Washington politics, public policy, and financial reporting

PwC’s US public policy leader Roz Brooks joins Heather Horn to discuss Capitol Hill and the impact of politics and public policy on the financial statements. Topics include: 0:46 - Congressional interest in the FASB. Roz explains why Congress is focusing on accounting rules and how Congress and the FASB interact.9:36 - Risks and uncertainties. We dive into more specific areas of focus that may impact companies, including privacy.13:03 - Trade and tariffs. Roz provides an update on the trade wars and how they may impact financial statement preparers and users.19:11 - Final thoughts. We wrap up by looking ahead to public policy in an election year.About our guestAs PwC's US Public Policy Leader, Roz Brooks is responsible for ensuring PwC has a voice in important debates at the nexus of business and government and helping the firm successfully execute its business strategy. Roz leads PwC’s engagement with Congress, the White House, regulatory agencies, state and local governments, and organizations including trade associations, think tanks, and NGOs. In addition, she is responsible for the firm’s compliance matters in the areas of lobbying and political contributions. She also serves on PwC’s Global Regulatory & Policy Board, where she collaborates with her international counterparts to set direction of the global network’s strategy on engagement with regulators worldwide.About our hostHeather 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, as well as periodic webcasts for the power and utilities industry. With over 25 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 [email protected].