Pwc's Cfodirect Podcast

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.In each episode of our Year-end toolkit series, our guests share insights on key areas of the year-end accounting and reporting process. The conversations are relevant for all finance teams, even if it’s not year-end close time. And it’s relevant even for those not engaged in the company’s closing process – the episodes have something for everyone.This episode covers the statement of cash flows - what statement of cash flow areas the SEC is focusing on, why it remains a frequent area of restatement, and the most commonly asked questions our team is seeing in practice.In this episode, we discuss:4:11 – Key takeaways from the 2024 AICPA/SEC Conference9:43 – Funds held on behalf of others and assessing predominance18:48 – Non-cash transactions, constructive receipt and disbursement, and the cash flow treatment of cryptocurrency28:50 – Gross versus net cash flows and cash flow treatment of: excise taxes, insurance recoveries