Summary: The UK's anticipated March 29 departure from the EU is top of mind for many businesses. Brexit will impact the global business community - including entities doing business with the UK and international companies with UK operations.In this episode, PwC partner Heather Horn and a panel of PwC professionals discuss 5 things you need to know about the accounting considerations related to Brexit, including: Impairment (goodwill, intangible assets, nonfinancial assets), Impact on financial assets (including valuation and hedge accounting), Restructuring, Tax accounting and Financial statement disclosures.
