The KPMG view

Hosted by Brian O’Donovan, this episode takes as its central theme the need to achieve clarity in financial reporting amid significant uncertainty. It delivers insights from KPMG specialists on a range of topics – including getting ready for IFRS 18 Presentation and Disclosure in Financial Statements, and embracing the challenge of sustainability reporting. ‘ISSB™’ is a Trade Mark and ‘IFRS®’, ‘IA...

Cryptoassets continue to be in the spotlight. Any company considering investing needs to understand the accounting and tax implications to make informed decisions. This podcast features input from Julia LaPointe (Associate Partner, KPMG International Standards Group), Charlotte Lo (Partner, Accounting Advisory Services, Banking & Asset Management, KPMG UK) and Susanne Dixon (Partner, Tax, KPMG...

The European Commission is seeking to simplify the reporting burden for companies. Under its recent package of proposals , only the largest companies would report under European Sustainability Reporting Standards (ESRS). In this podcast, Jan A. Müller (Partner, KPMG in Germany) and Katharina Gädeke (Partner, Regulatory Advisory, KPMG in Germany) discuss the proposals and what they might mean for d...

Hosted by Brian O’Donovan, this episode takes as its central theme the need to drive clarity in financial reporting. It delivers insights from KPMG specialists on a range of topics – including climate-related matters, valuation and impairment, changes to presentation and new disclosures and, finally, the growing importance of connectivity between a company’s financial statements and all other publ...

Hosted by Brian O’Donovan (KPMG Global IFRS Leader), this episode addresses the current uncertain times and delivers insights from KPMG specialists on a range of topics – including climate-related risks and connectivity, valuation and impairment, implications of the new global top-up tax, disclosing material accounting policies and finally, how the new insurance contracts standard is playing out i...

Increasingly, incentives offered to executives as part of their pay packages can include delivering on a company's ESG strategy. For example, executive bonuses based in part on progress towards a company's net-zero target. In this podcast – the latest in our series on the impact of the transition towards net zero – Rachel Tucker and Anthony Voigt take a closer look at what’s happening in this spac...

When a company pledges to meet net-zero targets by a certain date, it faces heightened scrutiny of the steps to be taken to meet such commitments and their potential financial reporting impacts. Stakeholder expectations are high, and if a company is to successfully communicate its progress towards net-zero goals, meaningful and connected disclosures will be crucial. In this podcast – the latest in...

The release of the first two IFRS® Sustainability Disclosure Standards is a key milestone in the evolution of the sustainability reporting landscape towards high-quality mandatory reporting. We now have a clear global baseline for investor-focused sustainability reporting that local jurisdictions can build on. In this podcast – the first in a new series focusing on ESG reporting – Bryce Ehrhardt a...

Companies generating carbon credits under voluntary green schemes face a number of financial reporting considerations – especially given the absence of requirements under IFRS® Accounting Standards that apply specifically to these schemes. In this podcast – the latest in our series on the impact of the transition towards net zero – Allison McManus and Irina Ipatova provide some pointers for compan...

As companies progress towards their net-zero emissions targets, the rise in voluntary green schemes has triggered an increase in financial reporting questions on their accounting treatment. In this podcast – the second in our series on the impact of this transition on financial reporting under IFRS® Accounting Standards – Allison McManus and Irina Ipatova look specifically at how voluntary green s...

Companies across many different sectors have announced their net-zero carbon commitments – as part of a drive towards a greener economy. As businesses embrace new arrangements and operational changes to hit their net-zero targets, they face both challenges and opportunities. In this podcast – the first in a new series on the impact of this transition on financial reporting under IFRS Accounting St...

Within the space of a few weeks, the International Sustainability Standards Board (ISSB™ Board), EFRAG and the SEC have all published proposed sustainability reporting standards. Some are more detailed than others, and some cover wider issues for a wider stakeholder group. All of them represent significant steps towards greater connectivity between sustainability reporting and financial reporting....

Interconnectivity between the financial statements and the rest of the annual report on climate-related matters is a key concern for investors and regulators. Investors are challenging the lack of sufficient disclosure of climate-related information in financial statements and are seeking greater transparency and clarity.  The 2021 reporting season is an opportunity for companies to close this inf...

All companies are facing climate-related risks and opportunities – and are making strategic decisions in response. To complement the launch of our Climate change financial reporting resource centre , Reinhard Dotzlaw asks the authors of its first articles to each give an insight into how these climate-related risks and strategic decisions could impact their financial statements. ‘IFRS®’, ‘IASB®’,...

Buying or selling a business may be a step too far for you – you may simply want to partner with others. If that’s the case, figuring out what type of transaction you have entered into can be tricky. The accounting really depends on whether you are jointly controlling a business, you’re buying a share in another company or simply bringing in investors by issuing shares of one of your companies. In...

Unlike acquiring a business, there isn’t one single IFRS standard that covers selling a business. Instead, there are several standards that you’ll need to consider along the way, from when you first start thinking about selling a business right up until the cash is in the bank. In this podcast, Peter Carlson and Julia LaPointe look at the relevant IFRS Standards and consider the steps that compani...

As the world begins to emerge from the COVID-19 pandemic, merger and acquisition (M&A) activity is on the rise. Companies should be aware of the accounting requirements before the transaction takes place so the implications can be considered as the deal is being negotiated. In this podcast, Andrea Schriber and Julia LaPointe look at the relevant IFRS Standards, including IFRS 3 Business Combinatio...

The new lease accounting standards are now effective for calendar year-end companies, both under IFRS and US GAAP. In this podcast, Dean Bell, Markus Kreher and Brian O’Donovan discuss the findings of KPMG’s Global Lease Accounting Survey and explore what companies can do to overcome the challenges of complying. 'IFRS'is a registered trademark of the IFRS Foundation and is used by KPMG IFRG Limite...

Companies are finding that their interactions with crypto-assets are increasing. In this podcast, Andrew Schofield and Charlotte Lo examine some of the risk and governance issues that management and audit committees need to bear in mind.   'IFRS' is a registered trademark of the IFRS Foundation and is used by KPMG IFRG Limited under licence subject to the terms and conditions contained therein. Pl...

In this podcast, Brian Fields and Emma Hunter deliver a high-level overview of emerging blockchain technology and discuss some of its key impacts and implications. 'IFRS' is a registered trademark of the IFRS Foundation and is used by KPMG IFRG Limited under licence subject to the terms and conditions contained therein. Please contact the IFRS Foundation for details of countries where its trademar...