are a lot of negative events. He also covers some of the considerations when performing impairment testing for right-of-use assets. 
• 7:03 - Restructuring costs. Jay helps listeners understand the accounting for termination plans, and answers other questions that often come up when restructuring. 
• 13:34 - FASB guidance. Suzanne highlights FASB staff’s Q&A related to cash flow hedging. 
• 19:12 - SEC. Ryan discusses whether companies took advantage of the filing deadline relief in Q1 and if there is the potential for additional relief in Q2.

Andreas Ohl is a partner in PwC's National office where he focuses on mergers and acquisitions under US GAAP and IFRS. Andreas is chairman of the Business Valuation Standards Board at the International Valuation Standards Council, is a member of the working group that authored the AICPA's In-Process R&D guide, and has served as a member of the FASB's Valuation Resource Group. 

Jay Seliber is a partner in PwC’s National Accounting Services group with over 30 years of experience. He helps clients with their most complex accounting matters, particularly in the areas of revenue recognition, M&A, stock compensation, employee benefits, restructurings, impairments, and financing transactions.

Suzanne Stephani is a director in PwC’s National office with more than 20 years of experience assisting companies in resolving complex accounting issues. Suzanne specializes in the accounting for debt, preferred stock, leases, and cash flows.

Ryan Spencer is a partner in PwC's National Office specializing in SEC financial reporting matters. He has over 20 years of experience serving clients in the technology and life sciences industries and is a frequent contributor to PwC’s publications and communications.

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.