PwC's accounting podcast

• Sustainability now: The EU Taxonomy Regulation gets simplified

  In this episode, we break down the amendments to the EU Taxonomy Regulation adopted by the European Commission in July 2025. Learn about the changes, what they mean for both financial and non-financial companies, and what may still be on the horizon. Plus, we’ll share practical steps companies can take as they prepare for implementation.In this episode, we discuss:1:10 – Overview of the EU Taxonomy Regulation and potential changes to come7:46 – Changes on the horizon for non-financial services companies17:14 – Major reliefs for financial services companies25:10 – Next steps for the EU Taxonomy Regulation and what companies can do nowLooking for more on the EU Taxonomy regulation and other Omnibus proposals?European Commission adopts revisions related to Taxonomy RegulationA deep dive into the draft Amended ESRSEFRAG’s next step toward revised ESRSNew reliefs for ESRS ‘wave 1’ reportersSustainability now: EU Omnibus in motion – August 2025 updateAbout our guestValerie Wieman is a PwC National Office partner with over 30 years of experience. She is one of the firm’s technical experts on sustainability reporting and helps lead the creation, development, and publication of our brand-defining thought leadership, with a focus on domestic and international sustainability requirements.About our hostHeather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected] you enjoy this episode? Text us your thoughts and be sure to include the episode name.

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• Sustainability now: Energy credits after the beautiful bill

  The Inflation Reduction Act introduced a broad range of renewable energy tax credits. Now, the One Big Beautiful Bill Act (OB3) has reshaped these incentives with new compliance requirements, shifting timelines, and selective phaseouts. In this podcast, we cover what’s changed, what’s stayed the same, and the implications for companies navigating the evolving renewable energy tax credit landscape.In this episode, we discuss:1:51 – Significant changes to energy credits from OB39:28 – Energy credit modifications, early sunsets, and what remains unchanged14:07 – New guidance for wind and solar industry clean electricity credits21:14 – Immediate actions for companies to maximize opportunities under OB3Looking for the latest developments in sustainability reporting? Follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop for the latest thought leadership on sustainability standards.About our guestJennifer Bernardini is a managing director in PwC’s Washington National Tax practice. She has over 20 years of experience implementing federal energy tax incentives that support the development of renewable energy and the climate transition.About our guest hostGuest host Diana Stoltzfus is a partner in the National Office who helps to shape PwC’s perspectives on regulatory matters, responses to rulemakings and policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the OCA’s Professional Practices Group.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected] you enjoy this episode? Text us your thoughts and be sure to include the episode name.

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• Who’s the accounting acquirer? Navigating new bus com guidance

  In this episode, we explain how to identify the accounting acquirer in an acquisition—an essential first step in accounting for a business combination. We also outline key changes in the FASB’s new guidance (ASU 2025-03, Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity) that impact this assessment.In this episode, we discuss:1:16 – Overview of business combinations and importance of identifying the acquirer6:12 – New FASB guidance applicable when the legal acquiree is a variable interest entity (VIE)10:33 – Factors to consider when determining the accounting acquirer17:35 – Effective date and transition provisions for adopting the new guidanceFor more information, see section 2.3 of our Business combinations guide.You may also be interested in our related podcast episodes mentioned during this discussion:Accounting for business combinations: Being prepared for a deal – discusses the foundations of acquisition accountingThe consolidation framework - Identifying a VIE – explores the evaluation of variable interests and the characteristics of a variable interest entity (VIE)Be sure to follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop.About our guestsRyan Blacker is a director in PwC’s National Office specializing in the accounting for business combinations and crypto assets. Ryan consults with clients and engagement teams on complex accounting and financial reporting matters related to these topics.Matt Sabatini is a partner in PwC's National Office who helps clients and engagement teams navigate the accounting and financial reporting for complex transactions. He specializes in the accounting for M&A, consolidations, corporate reorganizations, recapitalizations, joint ventures, and other investments.About our guest hostGuest host Diana Stoltzfus is a partner in the National Office who helps to shape PwC’s perspectives on regulatory matters, responses to rulemakings and policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the OCA’s Professional Practices Group.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected] Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.

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• Sustainability now: EU Omnibus in motion – August 2025 update

  A video of this podcast is available on YouTube, Spotify, or PwC’s website at viewpoint.pwc.comRecent weeks have brought notable progress on the European Commission’s Omnibus package. In this episode, we examine the key developments from July — including amendments to the EU Taxonomy regulation, EFRAG’s extended deadline, and major revisions to the European Sustainability Reporting Standards (ESRS). We also discuss the potential implications for businesses as the legislative process advances, including why “wave 1” reporters must stay alert even if the changes aren’t finalized yet.In this episode, we discuss:1:09 – July’s major EU sustainability developments 4:18 – Deadline extension for EFRAG revisions7:22 – The “quick fix” delegated act and wave 1 reporting relief13:55 – Major revisions to ESRS 21:38 – Status of the broader content proposal25:15 – Breaking down the EU legislative process and expected timelinesGet caught up on the EU Omnibus package:New reliefs for ESRS ‘wave 1’ reportersEFRAG’s next step toward revised ESRSEuropean Commission adopts revisions related to Taxonomy RegulationSustainability now: EU Omnibus in motion – June 2025 updateSustainability now: EU Omnibus in motion – May 2025 updateSustainability now: Navigating “Omnibus” uncertaintyLooking for the latest developments in sustainability reporting?Read PwC’s Sustainability reporting guideCheck out other episodes in our sustainability reporting podcast seriesAbout our guestDiana Stoltzfus is a partner in the National Office who helps to shape PwC’s perspectives on regulatory matters, responses to rulemakings and policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the OCA’s Professional Practices Group.About our hostHeather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected] you enjoy this episode? Text us your thoughts and be sure to include the episode name.

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• Revenue accounting reset - Presentation and disclosure

  We continue our revenue accounting podcast miniseries with an episode focused on presentation and disclosure. From balance sheet and income statement classification to required disclosures under ASC 606, we highlight key guidance and address key areas where questions often arise in practice.In this episode, we discuss:1:27 – Income statement presentation of revenue4:16 – Balance sheet presentation considerations related to revenue 9:38 – Overview of revenue disclosure objectives and the five primary disclosure areas:11:27 – Disaggregated revenue18:40 – Performance obligations23:26 – Significant judgments26:31 – Contract balances29:01 – Costs to obtain or fulfill a contractFor more information, chapter 33 of our Financial statement presentation guide. You can also listen to the other episodes in this series: Revenue accounting reset – Recognizing revenue Revenue accounting reset – Variable considerationRevenue accounting reset – Consideration payable to a customerBe sure to follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop.About our guestsChristine Moore is a director in PwC’s National Office advising audit and non-audit clients on complex accounting and financial reporting matters. She advises on revenue arrangements for public and private companies across various industries, with a focus on companies in the pharmaceutical and life sciences industry.Mike Coleman is a partner in PwC's National Office who specializes in accounting for revenue and software arrangements and has served technology clients for much of his career. In addition, Mike has represented the firm on the AICPA Software Task Force.About our guest hostGuest host Diana Stoltzfus is a partner in the National Office who helps to shape PwC’s perspectives on regulatory matters, responses to rulemakings and policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the OCA’s Professional Practices Group.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected] you enjoy this episode? Text us your thoughts and be sure to include the episode name.

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