Podcasts about pwc

The International Sustainability Standards Board (ISSB) has been working quickly through deliberations on its proposals to create a comprehensive global baseline of sustainability disclosures. Final standards are expected by the end of Q2 2023. But implementing an effective global baseline goes beyond simply setting standards – it requires a new set of capabilities, infrastructure, knowledge, and talent in economies around the world.How will this be accomplished? This week, Heather Horn was joined by Jingdong Hua, Vice Chair of the ISSB, and Mardi McBrien, Strategic Affairs Director of the IFRS Foundation, to discuss the topic of “capacity building” and how the IFRS Foundation is focused on bringing the global reporting community along the sustainability reporting journey.In this episode, you'll hear discussion of:2:29 - What capacity building means4:59 - How the ISSB is creating partnerships to advance its progress toward building capacity12:35 - The importance of interoperability across jurisdictions and regulatory frameworks17:50 - The ISSB's three-part capacity building framework26:21 - How the ISSB is bringing together stakeholders with varying interests for common goals28:40 - Expectations on timing of release of final ISSB standards and resources for companies to prepareWant to hear more about the ISSB? Listen to our previous podcasts on its fast-paced deliberations as well as PwC's responses to the ISSB exposure drafts. For more on how ISSB standards compare to other proposals, read our publication: Navigating the ESG landscape.Jingdong Hua is the Vice Chair of the ISSB. His role on the board is to develop and implement the ISSB's strategies to support and include stakeholders in emerging and developing economies as well as small and medium-sized companies. He is the former Vice President and Treasurer of World Bank, where he specialized in sustainability bonds and developed the world's first “green-bond.” Mardi McBrien is the Director of Strategic Affairs at the IFRS Foundation responsible for sustainability reporting. In this role she has played an active part in setting up the ISSB. Prior to the IFRS Foundation, Mardi spent over a decade leading the global ESG standard setter, the Climate Disclosure Standards Board (CDSB), in developing quality disclosure standards and thought leadership on environmental and social issues.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 us_podcast@pwc.com.

Every Tuesday in May, Jennifer Spang is taking over the podcast to share the latest on income tax accounting — recent global and US tax policy developments, standard setting activity, and tax accounting considerations related to common transactions, such as business combinations and spin-offs.To continue the series, Heather and Jenn are joined by Kassie Bauman, managing director in PwC's National Office, to share insights on income tax accounting for equity method investments.In this episode, you'll hear discussion of:1:31 - An overview of the equity method of accounting under GAAP for book purposes6:21 - Book versus tax basis differences and when to record deferred taxes on equity method investments8:52 - Income tax accounting implications when an investee becomes a subsidiary (or vice versa) through changes in ownership and control13:43 - Income tax considerations related to equity method investments in partnerships, including the “look-through” policy election and inside and outside tax basis differences25:45 - Final advice and common income tax questions on equity method investmentsFor more information, read our Equity method and Income taxes guides. Additionally, check out our prior podcasts, Part 1 and Part 2, on applying the equity method.Jennifer Spang is PwC's National Office income tax accounting leader, specializing in tax accounting under US GAAP and IFRS. She has over 25 years of experience helping companies in a variety of industries navigate complex tax accounting matters. Kassie Bauman is a managing director in PwC's National Office who consults on tax accounting under US GAAP and IFRS. Kassie has more than 20 years of auditing and accounting experience addressing complex technical accounting matters. 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 us_podcast@pwc.com.

With a multitude of ESG disclosure and reporting requirements coming into play around the world, it's easy to begin viewing sustainability as nothing more than a compliance and reporting obligation – something that must be done but that doesn't actually create value.But what if that perspective is limited? This week, Heather Horn was joined by Jamie Gamble, PwC managing director, to discuss how leading companies and their boards are viewing sustainability as an opportunity to reflect on the issues that are core to their businesses' value creation – and integrating these issues into their strategies to create sustainable, long-term value. This is what Jamie calls “sustainable value governance.”In this episode, you'll hear discussion of:3:20 - The marketplace factors driving demand for sustainable progress6:30 - How investors and other stakeholders are beginning to understand the long term value embedded in ESG issues14:54 - A four-part framework for sustainable value governance28:20 - How robust reporting for the board supports companies in making progress on the issues that drive sustainable value36:40 - How and why the finance function is playing a central role in the company's sustainability policy setting and reporting42:46 - The benefits that accrue to companies from having a clear, consistent process for identifying the sustainability issues that are relevant for their businessWant to hear more from Jamie? Listen to his previous podcast on governance in the SEC's climate disclosure proposal.Jamie Gamble is a managing director in PwC's Trust Solutions practice with over 25 years of experience focused on corporate governance, cybersecurity, workforce, and ESG-related issues. Before joining PwC, he was a litigation partner at a major law firm.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 us_podcast@pwc.com.

The transformation of ESG reporting accelerated in 2022 with the release of major proposals in the European Union (EU) and the United States (US), as well as globally by the International Sustainability Standards Board (ISSB).Although all of these proposals have the potential to impact multinational companies, the Corporate Sustainability Reporting Directive (CSRD) from the EU that applies to many multinational companies perhaps requires the most immediate attention. In this episode, Heather Horn brings you an audio version of our In the loop covering the CSRD. In this podcast, you'll hear:3:12 - Past, present, and future of EU sustainability reporting7:56 - Scope and timing28:54 - Reporting under the CSRD49:51 - Requirement for third-party assurance50:32 - Filing requirements of the CSRD59:42 - What's next?Refer also to the print version, Worldwide impact of CSRD - are you ready? Also, join our upcoming Q2 2023 Quarterly ESG webcast.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 us_podcast@pwc.com. 

Doug McHoney (PwC's International Tax Services Global Leader) is joined in Madrid by Edwin Visser, PwC's European Tax Policy Leader. Prior to joining PwC, Edwin was the Deputy Director General for Tax Customs Policy and Legislation and Director for Direct Taxes at the Dutch Ministry of Finance. One of the real challenges for tax professionals and advisors is the sheer volume of tax proposals from the European Union. Edwin and Doug discuss the numerous EU tax proposals, including the Carbon Border Adjustment Mechanism (CBAM), the Foreign Subsidies Regulation (FSR), Green Energy Credits, ATAD3. They also cover the EU's legislative process, flashback to the Common Consolidated Corporate Tax Base (CCCTB), then tackle Business in Europe: Framework for Income Taxation (BEFIT), the SAFE project, and the Debt-equity bias reduction allowance (DEBRA). They cap the episode with a check in on Pillar One and Pillar Two.

As fractured geopolitics, social tensions and global events unfold, we are presented with opportunities to strengthen trust among our stakeholders. It is more important than ever to build growth strategies that emphasize diversity, equity and inclusion, and motivate people to support the needs of our communities.   In this episode, Shannon Schuyler, PwC's Chief Purpose and Inclusion Officer, is joined by Carin Taylor, Chief Diversity Officer of Workday, to discuss how building trust through transparency and leveraging the right data can drive an equitable future for businesses, their people and communities at large. For the full transcript, please visit pwc.comAbout the podcast participantsShannon Schuyler is PwC's US Chief Purpose & Inclusion Officer - working to activate PwC's purpose to build trust in society and solve important problems and to create a fulfilling employee experience. Responsible for furthering diversity, inclusion and equity across the firm's workforce, she connects purpose with belonging to create an environment in the firm that celebrates identity and intersectionality as a way to drive innovation and business value.Shannon worked alongside US Chair and Senior Partner Tim Ryan to lead CEO Action for Diversity & Inclusion™, the largest CEO-driven business commitment to advance diversity and inclusion. In this role, she drove the strategy for engaging more than 2,400 company CEOs, academic institutions and associations.Carin Taylor is chief diversity officer at Workday and has global responsibility for the development and execution of Workday's inclusion and diversity strategy. Additionally, Carin serves on the board of Watermark, a nonprofit organization whose mission is to increase the number of women in leadership positions.Prior to joining Workday, Carin served as the head of diversity, inclusion, and innovation at Genentech where she was responsible for strategic initiatives including executive coaching, building and leading highly effective teams, and increasing employee engagement. She was also responsible for creating strategies to successfully recruit, develop, and retain diverse workforces as well as enabling large organizations to leverage diversity and inclusion to drive innovation. Before Genentech, Carin held various positions in human resources, inclusion and diversity, finance, and customer service at Cisco Systems.

  Maura Feddersen, behavioral research manager at Swiss Re, is an economist who previously worked in the economics team of two of the Big Four Accountancy firms: PwC and KPMG.   She got switched on to behavioral economics as “I always felt there was something a bit missing in economics. [Economics] assumes that people act quite rationally…and that was just not the case. Behavioral economics brings together the economics, as well as insights from psychology, to try to assess how humans really make decisions”.   This  fascinating episode with Maura, uncovers the lessons that FP&A teams can learn from behavioral economics to improve forecasting and the power of “knowing what knowing what you don't know.”   This episode includes      New research revealing that investors predictions are only slightly more accurate than a chimp How new forecasting methods improved accuracy at Swiss Re by 5% The cognitive biases we need to be aware of that undermine accuracy (such as the dangers of groupthink) Meryl Streep's Oscar nominations and your forecast confidence levels tested  How to try and manage cognitive bias The true economic impact of uncertainty in the global economy and in your business  The opportunities and limits of AI forecasting  Using RIO (Rational Impartial Observers) The biggest failure in her career Favorite Excel function Her biggest advice for someone starting out to get really good at forecasting    Further reading    Actuaries magazine: So You Think You Can Underwrite [Maura Fedderson]    Insurers, take heed of these 3 common forecasting fallacies [by Maura Feddersen]    Recommended books   Superforecasting: The Art and Science of Prediction Paperback - Philip Tetlock, Dan Gardner Nassim Taleb, The Black Swan, the Impact of the Highly Improbable    Annie Duke, How to decide   Adam Grant, Think Again, The Power of Knowing what you Don't Know    Daniel Kahneman, Olivier Sibony, Cass R. Sunstein, Noise: A Flaw in Human Judgment   Read the full transcript and blog Follow Maura Fedderson on LinkedIn YouTube video Follow Paul Barnhurst on LinkedIn   Follow Datarails on LinkedIn   FP&A Today is brought to you by Datarails.   Datarails is the financial planning and analysis platform that automates data consolidation, reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.   Get in touch at www.datarails.com   For AFP FP&A Continuing Education credit please complete the course via the Earmark Ap, must pass the quiz with 80% accuracy and send the completed certificate to pbarnhust@thefpandaguy.com for issuance of 1 hour of credit toward your AFP FP&A Certification.   

We have a breakdown of the week's top generative AI news stories and what they mean for the industry.  Today's hosts are Bret Kinsella, Voicebot.ai's Eric Schwartz, and industry analyst Jeremiah Owyang. The top stories just this week in a generative AI galaxy that is very, very near include: Unleashing a Synthetic Force Wes Anderson's Star Wars: In a galaxy not so far away, director Caleb Ward unleashed a one-minute cinematic masterpiece that sent millions of Twitter and YouTube users into a frenzy, dividing the fandom with the power of ironic humor. Aided by the formidable force of AI allies, Midjourney and ChatGPT, our hero Ward swiftly crafted this viral sensation destined to echo through the corridors of cyberspace. Augie Shoots for the Stars: In a realm where time is of the essence, an industry analyst harnesses the power of the enigmatic Augie to forge a captivating tale in a mere 15 minutes. This alliance breathes life into the epic saga of a brave girl's conquest of the big city, forging a triumphant path through adversity and ultimately, success. Stable Expansion to the Outer Rim The Rise of the Models: In a galaxy where AI reigns supreme, Stability AI unveils two powerful allies: Deep Floyd IF, a text-to-image wizard skilled in rendering text with unparalleled accuracy, and Stable Vicuna, an open-source chatbot prodigy trained through the ancient art of reinforced learning from human feedback. Cohere Looks for Clear Trade Lanes Star Words. The Text Awakens: In a sector riddled with fierce competition, Cohere's valuation soars to an impressive $2 billion amidst a cosmic $250 million funding round. As they forge their unique path among the stars, Cohere's unwavering focus on text-based LLMs and business-oriented applications sets them apart from the likes of OpenAI and Stability AI, giving them a chance to become the galaxy's leading alternative LLM option. The Enterprise Strikes Back Rise of the Generative Alliance: In a bold move to conquer the cosmos of generative AI, business services titan PwC prepares to invest a staggering $1 billion, joining forces with Microsoft's Azure OpenAI Service to revolutionize their business practice and usher in a new era of AI-driven solutions. Samsung Travels to the Galaxy of Corporate Caution: The tech giant Samsung bans the use of ChatGPT and other generative AI tools for work purposes, citing security risks while developing its own AI solutions in an ever-evolving battle for productivity and privacy. Disruption in the Workforce The Rise of AI Denial: In a galaxy not so far away, 62% of Earthlings foresee a great disturbance in the workforce due to the rise of artificial intelligence, yet mysteriously, only 28% sense the impact on their own fates. This perplexing phenomenon discovered by Pew Research, known as "AI Denial Syndrome," baffles minds across the cosmos. Rise of the Clones Alternate Reality: In the midst of an interstellar digital revolution, Tencent unveils a service for Earthlings to create their own deepfake "digital human" avatars for a mere $145, while rivals such as Synthesia charge a heftier fee and D-ID offers this for just a few credits. With this new power, social media influencers, small business owners, and professionals from all corners of the galaxy can create their own clone armies. A New Force Awakens: In a galaxy where TikTok rules the social media universe, the platform now tests its generative AI prowess, allowing users to create synthetic avatars from a mere handful of photos. These digital doppelgängers may soon populate the TikTok-verse, transforming the way all living things express themselves in the cosmic dance of creativity. The Chatbot Wars A New Life of Pi: A new droid has joined the cosmic conversational realm – Pi, short for Personal Intelligence, a creation of Inflection AI. This emotionally intelligent chatbot, infused with empathy and compassion, aims to transform the way we interact with artificial entities, but not all is as it seems. Bing Spreads Access to the AI Force: As the cosmic winds of innovation continue to blow, Microsoft's Bing AI Chat emerges from the shadows of its waitlist, unveiling its newfound powers of visual search and third-party plug-in integration. The galaxy awaits as these advancements promise to reshape the way intergalactic explorers seek knowledge and wield artificial intelligence. Interstellar Plugins and the UX Chronicles - In a galaxy not so far away, ChatGPT unveils 22 mighty plugins, bestowing users with the power of multimodal displays and real-time data. Yet, in this epic tale, our heroes grapple with the dark side of UX limitations as multiple plugins clash and "Incognito" mode remains elusive. This episode was originally broadcast live on YouTube. If you prefer watching so you can see the videos and other visuals, go to Voicebot's YouTube channel: https://youtube.com/@voicebotai. You can find the videos in the Synthetic Media and News sections or in the Live tab. While you are there, we'd appreciate if you gave us a Like and Subscribe. 

Every Tuesday in May, Jennifer Spang is taking over the podcast to share the latest on income tax accounting — recent global and US tax policy developments, standard setting activity, and tax accounting considerations related to common transactions, such as business combinations and spin-offs.To continue the series, Jenn shares insights on the FASB's recent exposure draft on improvements to income tax disclosures.In this episode, you'll hear discussion of:1:30 - An overview of the FASB's income tax disclosure project4:50 - The proposed disaggregated disclosures for cash taxes paid and the introduction of eight specific categories of reconciling items in the rate reconciliation 8:11 - The questions and areas of concern that have been raised by companies 15:18 - The judgment required in determining the categorizations in the rate reconciliation 19:24 - Other noteworthy proposed additions and deletions to the current required income tax disclosures22:51 - The expected effective date and transition requirements27:00 - Final advice for organizations as they assess the FASB's proposed disclosures For more information, read our publication on the FASB's exposure draft and check out a prior podcast on income tax disclosures.Jennifer Spang is PwC's National Office income tax accounting leader, specializing in tax accounting under US GAAP and IFRS. She has over 25 years of experience helping companies in a variety of industries navigate complex tax accounting matters. 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 us_podcast@pwc.com.

With so much focus on the SEC's climate disclosure proposal in the US this year, climate has taken the attention of many preparers – and for good reason. However, another topic, natural resources and biodiversity, is coming to the forefront as governments and companies begin to understand the size of the problem, both in terms of its potential impact on business and the potential impact of business on biodiversity. This week, Heather Horn was joined by Alan McGill, a partner in PwC's Global Sustainability, Reporting, Measurement and Assurance practice, and PwC Global sustainability topic team leader Andreas Ohl to discuss the measurement of and reporting on the topics of nature and biodiversity.In this episode, you'll hear discussion of:2:05 - The current state of company readiness to report on nature and biodiversity8:19 - How all types of businesses exhibit indirect dependencies on nature and exposure to nature risks14:08 - Measuring biodiversity-related value in your company's operations21:07 - Definition of natural capital and overview of its financial impacts30:11 - The importance to businesses in every sector of developing nature positive strategies36:21 - Assurance on data and metrics on nature and biodiversity topics45:43 - Final advice for organizations wanting to become nature positiveInterested in more background on the business value drivers inherent in nature and biodiversity? Listen to our previous podcast in this series, and check out PwC's global nature hub here.Alan McGill is a partner in PwC UK and is the Global Sustainability Reporting, Measurements, and Assurance Leader. With over 15 years' experience delivering sustainable business projects, Alan's work focuses on the impact of sustainability issues on business, and providing organizations with attestation services over their reporting on relevant sustainability issues.Andreas Ohl is a partner in PwC's National Office focused on thought leadership, standard setting, and mergers and acquisitions under US GAAP and IFRS. In addition to his US responsibilities, he leads the sustainability topic team for the PwC global network. Andreas is chairman of the Business Valuation Standards Board at the International Valuation Standards Council, is a member of the working group that authored the AICPA's in-process R&D guide, and has served as a member of the FASB's Valuation Resource Group.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 us_podcast@pwc.com.

Raising prices is a priority; NASBA extends time to complete CPA exam; Canopy now writes emails with AI; PwC to invest $1 billion in AI; staff not allowed to go to conferencesSponsorsCCH Axcess - https://cloudaccountingpodcast.promo/axcessZoho - https://cloudaccountingpodcast.promo/zohoKeeper - https://cloudaccountingpodcast.promo/keeperChapters (00:05) - Preview: Accounting is in a bad place (02:58) - We launched the Federal Tax Updates Podcast with Padgett and welcome to our guests (07:27) - Amanda, why was this tax season harder than last? (09:13) - Tell us more about the Padgett REtreat (10:41) - What are some ways to think about raising your prices? (13:44) - The accounting shortage is affecting cities getting credit scores (22:36) - NASBA extends the time to take the CPA exam to 30 months (24:48) - AI and its future in accounting (27:09) - Canopy integrates ChatGPT into their suite (29:09) - PWC to invest $1 billion over the next 3 years in AI (33:10) - How long do you think until smaller and midsize firms will be using AI (35:14) - Lili Bank promises one-button accounting (46:17) - Listener mail about staff not being given chances to go to conferences (49:02) - Are accounting students set up only for the benefit of the Big 4 firms? (53:16) - Wrap up and thanks for listening Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesChatGPT Fails When It Comes to Accounting, Finds Major Studyhttps://www.latestly.com/technology/chatgpt-fails-when-it-comes-to-accounting-finds-major-study-5078092.htmlKPMG Joins MindBridge in Global Launch of AI-Assisted Audit Techhttps://news.bloombergtax.com/financial-accounting/kpmg-joins-mindbridge-in-global-launch-of-ai-assisted-audit-techWhat Microsoft's Dynamics GP Announcement Means for the User Communityhttps://dynamicscommunities.com/ug/dynamics-gp-ug/what-microsofts-dynamics-gp-announcement-means-for-the-user-community/ ChatGPT is still no match for humans when it comes to accounting             https://phys.org/news/2023-04-chatgpt-humans-accounting.html Lili Claims Super App Status With New Accounting Platformhttps://www.pymnts.com/smbs/2023/lili-claims-super-app-status-with-new-accounting-platform/ Leading Financial Platform, Lili, Launches 'Lili Smart' to Integrate ...https://www.businesswire.com/news/home/20230418005500/en/Leading-Financial-Platform-Lili-Launches-%E2%80%98Lili-Smart%E2%80%99-to-Integrate-and-Consolidate-Accounting-Services-into-Small-Business-Banking KPMG signs AI deal to improve audit transparency            https://www.accountancydaily.co/kpmg-signs-ai-deal-improve-audit-transparency NASBA extends time to complete the CPA exam to 30 monthshttps://www.accountingtoday.com/news/nasba-extends-time-to-complete-the-cpa-exam-to-30-months Accounting Bachelors Degree Requirements: What You Need to Knowhttps://seaver.pepperdine.edu/blog/posts/accounting-bachelors-degree-requirements-what-you-need-to-know.htm ChatGPT: How AI will change law, finance, accounting and property ...       https://www.afr.com/work-and-careers/workplace/how-chatgpt-will-change-these-four-industries-20230328-p5cvzx Canopy Launches ChatGPT AI in Accounting Practice Management Softwarehttps://www.einnews.com/pr_news/629260399/canopy-launches-chatgpt-ai-in-accounting-practice-management-software Accountant shortage hurts city credit scores         https://fortune.com/2023/04/21/accountant-shortage-affecting-city-credit-scores/ Technology News | ⚡Study Finds ChatGPT No Match for Human When It Comes to Accountinghttps://www.latestly.com/quickly/technology/study-finds-chatgpt-no-match-for-human-when-it-comes-to-accounting-5078092.html PwC Stakes $1 Billion on AI Investments in Tax, Consulting Workhttps://news.bloombergtax.com/financial-accounting/pwc-us-partners-with-microsoft-in-1-billion-ai-investmentGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. 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Big changes are coming to ChatGPT OpenAI just announced two big updates to ChatGPT. The first is a soon-to-be-released subscription tier called ChatGPT Business. Designed for enterprises, the plan will follow OpenAI's API data usage policies. That means user data won't, by default, be used to train ChatGPT. The second is a feature that now allows ChatGPT users to turn off their chat history, which will prevent conversations from being used to train ChatGPT. We got a startling preview of how AI is going to impact politics In the U.S., the 2024 presidential election season kicked off with an attack ad generated 100% by artificial intelligence. The ad imagines a future dystopia where President Joe Biden remains in office after next year's results. The images, voices, and video clips are stunningly real and were created with widely available AI tools. And they foreshadow an election season where AI can be used by all parties and actors to generate hyper-realistic synthetic content at scale. At the same time, lawmakers in the U.S. and Europe signaled this week that they're taking more aggressive action to regulate AI. In the U.S., four major federal agencies, including the Federal Trade Commission and the Department of Justice, released a joint statement on their stance toward AI companies. The agencies clarified that they would not treat AI companies differently from other firms when enforcing rules and regulations. In Europe, the European Parliament has reached a deal to move forward on the world's first “AI rulebook,” the Artificial Intelligence Act. This is a broad suite of regulations that will govern the use of AI within the European Union. These include safeguards against the misuse of these systems and rules that protect citizens from AI risks. AI's major impact on big tech companies A recent round of tech earnings calls saw major companies like Microsoft, Google, and Meta displaying strong or better-than-expected results—and some of that growth was driven by AI. In Microsoft's case, Azure revenue was up 27% year-on-year and Microsoft said it was already generating new sales from its AI products. Google was less specific about its AI plans but committed to incorporating generative AI into its products moving forward. Reports have surfaced that Meta is playing catch-up to retool its infrastructure for AI but still saw an unexpected increase in sales in the past quarter.  At the same time, these companies face enormous pressure from shareholders to get leaner. Some have conducted layoffs already, with more expected to come. And they're all relying on AI to capture efficiencies. We saw a stark example of this in practice with a recent announcement from Dropbox that they're cutting staff by 16%, or 500 people. How should knowledge workers think about this? What steps should we be taking? Today's rapid-fire topics include Runway Gen-a for mobile, PwC invests $1 billion in generative AI, and AI and human empathy in healthcare, Replit's funding round, and Hinton's Google exit. Listen to the full episode of the podcast: https://www.marketingaiinstitute.com/podcast-showcase Want to receive our videos faster? SUBSCRIBE to our channel! Visit our website: https://www.marketingaiinstitute.com Receive our weekly newsletter: https://www.marketingaiinstitute.com/newsletter-subscription Looking for content and resources? Register for a free webinar: https://www.marketingaiinstitute.com/resources#filter=.webinar  Come to our next Marketing AI Conference: www.MAICON.ai Enroll in AI Academy for Marketers: https://www.marketingaiinstitute.com/academy/home Join our community: Slack: https://www.marketingaiinstitute.com/slack-group-form LinkedIn: https://www.linkedin.com/company/mktgai Twitter: https://twitter.com/MktgAi Instagram: https://www.instagram.com/marketing.ai/ Facebook: https://www.facebook.com/marketingAIinstitute

Every Tuesday in May, Jennifer Spang is taking over the podcast to share the latest on income tax accounting — recent global and US tax policy developments, standard setting activity, and tax accounting considerations related to common transactions.To kick off the series, Heather Horn and Jenn are joined by Pat Brown, the co-leader of PwC's Washington National Tax Services practice, to share insights on the OECD and the US minimum corporate tax legislation. In this episode, you'll hear discussion of:2:09 - An overview of OECD's Pillar Two model rules4:30 - The status of Pillar Two's enactment in various jurisdictions10:48 - The differences between the US corporate alternative minimum tax and the OECD Pillar Two minimum tax20:58 - The response from the FASB and IASB to the accounting implications of Pillar Two enactment27:45 - What companies can do now considering the uncertainty of enactment of Pillar Two37:54 - The different treatment of tax credits under the Inflation Reduction Act and Pillar Two 56:19 - Final advice for organizations on global tax policyFor more information, read our publications on what you need to know about Pillar Two, the responses from the FASB and IASB, and accounting for the Inflation Reduction Act. Jennifer Spang is PwC's National Office income tax accounting leader, specializing in tax accounting under US GAAP and IFRS. She has over 25 years of experience helping companies in a variety of industries navigate complex tax accounting matters. Pat Brown is PwC's Washington National Tax Services co-leader. Prior to joining PwC, he spent 16 years in the private sector, including a role as the director of tax policy for a Fortune 50 company. Pat has also served in the US Treasury's Office of Tax Policy as an attorney-advisor and as Associate International Tax Counsel. 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 us_podcast@pwc.com.

With Oscar Trimboli, an author, host of the Apple award-winning podcast Deep Listening and a sought-after keynote speaker. Along with the Deep Listening Ambassador Community, he is on a quest to create 100 million deep listeners in the workplace. Through his work with chairs, boards of directors, and executive teams, Oscar has experienced first-hand the transformational impact leaders can have when they listen beyond words. He believes that when leadership teams focus their attention and listening, they will build organizations that create powerful legacies for the people they serve – today and more importantly, for future generations. Oscar is a marketing and technology industry veteran working for Microsoft, PeopleSoft, Polycom, and Vodafone. He consults with organizations including American Express, AstraZeneca, Cisco, Google, HSBC, IAG, Montblanc, PwC, Salesforce, Sanofi, SAP, and Siemens. He is the author of how to listen - discover the hidden key to better communication - the most comprehensive book about listening in the workplace, Deep Listening - Impact beyond words and Breakthroughs: How to Confront Assumptions Oscar loves his afternoon walks with his wife, Jennie, and their dog Kilimanjaro. On the weekends, you will find him playing Lego with one or all his four grandchildren. Join us for this conversation where you will learn about the different qualities of listening, simple steps for doing better, key phrases you can use to demonstrate true listening, and what most people don't do when it comes to listening. To listen to our podcast and access the show notes, visit us at www.legalwebsitewarrior.com/podcast

In this episode, Mell talks about how she weathered the storms that she faced during her upbringing and how after her attempt at suicide, in the weeks and months to follow, how she started to see some hope. After much healing, Mell talks about how see can now look back and understand how everything happened for her, and how she is now using her experiences to serve humanity. Referred as The Deep Belief Hacker, Mell B loves to support high-performing, thought-changing entrepreneurs. By mastering her hypersensitivities, she's navigated to shores of calm, confident and happiness by sailing through her mind-storms. Her passionate personality combines spirituality and neuro-knowledge with the science of accessing our subconscious, to hack our belief systems with award-winning results. A far cry from her corporate, travelling Executive Assistant life, with CSIRO and PWC, she does however, carry the focus of project management and strategic outcomes into all that she does.Mell's favourite people seek bigger stages, those on the voyage of expanding their personal brand to global empires. She does this by teaching how to embrace and integrate intuitive, empathic-intelligence, into the work they do so they can consciously support humanity and the world.Connect with Mel here

Enroll to earn 1 hour of CEDo you get overwhelmed at tax time or find yourself digging through faded receipts that you intended to keep track of month-to-month? Self-proclaimed accounting nerd and CEO of Heard, Andrew Riesen joins me to help therapists master their finances! Whether you're a seasoned therapist or just starting out, we've got the financial considerations, mistakes, and mindset shifts you need to know.Highlights The most common financial mistakes made by therapists and how to avoid them Navigating separate bank accountsWhen to use software solutions and when to outsource your bookkeepingThe impact of money mindsetHow to reframe your finances to live a balanced and healthy life as a therapistAndrew Riesen is a mission-driven entrepreneur, financial accountant, and CEO of Heard, the financial back-office for therapists in private practice. Prior to Heard, Andrew worked at PWC, where he worked as a financial accountant, helped build an internal software incubator, and co-founded an affordable sales tax solution for small to medium-sized businesses. When not supporting mental health professionals in private practice, Andrew can be found exploring the nooks and crannies of the Pacific Northwest trail-running, cycling, or snowboarding, or at home with his nose in a book or journal.ResourcesHeard: Bookkeeping and Taxes for TherapistsConnectLinkedin @andrewriesenDr. Tamara SolesInstagram  @drtamarasolesTwitter @drtamarasolesFacebook http://facebook.com/drtamarasolestamara@thesecurechild.comdrtamarasoles.comSupport the ShowHelp us spread the word so others can enjoy it as well1. Leave a review on itunes/apple podcast 2. Share an episode on Social media. Be sure to tag me on it so I can see @drtamarasoles on facebook  twitter and instagramDr. Tamara Soles is approved by the American Psychological Association and the Canadian Psychological Association to offer continuing education for psychologists. Dr. Tamara Soles maintains responsibility for the program. Verify with your State or Provincial governing body to ensure APA and CPA-approved activities are eligibleFREE 1 HOUR CE Credit https://drtamarasoles.com/episode-38/

With so much focus on the SEC's climate disclosure proposal in the US this year, climate has taken the attention of many preparers – and for good reason. However, another topic, natural resources and biodiversity, is coming to the forefront as governments and companies begin to understand the size of the problem, both in terms of its potential impact on business and the potential impact of business on biodiversity. This week, Heather Horn was joined by Tom Beagent, a partner in PwC's Global Sustainability and Climate Change practice, and PwC National Office partner and Global sustainability topic team leader Andreas Ohl. They bring the vantage point of the CFO to bear on the topics of nature and biodiversity and highlight the drivers of sustainable business value embedded in these topics.In this episode, you'll hear discussion of:2:28 - Perspectives from conversations with CFOs on biodiversity and nature6:53 - Defining nature and the interconnected relationships among the economy, the value chain of business, and nature17:47 - Identifying nature- and biodiversity-related risks – and opportunities – in your company's operations19:28 - How market prices charged for using natural resources today may be well below the ultimate cost to the global economy25:13 - The differences between “Net Positive” nature and biodiversity initiatives and “Net Zero” climate policies34:26 - Investors' interest in natural resources and biodiversity, and the metrics companies can use to disclose their dependencies on nature46:56 - Where companies should start in contemplating risks and opportunities in this spaceInterested in more background on the main issues related to nature and biodiversity? Listen to our previous podcast in this series, and check out PwC's global nature hub here.Tom Beagent is a partner in PwC UK's Global Sustainability and Climate Change practice, specializing in integrating natural and social capital analysis into decision making for sustainable growth. With over 20 years' experience delivering sustainable business projects, he also co-developed PwC's Total Impact Measurement and Management methodologies (TIMM), which allows organizations to measure and value the social, environmental, economic, and fiscal impacts resulting from their operations, as well as their extended value chains. Andreas Ohl is a partner in PwC's National Office focused on thought leadership, standard setting, and mergers and acquisitions under US GAAP and IFRS. In addition to his US responsibilities, he leads the sustainability topic team for the PwC global network. Andreas is chairman of the Business Valuation Standards Board at the International Valuation Standards Council, is a member of the working group that authored the AICPA's in-process R&D guide, and has served as a member of the FASB's Valuation Resource Group.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 us_podcast@pwc.com.

Larry and Jeff speak with Wes Bricker of PwC about integrating the hobby into family time, and using the hobby as an outlet from the stress of business life. The hosts also delve into numismatic history to learn about changes in how new issues are marketed. 

7MA's Sydney Scadden, Nic Anderle, and Tyler Ratterree all have one significant thing in common - they sought internships to propel their careers. While in college, Nic had two internships - one at RSM, which gave him great hands-on accounting experience, and another at Copper Run, which ultimately swayed him to pursue an investment banking career path. With a plethora of internship experiences under his belt - in everything from commercial banks and their loan servicing departments to working in his college's admissions department - it took Tyler more time to discover his interest in investment banking. In fact, it wasn't until his internship at PwC during graduate school that he found his calling in deal processes. For many, like Sydney, the ultimate goal of an internship is to have the role transition into or lead to a full-time job, which is exactly what she achieved. Sydney was a summer intern analyst at 7MA before being hired as an employee. She went from setting up phone calls and meetings as an intern to leading the deals she had once watched unfold.On this episode of Deal Talk with 7MA, host Steve Sypek talks with three of 7MA's finest about their personal internship experiences, the benefits of internships in general, and how 7MA's own internship program can help young professionals hoping to break into the world of investment banking.

Doug McHoney (PwC's US International Tax Services Global Leader) hosts Matt Ryan, London-based International Tax Partner and leader of PwC's UK Pillar Two Ready Team. Doug and Matt discuss the second draft of the UK's Pillar Two legislation, the probable timing of enactment, the accounting implications, the UK's Qualified Domestic Minimum Top-up-Tax, and some of the ‘deviations' in the UK rules.

In This Episode How many closed loop city transit cards do you have lying around? If you are a traveller you have lots of these souvenirs as every city has its own transit card or way of doing things, Can open payments and better payment systems improve public transportation and bring the unbanked into the financial ecosystem? Aaron Klein, Senior Fellow, Policy Director, Center for Regulation and Markets, Brookings Institute, not to mention former US Senate Committee on Banking, Housing, and Urban Affairs, and US Dept of the Treasury, and Gillian Gillett, Program Manager, California Integrated Mobility, California Dept of Transportation (CADOT) think so. Listen as they share latest research and interesting insights, to include California's adoption of new payment rails for urban transport, with host Brett King. The faster the payment, the faster we move, with implications for EVs and business. Digital inclusion remains important as is reforming how we charge for micropayments. Our connect theme continues as we look at Fintech as a Service (FaaS) and Brett catches up with NayaOne, CEO, Karan Jain, former Westpac exec. NayaOne is helping transform how banks bring new products to market. They need only 'Connect Once' as the platform enables FI's, fintechs, regulators, and industry bodies to collaborate with a pre-vetted fintech marketplace. A 2020 PwC global study showed that 75% of banks are investing in developing a more customer-focused business model by collaborating with fintechs. Banks want these partnerships, but not everyone realizes innovation the same way. Banks need to be fintech friendly and ready. Culture is important and action needs to match words if banks want to be at the leading edge and make an impact for their customers. https://youtu.be/Ens-lMdv0AQ

When a big company fails due to fraud and it seems that a big audit firm dropped the ball, it won't be long until Steve Thomas shows up to sue their pants off. Caleb and Greg talk to Steve about how his career evolved from becoming a partner at a white shoe law firm to starting a specialty practice that sues audit firms that have failed to detect frauds, and winning big settlements for his clients.  SponsorsTri-Merit - https://ohmyfraud.promo/trimeritLearn More About Steven Thomas:https://tafattorneys.com/The beach-house lawyer calling big auditors to accountHOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/

PwC principal Kristen Michaud discusses her career path from biology to finance, and what she's learned along the way. In the latest episode of NeuGroup's Strategic Finance Lab podcast, Kristen Michaud, a principal in PwC's Finance Transformation group, joins NeuGroup's Julie Zawacki-Lucci to discuss what they've learned from decades in finance—and advice they wish they'd received earlier in their journeys. In the podcast, Ms. Michaud discusses her career path, beginning with a biology degree and possible plans for medical school—until her fascination with finance and technology took her to IBM, GE Capital and now PwC. Ms. Zawacki-Lucci compares notes with Ms. Michaud and shares her insights from a decade and a half working in treasury at CVS and Hasbro. And she talks about the benefits for some working mothers—including her—of remote and hybrid work models.

In this HCI Podcast episode, Dr. Jonathan H. Westover talks with Kathi Enderes about the new report out from the Josh Bersin Company, The Definitive Guide to Pay Equity: Increasing Productivity, Innovation, and Sustainability. Kathi Enderes (https://www.linkedin.com/in/kathiende...) is Senior Vice President of Research and a global industry analyst at the human capital advisory firm The Josh Bersin Company, the world's largest community for HR. She has over 20 years global experience in human capital, talent and performance management, and change management from consulting with IBM, PwC and EY and industry, working with companies of various sizes, from Fortune 50 companies to start ups, in multiple industries including technology and healthcare, and leading research on all topics of HR, talent and technology. She is passionate about making work better and more meaningful. Part of the LinkedIn Podcast Network #LinkedInPresents Further explore the topics discussed in this episode with the new HCIConsulting Chatbot: https://poe.com/HCIConsulting. Please consider supporting the podcast on Patreon and leaving a review wherever you listen to your podcasts! Go to HelloFresh.com/hci50 and use code hci50 for 50% off, plus your first box ships free! Check out CrowdHealth and start your free trial at joincrowdhealth.com and use promo code HCI. Check out the HCI Academy: Courses, Micro-Credentials, and Certificates to Upskill and Reskill for the Future of Work! Check out the LinkedIn Alchemizing Human Capital Newsletter. Check out Dr. Westover's book, The Future Leader. Check out Dr. Westover's book, 'Bluer than Indigo' Leadership. Check out Dr. Westover's book, The Alchemy of Truly Remarkable Leadership. Check out the latest issue of the Human Capital Leadership magazine. Each HCI Podcast episode (Program, ID No. 627454) has been approved for 0.50 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Each HCI Podcast episode (Program ID: 24-DP529) has been approved for 0.50 HR (General) SHRM Professional Development Credits (PDCs) for SHRM-CP and SHRM-SCPHR recertification through SHRM, as part of the knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™). Human Capital Innovations has been pre-approved by the ATD Certification Institute to offer educational programs that can be used towards initial eligibility and recertification of the Certified Professional in Talent Development (CPTD) and Associate Professional in Talent Development (APTD) credentials. Each HCI Podcast episode qualifies for a maximum of 0.50 points. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode of Beyond Consulting, we welcome Ihor Bauman, former consultant at PwC, and Founder & CEO at Workee.   Ihor joins us to talk about his career in consulting and his ambitions for starting his own business.   Each week, we speak with leaders in venture capital, private equity, investment banking, and consulting to explore the various career options after leaving management consulting firms like McKinsey, Bain, BCG.   Workee: https://workee.net/   ECA: https://www.eca-partners.com/   Beyond Consulting: https://www.eca-partners.com/podcast/  

Every Tuesday in April, Pat Durbin took over the podcast to share insights and go back to basics on some critical accounting areas, including contingent liabilities, subsequent events, and inventory.In this episode, Heather Horn and Pat are joined by Jay Seliber to discuss identifying whether a service arrangement with a public-sector grantor would be in scope of ASC 853 on service concessions. They cover the accounting challenges that are associated with private-sector enterprises operating public infrastructure.In this episode, you'll hear discussion of:1:54 - What a service concession is, and who and what is in scope of the ASC 853 guidance 14:22 - Common types of private-public service arrangements 18:30 - How to think about applying the revenue recognition model to these arrangements and challenges when there are multiple performance obligations and variable fees 32:24 - How to recognize different types of expenses under the guidance 39:25 - The development of the US GAAP guidance and a comparison to IFRS45:03 - Final advice when accounting for service concessions For more information, read the service concessions chapter in both our revenue recognition guide and our IFRS and US GAAP: similarities and differences guide. Additionally, listen to our revenue toolkit podcast miniseries.Pat Durbin is a Deputy Chief Accountant in PwC's National Office. He has over 30 years of experience consulting with our clients and engagement teams on complex accounting matters, including issues related to revenue, compensation, income taxes, and inventory under both US GAAP and IFRS.Jay Seliber is a partner in PwC's National Office. He leverages over 30 years of experience to help clients with their most complex accounting matters, particularly in the areas of mergers and acquisitions, revenue recognition, stock compensation, and employee benefits.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 us_podcast@pwc.com.

Four final bids have been lodged to buy Ruapehu ski fields, but time is running short for one to be confirmed in time to open this winter season. Ruapehu Alpine Lifts which ran the Whakapapa and Turoa skifields, went into voluntary administration last last year, owing tens of millions of dollars. The Ministry of Business, Innovation and Employment is reviewing the four bids which were finalised last week.But PWC Partner and Voluntary Administrator John Fisk says the MBIE process has taken longer than expected, and a watershed meeting with creditors, set for the 9th of May will need to be delayed. He says a planned season pass sale had to be deferrred because of the uncertainty, and he believes it will be very difficult to get a new operator in place for this ski season. John Fisk says it would be possible for PWC to operate the ski fields this winter, but that would require underwriting by the government.

Seven minutes of snippets from my conversation with Simon Boyle, the London-based change-maker and visionary behind the Beyond Food Foundation and Brigade Bar+Kitchen. In 2004, Simon began transforming the lives of London's homeless population through food and cooking.

The professional services firm EY reportedly spent hundreds of millions of dollars preparing to split itself into separate audit and advisory companies. Then earlier this month it abruptly called the divorce off. EY is not unique. All of the "big four" accounting firms - including PwC, KPMG and Deloitte - combine the stodgy traditional business of audit with a fast-growing free-wheeling consultancy wing. On this week's podcast, hosts Tom Lee-Devlin, Alice Fulwood and Mike Bird ask whether all four firms find themselves stuck in unhappy marriages. Professor Laura Empson of Bayes Business School retells how these one-time frumpy low-margin audit firms were beguiled by the glamour and big fees of corporate advisory work. Meanwhile Tom Rodenhauser, managing partner at Kennedy Research Reports, explains why the consulting units have now outgrown their auditing counterparts, and would do well to ditch them and go it alone.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

According to Estate Intel,  Cantonments has been ranked amongst Africa's most luxurious neighbourhoods, alongside Westlands in Nairobi, Kenya and Ikoyi in Lagos, Nigeria. Cantonments is certainly one of the most affluent neighbourhoods in Accra. It's home to popular schools in the city including Morning Star School, which is where I went, and GIS (Ghana International School). It's also adjacent to Labone, Osu and the famous Oxford Street.  It's also surrounded by some top restaurants, bars, hotels and companies in the city including Huawei and PwC which are located at Cantonments City. Cantonments is also home to many popular residential developments including AU Village, Cantonments city, Embassy Gardens developed by Clifton Homes and many more.  You also have a few of the high commissioners residing in Cantonments including The British High Commissioner, H.E Harriet Thompson. Adrian was fortunate to be invited to her private party in Accra in January 2023. The criteria used to assess these affluent African neighbourhoods included:Rental YieldsSales Price AppreciationDevelopment Pipeline and Expected CompletionsLand Price AppreciationForeign exchange stabilityConstruction costLet us know your thoughts! Join the conversation on our Social Media handles.Contact Maame at maame@thesoundofaccra.com if you are interested in investing in homes in Cantonments or prime areas of Accra, or if you would like to arrange a consultation on investing in Ghana. RATE THIS PODCAST ON APPLE OR SPOTIFYSOCIAL MEDIAYouTube: https://youtube.com/thesoundofaccrapodcastWebsite: https://thesoundofaccra.comInstagram: https://www.instagram.com/thesoundofaccra/Twitter: https://twitter.com/thesoundofaccraFacebook: https://web.facebook.com/thesoundofaccraLinkedin: https://gh.linkedin.com/company/the-sound-of-accraLISTEN TO THE PODBITES PLAYLIST BELOW https://www.youtube.com/watch?v=Igq4wrs_5Hk&list=PLJUVirAfWnNr5q62Yx-nambNdH2M25PnbSupport the showLISTEN TO MORE EPISODES BELOWhttps://thesoundofaccrapodcast.buzzsprout.com/ALL OF OUR OTHER LINKShttps://linktr.ee/thesoundofaccrapod

The professional services firm EY reportedly spent hundreds of millions of dollars preparing to split itself into separate audit and advisory companies. Then earlier this month it abruptly called the divorce off. EY is not unique. All of the "big four" accounting firms - including PwC, KPMG and Deloitte - combine the stodgy traditional business of audit with a fast-growing free-wheeling consultancy wing. On this week's podcast, hosts Tom Lee-Devlin, Alice Fulwood and Mike Bird ask whether all four firms find themselves stuck in unhappy marriages. Professor Laura Empson of Bayes Business School retells how these one-time frumpy low-margin audit firms were beguiled by the glamour and big fees of corporate advisory work. Meanwhile Tom Rodenhauser, managing partner at Kennedy Research Reports, explains why the consulting units have now outgrown their auditing counterparts, and would do well to ditch them and go it alone.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

With so much focus on the SEC's climate disclosure proposal in the US this year, climate has taken the attention of many preparers – and for good reason. However, another topic, natural resources and biodiversity, is coming to the forefront as governments and companies begin to understand the size of the problem, both in terms of its potential impact on business and the potential impact of business on biodiversity. Given the breadth of the topic of biodiversity, understanding the issues that it encompasses can pose a challenge for preparers.This week, Heather Horn was joined by Will Evison, director in PwC UK's Global Sustainability, Climate, and Nature Strategy practice, to continue the conversation on biodiversity in our series, “Becoming nature positive,” and provide a more robust understanding of the issues of land, water, and other nature topics.In this episode, you'll hear discussion of:5:14 - Why biodiversity is increasingly important to business14:25 - How current land development and agriculture practices contribute to biodiversity challenges26:04 - The differences between physical and economic water scarcity and how these impact business risks at a regional level37:13 - Examples of individuals' and businesses' choices that can have positive and negative impacts on nature40:49 - The differences between nature positive and net zero targets and goals47:21 - Advice to companies who are just getting started on understanding the issue of biodiversityInterested in more background on why companies are beginning to focus on biodiversity? Listen to our previous podcast in this series. Also check out PwC's global nature hub here.Will Evison is a director in PwC UK's Global Sustainability, Climate, and Nature Strategy practice, specializing in integrating natural and social capital analysis into decision making. With over 18 years' experience delivering climate and nature-related projects with businesses, investment firms and public sector organizations across more than 20 countries, he also led the development of PwC's Total Impact Measurement and Management methodologies (TIMM), and now manages PwC's global TIMM center of excellence. These methodologies utilize predictive analytics, health economics, and wellbeing techniques to model outcomes.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 us_podcast@pwc.com.

Seven minutes of snippets from my conversation with Simon Boyle, the London-based change-maker and visionary behind the Beyond Food Foundation and Brigade Bar+Kitchen. In 2004, Simon began transforming the lives of London's homeless population through food and cooking.

Jon Darbyshire had an ambitious vision - to build an accessible, intuitive platform that could revolutionize the world of software development. Little did he know that his journey would take an unexpected twist: the game-changing no-code platform, SmartSuite. Its powerful, customizable, cost-effective solution bridges the gap between disparate systems and engages the millennial and Gen Z workforce. Could SmartSuite be the key to unlocking efficient, streamlined workflows for businesses worldwide? In this episode, you will be able to: Discover the revolutionary impact of no-code platforms like SmartSuite on software development.Unleash the innovation and productivity of citizen developers in your organization.Learn about the benefits of SmartSuite's scalable and cost-effective solution for businesses of all sizes.Explore the data-driven approach to comprehending user needs and identifying popular features.Implement effective onboarding strategies to convert free customers into long-term paid subscribers. Jon Darbyshire is a seasoned entrepreneur and the founder of SmartSuite, a work management platform that aims to revolutionize the software development industry through its no-code approach. With a wealth of experience from his time at Ernst & Young, PwC, and founding Archer Technologies, Jon deeply understands the importance of efficient business processes. He is dedicated to helping small business owners streamline their operations and improve productivity by leveraging the power of no-code platforms like SmartSuite. Some areas we cover in this episode include: Evaluate no-code platforms like SmartSuite to streamline workflows and improve employee engagement and productivity.Consider implementing a work management platform that can manage any process from any industry on one platform.Utilize no-code platforms' resources and tutorials to help teams build their desired workflows.Engage with partners specializing in certain industries and geographies to implement no-code solutions.Explore using APIs, automation, and integrations within no-code platforms for further customization and integration with other products.Stay updated on the latest no-code and low-code technologies advancements to ensure your organization is leveraging the most efficient and effective tools.Ensure data security, integration, and a single source of truth across workflows by choosing a no-code platform with built-in access controls and collaboration features.Foster a collaborative work environment by adopting a no-code platform with a user interface for Millennials and Gen Z employees.Encourage employees to learn and adopt no-code tools for their day-to-day tasks, reducing the burden on IT teams and increasing overall productivity.Continuously review and optimize business processes using no-code platforms to ensure maximum efficiency and productivity.

Back in 2008, when Jim Cox was controller for investment management software company Advent Software, he was invited by that firm's founder and CEO, Stephanie DiMarco, to accompany her to an investor meeting. “I just sat there smiling and hoped that nobody would ask me a question,” comments Cox, recalling one of a number of experiences that he credits with helping him to step beyond his accounting career roots. The meeting's biggest take-away, Cox tells us, was about repetition. He explains: “Guess what? All 20 investors asked six of the same questions and two questions that were unique to them.” Looking back, Cox believes that DiMarco was providing him with an opportunity to not only develop a rapport with investors but also polish his communication skills. “When Stephanie brought me along, I think she was like, ‘Let's try this out,'" continues Cox, who stepped into Advent's CFO office in 2009, only 3 years after joining the company.    Cox had been recruited to Advent by a VP of finance who had formerly been a client of Cox's when he was an accountant at Pricewaterhouse.    “Be good to your clients,” advises Cox, who credits yet another client executive with encouraging PwC to relocate him to New Zealand for a 2-year stint. Asked about his early career's lengthy tenures at PwC (10 years) and Advent (9), Cox reports that he doesn't think that he missed out by not changing jobs more frequently. “You can stay at the same company, but it's about doing different things,” he comments. Today, having served in multiple CFO roles, Cox likes to measure his stint as Advent's CFO differently since its was publicly held: “I like to say that I was a public company CFO for 22 quarters—because when you're a public CFO, you live one quarter at a time.” –Jack Sweeney

Companies have been using artificial intelligence (AI) technology for years. But as AI rapidly evolves, it has the power to reshape industries and transform today's businesses. How can AI improve your business? What is Generative AI? What are the risks to consider? In this episode, Joe Atkinson, PwC's Chief Products and Technology Officer, is joined by Ramayya Krishnan, Dean of Heinz College of Information Systems and Public Policy at Carnegie Mellon University, to explore the evolution of AI, how it can unlock opportunities and the critical role ethics and responsibility will play in its success.For the full transcript and speaker bios, please visit pwc.com.

Doug McHoney (PwC's US International Tax Services Global Leader) is joined by Pat Brown, seven-time veteran of the podcast, and co-leader of PwC's WNTS practice. Pat has previously worked in the private industry for 16 years, including several years as a VP of tax and director of tax policy. After Pat chooses his most and least favorite CBTT podcasts, Doug and Pat discuss green energy credits, the Pillar Two Model Rules and administrative guidance, how the US and UK R&D credits compare under Pillar Two, refundable credits, transferable credits, the equity investment inclusion election, and qualifying flow-through tax benefits.

In this episode, Lai Chee Chiu and Ferry Timp — two members of the organizing committee of ISC23NL in Leiden, The Netherlands — talk to us about the event that will hold September 1-3, 2023.Hear details about the full organizing team and a bit of the history of ISC. Learn how they decided on Leiden for the event's location. Get a sneak peek of what to expect, what to do, and places to visit in Leiden. Prepare yourself for a festival vibe in this year's ISC!Sponsored by ConceptsThis episode of the Sketchnote Army Podcast is brought to you by Concepts, a perfect tool for sketchnoting, available on iOS, Windows, and Android.Concepts' vector-based drawing feature gives you the power to adjust your drawings — any time you like. You can nudge the curve of a line, swap out one brush for another, or change stroke thickness and color at any stage of your drawing — saving hours and hours of rework.Vectors provide clean, crisp, high-resolution output for your sketchnotes at any size you need — large or small. Never worry about fuzzy sketchnotes again.Concepts is a powerful, flexible tool that's ideal for sketchnoting.SEARCH “Concepts” in your favorite app store to give it a try.Running OrderIntroWelcomeWho are Ferry Timp and Lai Chee?Origin Story - ISC23 Leiden organizersWhy Leiden? What's exciting about ISC23NL?What's exciting about the city?Sponsor: ConceptsTipsWhere to find more about ISC23NLOutroLinksAmazon affiliate links support the Sketchnote Army Podcast.International Sketchnote Camp Website International Sketchnote Camp on Instagram International Sketchnote Camp on LinkedInSketchnote Army Slack Channel Check out the #isc23nl channel!TipsCarry along the right shoes because you'll need them for a walk around the city. There will be guided walks facilitated by the tourist bureau.Museum visits with the support from Leiden Convention Bureau.Canal boat trips. Bike riding around the town.Lots of pubs, restaurant, theaters, and small band performances.CreditsProducer: Alec PulianasTheme music: Jon SchiedermayerShownotes and transcripts: Esther OdoroSubscribe to the Sketchnote Army PodcastYou can subscribe to the podcast through iTunes, Google Podcasts, Spotify, Amazon Music, YouTube or your favorite podcast listening source.Support the PodcastTo support the creation, production and hosting of the Sketchnote Army Podcast, buy one of Mike Rohde's bestselling books. Use code ROHDE40 at Peachpit.com for 40% off!Episode TranscriptMike Rohde: Hey everyone, it's Mike and I'm here with my friends Lai Chee and Ferry Timp. How are you guys doing?Lai Chee Chiu: We're good, thank you. And you?MR: Doing well. Ferry doesn't know what to say. He's too—Ferry Timp: No. I was trying not to speak, the both of us at the same time, but I'm okay too. Thanks, Mike.MR: You're so welcome. The reason we have Lai Chee and Ferry on the call is they are some of the organizing team, there's more team than just them, organizing the International Sketch Note camp happening in Leiden in September of this year. We're super excited. I am attending the event. My flight is purchased, my hotel is booked. I'm excited to get back to the Netherlands. I think I was there in 2014 in Amsterdam and really had a great time, so, I'm excited to come back.And we thought it would be helpful on this episode to talk a little bit about the International Sketch Note camp. We can talk a little bit about history. Specifically, we'll talk mostly about Leiden and how the team was formed, why they decided to choose Leiden as the city, some of the benefits of Leiden, the things that they're excited about, and maybe some tips. I think we understand Ferry's got some tips around places to see if you are in the city.FT: I have the shirt already, so.MR: He's got the shirt, he's ready to go. For those who are listening, he's got a beautiful Leiden football team sweatshirt that he's wearing, representing the city. Let's get into it. Let's first start with—people may remember Lai Chee from a previous episode where she was focused on, but we may not know who Ferry is. Let's start with Ferry and then we'll go to Lai Chee, and tell us who you are and what you guys do.FT: Okay. Well, I'm Ferry from the Netherlands. I'm educated as a certified public accountant. I've worked for 12 years at PWC in the Netherlands. And after that, I decided that it was time for me for a next step so I started to work for the City of Leiden as an internal auditor, and I did that for seven years. Why did I end up at ISC and stuff like that?That's because in 2018, it was, I guess, I was looking for this powerful tool to communicate all my findings, because yeah, auditors are good at one thing, it's writing reports that no one can read. All these difficult sentences. I was really looking for how can I do this differently.I tried to find some nice images on Google, but if you find one, basically, something is missing in it. Then I discovered this amazing tool, and it was holding a pencil, start drawing again. It was really helpful in making simple and clear images of key messages.What I found out was that it was really nice to see how the other parties, like I was in the council, and they were trying to read my reports, but when I came back with just drawings, they were enthusiastic. They got immediately what I meant and it was very nice. That's why when I started with drawing and I never stopped.MR: Really great.FT: Just to keep it short because I don't do short very well.MR: Well, it's good to hear an accountant who's excited about using visualization.FT: Exactly.MR: The longer I'm doing this, I see more and more variety of people doing this work, which is exciting to me because when you do the principles and you put them out there, you don't know who's going to pick it up. You just assume for me, other designers just make sense. But beyond that, maybe teachers, but now I've got physicists and accountants and business people, and all kinds of other people, because I think we're visual creatures.I think it really helps. It provides another way to look at something, especially if the stuff you're doing is really important. If people are blowing off your reports and not really understanding them, they're losing value that they could gain so that's, you're helping communicate those ideas.FT: Exactly.MR: How about you, Lai Chee?LCC: I have a background in drawing, but I didn't do anything after school. At some point, I was looking for a team event and we figured out that I was drawing for business and pizza and beer. That was the perfect team event. That's what we did. And that was around 2016, I believe. And then we didn't do anything about it till I came across the de tekenende actors from the de betekenaar, where Ferry works at this moment.And I met Ferry there because we were taking the online course and joined the community together. We've been talking and drawing together ever since. He started to draw for work, and I started to draw for work. I'm currently a freelancer and drawing is a communication tool for me.I'm not a graphic recorder. I do graphic facilitation, but not recording. And it's just a way of taking notes. That's what we call sketch notes.MR: Exactly. Exactly. Well, that's really great. I wondered what the connection was between the two of you, and now it makes so much sense.LCC: We go a long way back now. Yeah.FT: We go a long way back, yeah.MR: That's pretty cool.LCC: But we also did face-to-face courses together.FT: Yeah. It was visual facilitation, four-day course.LCC: Yeah, visual facilitation.MR: Super nice. Tell me now a little bit more about the remainder of the team. I think there's three or four other people, I can't remember the number. You have a pretty relatively large group for an organizing team, which is great because you spread the load. I know the French team was a larger team. And I think that really helped them compared to, I think the first team in Hamburg was four.And then Luis had a partner that he worked with in Portugal. His advantage is that was his business, running workshops. He had that advantage. But if you're a team of people and you can spread it out across a lot that helps. Tell us about the other team members.FT: Shall I do it, Lai Chee?LCC: Yeah, sure.FT: Okay. We are in total with seven people, so besides us, it's five more. To start with there are two members that were originally the initiators of ISC23. Those are Claudia Unseld and Henk Wijnands. They started to look for others to join. I believe that Vincent Kober, he was the third one because he also attended last year in Poland, the ISC.He had asked for something like, "Is there a program, or how do you start such a thing and organizing?" He had asked Chris Wilson this question, like, "Is there something you can hand over?" And he was like, "No, there isn't." But the fact that he asked was for Chris, something nice to tell to Claudia, like, "Okay, Vincent is also looking for maybe the possibility of organizing."After that, I believe Lai Chee who also was there, was asked to participate. And Corine Matser, my colleague from De Betekenaar, she was also there in Poland. Then there was a group of five, and they thought, "Well, that's not enough. We need a couple more."And then Ingrid Nouwens, she's in the south of the Netherlands and New Henk already. So, Henk asked her. Corine came to me and said, "Ferry, we have this great idea, just a small project. Do you join us?" And I said, "Well, of course, I'll join. And then we had this team of seven. I don't know what you want me to tell more. I could go on for hours about that.MR: Well, I think it's good to state the names of the other team members. Everyone's working together. Again, I think that's great that you have a large team. It probably makes communication more challenging. Anytime a team gets larger, that just is a natural challenge, you can't avoid it. But the benefits are that you can spread the load which is really important for a big event like this.It's good to hear other names. Thank you everyone on the team for what you're doing because I know it's a lot of work. I've spoken to lots of these teams, and I know how much work it is. Maybe let's shift a little bit toward how did you decide? Was it Henk and Claudia, who made that first move? How did this all come about?And secondly, how did you choose Leiden? Because there's lots of cities in the Netherlands. Amsterdam being one, although probably expensive. Talk to us a little bit about that too. What led you to Leiden? Maybe we'll talk a little—let's let Lai Chee take this one.LCC: We all look in our own neighborhoods, and because Ferry worked in Leiden, he knew Leiden pretty well so he came up with Leiden but I, of course, was with them and who came along. Claudia and Vincent don't live in the Netherlands. Those are the cities that we choose from. And then of course, we looked at the cost, but also what happens when we don't sell the tickets, so till when can we cancel, those conditions. The PLNT in Leiden was so enthusiastic, and they really, really convinced us, and the price was good and also the services and the whole team is thinking with us. There was just actually a no-brainer too—it was quite simple, right?FT: Yeah. Agreed. Agreed.MR: It sounds like Amsterdam really never was an option. Is that mainly because of cost? I mean, you get the advantage. The beautiful thing about Leiden, from my perspective, looking from the outside, is it's just a train ride from Amsterdam. So, I can fly into Amsterdam, I can get good rates on my flights, and then simply hop on a train or whatever, and then make my way to the Southwest, and here I am. To get the benefits of Amsterdam without the chaos of Amsterdam, maybe, I don't know, or the pricing.FT: Yeah, I guess that's—LCC: But it's also practical that you have someone who knows the city very well.MR: Yes. Yes.LCC: Of course, we've been in Amsterdam, but we know our own city the best.FT: I get lost in Amsterdam.LCC: Yeah, me too.MR: Well, that's good to know. And I think that's an interesting pattern as well. Thinking all the way back to Hamburg. Not all the team members were from Hamburg. I think they had two who were local. Who knew the city, they knew they could talk to venues, they knew the place. They found this really cool place that was reasonable. All those things had to line up. Same thing with in Portugal, Luis knew places that he could go.Same thing with Paris. Many of the members on that team were with BNP Paribas. They found out that everybody's on holidays in France in August. We have this beautiful meeting center we can get access to. Again, I think that's really important. Is there someone there locally who—'cause there's also logistical things, right?Like, who's gonna order the bread to show up at three o'clock? Or who's gonna make sure the coffee is there or the whatever. I'm sure there's all these questions, and having somebody local who knows the city and knows people there, it's really important. So that's good to hear.Maybe what we could talk about now, and I'll point this one at Ferry and then Lai Chee, is what has you excited about this version of the ISC in Leiden? What's the thing or things that you're most excited looking forward to? Is there some part of it that you're excited about? We'll start with Ferry and then we'll go to Lai Chee after that.FT: Cool. It's cool. What's not to be enthusiastic about at the moment? Because at the beginning when you start organizing this, then it's all like these things, like, okay, are we a team? And the second question is, do we want to go for this? Do we have dates that we're aiming at? After that it's like, can we do it? Can we find a venue? Can we find a caterer? How does the budget look like? Do you think we can do it?Those are all very important questions, but it's also like, yeah, it's tough to get there and it's also I think, the most boring thing. Right now we are on this train. We have all these ideas about how do we want to organize it. You see at our backgrounds if you're not just listening to us, but see us on the screens, on YouTube, then you can see like we want to go for this festival vibe.And I think that's something really cool because for me, ISC, I've never been there. I was planning on twice. The first time that I wanted to be part of it was the online version in Brussels, but then life happened. The last time, I was all set up to participate and something happened. I don't want to talk about it right now, but yeah, that's what happens. For me, it's like really to meet all these like-minded people, to learn together, to be inspired, to get new ideas. That's what I like about it.This year in our team, we are all really an enthusiastic about what can we do next to it. Because a lot of us have attended to previous editions and they're very enthusiastic about what you guys did there. But then it was also like, "Okay, can we do a next step? How can we make the connection more or professionalize a little bit?" I think Lai Chee is going to mention something about that later on.For me, this festival thing, to do it slightly different. To ask Mike Rohde to come to it and to let us present him as a rockstar. And now we have a second rockstar, Ben Crothers is going over to the Netherlands. That's so nice. And just to get the excitement about this and all these ideas that start to pop up, because it's in Leiden, it's in the Netherlands.We want to go outside when we're there because Leiden is a rich city with a lot of ancient buildings. There's an old castle on a hill in the middle of that old ancient city center, so let's go out. But then again, it's the Netherlands, because, you know it's September, it could rain. So like, festival vibe maybe have some ponchos over and pimp your poncho workshops. I don't know, we go crazy like that.But in the end, it's not all just about having fun, it's about connection, it's about learning new things. Also, the rockstars we get, we want to see if we can deepen more on the field of visual thinking, working with a pencil, sketchnoting. That's for me. Lai Chee.LCC: One thing that we all had in common is how can we go to the next level. Many of us are already couple of years. Even if you are a newbie, you watch some videos or things. You have an idea what this is about. But what we all felt a little bit is that often people think it's some sort of a hobby that we have, and don't even realize that we have really jobs next to it.Some of us are accountants or consultants or teachers or whatever. And if you bring a group together like that, then you have massive brain power. So why don't we use it and why don't we see how can we help each other? I know a couple of people, Ferry knows a couple of people, or you probably know a lot of people, but do we also know who can complement us?So, if I need someone or certain skill, I know what Ferry is capable of so if I miss that skill, I know I can come to him. There are so many sketch noters. I don't know what the talent is for people. So, we came up with a theme. So that's the past, the present, and the future that will go through the whole event but also nourish and flourish.Even if you're a newbie, so what do you need to nourish your skill and what is the future? Especially with the AI and all the technology coming up, so what does that mean for our things and how can we embrace it? This is also why our theme is also key to discover new horizons because the world is changing and it's changing very, very fast. What does that mean for us? Not only for sketch noters but also all the occupations and professions we have. That's a little bit what we are trying to do. So, the past, present, and the future.MR: I really like this idea. I would describe it as a holistic festival. So, you're not just doing one thing, like a narrow thing just for professionals. If you're not professional, don't come. Like, it's not that. It's, we have a professional thing. If you're doing it for fun thing, we're expanding your thinking. We're having you think about the future, we're not forgetting the past, like all these things, we're having fun. That's exciting. That makes me wanna come even more. That it's gonna be a fun event.LCC: I hope so.MR: Being part of it, right? Honestly, you think about what we've been through with the pandemic where we've had to go online, you need to think about events, like if you're doing an in-person event, you need to think about it in that way, that it has to be multi-dimensional. It has to have multiple angles that will attract someone.As with many of these events, you might be really excited about one part of it and totally get into that and maybe you're not as interested in say the professional thing, I don't know. Or maybe you're really interested in the professional thing and you don't wanna do some other thing. You've got that option.I tell people you know, in many of the past events, all I did was just sit around and talk to people for the whole time. I never went to a class. I would do my keynote and I would just sit around and I finally get to talk to Ferry. I finally get to sit down and talk with Lai Chee. I finally get to sit down and talk with whoever, right?That was my whole time was just—and I loved it. It was great just talking with people the whole time, understanding them, seeing what they're doing. That was a great result for me. And then hanging out with people at the end at nighttime or whatever.Some of my best memories from the past events were not only the event, but then we would go wandering around Hamburg or something, and looking for a place to eat and having fun as a group. I think a lot of it even is just providing the environment in which things could happen.It's almost like being a gardener in some ways. Like if you prepare really good ground, you can grow anything you want to. That sounds a lot like what you're preparing from my perspective, which is a really exciting.LCC: Yeah, exactly. That's the whole festival feeling, so you're not stuck to one lecture or whatever. So you have to move. That's the whole point.MR: Yeah. This is really great. We've talked a little bit about what's exciting about it. We talked about the history and how it came about. Talk a little bit about the city itself. You sort of hinted at this before. What is a city like? What I know about the city is it's a university city, I believe. It's southwest of Amsterdam, so it's a train ride or I guess a taxi ride if you had to go to Amsterdam.FT: Yeah, train and taxi.MR: What else can you tell us about the city? Sounds like it's old. I'll stop there and get some—FT: Yeah, it is old. Yeah, it's old.MR: Which is cool.FT: That's where it starts. Leiden, it is a city. It is a truly Dutch city. We have canals that you also find in Amsterdam, the famous canals. Also, the buildings next to the canals, like the different kind of houses that you'd like to see the staircase, the shaped roofs. Yeah, exactly.Leiden is everything that Amsterdam has, but just a little bit smaller. A lot smaller, I guess. It's like really this typical Dutch vibe. If you live abroad and you think of Holland, you always see pictures of us wearing wooden shoes and living next to or in a windmill. But a windmill is also there in Leiden.If you step out of the train station, you walk towards the city and you look to your left, there's a windmill. So, if you're a tourist, you want to see that. Leiden has it all. The fun thing is, like you said, it's very close to a lot of large cities in the Netherlands. It's located at, I think it's slightly more than just 50 minutes from Schiphol airport. It's where you arrive. It's one-stop with the train. It's really easy like that.Amsterdam is close, and on the other side, if you go a little bit to the south, there's the Hague and Rotterdam. Those are all also very large cities in the Netherlands. Leiden, it's like ancient. There's a lot of culture. There's an endless list of museums. That's also nice. We can fill in the whole program of the festival also by visiting several museums with a lot of topics that we could choose. So that's nice.As you mentioned, it has a large university, and it is the oldest university we have in the Netherlands. It was the first one. I think it was the Spanish possessor that started this university. And it has a rich history, of course, but it's also, therefore, Leiden is a city of students.There's a lot happening. If you want to grab a beer somewhere or eat something, there are a lot of clubs. There are a lot of restaurants next to the canal. There's choice enough for everyone to blend in, to get a really good taste of the Netherlands, but also being among young people. That's also very nice.Also, Leiden has one of the biggest bioscience parts in Europe that's also there. Science technology is also richly there. A lot of the great national and international companies are situated there. It's also an international town, so they are used to people walking around in the city during daylight talking French or English.It's also not just a city that's like, "Oh, oh, is that a foreigner." No. You hear English a lot on the street. That's very nice. This culture thing, I can go on forever, as you have noticed. It's also the city where [unintelligible 24:35] was born. If you have painters and look at his paintings, it's a lot of inspiration from that side.Okay, last thing is, Albert Einstein lived there. Not his whole life, but he visited, I think it was—I wrote it down because I thought, let's try to give you some factual data thing. He came first to Leiden in 1911. He was so enthusiastic about Leiden that from 1920, every year he lived one month totally in Leiden because he loved it so much, and he worked on the university there.There was a fun fact that when he needed some rest and some time off, he visited the Observatory of Leiden. Leiden has its own observatory. You can just reach the stars and go outside. Is this enough about Leiden? Or do you want more?MR: That's great. It sounds like anytime I hear a university city or college town, that always has big advantages. Austin, Texas is one of those. University of Oxford is there. If you ever go to Austin there's lots of options for eating and drinking and activity, and it's usually pretty reasonable because students have to pay for it so the cost is low. You have all the advantages of Amsterdam without all the hassles of Amsterdam.FT: Exactly.MR: Not that there's a lot of—I mean, when I was in Amsterdam, I had a great time, but it is big to navigate. I think I rode a bus to an event and it took a little bit of a ride across the city. Probably in Leiden, I would just walk there because it's not so big.FT: Yeah. That the biggest advantage of Leiden. You don't need to worry about, "Oh, can I get a taxi cab from my hotel to the venue at PLNT where we are hosting this? It's at walking distance. Almost everything is at walking distance. And also, if you stay a little bit longer, you come over a day earlier, maybe it's also a bus ride away from the beach. Leiden at sea, it's not the name. It's Katwijik aan Zee but they call it Leiden at the beach in Leiden. This is also nice if you want to go out, you're just a bus ride away from the beach.MR: Lots of options and lots of variety of—FT: Lots of options. Yeah.MR: It fits everybody.FT: Come over for two weeks and you'll enjoy yourself.LCC: Exactly.MR: For a holiday. Make it a holiday. Well, that's really great. I'm excited to see what you have planned. I didn't mention before the idea of pushing it further. I'm a push-it-further kind of guy myself. Always experimenting and trying new things. So, when you say that, that really attracts my thinking, that means we can do some new things.I think a lot of times—and I like reason experimentation is we have so much opportunity and flexibility and capability available to us that we don't use it. We just do the same thing over and over again, and there's opportunities to do really cool new things if we just give it a try.Especially, I think there, it's like, "Well, what if I fail?" Well, so what? The experiment didn't work. You learn something and you'll do it a different way next time. I think hearing that is pretty exciting to hear that there will be some things pushing the boundaries a little bit, and we can have some fun.Thank you for sharing this sense of things. I'm gonna go back to Ferry one more time. And this is for those who are coming to Leiden. We asked Ferry if he could give us what would be three things you should make sure that you should do when you're in Leiden. You can go more than that, but three is only required.FT: Okay. Well, first thing, of course, you need to come to ISC. But that one doesn't count, because that's too easy.MR: That's assumed.FT: That's assumed. I think first thing that you need to do is take along the right shoes because you need to go for a walk. There's this nice park around the canals. It's all the way surrounding the ancient city. You can walk really like in a circle. It's new since, I guess for two, three, maybe four years or now. It's a really nice walk around town.We also make sure that we will arrange with the tourist bureau because they also have guided walks. We will provide all the participants with those tips. But this is really nice to walk around visit the castle on the hill, like I already mentioned, is you have a great view of Leiden on the rooftops and see that. I think that's the first thing.There's also this really cool, but small I think it was some sort of museum, but like on Rembrandt vaan Rijn. You can do also things like that. I think for us, sketch noting, and if you want to draw something, but really like, get inspired from his kind of style, that's also something really nice.I can mention all the museums, but pick one. There are multiple museums, so we will make sure—we have support from it's called Leiden Convention Bureau. They have created a landing page, especially for us, for our participants. So, if you click on it, and the link is on our website so everybody can see. There's a rich amount of museums with tips. You could go here, and this museum is about this and stuff.You could go on a canal boat trip for some people who like to just really sit down, have a glass of drink, and just without having to walk, you could just see a lot of the city. And of course, you're in the Netherlands, and we all ride bikes. So, we have possibilities to ride bikes explore the city like that. So that's also an option.Of course, when you've done all that, there are multiple, like pubs, restaurants. There's a theater, I don't know. They have also a small like theater where bands—it's not the large bands and large musicians, but yeah. Also, international acts, that could also be a possibility. I'm more than three, right?MR: That's okay.FT: What I'm trying to say is like the festival vibe you have on ISC, you could easily take it with you if we close down, like say at the end of Saturday, take it with you, and go into the city and we'll have more fun like that.Yeah. That's great. That's great. Well, I think this has been helpful. Tickets as we record this, are about to go on sale. We don't know what sales will look like by the time this releases. We encourage you to go take a look and find out for yourself if this is encouraging and exciting to you.We suspect there's people who've already booked their tickets who are listening to this to get a more of a feel for the organizing team and the thought behind it and those kinds of things. So, whoever you are, we would love to have you in Leiden in September.FT: Definitely.MR: Any final thoughts from either of you before we wrap up and point people at the website so they can have a look at tickets and details? Maybe I'll start with Lai. Lai Chee, do you have any final thoughts, any encouragement for someone who maybe is considering it?MR: No. I mean, I'm not really objective. I am super, super excited. Last year in Poland, I was already excited because it's not only the event, but you also meet all those people you just only know online. We are gonna meet you for the first time. I know you are all ready for four years or something, but this is the first time I'm gonna see you live. That's the other thing. What we also will try to do is to make connections in the before phase. Before we go to the event that we know each other a little bit better than when we actually will meet. So, just come.FT: Yeah. Exactly. I think that's a good point, because for me, that's also, it's like the most fun thing is it's a live event and we can do that again. We haven't been able to do it a couple of years. Last time in Poland it was already happening again. I think that's nice.Like Lai Chee mentioned, I think it was our idea as well to like it starts in September, but what if we do a before phase? What if we ask Mike Rohde if we can use Sketchnote Army Slack to meet upfront online, do some stuff. We have really fun things planned out. Maybe some sketch note or no, it wasn't the sketch note. Try to make a picture together if living close and post them online like that. So the community building will start up front.I think that's really nice. This festival fight, we try to take it creatively. Sometimes we brainstorm and we get all the crazy ideas. What's the most fun part of part about organizing this, you could go crazy and think of all those things. And then, of course, it's not just two of us because we go crazy a lot, but then we have the others that say, "Okay, let's get real. Let's get real. Okay, this is not going to happen because it's too complicated. But I like this and how about this."That's also nice. Everybody should go because it's like a mini break. It's a holiday, a mini holiday break and it's investing in you and in your skills and growing as a professional and expanding your community with all these cool people, like-minded visual people, your visual friends, I guess.LCC: Exactly. Exactly. Nourish and flourish. Those are the two words you have to remember for this event. Nourish and flourish.FT: They're not on our posters, but those are key values that we try every time to incorporate in our program. If we decide like, okay, do we want this for a workshop? Then we all say to each other, okay, does it contribute to nourishing or flourishing our community, our guests, our participants?MR: Those two words are great because it focuses on improving yourself and then improving the world when you flourish. That sounds really fun. Well, thank you both so much for being on the show and sharing all your excitement. I can feel it coming through the wires. If someone is interested in checking out the event and seeing if tickets are still available, what would be the place to go for them? Is there a URL that you would recommend? Or maybe should they go to social media location first, and that we'll direct them to the site?FT: Yeah, we have a website. It's www.sketchcamp2023.nl. This is the website that we've launched. I believe if you go to the website, sketchnotcamp.com that was what the team used last year. There's also a link that directs you to our website. For the socials, we are on two social platforms. We are on Instagram and we are on LinkedIn. We are not on Twitter at the moment for this year, but we've posted there also a message that "Okay, this year we're not there, but we'll hand over the Twitter account to the organizing team of next year."MR: Good. We'll, of course, put links to those things so you can just look in the show notes and click away wherever you're at. That'll be the easiest way to jump in and check things out. We'll make sure that's taken care of. Well, thank you two for being on the show. It's really good to hear your excitement again. Especially, Ferry with so much experience being in the city itself makes me wanna visit.It's like the way I am with Milwaukee when people tell me they want to come here. I can spend an hour telling them all the great things and where they should go and what they should do. I feel that same thing from you. And then Lai Chee, I feel the excitement for you around the programming and the experience as well, right?LCC: Yeah.MR: Being from another city, you can appreciate all the benefits. Probably, the last thing I would say is don't discount the value of relationships. That you might come for the programming, but the relationships—like some of my most treasured friends I've met at ISCs and was an opportunity, and led to in some cases work opportunities or support opportunities where they gave me advice or help me out with something. Networks are valuable and you should always build them before you need them. So, this is your opportunity to build your network. That would be my pitch.FT: Amen.LCC: Yes.MR: Well, that wraps another episode of the "Sketch Note Army Podcast". Until the next episode, this is Mike and Lai Chee, and Ferry Timp signing off for now. See you soon.

Every Tuesday in April, Pat Durbin is taking over the podcast sharing insights and going back to basics on some critical accounting areas, including contingent liabilities, subsequent events, and inventory.In this episode, Heather Horn and Pat discuss key accounting concepts and judgments in accounting for and valuing inventory. In this episode, you'll hear discussion of:1:34 - Different methods to determine inventory costs and the art of inventory cost accounting 19:27 - How to account for changes in cost flow assumptions or composition of costs25:55 - Key judgments in valuation and impairment of inventory 33:19 - New ways to finance inventory 35:29 - Final advice for accounting for inventory For more information, read our Inventory guide. Pat Durbin is a Deputy Chief Accountant in PwC's National Office. He has over 30 years of experience consulting with our clients and engagement teams on complex accounting matters, including issues related to revenue, compensation, income taxes, and inventory under both US GAAP and IFRS.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 us_podcast@pwc.com.