Reporting reset – Consolidation disclosures

PwC's accounting podcast · Apr 8, 2025 · 26m

We continue our back-to-basics series on financial statement presentation with an episode focused on consolidation disclosures. These disclosures can be complex, covering both consolidated entities – such as variable interest entities (VIEs) and voting interest entities (VOEs) – as well as variable interests in VIEs that are not consolidated. This episode breaks down the relevant frameworks, presentation principles, and disclosure requirements.In this episode, we discuss:2:00 – The purpose of consolidated financial statements and the guiding frameworks5:50 – General consolidation presentation…