Our Full disclosure podcast series brings you back to the basics on all things related to financial statement presentation and disclosure, from the top of the financial statements through the footnotes.
This week we focus on the presentation and disclosure requirements for comprehensive income and stockholders’ equity. Tom Barbieri and Jay Seliber from our National Office are joining us again to share helpful insights and key reminders with our host, Heather Horn.
Topics include:
- 0:39 - Comprehensive income. Tom and Jay break down the presentation basics of comprehensive income and dive into the elements of other comprehensive income.
- 14:57 - Stockholders’ equity. We run through the requirements of presenting and disclosing the changes in stockholders’ equity.
- 20:02 - Preferred stock. Jay and Tom explain the nuances related to the balance sheet presentation of preferred stock.
- 21:55 - Other common areas. Lightning round! Heather quizzes our guests on presentation and disclosure rules for mezzanine equity, treasury stock, dividends, and contracts indexed to a company’s own stock.
- 34:22 - Standard setting. Jay highlights some new disclosure requirements from the recent standard setting on convertible debt and warrant modifications.
- 38:10 - Wrap up. Tom and Jay share their final advice for our listeners and key takeaways.
Want to learn more? Read:
Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.
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