Podcasts about pwc uk

The IASB issued targeted amendments to IFRS 9 relating to the date of recognition and derecognition of financial assets and financial liabilities.  In this episode, Anu Pandya is joined by Claire Howells and Chris Raftopoulos, corporate treasury experts in PwC UK, to discuss how these amendments impact how entities account for cash transfers using common payment methods.    Find out more at PwC's IFRS Talks homepage. 

*WOMEN OF THE FUTURE PODCAST – MOTHERHOOD MINI-SERIES* We've come to the end of our Women of the Future podcast motherhood mini-series! What a journey it's been. It's an honour to have brought you six incredibly open, honest, and candid stories from brilliant women on the vast and varied subject of motherhood - we hope you've enjoyed it. The series has been presented by Kim Rowell, media executive, charity ambassador and Women of the Future Awards alumni, who was joined for these special episodes by the wonderful Rhona Hunt, Chief Superintendent in the Metropolitan Police Service, previous podcast interviewee, and currently on maternity leave having had her first child late last year. The mini-series was all Rhona's idea – what a woman! BUT if you're very lucky we might have an BONUS Easter treat for you, so stay tuned and subscribed for updates… For this very special final episode, we spoke to Phillippa O'Connor, PwC UK's Chief People Officer. Over a prestigious 20-year career working as a business consultant, as well as with boards and HR directors across a wide range of issues in the people space, including pay, diversity, equity and inclusion and broader HR transformation; Phillippa is also mum to two boys aged 1 and 11. Introducing Phillippa's incredibly interesting, inspiring, and thought-provoking motherhood journey.   ------------------------------------------------ For more information on the Women of the Future Programme and initiatives, please visit: www.womenofthefuture.co.uk

In this episode, host Tessa Norman is joined by Miles Celic, Chief Executive Officer of TheCityUK, and Darren Ketteringham, PwC UK's Financial Services Industry Leader, to discuss a future vision for the UK financial and related professional services industry.Our guests reflect on the themes of the Vision 2025 report, which was published jointly by TheCityUK and PwC in 2017, and which set out a roadmap for a highly digitised, innovative and customer-centric industry by 2025. Now, a month into 2025, and with the Government on the cusp of setting out its future strategy for the industry, we discuss progress made since the report's publication, and the actions needed to ensure the industry is able to capitalise on the transformative changes expected over the next 5-10 years.  Our guests explore the driving forces of technological transformation and the transition to net zero, and look at progress across themes such as customer centricity, regional development, and talent and skills. We also discuss the collective role of Government, industry and the regulators in enabling the sector to thrive, and to maximise its potential to drive sustainable inclusive economic growth.  You can access the Vision 2025 report referenced in the podcast here.

Kevin Ellis is the former Chairman and Senior Partner of PwC UK & Middle East.In this conversation, Kevin reflects on his journey at PWC spanning nearly four decades.Kevin shares insights on navigating economic uncertainty and embracing failure as a pathway to growth.Expect to learn:How Kevin prioritised mental health and work-life balance.Kevin's approach to building trust and culture in times of crisis, like the Pandemic. And the lessons he drew from his family and career about resilience and leadership.Kevin also discusses his transition into retirement, his newfound passions, and the legacy he hopes to leave, both personally and professionally.This episode offers a rare glimpse into the mind of a leader of a Top 4 Accountancy Firm. Timestamps00:00 Reflections on Leadership and Change02:59 Navigating the Pathway to Employment06:01 Integrity and Decision-Making in Leadership09:11 Building Trust During Crisis11:59 The Importance of Support Systems15:07 Balancing Work and Family Life17:53 Health and Well-being in Leadership21:03 Life After Retirement: New Beginnings23:58 Legacy and Future AspirationsMonumentalYou may know that Pete Hunt, the host of The Privileged Man Podcast is also the Founder of Monumental, a personal development platform for male business owners and leaders. For More Information on Monumental:- Monumental - https://monumental.global/- Monumental Testimonials - https://monumental.global/testimonials/- Find out your "Wheel of Life" score in just 90 seconds - https://insight.monumental.global/whe…Get in Touch: Podcast Instagram: @theprivilegedmanPrivate Instagram: @pete_hunt_Email: connect@theprivilegedman.com

Doug McHoney (PwC's International Tax Services Global Leader) is joined by returning guest Matt Ryan, a PwC International Tax Partner based in London and leader of PwC UK's International Tax and Treasury Network. Doug and Matt discuss a selective list of Pillar Two issues and topics related to the UK Finance Bill 2024-25. They provide an update on the latest Pillar Two happenings, including the transposition of the June 2024 OECD Administrative Guidance into UK law, the potential for retroactive provisions, UK compliance requirements, the potential for changes in light of the US election, and what could be next. 

Debt capacity In this TP Talks Special Edition podcast, David Ledure (Global Financial Transactions Transfer Pricing Leader, PwC Belgium), Stan Goldenberg (M&A Transfer Pricing Director, PwC US), Andrew Cotterill (Transfer Pricing Senior Manager, PwC UK), and Ben Pietersen (Eurasian Transfer Pricing Director, PwC Georgia) discuss debt capacity from a transfer pricing perspective, exploring the principles and practices of the US, UK, Georgia, and other Eurasian countries. The discussion underscores the nuanced and fact-specific nature of debt capacity analysis across different jurisdictions, with varying implications for taxpayers.Support the show

In this episode of the Hiring Excellence Podcast, Johnny Campbell, CEO of SocialTalent, sits down with Gemma Milner, Head of Talent Acquisition at PwC UK, to explore the critical importance of operational excellence in recruitment. Gemma shares her 25 years of experience in recruitment across a variety of sectors and dives into how understanding and optimizing recruitment processes leads to better results. From leveraging data-driven decisions to ensuring alignment with business strategies, Gemma offers practical insights on how recruitment teams can drive efficiency, quality, and performance. Whether you're leading a TA team or looking to enhance your recruitment operations, this episode is packed with actionable strategies.

Talent transformation and the shift to becoming a skills-first organisation has been a hot topic for years. And now AI is turning the pressure gauge up to boiling point, even the biggest industry players are feeling the impact. Enter Harriet Newlyn –– a Partner in PwC UK's HR Transformation and Technology practice who spent the last decade leading large-scale HR transformation programmes for major multinationals. And she has some robust thoughts on what this next era of radical change has in store for TA teams. If you're feeling overwhelmed by mounting pressure from the C-suite to dramatically improve productivity and efficiency, while simultaneously making the shift to becoming a skills-first organisation and upgrading your recruitment process for the AI-era, this is a conversation you won't want to miss. Join Robert and Harriet for the latest episode of the TA Disruptors podcast as they dive into:

Helen Tuddenham is an executive coach and leadership development consultant, who works with experienced professionals to help them untangle the complexities of leadership. She supports them to figure out what's holding them back and eliminate those sticking points. As a result, they gain fresh perspectives on who they are and how they lead, and an ability to take on new challenges and thrive in their career. Prior to setting up her own business, Helen was a Director of the People and Culture Risk team at PwC UK, advising finance, internal audit, and compliance teams on improving capability and culture. She is also a non-Exec Director and chartered accountant.Linkshttps://www.helentuddenhamconsulting.com/https://www.linkedin.com/in/helentuddenham/

Text us your thoughts on this episodeHost Heather Horn welcomes back Will Evison, a director in PwC UK's Global Sustainability, Climate, and Nature Strategy practice, to provide an update on the work of PwC's Centre for Nature Positive Business and discuss the relationship between nature positive business strategy and reporting. In this episode, they discuss: 2:18– The purpose and progress of PwC's Centre for Nature Positive Business 8:57 – The impact of the Corporate Sustainability Reporting Directive adoption on company strategies 10:45 – The importance of nature positive business12:58 – Nature reporting developments, including those related to the European Sustainability Reporting Standards and the Task Force on Nature Related Financial Disclosures (TNFD)23:27 – Insights on how companies can combine nature strategy and reporting28:55 – What's on the horizon for nature positive business Interested in more background on measuring and reporting nature and biodiversity? Listen to our previous podcasts in the “Becoming nature positive” series (Committing, measuring and reporting and Strategizing and implementing) and check out PwC's global nature hub here.  Also, referenced in the podcast, is the Nature Strategy Handbook developed by Business for Nature in collaboration with PwC UK (official partner of the campaign), as well as Managing natures risks: from understanding to action, a follow-up to an earlier analysis of the nature dependence of industries' direct operations that was carried out by PwC as part of the World Economic Forum's New Nature Economy Report Series and published in the Nature Risk Rising report in 2020.  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 the PwC National Office Sustainability & Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC's global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC's quarterly webcast series.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com. 

Welcome to the bonus episode of "Breaking The Chain" podcast from our LIVE  Leadership Conference in London! Terentia Browne, Impel's Co-Founder and Director of Leadership & Development, sits down with Cyrus Dadachanji, COO at AMPYR Solar Europe, Rob McCargow, Technology Impact Leader at PwC UK, and Katharine Andrews, Head of Regulatory Affairs at Theramex, to discuss leadership challenges in a rapidly changing landscape. Together, they examine the impact of post-pandemic work culture, the emphasis on emotional intelligence and human skills in leadership, and strategies for supporting employees through change.Follow Impel TalentLinkedIn: Impel TalentTwitter: @ImpelTalentFacebook: @Impel TalentInstagram: @ImpelTalentJoin us for illuminating discussions, practical insights, and a roadmap for thriving in an ever-shifting world. Subscribe now and join the conversation as we break new ground in leadership excellence!

In our latest episode, host Tessa Norman is joined by Duncan Scott and Danny Chamings, Directors at PwC UK, and Moira Cronin, a Partner in PwC Ireland, to explore how firms can build operational resilience against the backdrop of an increasingly complex risk environment. Our expert guests discuss the evolving regulatory approach to operational resilience in the UK and EU, focusing on firms' progress towards upcoming deadlines for the EU's Digital Operational Resilience Act (DORA) and the UK's operational resilience framework, and the practical steps they can take to prepare. Our guests also share insights on how firms' approaches to enhancing resilience can mature over time, and what lies ahead on the operational resilience agenda beyond this year and next. You can contact our PwC speakers if you'd like to discuss any of the topics covered, at tessa.norman@pwc.com, duncan.j.scott@pwc.com, daniel.a.chamings@pwc.com, and moira.cronin@pwc.com. To hear more from us on resilience, please check out Series 5 Episode 10 on critical third parties, and you can access all our regular publications at this site: https://www.pwc.co.uk/industries/financial-services/understanding-regulatory-developments.html. 

In this episode of TP Talks, Kristina Novak sits down with Ian Dykes (Transfer Pricing Partner and Global Disputes Leader with PwC UK) to discuss the recent guidance issued by HMRC on identifying and pricing contributions to risk control by decision-makers.Support the Show.

Send us a Text Message.The concept of a circular economy emphasizes reducing, reusing, repairing, and recycling to minimize waste and maximize resource use in the context of a planet with finite resources. And as you'll hear in this episode, circularity is increasingly becoming a business issue, both a challenge and opportunity, that interacts with multiple sustainability topics.This week, Heather Horn is joined by Tom Beagent, a partner in PwC UK's Global Sustainability and Climate Change practice, to discuss the circular economy, a sustainable alternative to the traditional linear economy model.In this episode, we discuss:3:02 - The concept of a circular economy and its importance in the context of finite resources7:52 - The relationship between a circular economy, net zero emissions, and biodiversity9:07 - The scale of change required, and the steps involved to transition to a circular economy13:18 - Examples of industries and products that would benefit the most from transitioning to a circular economy 19:18 - Consumer practices that fit within a circular economy24:21 - Why regulators are stepping in to mandate change26:40 - The business opportunities that arise from solving problems related to waste and resource use28:34 - The challenge of changing consumer behavior and perceptions of abundance31:58 - Reporting under the EU's ESRS E5 standard and insights from the related dataLooking for the latest developments in sustainability reporting? Follow this podcast on your favorite podcast app and subscribe to our weekly newsletter for the latest thought leadership on sustainability standards.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.Heather Horn is the PwC National Office Sustainability & Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC's global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.

The UK is on course for a huge rise in preventable illness. The Health Foundation charity predicts that by 2040, one in five adults will be living with a serious condition, such as cancer, dementia or heart disease. Meanwhile, economic activity is stagnating, with roughly 2.8 million people currently out of work due to ill health, according to the latest figures from the Office for National Statistics.Our world-leading life sciences sector has the capacity to help reverse this trend. In 2021 alone, it contributed £43.3bn to the UK economy, and supported 646,000 jobs. With the right investment, it could add an additional £68bn to GDP over the next 30 years, create 85,000 more jobs and result in a 40 per cent decrease in disease burden across the UK.This episode, in partnership with professional services firm PwC, explores how greater investment into vital disease areas such as cancer, obesity and immunology could make British society physically and financially healthier.Emma Haslett is joined by Chi Onwurah, the shadow minister for science, research and innovation; Dr Dan Mahoney, chair of the UK BioIndustry Association (BIA) and the government's life sciences investment envoy; and Stephen Aherne, pharmaceutical and life sciences leader at PwC UK.If you enjoyed this podcast you can find more of Spotlight's policy reporting in our standalone Spotlight podcast feed, or at newstatesman.com/spotlight Hosted on Acast. See acast.com/privacy for more information.

Peter Brown is Price Waterhouse Coopers' Global People and Organisation Leader, managing operations across 157 countries with a workforce practice of over 10,500 professionals. He joined PwC UK as a partner in September 2010 having previously held senior roles at large professional services organisations. With over 25 years' experience as a Workforce and HR transformation expert, Peter is committed to working with large multinational organisations to help them tackle their staffing and people challenges. Prior to working in professional services, Peter was in the Royal Air Force and continues to support them as a Trustee of the Royal Air Force Charitable Trust, with a focus on inspiring STEM skills in young people. Peter received an MBE for his services to the Royal Air Force in 1999, and was named in the top 25 Global Human Capital consultants in 2023; he also featured on the top 50 Kindness in Leadership list the same year.   ------------------------------------------------ The KINDNESS & LEADERSHIP 50 LEADING LIGHTS NOMINATIONS are closing soon! Click here for more details. For more information on the Women of the Future Programme Awards and initiatives, please visit: www.womenofthefuture.co.uk

PwC's Chris Temple and Christine Brogan join Matthew Grant to discuss transformation in insurance, specifically steering organizations towards achieving their ESG goals.  The conversation covers the role of technology and AI in driving change in insurance as well as building resilient business models for the future. This episode is a great introduction to how ESG operates in the financial sector and how transformation in insurance is made possible through collaboration. Key talking points: Understanding ESG - what are the main priorities business need to consider to be successful in the future Transforming insurance - how AI can help The importance of strategy driven by data How the Life Insurance sector got it right Balancing commercial gain with progress Defining “baseline” - current carbon output The biggest driver of innovation is regulation FSTE 100 and sustainability Our upcoming Investor Networking event sponsored by PwC For more information, please see the following PwC reports: PwC UK 2024 Energy Survey Hold your nerve to maintain momentum: our 2024 actions for sustainability leaders Sustainability Reporting in 2024 Banana Skins Survey Report If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Describe how generative AI can help implement ESG measures in insurance Specify what is meant by ESG and its role in insurance Summarise what companies can do to become Net Zero in the future If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 293 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Blake and David break down the IRS's $99 million paper-check limit, how states use tax credits to attract movie productions (sometimes unsuccessfully) and give their take on actor Kenan Thompson losing $1.5 million to fraud as a child. They also cover couples arguing over finances, AI answering tax questions in California, accounting rules hiding commercial real estate loan losses on bank balance sheets, and the lack of action from accounting standards boards to change these rules.SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Relay - http://accountingpodcast.promo/relayClient Hub - http://accountingpodcast.promo/clienthubChapters(00:40) - What's the largest check you can write to the IRS? (05:38) - Jeff Bezos could be saving $600 million from moving to Florida (14:44) - Why movie studios are throwing out projects for tax breaks (20:54) - Keenan Thompson's accountant stole $1.5 million from him (26:18) - How much of relationship problems are finance-related? (31:29) - California plans to use AI to help answer people's tax questions (35:42) - PwC UK boss says AI is why workers should be in the office (40:36) - Silicon Valley Bank collapse follow-up and why it could happen again (51:00) - Thanks for listening and check out the Unofficial Quickbooks Accountants Podcast  Show NotesWarner Bros.' Disgusting Accounting Trick May Find an Opponent in the U.S. GovernmentIRS Seeks More Than $1 Billion From SVB for TaxesIRS sues FDIC to get $1.45B in SVB back taxes       Mayweather's $18 Million Check To The IRS Packs A Punch, But Is Under The $100 Million Weight LimitCalifornia plans to use AI to answer your tax questionsJeff Bezos will save over $600 million in taxes by moving to MiamiThe Indicator from Planet Money : NPR  Mayweather's $18 Million Check To The IRS Packs A Punch,But Is Under The $100 Million Weight Limit Jeff Bezos reaps Florida tax benefit with $4B Amazonshare sale Young staff need to be in the office because of AI, saysPwC's UK boss | Accounting Today Money is the Biggest Relationship Hurdle for 1 in 4Couples, Survey Reveals - CPA Practice Advisor Kenan Thompson Reveals a Crooked Accountant Stole $1.5Million From Him During His Nickelodeon Days | Video When accountants attack: why Netflix is cancelling HalleBerry's new sci-fi movie Ben Affleck Reportedly Filming The Accountant 2 This Year FASB Won't Consider Changes in Securities AccountingAfter Bank Failures - WSJNew York Community Bank's Commercial Real Estate LoanProblem May Be Isolated, Experts Say Banking Crisis Plays Out at America's Smallest LendersListener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast:...

Recorded at the annual meeting of the World Economic Forum—an event convening leaders from government, business, and civil society to address the state of the world—this episode looks at the escalating global demand for energy and its impact on achieving net-zero emissions by 2050. Special guest host Sarah von Fischer from PwC sits down with Rob Turner, Energy Transition Partner for PwC UK, and Ramya Krishnaswamy, Head of Institutional Communities and ESG Initiatives at the World Economic Forum, to discuss the importance of demand-side management to a sustainable future—plus a set of possible business actions that together have the potential to cut global energy demand by more than 30% while saving US$2 trillion per year in the process.

In the first episode of 2024, host Tessa Norman is joined by Isabelle Jenkins, PwC UK's Financial Services Industry Leader, and Lord Gavin Barwell, a PwC Senior Advisor and former MP and Chief of Staff to Theresa May, to look ahead to the geopolitical, economic and regulatory drivers set to shape financial services this year. Our guests explore the implications of a fast-evolving and complex global landscape, discussing the swathe of upcoming elections and their impact on policy and regulation in 2024. Our guests also reflect on the regulatory and market trends influencing financial services this year - from technology and AI, to ESG and consumer protection - and how firms can navigate the opportunities and risks these presentYou can contact our PwC speakers if you'd like to discuss any of the topics covered, at tessa.norman@pwc.com and isabelle.jenkins@pwc.com To hear more from us on Risk & Regulation, you can access our regular publications at this site: https://www.pwc.co.uk/industries/financial-services/understanding-regulatory-developments.html 

The third special programme in association with PwC UK to look at developments around AI at work and in society, timed to coincide with The World Economic Forum in Davos in January 2024 and asking the question: are we at a fork in the road in terms of AI and its impact on the future of work?  Co-hosts Julia Hobsbawm and Stefan Stern were joined in studio by Kevin Ellis, the Alliance Senior partner of the UK and Middle East of PWC UK and Gina Neff, director of the Cambridge University Minderoo Center For Technology and Democracy.

Doug McHoney (PwC's International Tax Services Global Leader) is joined by Matt Ryan at PwC's Global Tax Symposium in Rome. Matt is a London-based international tax partner and PwC UK's Pillar Two Leader. Doug and Matt revisit the UK Pillar Two rules for the third time, but now from an enacted law perspective. While the rules are set to apply from the beginning of 2024, the United Kingdom faces an interesting challenge as one of the early adopters of Pillar Two, with enacted legislation, followed by additional OECD guidance. Doug and Matt discuss the tricky task for UK legislators of ‘painting while the paint still dries' (i.e., enacting legislation while the OECD guidance is still changing) and some of the key differences that need to be addressed as a result of the subsequent OECD guidance, as well as still-expected guidance in 2023 and beyond. Doug and Matt discuss from a practical perspective how UK-parented taxpayers are preparing for what is ahead, including approaches to safe harbors. They then dive into complexities created by the particularities of the UK rules around the safe harbor and other key issues, like partnerships and deferred taxes. Finally, the podcast closes with practical next steps companies operating in the UK should consider ahead of 2024.

The Task Force on Climate-related Financial Disclosures (TCFD) framework serves as a foundation for the major ESG disclosure frameworks, and also the basis for the California SB 261 climate disclosure rules recently signed into law. The UK first mandated reporting under the TCFD for listed companies beginning in 2021, and as such, there are two years of reports and insights available in 2023.  In today's podcast, host Heather Horn sat down with Mark O'Sullivan, PwC UK's Head of Corporate Reporting, to discuss PwC's review of the second year of mandatory TCFD reporting for certain companies in the UK, and how insights from this review can help companies looking to start or enhance their climate-related disclosures. In this episode, you'll hear:4:44 - Our review findings for year two of mandatory TCFD reporting in the UK10:12 - Current challenges, including the understanding and expectation gaps faced by companies required to “comply or explain”18:09 - Observations and trends by industry 24:01 - Key takeaways from year two for companies looking to start or enhance their own TCFD reporting30:09 - Regulatory findings from the UK's Financial Reporting Council (FRC) on metrics and targets34:36 - What's coming next for TCFD, and its relationship with other ESG frameworks that are becoming mandatory39:39 - Discussion of materiality assessments and the FRC's recent findings44:30 - Advice for companies preparing for mandatory UK, California, or other ESG reporting rulesWant to learn more about developments in ESG and TCFD? Read PwC UK's publications, The green shoots of TCFD reporting, and Still early days: A review of year two of TCFD reporting, along with our previous podcast on how TCFD is shaping today's reporting landscape. Additionally, refer to the FRC's latest report on its reviews of TCFD disclosures, as well as the FRC Lab's recent articles on materiality assessments and applications. Mark O'Sullivan is PwC UK's Head of Corporate Reporting. He has more than 15 years of experience advising leading organizations on current and best practices in reporting and the implementation of new reporting strategies to meet the needs of the capital markets. Mark also oversees PwC's annual review of corporate reporting practices in the FTSE 350.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.

Joining Julia Hobsbawm and Stefan Stern today in the second of our AI specials brought to you in association with PwC UK is Azeem Azhar, Global Futurist and AI expert who hosts the Bloomberg Originals series Exponentially, and whose newsletter Exponential View is one of the first technology watchers turn to for the latests twists and turns in AI. Azeem is Co-Chair, Global Futures Council on Complex Risks, World Economic Forum and we also get a response to his current take from Ben Higgin, PwC UK's Head of Technology & Investment. A Fully Connected production.

A special programme in association with PwC UK to look at developments around AI at work and in society, linked to the UK AI Safety Summit hosted at Bletchley Park, England at the beginning of November 2023. Co-hosts Julia Hobsbawm and Stefan Stern were joined in studio by Ben Higgin, Head of Technology & Investment PwC UK, and Alice Thwaite, technology ethicist and philosopher to ask just how different this moment is in the story of technology in society and at work, how risks and rights can be managed alongside growth opportunity. 

With increasing costs of living and an unpredictable economic environment, the concept of paying a “living wage” is gaining attention from businesses and governments around the world. As pay adequacy becomes a mandated disclosure for many companies via the European Union's Corporate Sustainability Reporting Directive (CSRD), paying a living wage is becoming a growing priority for organizations that are focused on creating a sustainable business.PwC recently published the inaugural Global Living Wage survey to provide deeper insights on this topic and its impact to businesses. In this episode, host Heather Horn welcomes PwC partners Barry Murphy and Paula Letorey to discuss the survey results, market trends, and key steps organizations should take now to prepare for market and regulatory movement.In this episode, you'll hear discussion of:4:43 - Why PwC conducted the Global Living Wage survey7:13 - Defining a “living wage”9:45 - Key findings from the survey17:01 - Common challenges to adopting a living wage22:28 - The relationships among living wage, workplace fairness, and pay equity24:58 - Reporting and disclosure considerations28:47 - The impact of suppliers and the value chain31:19 - What investors are looking for in living wage strategy and disclosures36:35 - The role of the finance team in supporting and engaging with the business on this topicFor our findings and takeaways on the survey, check out our publication, Living Wage: An Emerging Standard. Further, check out PwC UK's Workforce Hopes and Fears Survey for more insights on workforce transformation, trends, and disruptors, and how business leaders are navigating its changing nature.Barry Murphy is PwC's Global ESG leader for Tax and Legal Services. Based in the UK, he has 20 years of experience advising clients on their domestic and international tax affairs. He is also focused on driving compliance solutions with a “digital first” approach. Paula Letorey is a partner within PwC UK's Workforce practice. She has over 15 years of experience advising clients on matters relating to employment taxes and broader pay governance and regulation. She has developed robust risk management solutions for areas such as domestic employment tax on a global basis, off-payroll working, national minimum wage, and holiday pay.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 first podcast in our series with PwC touches on the Scale-up programme for insurtechs and the key to transformation in speciality insurance. Matthew Grant speaks to Anthony Joseph, Partner and Andrew Caswell, Director of Insurance Consulting at PwC UK, on why insurers are now progressing with the move to digitization, what transformation really means and how - and which -  insurtechs are the key to change. Talking points include: The PwC insurtech Scale-up programme  Digital adoption in the industry  Specialty insurance and transform New generations of underwriters and new tools You can find out more about PwC, their Scale-up programme and the successful candidates of Scale-up 2023 here. In addition to hearing about PwC, we talk about transformation in the insurance industry touching on various InsTech members including Allphins, Cytora, hyperexponential, Send, Apollo Underwriting, Artificial, Convex, Rethink (Howden) and Vave. If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co Continuing Professional Development - Learning Objectives InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Explain how the insurtechs can help innovate the insurance industry Describe how transformation differs from digitisation Identify the various methods of digital adoption  If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 266 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.  

Pritul is now a Director at PWC after selling his firm, People Force to the company in April 2023. People Force was a Consultancy specialising in people technology services, payroll & immigration. Since 2013, the company grew organically & through acquisition. Pritul led the company through year-on-year growth, which included an astonishing 237% growth during the pandemic. Pritul successfully sold People Force to PwC UK, where he now works as a Director within HR Technology in the People & Organisation team. Here, with others Pritul is leading the Ceridian Dayforce practice. Starting with a practice size of 60 in April 2023, which includes 50 people that joined through the acquisition of People Force, this team is expected to increase to 100 by the end of 2023. PwC UK has become the largest Global Ceridian implementation partner in the EMEA Region. Projects are delivered in various market segments to include Majors, Enterprise and Large Enterprise. Prof. Joe O'Mahoney helps boutique consultancies scale and exit. Joe's research, writing, speaking and insights can be found at www.joeomahoney.com

In this TP Talks episode, Kristina Novak (Principal in PwC's US National Tax Practice), Kartikeya Singh (Principal in PwC's US National Tax Practice), and Giorgia Maffini (Transfer Pricing and Tax Policy Director with PwC UK) discuss the OECD's recent Public Consultation document on Amount B of Pillar One and the details of the progress made since the December 2022 consultation.Timestamps:1:17 - What is Pillar 1 and what is Amount B under Pillar 1?3:30 - Can you bring our listeners up to speed on what has happened since the December 2022 consultation document on Amount B?5:23 - Can you provide more detail on what was covered in the July consultation document and how the draft may have taken previous input submitted in response to the December consultation document?  12:32 - There seems to be a point of disagreement among the countries on the two scoping alternatives (alternative A and alternative B). Can you explain why that is and tell us more about the different alternatives?18:26 - There appears to be an overly meticulous justification for obstructing a project with potentially significant benefits; what are your thoughts on that?20:30 - The stated goals for Amount B were certainty and simplicity. Are we on the road to achieving those goals, and does Amount B actually address the real underlying causes of all the controversy related to routine distributors? 25:06 - Regarding the July consultation document, you had mentioned that the Pricing Matrix is the “core” of Amount B. Can you explain how it works?31:57 - What questions have you been getting from taxpayers since the release of the July consultation document? What concerns them the most?35:30 - What are some takeaways that you can offer our listeners?Support the show

The International Sustainability Standards Board (ISSB) issued final IFRS® Sustainability Disclosure Standards on June 26, 2023. While IFRS Sustainability Disclosure Standards are not yet required in any jurisdiction, multiple jurisdictions around the world have already signaled their intent to adopt the new standards, with additional jurisdictions expected to do so now that the standards are final.What can companies find inside the new Sustainability Disclosure Standards? This week, Heather Horn was joined by Katie Woods, PwC UK director, to discuss the expected breadth of adoption internationally and the important considerations in advance of adoption.In this episode, you'll hear discussion of:1:48 - The final IFRS Sustainability Disclosure Standards: IFRS S1 and IFRS S27:06 - The current status of adoption of the Sustainability Disclosure Standards in international territories11:43 - The interconnectivity between IFRS Sustainability Disclosure Standards and IFRS Accounting Standards19:12 - Key changes between the exposure drafts and the final standards26:42 - Factors to consider when identifying and disclosing sustainability risks and opportunities38:35 - Final advice for companies looking to prepare for adoption of these standardsLooking for more information on the ISSB and ESG reporting? Check out our podcast with ISSB Vice-Chair Sue Lloyd on the launch of the final ISSB standards. For more on the final standards, read our In brief. Katie Woods is a Director in PwC's Global Accounting Consulting Services group and advises on ESG and international accounting standards. Katie specializes in the new and emerging ESG reporting frameworks, working across the PwC Network. Katie is a frequent speaker on a range of ESG and accounting topics at national and international seminars.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.

Jon sits down with Chris Stura, Director of Financial Services at PwC. Together, Jon and Chris delve into the realm of cloud computing and software development, highlighting the challenges that businesses in the technology sector face. Gain valuable insights on leveraging technology for business success and the crucial role of integrating technology into effective business strategies. Chris Linkedin: https://www.linkedin.com/in/christopher-stura-8089249/

In this TP Talks episode, Ugo Cannavale (Transfer Pricing Leader for PwC Italy), Andrew Hwang (Americas Operational Transfer Pricing Leader, PwC US), and Antonino De Benedictis (EMEA Operational Transfer Pricing Leader, PwC UK) discuss why Operational Transfer Pricing (OTP) is increasingly becoming a priority for in-house tax and finance professionals, the value and benefits OTP offers the broader finance function and C-Suite, scalability of OTP to accommodate small to large scale transformations, and practical considerations for implementing OTP.Support the show

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. But with many competing priorities, how do companies also contemplate nature issues in their strategy?This week, Heather Horn was joined by guests at the forefront of the nature space:Will Evison, director in PwC UK's Global Sustainability, Climate, and Nature Strategy practiceEva Zabey, CEO of Business for NatureJulie Moorad, Senior Manager of Climate Action at SalesforceOur panel shares their insights on ways companies are strategizing and integrating the topic of nature into their operating models.In this episode, you'll hear discussion of:1:42 - Synergies between climate initiatives and nature positive policies15:11 - Transforming your nature strategy to manage risk and create value27:32 - The interrelationships among natural capital, business operations, and the broader economy37:45 - The importance of starting a nature positive path now even though strategies may evolve in the long term43:03 - The importance of building capacity in nature strategy and reporting46:44 - Final advice for companies wanting to integrate nature positive strategies into everyday operationsInterested in more background on measuring and reporting nature and biodiversity? Listen to our previous podcast in the “Becoming nature positive” series, and 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.Eva Zabey is the CEO of Business for Nature, which is a global business-led coalition aiming to reverse nature loss and restore the planet's natural systems on which economies, wellbeing and prosperity depend. Previously, she led natural capital projects at the World Business Council for Sustainable Development for 15 years.Julie Moorad is a Senior Manager of Global Climate Action for Salesforce. Her team leads Salesforce's international sustainability strategy, Europe, Middle East, and Africa sustainability program and developing our nature strategy, and implements nature positive policies that drive economic value firmwide and for their customers.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.

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.

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.

This TP Talks episode is part 3 of a three-part series on Pillar Two, where Ugo Cannavale (Transfer Pricing Leader for PwC Italy), Kartikeya Singh (Transfer Pricing Principal in PwC's US National Tax Services practice), and Giorgia Maffini (Transfer Pricing and Tax Policy Director with PwC UK) discuss the latest Pillar Two developments, country level developments, and what companies need to  prioritize from a transfer pricing perspective.See also: The opening – Transfer pricing is a critical piece of the Pillar Two chessboardThe middlegame – Pillar Two strategy for transfer pricing evolvesPwC's Pillar Two Country TrackerSupport the show

What is ESG and why are we talking about it now? In this episode we discuss the ESG Trilemma and how CFOs must now balance cost pressures, commercial constraints, and compliance regulations. PwC UK's Ganesh Ram joins us to discuss what are the responsibilities of CFOs in order to navigate these three elements; and how CFOs' role is changing.

At the recent annual meeting of the World Economic Forum (WEF) in Davos, PwC and the WEF jointly released a report about critical moves businesses can take to prepare for risks and take advantage of opportunities in climate change adaptation (the process of preparing for, preventing, and mitigating the worst impacts of climate change).Heather Horn was joined by Emma Cox, PwC's Global Climate Leader, to discuss some of the key themes that came out of both our white paper as well as the 2023 annual WEF meeting, which Emma attended alongside world leaders.In this episode, you'll hear discussion of:4:50 - How climate commitments – and progress toward them – have evolved since the 2015 Paris Agreement12:17 - Managing competing sustainability agendas20:50 - Climate adaptation: definitions and key actions businesses can take31:06 - Who will pay for adaptation31:39 - How measurement and disclosure of sustainability progress has evolved50:13 - Final advice for companies working to optimize their climate agendaLooking for more information on climate adaptation? Check out our white paper on Accelerating business action on climate change adaptation.Emma Cox is PwC's Global Climate Leader, driving the delivery of our client-focused global climate strategy. In addition to previously serving as PwC UK's Head of Purpose, Emma also led its Sustainability and Climate Change practice, with a team of sustainability and climate change specialists advising public and private sector clients in the UK and internationally on sustainability, development, urbanization, and climate change-related 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.

The Task Force for Climate Related Financial Disclosures (TCFD) framework underpins each of the “big 3" sustainability disclosure proposals issued in 2022. But before it was incorporated in any of these proposals, TCFD was a heavyweight in its own right in terms of the breadth of its adoption. How did TCFD become what it is today?Heather Horn was joined by Jon Williams, PwC partner and TCFD member, to unpack the history of the TCFD and look ahead to how the framework may continue to shape sustainability reporting in the future.In this episode, you'll hear discussion of:2:40 - The TCFD's history and why it was initially formed12:07 - How the TCFD works to achieve stakeholder consensus on its framework recommendations16:10 - Updates on where adoption of the TCFD framework stands at five years from its founding20:43 - Perspectives on how regulators are raising the bar on TCFD disclosures24:35 - How the TCFD was designed to interact with other existing frameworks, including the Climate Disclosure Project (CDP)29:53 - Updates on the TCFD's work plan for 202336:55 - Advice for companies who will be subject to mandatory TCFD disclosures in the futureLooking for more information on TCFD reporting and scenario analysis? Check out our previous podcast on Leveraging TCFD for climate-related disclosures.Jon Williams is a member of the TCFD and co-leads the PwC UK's Sustainability & Climate Change practice. With over three decades of experience in sustainable finance and strategy, Jon focuses on issues relating to climate change, biodiversity, water, and poverty alleviation. His clients include financial institutions in both developed and developing economies as well as companies in the retail, consumer goods, healthcare, energy, and mining sectors.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.

Things will get worse before they get better, according to Kevin Ellis, chair and senior partner at PwC UK. He says a UK recession is definitely coming and that some businesses will go under. But he also says that investment may rescue the "good bits of business early enough." Ellis tells David Merritt and Francine Lacqua on this week's episode of In the City that he sees signs the UK economy will come out of a downturn "quite quickly." They also discuss the merits of being in the office at least 3 days a week and why a lot of talent is looking to work outside of London.  See omnystudio.com/listener for privacy information.

What would it take to show and give your absolute best at work? Even having to ask the question suggests there's something amiss. Perhaps it's because we've been told what we're not good at that we've forgotten what we are good at. Or we've been wearing a mask for so long that it's all become part of a performance. Andy Woodfield has spent his career trying to figure out the uniqueness and the dreams of the people he works with. That curiosity leads to powerful human connection, and a conversation about what they can do together. The foundation of exceptional teamwork and performance.Building this culture of inclusion and belonging is not for the faint-hearted. It's really hard work. Even harder if you have to come out every week as a partner who happens to be gay. In this podcast, Andy shares his own story of coming out, figuring out his own uniqueness and his place. He describes his ways of discovering the best in other people, methods that have become movements.This episode is for anyone who is looking to take their performance to the next level, who may feel like they're not giving their best at work, or who wants to get the best out of their team.About Andy: Andy is the Global International Development Leader at PwC, Global Client Partner for the Foreign, Commonwealth, and Development Office, Partner sponsor for the Alumni Network, the Leadership Exchange, and the Shine network (LGBTQ+), and the Founder of Liliput Gin.He undertook a two year cycle of experience as the Chief Sales and Marketing Officer for PwC UK, transforming the firm's sales, marketing and client experience capabilities to bring the firm's people closer to their clients. He was also a 2020 Finalist for the MCA Outstanding Achievement Award. Resources:Website: https://www.andywoodfield.com/ Book (This is your moment): andywoodfield.com/book My resources:Sign up to my Strategic Leader newsletter (http://bit.ly/36WRpri) for stimuli, ideas, guidance and tips on how to lead your team, organisation or self more effectively, delivered straight to your inbox:  If you're not subscribed already do subscribe to my youtube channel (http://bit.ly/3cFGk1k) where you can watch the conversation.Take the Extraordinary Essentials test (https://bit.ly/3EhSKY5) to identify your strengths and development areas.For more details about me:★Services (https://bit.ly/373jctk) to CEOs, entrepreneurs and professionals.★About me (https://bit.ly/3LFsfiO) - my background, experience and philosophy.★Examples of my writing (https://bit.ly/3O7jkc7).★Follow me and engage with me on LinkedIn (https://bit.ly/2Z2PexP)★Follow me and engage with me on Twitter (https://bit.ly/36XavNI).My equipment:★ Shure SM7B Vocal Dynamic Microphone: https://amzn.to/3AB9Xfz★ Focusrite Scarlett 2i2 3rd Gen USB Audio Interface : https://amzn.to/3AFeA8u★ 2M XLR Cable: https://amzn.to/3GGxkbf★ Logitech Brio Stream webcam. https://amzn.to/3EsWt6C★ Elgato Key Light: https://amzn.to/3Xhiqyh★ Elgato Light Strip: https://amzn.to/3gyZF8P★ Riverside.fm for recording podcasts. bit.ly/3AEQScl ★ Buzzsprout Podcasting Hosting gets (listing podcasts on every major podcast platform along with listening analytics. bit.ly/3EBPNTX[These are affiliate links so I receive a modest commission if you buy them.]

If you want less of something, tax it more. That's what many governments have been trying to do with carbon. But carbon pricing is controversial and difficult to implement technically. So, given the urgency to reduce the use of fossil fuels, reduce emissions and reach more aggressive climate goals, should businesses prepare for an expansion in carbon taxation? Should it be a priority for people who care about climate change?   Hosts Lizzie O'Leary and Ayesha Hazarika talk with Danae Kyriakopoulou—from the Grantham Research Institute on Climate Change and the Environment—about the role this kind of tool can play in the race to net zero, and with Ian Milborrow, a sustainability and climate-change partner with PwC UK, about what business needs to know. 

This is the last episode in our CEO Series, in which we will be deep diving into what it takes to be a CEO.Kevin Ellis is Chair and Senior Partner of PwC UK. Starting his career as a graduate, he has now worked for PwC for 38 years. In this episode they discuss Kevin's experiences of leadership, touching on the importance of nurturing a culture that motivates talented people, accepting difficult feedback, and creating a legacy by lifting others up - ensuring the success of the business for generations to come. They also discuss the importance of respect, acknowledging everyone in your team and engaging with people at the start of their careers. Kevin shares that the best part of his role is the meaning he finds in helping others.Thank you to PwC for sponsoring this special CEO Series. PwC's purpose is to build trust and solve important problems, and their global strategy - The New Equation - is bringing this to life for their clients, people and society. By combining technology with human ingenuity, passion and experience, PwC works with organisations to deliver more intelligent, sustained outcomes. Hosted on Acast. See acast.com/privacy for more information.

The Task Force on Climate-related Financial Disclosures (TCFD) framework forms the basis of climate-related rules within each of the major ESG disclosure proposals released this year. The UK is the first jurisdiction to mandate reporting under the TCFD for listed companies. This requirement was effective for 2021, meaning these reports were available for the first time in 2022.  Heather Horn sat down with Mark O'Sullivan, PwC UK's Head of Corporate Reporting, and Hilary Eastman, Director of Investor Engagement at PwC, to discuss PwC's observations on our review of the first 50 companies that reported under this mandate, as well as investor perspectives related to the filings.In this episode, our guests discuss:3:23 - Overview of our review of TCFD reporting in the UK10:06 - What we know about investor views on the importance of climate risk management17:08 - The areas investors want to understand, including the relevance of climate risk to the business, and the related financial impacts26:03 - Key challenges faced by companies when reporting under the TCFD framework31:40 - How companies in different industries approached the disclosures42:24 - The areas cited in reviews by the UK's Financial Reporting Council (FRC) and Financial Conduct Authority (FCA)47:09 - Advice for companies contemplating how best to prepare for future ESG disclosuresWant to learn more about developments in ESG and TCFD? Read PwC UK's report, The green shoots of TCFD reporting, along with our previous podcast on leveraging TCFD for climate-related disclosures. Also see the FRC's and FCA's reports on their reviews of TCFD disclosures, as well as the FRC's lab report on net zero disclosures.Hilary Eastman leads global investor engagement at PwC and has extensive experience advising on ESG reporting strategy. She manages the firm's relationships with the investment community in the UK and globally. In her role, Hilary works with investors and analysts to get their views on a variety of corporate reporting and governance matters to help companies improve their reporting to the capital markets.Mark O'Sullivan is PwC UK's Head of Corporate Reporting. He has more than 15 years of experience advising leading organizations on current and best practices in reporting and the implementation of new reporting strategies to meet the needs of the capital markets. Mark also oversees PwC's annual review of corporate reporting practices in the FTSE 350.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.

The rapid development of the mRNA covid vaccine shows that breakthrough innovation can happen at great pace when needed - so what's holding us back in other areas? How can the world – and business – deliver transformational new technologies at speed?  Drawing on lessons from the development of other breakthrough technologies, Chief Operating Officer of Wellcome Leap and former acting director of the United States' Defense Advanced Research Projects Agency (DARPA), Ken Gabriel, talks about the recipe for breakthrough, rather than incremental, innovation.  He is joined by PwC UK's Leo Johnson, Head of Disruption & Innovation, to discuss the future of innovation for some of society's biggest challenges and the crucial issue of trust. 

 Ethics in AI is considered vital to the healthy development of all AI technologies, but this is easier said than done. In this episode of How AI Happens, we speak to Maria Luciana Axente to help us unpack this essential topic. Maria is a seasoned AI policy expert, public speaker, and executive and has a respected track record of working with companies whose foundation is in technology. She combines her love for technology with her passion for creating positive change to help companies build and deploy responsible AI. Maria works at PwC, where her work focuses on the operationalization of AI, and data across the firm. She also plays a vital role in advising government, regulators, policymakers, civil society, and research institutions on ethically aligned AI public policy. In our conversation, we talk about the importance of building responsible and ethical AI, while leveraging technology to build a better society. We learn why companies need to create a culture of ethics for building AI, what type of values encompasses responsible technology, the role of diversity and inclusion, the challenges that companies face, and whose responsibility it is. We also learn about some basic steps your organization can take and hear about helpful resources available to guide companies and developers through the process.Key Points From This Episode:Maria's professional career journey and her involvement in various AI organizations. The motivation which drives AI and machine learning professionals in their careers.How to create and foster a system that instills people with positivity. Examples of companies that have successfully fostered a positive and ethical culture.What are good values for building responsible and ethical technology. We learn about the values the responsible AI toolkit prescribes.Some of the challenges faced when building responsible and ethical technology.An outline of the questions a practitioner can ask to ensure operation by the universal ethics.She shares some helpful resources concerning ethical guidelines for AI. Why diversity and inclusion are essential to building technology. Whose responsibility it should be to ensure the ethical and inclusive development of AI.We wrap up the episode with a takeaway message that Maria has for listeners. Tweetables:“How we have proceeded so far, via Silicon Valley, 'move fast and break things.' It has to stop because we are in a time when if we continue in the same way, we're going to generate more negative impacts than positive impacts.” — @maria_axente [0:10:19]“You need to build a culture that goes above and beyond technology itself.” — @maria_axente [0:12:05]“Values are contextual driven. So, each organization will have their own set of values. When I say organization, I mean both those who build AI and those who use AI.” — @maria_axente [0:16:39]“You have to be able to create a culture of a dialogue where every opinion is being listened to, and not just being listened to, but is being considered.” — @maria_axente [0:29:34]“AI doesn't have a technical problem. AI has a human problem.” — @maria_axente [0:32:34]Links Mentioned in Today's Episode:Maria Luciana Axente on LinkedInMaria Luciana Axente on TwitterPwC UKPwC responsible AI toolkitSama

In this TP Talks episode, David Ernick (Transfer Pricing Principal in PwC's US National Tax Services practice), Kartikeya Singh (Transfer Pricing Principal in PwC's US National Tax Services practice), and Giorgia Maffini (Transfer Pricing and Tax Policy Director with PwC UK) continue the Pillar Two discussion, focusing on the  commentary published in March and how it has slightly reinterpreted the role of transfer pricing in Pillar Two; developments in Europe, including the UK stakeholder consultation and the ECOFIN progress regarding implementation of Pillar Two within the European Union; US developments; and the transfer pricing implications in instances of double taxation in the Pillar Two system.Stay tuned for future TP Talks podcasts covering Pillar Two developments. Support the show

In this podcast, David Ledure (Transfer Pricing Partner, PwC Belgium), Ed Baghdasarayan (Transfer Pricing Partner, PwC Australia), Dan Pybus (Transfer Pricing/EMEA Financial Transactions TP Leader, PwC UK), and Bob Ritter (US Financial Transactions Transfer Pricing Leader) discuss the 2022 outlook for financial markets and policy environment, focusing on trends with regard to interest rates and debt leverage; ESG and sustainable financing; transfer pricing court cases; other general tax initiatives impacting financing; key takeaways from the US final regulations on the LIBOR transition; emerging practices in the market regarding intercompany finance policies; and cryptocurrency.Support the show (https://www.pwc.com/gx/en/services/tax/transfer-pricing.html)

In this conversation, I speak with Jeremy Dalton, the Head of XR at PwC UK, and author of Reality Check: How Immersive Technologies Can Transform Your Business. Jeremy's work aims to help clients understand, quantify, and implement the benefits of virtual reality and augmented reality, a set of technologies sometimes collectively referred to as XR, immersive technologies or spatial computing. Alongside his fascinating book on the subject, Jeremy has given talks all over the world on the future of XR and his work has been featured in newspapers, radio and online through The Financial Times, the BBC, and many more. As part of his mission to educate, connect and inspire, he has worked with the World Economic Forum on XR initiatives and currently sits on the advisory board of Immerse UK, a UK government supported cross-sector network for businesses, research groups and educational organisations that are engaged with immersive technologies. Recorded on 15th January 2021.