09 December 2022

Have WACCs changed for December 2022 financial year ends?

Whether preparing or reviewing an IAS 36 impairment test for December 2022 year ends, careful consideration of the inputs into WACC-reliant discount rates will be of particular importance. PwC's new In brief publication considers whether it is appropriate to readily dismiss current economic trends from WACC calculations on the basis of being short term.

10 October 2022

Ethiopia and Sri Lanka are expected to be hyper-inflationary in 2022

Ethiopia and Sri Lanka are expected to be hyper-inflationary in 2022

05 October 2022

IFRS technical update video September 2022

This PwC IFRS technical update webcast covers global minimum taxes, amendments to IAS 1, ESG update, impact of rising inflation on interest rates and cash received via electronic transfer as settlement for a financial asset. The ACS Central Team provides some focused insights on hot topics for Q3 2022.

20 November 2020

Disclosure of IFRS 9 ECL model adjustments by banks in the context of COVID-19

Clear disclosure by banks of IFRS 9 ECL model adjustments will be key in the context of COVID-19. This Spotlight sets out the key IFRS disclosure requirements and practical considerations.

03 July 2020

Examples for reporting the impact of COVID-19 on going concern and subsequent events in financial statements

This publication considers the impact of COVID-19 on disclosures relating to going concern and subsequent events in financial statements, providing illustrative disclosures and examples of multiple scenarios.

05 June 2020

In the spotlight - COVID-19 long term contract accounting considerations

The COVID-19 pandemic has developed rapidly in 2020, with a significant global impact. Measures taken to contain the virus have affected economic activity, which in turn has implications for financial reporting.

13 May 2020

Banking - Post-model adjustments for expected credit losses during COVID-19

Banks calculate expected credit losses (‘ECLs’) under IFRS 9 using forward-looking judgements, models and data. Overlays, or post-model adjustments, are often used to address shortcomings where models or data have limitations. As a result of severe economic conditions and uncertainty arising due to coronavirus (COVID-19), there is an increased need to apply overlays in calculating ECLs. In this publication, we provide considerations that might be helpful in developing and monitoring such overlays.

12 December 2022

December 2022 year end reminders - IFRS and UK GAAP

This document relates to reporting requirements as at 31 December 2022. The first section on topical issues includes items that entities might want to consider for this year end split between: • Topical issues for all companies. • Additional topical issues for listed and / or large companies. The second part of the document includes the standards and interpretations that are newly applicable for 31 December year ends. The final part of the document includes the standards and interpretations that are effective in the future but as per paragraph 30 of IAS 8 might need disclosure of the possible impact of application if material.

20 September 2022

September 2022 year end reminders - IFRS and UK GAAP

This document relates to reporting requirements as at 30 September 2022. The first section on topical issues includes items that entities might want to consider for this year end split between: Topical issues for all companies. Additional topical issues for listed and / or large companies. The second part of the document includes the standards and interpretations that are newly applicable for 30 September year ends. The final part of the document includes the standards and interpretations that are effective in the future but as per paragraph 30 of IAS 8 might need disclosure of the possible impact of application if material.

17 June 2022

June 2022 year end reminders - IFRS and UK GAAP

This document relates to reporting requirements as at 30 June 2022.

17 June 2022

June 2022 year end reminders - IFRS

This document relates to reporting requirements as at 30 June 2022.

11 March 2022 | Updated 06 April 2022

March 2022 year end reminders - IFRS

This document relates to reporting requirements as at 31 March 2022. The first section on topical issues includes items that entities might want to consider for this year end. The second part of the document includes the standards and interpretations that are newly applicable for 31 March year ends. The final part of the document includes the standards and interpretations that are effective in the future but as per paragraph 30 of IAS 8, might need disclosure of the possible impact of application if material.

PwC IFRS Talks Episode 101: What do investors want to know about 2020?

Episode 101: Hilary Eastman talks us through what investors want to know about 2020. What disclosures are investors expecting to see about COVID-19 in 2020 financial statements? What are their thoughts on ESG reporting? And where would they most like to see improvements? Find out more in this latest episode.