The falling cost of fuel means there are winners (airlines, plastics and chemical manufacturers) and losers (rail operators that see their price advantage relative to trucking narrowing).

In our latest podcast, we talk to Elizabeth Paul, a partner with PwC’s national professional services group about what companies affected by fluctuating fuel prices must consider. That includes ensuring the adequacy Management Discussion & Analysis disclosures to the Securities and Exchange Commission. It is also important, as an accounting exercise, to explain the extent to which increased profits are due to better margins and not higher revenue. Companies that are negatively affected should be transparent about what lower oil prices mean beyond revenue and profits, including the potential for inventory valuation and liquidity issues, and impairment to long-lived assets, she says.

Listen to the Podcast. (14 min., 13 MB)

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