PwC is committed to giving you practical solutions to make your financial reports less complex and more accessible. Our Value Accounts series will help you streamline financial reports by showing you how to:
- group content into logical sections
- highlight important information by making it more prominent
- use plain English and cut down on jargon, and
- use colour and headings so readers can easily navigate financial reports and find related information.
December 2024 and June 2024
The December 2024 Value Accounts publication includes example disclosures for:
- the OECD Pillar Two amendments relating to the implementation of a 15% global minimum tax
- the amendments relating to the classification of liabilities as current or non-current
- non-current liabilities with covenants
- supplier finance arrangements
This publication was further updated in March 2025 to reflect:
- Amendments to the Consolidated Entity Disclosure Statement (CEDS) requirements, clarifying definitions and disclosure regarding tax residency. These will apply for reporting periods ending on or after 30 June 2025
- IFRIC Agenda Decision on ‘Disclosure of Revenues and Expenses for Reportable Segments (IFRS 8 Operating Segments)
Value Accounts Simplified Disclosure shows the disclosures required for companies that are reporting under AASB 1060 General Purpose Financial Statements - Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities.
