Tuesday 03 December 2019 5:00 PM
Being able to understand the financial accounts of an organisation is an essential skill for board members. You don't need to be a numbers expert or to be deeply familiar with accounting standards and terminology but you do need to have a basic understanding of key elements of a Balance Sheet and Profit & Loss / Income & Expenditure Statement, along with the confidence to ask questions on areas which are not clear or give you cause for concern.
Dasa Brynjolffssen works in PwC's Accounting Consulting Services (ACS) group which provides IFRS and UK GAAP accounting advice to both staff within the firm and external clients. Dasa has specialised in a number of areas during her time in ACS including accounting for revenue recognition, employee benefits, and taxation.