This podcast discusses the balance sheet classification of supplier finance programs and the FASB's new disclosure guidance.
Every Tuesday in March, Suzanne Stephani is taking over the podcast to bring you the latest on different types of financing arrangements—from debt to leases to supplier finance programs—including how the current macroeconomic environment may impact the accounting.
In this episode, Heather Horn and Suzanne are joined by Bret Dooley, a PwC partner who leads our team advising clients on the accounting for financial instruments. Suzanne and Bret explain what supplier finance programs are, share insights on assessing the balance sheet classification, and break down the new disclosure requirements from the FASB that are now (generally) effective for calendar year-end companies.
In this episode, you’ll hear discussion of:
  • 2:32 - The broad range of supplier finance programs that exist in the market and why companies enter into them
  • 12:12 - Why classification on the balance sheet as either a trade payable or debt matters
  • 15:19 - Indicators commonly used in practice to assess classification and key judgments to consider
  • 32:42 - What’s required to be disclosed under the FASB’s new guidance and when
  • 38:58 - Final advice on thinking through the accounting and reporting for these programs

For more information on the accounting and disclosure of supplier finance programs, check out our Financial statement presentation guide.
About our guests
Suzanne Stephani is a director in PwC’s National Office specializing in the statement of cash flows, as well as the application and interpretation of the accounting guidance related to financing and leasing transactions.
Bret Dooley is a Deputy Chief Accountant in PwC’s National Office and the financial instruments accounting leader. He has over 25 years of experience specializing in the financial services, banking, and capital markets industries. Bret focuses on emerging financial reporting issues relating to financial instruments, developing interpretive guidance, and assisting clients in resolving complex accounting matters.
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. 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
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