Shows
IFRS Talks - PwC's Global IFRS podcastDecember 2025: November 2025 IFRS IC UpdateIn this month’s episode, Anu Pandya is joined by Gary Berchowitz for an overview of the topics discussed at the November 2025 IFRS Interpretations Committee meeting. The new presentation and disclosure Accounting Standard, IFRS 18, was among the topics discussed.
2025-12-1023 minIFRS Talks - PwC's Global IFRS podcastOctober 2025: September 2025 IFRS IC UpdateHow are foreign exchange differences on intragroup monetary assets and liabilities classified under IFRS 18? And does an electricity retailer obtain substantially all the economic benefits from the use of a battery in an offtake arrangement? In this month’s episode, Anu Pandya is joined by Gary Berchowitz for an overview of the topics discussed at the September 2025 IFRS Interpretations Committee meeting as well as Gary’s aspirations as he joins the Committee. Find out more at PwC’s IFRS Talks homepage
2025-10-1327 min
PwC's accounting podcastYear-end toolkit: Reporting under IFRS Accounting StandardsIn each episode of our Year-end toolkit series, our guests share insights on key areas of the year-end accounting and reporting process. The conversations are relevant for all finance teams, even if it’s not year-end close time. And it’s relevant even for those not engaged in the company’s closing process – the episodes have something for everyone. In this bonus episode of our Year-end toolkit series, we share reminders and insights on IFRS reporting for companies that are getting ready to report in 2025. In this episode, we discuss:2:18 – Segment disclosures4:51 – Accounting st...
2025-01-3030 minPwC's accounting podcastIFRS financial performance reporting – The new landscapeThis episode provides an overview of the new standard from the International Accounting Standards Board, the IASB. IFRS 18 is the new standard on presentation and disclosure in financial statements, with a focus on updates to the income statement. This is a significant development in IFRS financial reporting - even companies not reporting under IFRS will want to be aware of these updates. In this episode, we discuss:1:10 – An overview of the new standard5:00 – Aggregation and disaggregation (impacting all primary financial statements and notes)9:00 – Structural changes to the statement of profit or loss...
2024-07-1838 minIFRS Talks - PwC's Global IFRS podcastNovember 2023 Global minimum taxIn this month’s episode, Laura Kennedy is joined by Andy Wiggins and Gary Berchowitz to talk about the OECD’s global minimum tax (aka ‘Pillar Two’ or ‘GLoBE’).Listen in for an overview of the rules, practical challenges, safe harbours, and accounting implications.
2023-11-0828 minPwC's accounting podcastIFRS update: Year-end reminders and outlook for 2024 and beyondAs the end of the year approaches, it is helpful to understand what is top of mind under International Financial Reporting Standards (IFRS) and what lies ahead from the International Accounting Standards Board (IASB).In this episode, Heather Horn was joined by Gary Berchowitz, a leader in PwC’s Global Assurance Quality - Corporate Reporting Services group, and Laura Kennedy, a director in the Corporate Reporting Services group, to discuss key reminders for year-end reporting under IFRS as well as some timely updates on new IFRS initiatives on the horizon.In this episode, you’ll h...
2023-11-0746 minPwC's accounting podcast2022 Year-end toolkit: IFRS focus areas for uncertain timesIn each episode of our Year-end toolkit series, our guests discuss key areas of the year-end reporting process – from closing the books to finalizing reports.In this episode, Heather Horn was joined by Gary Berchowitz, a leader in PwC’s Global Assurance Quality - Corporate Reporting Services group, to discuss the challenges and judgments needed under IFRS with regard to many of the hot button topics that we’ve been discussing in this series: Russia / Ukraine, inflation, and others key areas driven by today’s current environment.In this episode, you’ll hear discussion...
2023-01-2436 minIFRS Talks - PwC's Global IFRS podcastEpisode 126: Supplier Finance - February 2022Join Andrea Pryde and Gary Berchowitz for an update on the Supplier Finance Exposure Draft. The podcast explores the nature of these arrangements, what the exposure draft proposes, and PwC’s preliminary views on responding to the exposure draft.
2022-02-2113 minIFRS Talks - PwC's Global IFRS podcastEpisode 117: Agenda consultationGary Berchowitz and Hilary Eastman join Andrea Pryde to discuss their views on the IASB’s Third Agenda Consultation.
2021-10-0427 minIFRS Talks - PwC's Global IFRS podcastEpisode 115: Accounting for Cloud Computing ArrangementsGary Berchowitz, Rachel Rubenstein and Andrea Pryde discuss the costs relating to cloud computing and software service
2021-09-0613 minIFRS Talks - PwC's Global IFRS podcastEpisode 106: SPACsSpecial Purpose Acquisition Companies (SPACs) have been in the news a lot recently. Gary Berchowitz explains what a SPAC is and the accounting challenges relating to them.
2021-03-2216 minIFRS Talks - PwC's Global IFRS podcastEpisode 82: Presentation of the impacts of COVID-19Gary Berchowitz (PwC UK) looks at how entities are presenting the impacts of COVID-19 in their financial reporting? What are regulators allowing in terms of adjustments to non-GAAP performance measures? Are entities allowed to present a separate line item for COVID-19 in the income statement? And what does the IFRS guidance say? Find the answers to all of those questions in this latest episode.
2020-06-0914 minIFRS Talks - PwC's Global IFRS podcastEpisode 74: IAS 10, post balance sheet events and COVID-19Should entities incorporate the impact of COVID-19 in their Q1 2020 period end? Should you adjust the measurements of assets based on post balance sheet information? Is there a difference between an asset measured at fair value or a non fair value measurement. Gary Berchowitz and Ruth Preedy discuss all these questions in this latest episode.
2020-04-2218 minIFRS Talks - PwC's Global IFRS podcastEpisode 72: Government grants and coronavirus (COVID-19)Coronavirus (COVID-19) is having a significant impact on financial reporting. Gary Berchowitz (PwC UK) and Ruth Preedy (PwC UK) discuss some of the different government schemes aimed to support people and businesses. Are they all in the scope of IAS 20, Government Grants and if so how do you account for them?
2020-04-1015 min
The IFRS Foundation podcastIFRIC podcast March 2012Michael Stewart, Gary Berchowitz and Denise Durant give an overview of the issues discussed in the March 2012 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets—Determining when to recognise a liability for levies, IFRIC 12 Service Concession Arrangements—How to account for contractual payments made by operator under service concession arrangement, IAS 1 Presentation of Financial Statements—Presentation of expense for non-income taxes, IAS 12 Income Taxes—Accounting for the tax effects of market value uplifts allowed by new tax legislation for tax depreciation purposes, IAS 16 Property, Plant and Equipment/IAS 38 Intangible Assets—Revenue-based depreciation and amortisation, IFRS 11 Joint Arrangemen...
2012-03-1400 minThe IFRS Foundation podcastIFRIC podcast January 2012Michael Stewart, Gary Berchowitz and Patrick Le Flao give an overview of the issues discussed in the January 2012 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets—Determining when to recognise a liability for levies, IAS 28 Investments in Associates and Joint Ventures—Accounting for associate’s changes in equity, IAS 32 Financial Instruments: Presentation—Accounting for put options written over shares held by non-controlling interests, IAS 2 Inventories—Long-term prepayments for inventory supply contracts and Annual Improvements—Deliberation of comments received on exposure draft.
2012-01-1800 minThe IFRS Foundation podcastIFRIC podcast November 2011Michael Stewart and Gary Berchowitz give an overview of the issues discussed in the November 2011 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets—Determining when to recognise a liability for levies, IAS 19 Employee Benefits—Applying the definition of termination benefits, IAS 38 Intangible Assets and IFRIC 12 Service Concession Arrangements—Selection of amortisation method, IFRIC 15 Agreements for the Construction of Real Estate—Clarification of the meaning of continuous transfer and IFRIC 12—Payments made by the operator in a service concession arrangement.
2011-11-0400 min