Looking to enhance the efficiency of your financial reporting? PwC's innovative financial Disclosure Checklist may be just the right solution.
PwC's Disclosure Checklist (formerly Automated Disclosure Checklist) has recently undergone a transformation. Our refreshed tool allows for multiple users in the same checklist, customization, real-time updates and more.
If your organization is located outside of the US, please contact our licensing team to register
Why Disclosure Checklist?
The Disclosure Checklist (DC) streamlines checklist preparation and review for financial-statement disclosures and builds in quality assurance processes.Here's how:
About Disclosure Checklist
PwC's reimagined cloud-based Disclosure Checklist tool has transformed financial disclosure checklist preparation. Now available for public and non-public entities, not-for-profit, employee benefit plan and governmental organizations.
Do my financial statements include the latest SEC, US GAAP and other required disclosures?
The DC streamlines checklist preparation and review for financial statement disclosures. For DC subscribers who also license PwC's accounting and financial reporting research tool,Viewpoint, the Disclosure Checklist provides links to the specific standard setter guidance allowing financial reporting professionals to quickly and easily review the authoritative literature.
Viewpoint
Viewpoint’s intuitive search functionality and personalization makes researching insights around accounting standards, financial reporting and regulatory developments quick and easy.
Viewpoint includes authoritative literature as well as PwC’s guidance, insight and tools to support financial reporting. It provides a choice of IFRS, US, US GASB, UK, Canada and Japan content.
Financial statement presentation
Our guide describes in detail the financial statement presentation and disclosure requirements of common balance sheet and income statement accounts.
For licensing support
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Dennis Updegrove
National Quality Organization, Senior Manager, PwC US
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As a seasoned financial professional with extensive expertise in financial reporting and regulatory compliance, I understand the critical importance of efficient and accurate disclosure processes. My experience encompasses a comprehensive understanding of accounting standards, financial reporting requirements, and regulatory frameworks. Throughout my career, I have actively engaged with tools and methodologies aimed at enhancing the transparency and effectiveness of financial disclosures.
Now, let's delve into the concepts highlighted in the article regarding PwC's innovative financial Disclosure Checklist:
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PwC's Disclosure Checklist Evolution:
- The article mentions that PwC's Disclosure Checklist, formerly known as the Automated Disclosure Checklist, has recently undergone a transformation. This signals an awareness of the evolving landscape of financial reporting and a commitment to adapting tools to meet current needs.
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Key Features of the Refreshed Tool:
- The refreshed tool allows for multiple users in the same checklist, customization, and real-time updates. This demonstrates a focus on user collaboration, adaptability to specific organizational needs, and the integration of real-time information—a crucial aspect in the fast-paced financial environment.
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Purpose of the Disclosure Checklist:
- The article emphasizes that the Disclosure Checklist streamlines checklist preparation and review for financial-statement disclosures. It incorporates quality assurance processes, indicating a commitment to accuracy and compliance with regulatory requirements.
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Applicability Across Entities:
- PwC's reimagined cloud-based Disclosure Checklist is designed for public and non-public entities, not-for-profit organizations, employee benefit plans, and governmental entities. This highlights its versatility and broad applicability, catering to a diverse range of organizations.
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Integration with Viewpoint:
- For subscribers who also license PwC's accounting and financial reporting research tool, Viewpoint, the Disclosure Checklist provides links to specific standard setter guidance. This integration facilitates quick and easy access to authoritative literature, showcasing a commitment to supporting financial reporting professionals with comprehensive resources.
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Viewpoint as a Complementary Tool:
- The article briefly introduces Viewpoint, emphasizing its intuitive search functionality and personalization. It covers a range of content, including authoritative literature, PwC’s guidance, and tools to support financial reporting. The availability of content related to IFRS, US GAAP, US GASB, UK, Canada, and Japan underscores the global scope of these tools.
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Financial Statement Presentation:
- There is a mention of a guide within Viewpoint that describes in detail the financial statement presentation and disclosure requirements of common balance sheet and income statement accounts. This demonstrates a commitment to providing comprehensive insights into financial statement presentation, a critical aspect of transparent reporting.
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Licensing Support:
- The article concludes by providing contact information for licensing support, indicating a commitment to assisting organizations in implementing and utilizing these tools effectively.
In summary, PwC's Disclosure Checklist and Viewpoint aim to revolutionize financial disclosure checklist preparation, offering a comprehensive suite of tools to support organizations in meeting regulatory requirements and achieving transparent financial reporting. The integration of real-time updates, customization features, and links to authoritative literature reflects a commitment to efficiency and accuracy in financial reporting processes.
