The IASB proposes accounting changes for renewable electricity contracts

<!DOCTYPE HTML> <html class="dita-content" lang="en"> <head> <title> The IASB proposes accounting changes for renewable electricity contracts </title> <script type="text/javascript" src="https://cdn.cookielaw.org/consent/29ee5fdf-5623-495a-92d8-5e0061fefbdf/OtAutoBlock.js"></script><script src="https://cdn.cookielaw.org/scripttemplates/otSDKStub.js" type="text/javascript" charset="UTF-8" data-domain-script="29ee5fdf-5623-495a-92d8-5e0061fefbdf"></script><script type="text/javascript">function OptanonWrapper() { }</script> <link rel="stylesheet" href="/etc.clientlibs/pwc-madison/clientlibs/clientlib-dependencies-vp.min.css" type="text/css"> <link rel="stylesheet" href="/etc.clientlibs/pwc-madison/clientlibs/clientlib-base-vp.min.css" type="text/css">  <meta charset="UTF-8"/> <meta content="IE=edge,chrome=1" http-equiv="X-UA-Compatible"/> <meta name="viewport" content="width=device-width, initial-scale=1.0, maximum-scale=1.0, user-scalable=0"/> <meta name="format-detection" content="telephone=no"/> <meta property="og:title" content="The IASB proposes accounting changes for renewable electricity contracts "/> <meta property="og:description" content="The IASB has published an exposure draft, proposing narrow-scope amendments to IFRS 7 and IFRS 9 to help entities better reflect, in their financial statements, the effect of entering into contracts for renewable electricity. 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You can further refine your search by combining multiple words with a search operator (AND, OR, NOT)."> <img src='/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/info.svg' class='icon_info'/> </div> <input type="text" name="q" autocomplete="off" placeholder="Type your search..."/>  <span class="close-global-search icon-close-popup"> </span> </div> </form> <div class="recent-search-results"> <h5>Your recent searches</h5> <ul></ul> </div> <div class="search-results"> <div class="sugested-wrapper"> <div class="results suggestions"> <h5>Suggested terms</h5> <ul></ul> </div> <div class="results guidance"> <h5>Suggested guidance</h5> <ul></ul> </div> </div> <div class="submit-btm"> <button form="searchform" type="submit"> Search </button> </div> </div> </div> </div> <a href="#autocompleteSearch" class='search' id='search-link'> <span class='search'></span> <span class="search-text">Search</span> </a> </div> <div class="navbar-end is-flex"> <div class="navbar-item profile-menu header-dropdown"> <h5> <a data-href="/bin/userreg/authenticate" style="display: none;" v-show="!isUserLoggedIn" href="javascript:void(0);" class="signin-modal-trigger user-login" id="animatedTemplateModal" ref="samlAuthLoginButton">Sign in</a> <span style="display: none;" v-show="!isUserLoggedIn">\</span> <a data-register-link="https://login.pwc.com/identity/register?goto=" style="display: none;" href="javascript:void(0);" v-show="!isUserLoggedIn" class="register-modal-trigger user-register" id="registermobile">Register</a> </h5> <h5 @click="openProfileMenu" style="display: none;" v-show="isUserLoggedIn"> <p ref="helloMessage" data-hello-message="Hello {0}">{{helloMessage}}</p> <span class="icon-caret-down"></span> <div class="account_sub_nav"> <ul> <li><a href="javascript:;" class="prevent-body-scroll edit-profile">Profile</a></li> <li @click="logout"><a href="javascript:void(0);">Log out</a></li> </ul> </div> </h5> </div> <div class="navbar-item 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href="/gx/en/favorite-list.html" class="view-favorites">View all favourites</a> </div> </div> </h5> </div> <div class="navbar-item "> <span class="spacer"></span> </div> <div class="navbar-item language-menu"> <div class="redirect-guide-target"></div> <h5> <p>GX \ EN</p> <span class="icon-caret-down"></span> <div class="language_sub_nav"> <div class="search-field"> <input type="text" id="languageSearch" placeholder='Find a Territory' class="search-field__input" autocomplete="off"/> <span id="clearSearch" style="display:none;">×</span> </div> <ul> <li> <a data-component-name="header" data-link-title="Canada (English)" href="/ca/en.html">Canada (English)</a> </li> <li> <a data-component-name="header" data-link-title="Canada (French)" href="/ca/fr.html">Canada (French)</a> </li> <li> <a data-component-name="header" data-link-title="Global (English)" href="/gx/en.html">Global (English)</a> </li> <li> <a data-component-name="header" data-link-title="Japan (Japanese)" href="/jp/ja.html">Japan (Japanese)</a> </li> <li> <a data-component-name="header" data-link-title="United Kingdom (English)" href="/uk/en.html">United Kingdom (English)</a> </li> <li> <a data-component-name="header" data-link-title="United States (English)" href="/us/en.html">United States (English)</a> </li> </ul> </div> </h5> </div> </div> </div> </div> </nav> <input type="hidden" name="blacklisted-domains" value="^pwc\.com,^.*\.pwc\.com"/> <input type="hidden" name="pageLocale" value="en_gx"/> <input type="hidden" name="audience" value="s_p_a"/> <input type="hidden" name="cc" value="sp_k"/> <input type="hidden" name="pageTerritoryCode" value="gx"/> <input type="hidden" name="blacklisted-domains" value="^pwc\.com,^.*\.pwc\.com"/> <input type="hidden" id="maxSuggestionCount" value="3"/> <input type="hidden" id="minCharSuggestionCount" value="3"/> <input type="hidden" id="maxSuggestedGuidance" value="4"/> <input type="hidden" id="maxSuggestedGuidanceSlides" value="6"/> <input type="hidden" id="suggestedGuidanceTimeout" value="400"/> <input type="hidden" id="searchPlaceHolder" value="Search within section..."/> <nav class='navbar subnav' style="display: none;"></nav> </div> </noindex> <script> function getInternalTitleList() { var madisonTitleList = JSON .parse('[{\x22id\x22:\x22\/content\/pwc\u002Dmadison\/global\/user\u002Dpreferences\/title\u002Dinternal\/gx\/director\x22,\x22title\x22:\x22Director\x22,\x22mappedTerritory\x22:\x22gx\x22,\x22i18nKey\x22:\x22Preferences_Title_director\x22,\x22tags\x22:[\x22pwc:role\/non_executive\x22],\x22translatedTitles\x22:{\x22en_gb\x22:\x22Director\x22,\x22fr_ca\x22:\x22Director\x22,\x22en_rm\x22:\x22Director\x22,\x22en_gx\x22:\x22Director\x22,\x22en_us\x22:\x22Director\x22,\x22en_ca\x22:\x22Director\x22,\x22ja_jp\x22:\x22Director\x22}},{\x22id\x22:\x22\/content\/pwc\u002Dmadison\/global\/user\u002Dpreferences\/title\u002Dinternal\/gx\/intern\u002Dor\u002Dtrainee\x22,\x22title\x22:\x22Intern or 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aem-Grid--default--12 "> <div class="topic aem-GridColumn aem-GridColumn--default--12"> <div class="topic doc-body-content" id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6" > <section id="madison-title-print" class="is-paddingless print-hidden"> <div class="print-body-header">  <nav class="navbar-madison primary" role="navigation" aria-label="main navigation"> <div class="container is-flex"> <div class="navbar-brand"> <div class="navbar-item"> <a href="/"> <img class="logo" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/pwc_logo@2x.png" alt="PwC logo@2x"/> </a> <span class="border"></span> <h5>Viewpoint</h5> </div> </div> </div> </nav>  <div class="doc-body-head columns"> <div class="column is-4"> <img alt="Madison illustration" src="/content/dam/pwc-madison/ditaroot/gx/en/pwc/in_briefs/assets/in_brief_title_image.jpg"/> </div> <div class="column title"> <div class="badge-favorited-container"> <p class="badge-favorited active">Favorited Content</p> </div> <h1>The IASB proposes accounting changes for renewable electricity contracts </h1> <div class="publication">Publication date: 10 May 2024   </div> <div class="in-depth"><span class="is-uppercase">gx</span> In brief INT2024-12 </div> </div> </div> </div> </section> <div style="display: inline;"><div style="display: inline;"> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_key-points-bc99e9a9-26b8-4a01-8fe8-f1eae2107d93" class="callout"><p><strong>Key points</strong></p> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-a98eaba7-abc7-4784-8b48-02569a000b95" class="p">The IASB has published an exposure draft proposing narrow-scope amendments to IFRS 9 ‘Financial Instruments’ and IFRS 7 ‘Financial Instruments: Disclosures’ to help entities better reflect, in their financial statements, the effects of entering into renewable electricity contracts.</div> </div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-b6b93145-1bdb-4ce5-96b9-b3b8d3a240af" class="p"><b id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_b-ed3858c6-b523-41b6-b377-883f2f027cff" class="ph b">What is the issue?</b></div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-57b275f4-9a21-4bbe-b59c-ceefe5ddac6a" class="p">Contracts for electricity from renewable energy sources, such as wind and solar power, play an important role in many entities’ sustainability commitments.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-e93c52c2-d3ec-4b07-81fa-1ef83dd743ef" class="p">These contracts are often structured as long-term ‘power purchase agreements’ (‘PPAs’). One type of PPA provides the purchaser with a fixed proportion of electricity generated by the renewable energy source at a fixed price per unit (“physical PPAs”). Another type of PPA contains a swap that net-settles the difference between a fixed-price cash flow and a floating-price cash flow related to a proportion of the volume of renewable electricity produced (“virtual PPAs” or “VPPAs”). Often these contracts also result in an entity purchasing renewable energy certificates (“RECs”).</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-2005cffa-ca26-41f7-8332-178fc5638f13" class="p">Unlike conventional energy sources, the timing and volume of renewable electricity production is unpredictable due to its nature-dependency. This means that for the contracts described above, there is no direct link between the seller’s production and the purchaser’s needs at the time of production. This creates challenges in practice in accounting for these contracts—particularly the criteria for the ‘own use’ exception in IFRS 9 for physical PPAs, and for hedge accounting.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-ab54f007-5dfa-41a7-9e19-bec6c08aac8e" class="p"><b id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_b-8480292a-5bec-4299-8126-315e9fc0653d" class="ph b">What is the impact?</b></div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-3b44bbd0-a0f3-449d-b79a-d48b59453e0b" class="p">As these contracts become more prevalent, the IASB is proposing <a class="xref pwc-xref" href="https://www.ifrs.org/content/dam/ifrs/project/power-purchase-agreements/exposure-draft/iasb-ed-2024-3-contracts-re.pdf" title="" data-oldlink="true" data-scope="external" data-format="dita" data-type="" target="_blank">narrow-scope amendments</a> to the own use requirements and the hedge accounting requirements of IFRS 9, in addition to new disclosure requirements in IFRS 7.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-54556a25-fcff-4fb4-8af0-b9024f5fc153" class="p">The amendments are targeted to apply only to contracts for renewable electricity for which the source of production is nature-dependent so that supply cannot be guaranteed at specified times or for specified volumes, and the contract is on a ‘pay-as-produced’ basis.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-688cbd0f-0862-420e-9a54-7f399219e607" class="p"><i id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_i-e1134366-be38-4b6c-8bca-30e03fdd5881" class="ph i">The own use requirements</i></div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-1f01fefd-71b4-4bab-8d00-36a5dbaa212d" class="p">The IASB is proposing requirements explaining that when assessing if a renewable electricity contract qualifies for the own use exception, a purchaser would consider:</div> <ul id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_ul-17fe059b-1e0a-4aa7-9bb5-86d2c6cd2208" class="ul"><li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-aa00aca9-ff58-4f5d-af36-95de32721eb7" class="li">the purpose, design and structure of the contract, including the volume expected to be delivered over the remaining duration of the contract; and</li><li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-17af2215-12e1-418f-bc82-80c3b7ddd4df" class="li">the reasons for past and expected sales of unused electricity, and whether they are in accordance with the entity’s expected purchase or usage requirements. </li></ul> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-94f4c3e9-f2a3-4e3e-8105-d5aaa47e6fc8" class="p"><br/>Applying the proposals, a sale of unused electricity would not violate the own use exception if:</div> <ul id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_ul-9f8f4c83-d33d-4374-9f46-25886031e6ae" class="ul"><li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-95fea120-6f02-4e8c-947c-908074596c23" class="li">the sale takes place because the entity’s exposure to the volume risk has given rise to a mismatch between the electricity delivered and the purchaser’s demand at the time of delivery;</li><li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-f98e9e64-63ea-474a-b1c5-816a1f9dc711" class="li">the design and operation of the market in which the electricity is sold results in the entity not having the practical ability to determine the timing or price of the sale; and</li><li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-1157ea5b-b5fb-4939-93d8-5d8d841f6472" class="li">the entity expects to purchase at least an equivalent volume of electricity within a reasonable time after the sale (for example, within one month).</li></ul> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-029247e8-66ed-44a7-9dd0-5530333df510" class="p"><br/><i id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_i-403ae42e-c7a6-44c1-a985-f9b969ae083a" class="ph i">The hedge accounting requirements</i></div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-41fa6d48-50ea-4ebf-a54d-7c3d02a1c9e9" class="p">Difficulties have arisen for entities applying hedge accounting to renewable electricity contracts because IFRS 9 requires the hedged item in a cash flow hedge to be “highly probable” of occurring.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-d1ad666c-16ab-46ee-b67d-842e73492603" class="p">The IASB is proposing requirements for when a renewable electricity contract is designated as the hedging instrument in a cash flow hedge of forecasted sales or purchases of electricity. Applying the proposals, an entity would be permitted to designate a variable nominal volume as the hedged item, if and only if:</div> <ol type="a" start="1"> <li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-3752a5a2-b471-4683-89c4-ced9f1593ebe" class="li">the hedged item is specified as the variable volume of electricity to which the hedging instrument relates; and</li><li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-8a83158a-0913-457b-90fc-bf7d5e51c793" class="li">the variable volume of forecast electricity transactions designated in accordance with a) does not exceed the volume of future electricity transactions that are highly probable.</li></ol> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-1249071e-c0f1-41b0-8f35-790e754625d4" class="p"><br/>However, if an entity designates renewable electricity <i id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_i-d79d7493-5d27-4cf0-91e3-45ca4b8aec02" class="ph i">sales</i> in accordance with a) above, such forecasted sales would not be required to be highly probable if the hedging instrument relates to a proportion of the total future renewable electricity sales from the production facility, as referenced in the contract for renewable electricity.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-897da735-0eb9-4d29-9399-3bdea32e11a1" class="p">An entity would be required to measure the hedged item using the same volume assumptions as those used for measuring the hedging instrument. All other assumptions and inputs used for measuring the hedged item must be reflective of the hedged item only.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-f18c0227-9f4e-4a68-b5ec-d23bb4608121" class="p"><i id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_i-80630915-5354-4e12-b5be-1672d636ed33" class="ph i">Disclosure requirements</i></div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-25c0bf79-8bcc-461c-8a0f-7fc0b56ca398" class="p">The IASB is proposing that for renewable electricity contracts, an entity would be required to disclose the terms and conditions of the contracts and specified quantitative information. The quantitative information includes information related to amounts recognised in the entity’s statement of profit or loss for the period. For contracts not measured at fair value through profit or loss, it would also be required to disclose the contract’s fair value or, alternatively, the expected volume to be purchased (for the purchaser) or sold (for the seller) over the remaining life of the contract.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-ac836e77-8de1-45e6-8d80-fec77c72d65f" class="p"><i id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_i-f5b5575d-be24-4403-9195-92a846bc7ca7" class="ph i">Transition</i></div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-fd5845b6-1ea5-42b0-a2ee-8c057e4a2e18" class="p">The IASB is proposing:</div> <ul id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_ul-f51bcac6-d032-4c25-a054-f096c041924c" class="ul"><li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-8346bd9a-d3d8-4eb4-9b12-ad82f9db1682" class="li">the “own use” amendments would apply retrospectively, but without requiring restatement of comparatives.</li><li id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_li-74c7fa1a-d6c4-4b65-a58c-35c198ab4371" class="li">the hedge accounting amendments would apply prospectively to new hedging relationships, with specific transition requirements for existing hedging relationships.</li></ul> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-72b689b5-733c-4102-b86f-a650e802d9c0" class="p"><br/><b id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_b-7b882a4f-e9f7-40a1-a6d0-2e9e094d8180" class="ph b">What are the next steps?</b></div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-b1d6b558-2642-4d86-8962-b24887feed40" class="p">The exposure draft is <a class="xref pwc-xref" href="https://www.ifrs.org/projects/work-plan/power-purchase-agreements/exposure-draft-and-cl-contracts-re/" title="" data-oldlink="true" data-scope="external" data-format="dita" data-type="" target="_blank">open for comment</a> until 7 August 2024. The IASB expects to finalise the amendments by the end of 2024. An effective date will be set when the amendments are finalised, with an option to early adopt (subject to any endorsement processes).</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-6a2a7cbd-6cb4-46aa-b9e9-86168356060a" class="p"><b id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_b-400d0309-1435-453d-a950-0f529ed81902" class="ph b">Where do I get more details?</b></div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-fe8d4f87-67c1-4ce7-a78c-cacca46b1ea9" class="p">For more information, please contact <a class="xref pwc-xref" href="mailto:marie.kling@pwc.com" title="" data-oldlink="true" data-scope="external" data-format="dita" data-type="" target="_blank">Marie-Claude Kling (US)</a>, <a class="xref pwc-xref" href="mailto:scott.bandura@pwc.com" title="" data-oldlink="true" data-scope="external" data-format="dita" data-type="" target="_blank">Scott Bandura (CA)</a> or reach out to your regular PwC contact.</div> <div id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_p-1d91a070-2a36-472f-91a0-3e315d024f82" class="p"> <a class="figure-image-anchor" href="javascript:void(0);" data-toggle="modal" data-target="#responsive-image-modal" id="image-modal-link"> <img alt="" class="image" id="pwc-topic.dita_26142830-4d1b-4d63-899b-987413ae47f6_In_brief" src="/content/dam/pwc-madison/ditaroot/gx/en/pwc/in_briefs/assets/in_brief_social_media_tile.jpg/_jcr_content/renditions/cq5dam.web.1280.1280.jpeg" style="height: 1px;width: 1px;"> <span class="inline-img"> <span class="icon-view-image"></span> </span> View image </a> </div> </div></div>  </div> </div> </div> </div> <div class="footnote aem-GridColumn aem-GridColumn--default--12"><div class="footnotes"> </div> </div> <div class="content-copyright aem-GridColumn aem-GridColumn--default--12"> <div class="doc-body-copyright"> <p>© #year# PricewaterhouseCoopers LLP. 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the Democratic Republic of the</option> <option value="CK">Cook Islands</option> <option value="CR">Costa Rica</option> <option value="CI">Côte d'Ivoire</option> <option value="HR">Croatia</option> <option value="CW">Curaçao</option> <option value="CY">Cyprus</option> <option value="CZ">Czech Republic</option> <option value="DK">Denmark</option> <option value="DJ">Djibouti</option> <option value="DM">Dominica</option> <option value="DO">Dominican Republic</option> <option value="EC">Ecuador</option> <option value="EG">Egypt</option> <option value="SV">El Salvador</option> <option value="GQ">Equatorial Guinea</option> <option value="ER">Eritrea</option> <option value="EE">Estonia</option> <option value="ET">Ethiopia</option> <option value="FK">Falkland Islands (Malvinas)</option> <option value="FO">Faroe Islands</option> <option value="FJ">Fiji</option> <option value="FI">Finland</option> <option value="FR">France</option> <option value="GF">French Guiana</option> <option value="PF">French Polynesia</option> <option value="TF">French Southern Territories</option> <option value="GA">Gabon</option> <option value="GM">Gambia</option> <option value="GE">Georgia</option> <option value="DE">Germany</option> <option value="GH">Ghana</option> <option value="GI">Gibraltar</option> <option value="GR">Greece</option> <option value="GL">Greenland</option> <option value="GD">Grenada</option> <option value="GP">Guadeloupe</option> <option value="GU">Guam</option> <option value="GT">Guatemala</option> <option value="XC">Guernsey</option> <option value="GG">Guernsey</option> <option value="GN">Guinea</option> <option value="GW">Guinea-Bissau</option> <option value="GY">Guyana</option> <option value="HT">Haiti</option> <option value="HM">Heard Island and McDonald Islands</option> <option value="HN">Honduras</option> <option value="HK">Hong Kong SAR, China</option> <option value="HU">Hungary</option> <option value="IS">Iceland</option> <option value="IN">India</option> <option value="ID">Indonesia</option> <option value="IQ">Iraq</option> <option value="IE">Ireland</option> <option value="IM">Isle of Man</option> <option value="IL">Israel</option> <option value="IT">Italy</option> <option value="JM">Jamaica</option> <option value="JP">Japan</option> <option value="XD">Jersey</option> <option value="JE">Jersey</option> <option value="JO">Jordan</option> <option value="KZ">Kazakhstan</option> <option value="KE">Kenya</option> <option value="KI">Kiribati</option> <option value="XK">Kosovo</option> <option value="KW">Kuwait</option> <option value="KG">Kyrgyzstan</option> <option value="LA">Laos</option> <option value="LV">Latvia</option> <option value="LB">Lebanon</option> <option value="LS">Lesotho</option> <option value="LR">Liberia</option> <option value="LY">Libya</option> <option value="LI">Liechtenstein</option> <option value="LT">Lithuania</option> <option value="LU">Luxembourg</option> <option value="MO">Macau SAR, China</option> <option value="MK">Macedonia</option> <option value="MG">Madagascar</option> <option value="MW">Malawi</option> <option value="MY">Malaysia</option> <option value="MV">Maldives</option> <option value="ML">Mali</option> <option value="MT">Malta</option> <option value="MH">Marshall Islands</option> <option value="MQ">Martinique</option> <option value="MR">Mauritania</option> <option value="MU">Mauritius</option> <option value="YT">Mayotte</option> <option value="MX">Mexico</option> <option value="FM">Micronesia</option> <option value="MD">Moldova</option> <option value="MC">Monaco</option> <option value="MN">Mongolia</option> <option value="ME">Montenegro</option> <option value="MS">Montserrat</option> <option value="MA">Morocco</option> <option value="MZ">Mozambique</option> <option value="MM">Myanmar</option> <option value="NA">Namibia</option> <option value="NR">Nauru</option> <option value="NP">Nepal</option> <option value="NL">Netherlands</option> <option value="NC">New Caledonia</option> <option value="NZ">New Zealand</option> <option value="NI">Nicaragua</option> <option value="NE">Niger</option> <option value="NG">Nigeria</option> <option value="NU">Niue</option> <option value="NF">Norfolk Island</option> <option value="MP">Northern Marianas</option> <option value="NO">Norway</option> <option value="OM">Oman</option> <option value="PK">Pakistan</option> <option value="PW">Palau</option> <option value="PS">Palestinian Territory - Occupied</option> <option value="PA">Panama</option> <option value="PG">Papua New Guinea</option> <option value="PY">Paraguay</option> <option value="PE">Peru</option> <option value="PH">Philippines</option> <option value="PN">Pitcairn</option> <option value="PL">Poland</option> <option value="PT">Portugal</option> <option value="PR">Puerto Rico</option> <option value="QA">Qatar</option> <option value="RE">Reunion</option> <option value="RO">Romania</option> <option value="RU">Russia</option> <option value="RW">Rwanda</option> <option value="BL">Saint Barthélemy</option> <option value="MF">Saint Martin (French part)</option> <option value="PM">Saint Pierre and Miquelon</option> <option value="VC">Saint Vincent and the Grenadines</option> <option value="WS">Samoa</option> <option value="SM">San Marino</option> <option value="ST">Sao Tome and Principe</option> <option value="SA">Saudi Arabia</option> <option value="SN">Senegal</option> <option value="RS">Serbia</option> <option value="SC">Seychelles</option> <option value="SL">Sierra Leone</option> <option value="SG">Singapore</option> <option value="SK">Slovakia</option> <option value="SI">Slovenia</option> <option value="SB">Solomon Islands</option> <option value="SO">Somalia</option> <option value="ZA">South Africa</option> <option value="GS">South Georgia and the South Sandwich Islands</option> <option value="KR">South Korea</option> <option value="ES">Spain</option> <option value="LK">Sri Lanka</option> <option value="SH">St. Helena</option> <option value="KN">St. Kitts</option> <option value="LC">St. Lucia</option> <option value="SR">Suriname</option> <option value="SJ">Svalbard and Jan Mayen</option> <option value="SZ">Swaziland</option> <option value="SE">Sweden</option> <option value="CH">Switzerland</option> <option value="TW">Taiwan</option> <option value="TJ">Tajikistan</option> <option value="TZ">Tanzania - United Republic of</option> <option value="TH">Thailand</option> <option value="TL">Timor-Leste</option> <option value="TG">Togo</option> <option value="TK">Tokelau</option> <option value="TO">Tonga</option> <option value="TT">Trinidad and Tobago</option> <option value="TN">Tunisia</option> <option value="TR">Turkey</option> <option value="TM">Turkmenistan</option> <option value="TC">Turks and Caicos Islands</option> <option value="TV">Tuvalu</option> <option value="UG">Uganda</option> <option value="UA">Ukraine</option> <option value="AE">United Arab Emirates</option> <option value="UK">United Kingdom</option> <option value="GB">United Kingdom</option> <option value="US">United States</option> <option value="UM">United States Minor Outlying Islands</option> <option value="UY">Uruguay</option> <option value="VI">US Virgin Islands</option> <option value="UZ">Uzbekistan</option> <option value="VU">Vanuatu</option> <option value="VA">Vatican City</option> <option value="VE">Venezuela</option> <option value="VN">Vietnam</option> <option value="WF">Wallis and Futuna</option> <option value="EH">Western Sahara</option> <option value="YE">Yemen</option> <option value="ZM">Zambia</option> <option value="ZW">Zimbabwe</option> <option value="XX">Other</option> </select> </div> <span class="mandatory-field" v-bind:class="{'is-hidden': !validation.country.hasError}"> Required field </span> </div> </div> <div class="field"> <label class="label">Functional role</label> <div class="select is-fullwidth"> <select class="is-radiusless" v-model="editProfile.title" ref="title" :disabled="editProfile.isInternalUser"> <option value="">Select functional role</option> <option v-for="title in titleList" :value="title.id">{{title.translatedTitles[locale] || title.title}}</option> </select> </div> </div>  <div class="field-body"> <div class="field"> <label class="label">Industry</label> <div class="select is-fullwidth"> <select class="is-radiusless" v-model="editProfile.industry" @change="validateIndustry" ref="industry"> <option value="">Select industry</option> <option v-for="industry in industryList" :value="industry.id">{{industry.translatedTitles[editProfile.locale] || industry.title}}</option> </select> </div> </div> </div> </div> <div class="column is-6 is-mobile"> <div class="field-body"> <div class="field"> <label class="label" for="company">Company*</label> <div class="control"> <input class="input is-shadowless is-radiusless" type="text" disabled v-model="editProfile.company" id="edit-profile-company" @blur="validateCompany" placeholder="Company name"/> </div> <span class="mandatory-field" v-bind:class="{'is-hidden': !validation.company.hasError}"> Company name must be at least two characters long </span> </div> </div> <div class="field-body"> <div class="field"> <div class="control"> <span class="field-body-title">Newsletter (optional)</span> <div class="remember-me"> <label class="check"> <span class="profile-terms">Yes, subscribe to the newsletter, and member firms of the PwC network can email me about products, services, insights, and events. </span> <input type="checkbox" v-model="editProfile.subscribeToWeeklyNewsLetter"/> <span class="checkmark"></span> </label> </div> </div> </div> </div> <div v-if="isCompleteProfile" class="field-body"> <div class="field"> <div class="control"> <span class="field-body-title">Terms and Conditions*</span> <div class="remember-me"> <label class="check"> <span class="profile-terms"> By providing your details and checking the box, you acknowledge you have read the <a href="/gx/en/privacy.html" target="_blank">Privacy Statement</a> and <a href="/gx/en/terms-and-conditions.html" target="_blank">Terms and Conditions</a> (including the sections in each related to Registered Users).*</span> <input type="checkbox" v-model="editProfile.tncAccepted" @change="validateTnC"/> <span class="checkmark"></span> </label> </div> <span class="mandatory-field" v-bind:class="{'is-hidden': editProfile.tncAccepted || !config.tncAccepted.attempt}"> Required field </span> </div> </div> </div> <div class="field-body"> <div class="field"> <div class="control"> <div class="remember-me"> <label class="check"> <img src='/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/orange_info_icon.svg' class='i-icon'/> <span class="profile-terms">The following fields are not editable on this screen: First Name, Last Name, Company, and Country or Region. Please reach out to <a href="mailto:gbl_md_l2_support@pwc.com;"> gbl_md_l2_support@pwc.com</a> if you need any assistance modifying these fields. <br /><br /><br />Click <a href="https://privacyportal-eu-cdn.onetrust.com/dsarwebform/f13f2198-97ab-4c25-a5cd-0fca8ada2e21/eb60a416-648e-47a1-914f-4dc7fba2ce27.html"> here</a> to request deletion of your account. </span> </label> </div> </div> </div> </div> </div> </div> <div class="columns pagenumber"> <div class="column is-full"> <p class="page-numbers is-hidden-mobile is-marginless"> <span>1 of 2</span></p> </div> </div> <div class="columns footer-buttons is-marginless"> <div class="column is-grouped is-paddingless"> <div class="field-body"> <div class="control"> <button class="button is-outlined is-radiusless is-uppercase save-exit" type="button" @click="saveEditProfile(true)" :disabled="buttonDisabled" aria-label="Save and exit"> <span class="is-small">Save and exit</span> </button>  <button id="pageOneContinue" class="button next is-outlined is-radiusless is-uppercase slick-arrow" type="button" aria-disabled="false" style="" :disabled="buttonDisabled" @click="saveEditProfile(false)" aria-label="Continue">Continue</button> <span class="cancel-button-mobile"> <button class="button cancel-button is-radiusless is-shadowless is-uppercase no-border" type="button" @click="cancelModal" aria-label="Cancel">Cancel</button> </span> </div> </div> </div> </div> </fieldset> <fieldset class="content is-marginless jquery-step2 body show-account-menu current" id="editPreferencesTerritoryLanguage" role="tabpanel" aria-labelledby="editProfile-h-1" aria-hidden="false" style="left: 0px;"> <script> function getTerritoryMap() { var madisonTerritoryMap = JSON .parse('{\x22ca\x22:{\x22territoryCode\x22:\x22ca\x22,\x22territoryName\x22:\x22Canada\x22,\x22countries\x22:[\x22CA\x22],\x22defaultLocale\x22:\x22en_ca\x22,\x22localeToLanguageMap\x22:{\x22fr_ca\x22:{\x22langTitle\x22:\x22French (FR)\x22,\x22code\x22:\x22fr\x22,\x22locale\x22:\x22fr_ca\x22,\x22searchAndPromoteID\x22:\x22sp10056c2e\x22,\x22displayLanguage\x22:\x22French\x22,\x22displayLanguageI18nKey\x22:\x22Language_CA_FR\x22,\x22displayOrder\x22:3,\x22homePagePath\x22:\x22\/ca\/fr.html\x22,\x22hideLanguage\x22:false},\x22en_ca\x22:{\x22langTitle\x22:\x22English (CA)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_ca\x22,\x22searchAndPromoteID\x22:\x22sp10056c2e\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_CA_EN\x22,\x22displayOrder\x22:2,\x22homePagePath\x22:\x22\/ca\/en.html\x22,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22gx\x22:{\x22territoryCode\x22:\x22gx\x22,\x22territoryName\x22:\x22Global\x22,\x22countries\x22:[],\x22defaultLocale\x22:\x22en_gx\x22,\x22localeToLanguageMap\x22:{\x22en_gx\x22:{\x22langTitle\x22:\x22English (GX)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_gx\x22,\x22searchAndPromoteID\x22:\x22sp10056c27\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_GX_EN\x22,\x22displayOrder\x22:7,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22jp\x22:{\x22territoryCode\x22:\x22jp\x22,\x22territoryName\x22:\x22Japan\x22,\x22countries\x22:[\x22JP\x22],\x22defaultLocale\x22:\x22ja_jp\x22,\x22localeToLanguageMap\x22:{\x22ja_jp\x22:{\x22langTitle\x22:\x22Japanese (JP)\x22,\x22code\x22:\x22ja\x22,\x22locale\x22:\x22ja_jp\x22,\x22searchAndPromoteID\x22:\x22sp1004f9da\x22,\x22displayLanguage\x22:\x22Japanese\x22,\x22displayLanguageI18nKey\x22:\x22Language_JP_JA\x22,\x22displayOrder\x22:9,\x22homePagePath\x22:\x22\/jp\/ja.html\x22,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22yyyy\\u0027年\\u0027MM\\u0027月\\u0027dd\\u0027日\\u0027\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22rm\x22:{\x22territoryCode\x22:\x22rm\x22,\x22territoryName\x22:\x22Remediation\x22,\x22countries\x22:[],\x22defaultLocale\x22:\x22en_gx\x22,\x22localeToLanguageMap\x22:{\x22en_rm\x22:{\x22langTitle\x22:\x22English RM\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_rm\x22,\x22searchAndPromoteID\x22:\x22sp10056c27\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_RM_EN\x22,\x22displayOrder\x22:7,\x22hideLanguage\x22:true},\x22fr_rm\x22:{\x22langTitle\x22:\x22French RM\x22,\x22code\x22:\x22fr\x22,\x22locale\x22:\x22fr_rm\x22,\x22searchAndPromoteID\x22:\x22sp10056c27\x22,\x22displayLanguage\x22:\x22French\x22,\x22displayLanguageI18nKey\x22:\x22Language_RM_FR\x22,\x22displayOrder\x22:7,\x22hideLanguage\x22:true}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22uk\x22:{\x22territoryCode\x22:\x22uk\x22,\x22territoryName\x22:\x22United Kingdom\x22,\x22countries\x22:[\x22UK\x22,\x22GB\x22],\x22defaultLocale\x22:\x22en_uk\x22,\x22localeToLanguageMap\x22:{\x22en_gb\x22:{\x22langTitle\x22:\x22English (UK)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_gb\x22,\x22searchAndPromoteID\x22:\x22sp10056c2a\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_UK_EN\x22,\x22displayOrder\x22:13,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22us\x22:{\x22territoryCode\x22:\x22us\x22,\x22territoryName\x22:\x22United States\x22,\x22countries\x22:[\x22US\x22,\x22PR\x22,\x22VI\x22],\x22defaultLocale\x22:\x22en_us\x22,\x22localeToLanguageMap\x22:{\x22en_us\x22:{\x22langTitle\x22:\x22English (US)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_us\x22,\x22searchAndPromoteID\x22:\x22sp10051001\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_US_EN\x22,\x22displayOrder\x22:14,\x22hideLanguage\x22:false}},\x22helpLink\x22:\x22\/content\/pwc\u002Dmadison\/us\/en.html\x22,\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:true}}'); return madisonTerritoryMap; }; function getCountryToTerritoryMap() { var madisonTerritoryMap = JSON .parse('{\x22PR\x22:{\x22territoryCode\x22:\x22us\x22,\x22territoryName\x22:\x22United States\x22,\x22countries\x22:[\x22US\x22,\x22PR\x22,\x22VI\x22],\x22defaultLocale\x22:\x22en_us\x22,\x22localeToLanguageMap\x22:{\x22en_us\x22:{\x22langTitle\x22:\x22English (US)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_us\x22,\x22searchAndPromoteID\x22:\x22sp10051001\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_US_EN\x22,\x22displayOrder\x22:14,\x22hideLanguage\x22:false}},\x22helpLink\x22:\x22\/content\/pwc\u002Dmadison\/us\/en.html\x22,\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:true},\x22VI\x22:{\x22territoryCode\x22:\x22us\x22,\x22territoryName\x22:\x22United States\x22,\x22countries\x22:[\x22US\x22,\x22PR\x22,\x22VI\x22],\x22defaultLocale\x22:\x22en_us\x22,\x22localeToLanguageMap\x22:{\x22en_us\x22:{\x22langTitle\x22:\x22English (US)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_us\x22,\x22searchAndPromoteID\x22:\x22sp10051001\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_US_EN\x22,\x22displayOrder\x22:14,\x22hideLanguage\x22:false}},\x22helpLink\x22:\x22\/content\/pwc\u002Dmadison\/us\/en.html\x22,\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:true},\x22UK\x22:{\x22territoryCode\x22:\x22uk\x22,\x22territoryName\x22:\x22United Kingdom\x22,\x22countries\x22:[\x22UK\x22,\x22GB\x22],\x22defaultLocale\x22:\x22en_uk\x22,\x22localeToLanguageMap\x22:{\x22en_gb\x22:{\x22langTitle\x22:\x22English (UK)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_gb\x22,\x22searchAndPromoteID\x22:\x22sp10056c2a\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_UK_EN\x22,\x22displayOrder\x22:13,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22JP\x22:{\x22territoryCode\x22:\x22jp\x22,\x22territoryName\x22:\x22Japan\x22,\x22countries\x22:[\x22JP\x22],\x22defaultLocale\x22:\x22ja_jp\x22,\x22localeToLanguageMap\x22:{\x22ja_jp\x22:{\x22langTitle\x22:\x22Japanese (JP)\x22,\x22code\x22:\x22ja\x22,\x22locale\x22:\x22ja_jp\x22,\x22searchAndPromoteID\x22:\x22sp1004f9da\x22,\x22displayLanguage\x22:\x22Japanese\x22,\x22displayLanguageI18nKey\x22:\x22Language_JP_JA\x22,\x22displayOrder\x22:9,\x22homePagePath\x22:\x22\/jp\/ja.html\x22,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22yyyy\\u0027年\\u0027MM\\u0027月\\u0027dd\\u0027日\\u0027\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22GB\x22:{\x22territoryCode\x22:\x22uk\x22,\x22territoryName\x22:\x22United Kingdom\x22,\x22countries\x22:[\x22UK\x22,\x22GB\x22],\x22defaultLocale\x22:\x22en_uk\x22,\x22localeToLanguageMap\x22:{\x22en_gb\x22:{\x22langTitle\x22:\x22English (UK)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_gb\x22,\x22searchAndPromoteID\x22:\x22sp10056c2a\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_UK_EN\x22,\x22displayOrder\x22:13,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22US\x22:{\x22territoryCode\x22:\x22us\x22,\x22territoryName\x22:\x22United States\x22,\x22countries\x22:[\x22US\x22,\x22PR\x22,\x22VI\x22],\x22defaultLocale\x22:\x22en_us\x22,\x22localeToLanguageMap\x22:{\x22en_us\x22:{\x22langTitle\x22:\x22English (US)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_us\x22,\x22searchAndPromoteID\x22:\x22sp10051001\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_US_EN\x22,\x22displayOrder\x22:14,\x22hideLanguage\x22:false}},\x22helpLink\x22:\x22\/content\/pwc\u002Dmadison\/us\/en.html\x22,\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:true},\x22CA\x22:{\x22territoryCode\x22:\x22ca\x22,\x22territoryName\x22:\x22Canada\x22,\x22countries\x22:[\x22CA\x22],\x22defaultLocale\x22:\x22en_ca\x22,\x22localeToLanguageMap\x22:{\x22fr_ca\x22:{\x22langTitle\x22:\x22French (FR)\x22,\x22code\x22:\x22fr\x22,\x22locale\x22:\x22fr_ca\x22,\x22searchAndPromoteID\x22:\x22sp10056c2e\x22,\x22displayLanguage\x22:\x22French\x22,\x22displayLanguageI18nKey\x22:\x22Language_CA_FR\x22,\x22displayOrder\x22:3,\x22homePagePath\x22:\x22\/ca\/fr.html\x22,\x22hideLanguage\x22:false},\x22en_ca\x22:{\x22langTitle\x22:\x22English (CA)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_ca\x22,\x22searchAndPromoteID\x22:\x22sp10056c2e\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_CA_EN\x22,\x22displayOrder\x22:2,\x22homePagePath\x22:\x22\/ca\/en.html\x22,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false}}'); return madisonTerritoryMap; } function getDefaultTerritoryCode() { return 'gx'; } function getDefaultLocale() { return 'en_gx'; } function getLocale() { return $('input[name="pageLocale"]').val() !== '' ? $('input[name="pageLocale"]').val() : getDefaultLocale(); } </script> <div class="columns profile-header-block"> <div class="column is-full"> <h2 class="title is-1">Preferences</h2> <p class="title-description">You can set the default content filter to expand search across territories.</p> </div> </div> <div class="columns field-top-margin mobile-bottom-border"> <madison-columns v-on:change-selected="validateCountries" v-on:set-primary="setPrimary" v-bind:title="'Country or region'" v-bind:column-list="territoryList" v-bind:language-list="languageList" v-bind:property-name="'territoryName'" v-bind:column-width="'8'" v-bind:property-value="'territoryCode'" v-bind:localelist-property-name="'localeToLanguageMap'" v-bind:langtitle-property-name="'displayLanguage'" v-bind:langtitle-property-value="'locale'" v-bind:selected-items="selectedCountries" v-bind:show-error-block="hasEditPreferencesTerritoryError" v-bind:error-message="editEditPreferencesTerritoryErrorMessage" v-bind:div-id="'preference-country-list'" v-bind:is-changed="isChanged"> </madison-columns> </div> <div class="columns pagenumber"> <div class="column is-full"> <p class="page-numbers is-hidden-mobile is-marginless"> <span>2 of 2</span></p> </div> </div> <div class="columns footer-buttons is-marginless"> <div class="column is-grouped is-paddingless"> <div class="field-body"> <div class="control"> <button class="button is-outlined is-radiusless is-uppercase save-exit" type="button" @click="saveEditPreferencesPageOne(true)" :disabled="buttonDisabled" aria-label="Save and exit"> <span class="is-small">Save and exit</span> </button> <button class="button previous is-radiusless is-shadowless is-uppercase no-border" type="button" :disabled="buttonDisabled" @click="previous" aria-label="Previous">Previous</button> <a class="cancel-button-mobile"> <button class="button cancel-button is-radiusless is-shadowless is-uppercase no-border userreg-modal-close" type="button">Cancel</button> </a> </div> </div> </div> </div> </fieldset> </div> </form> </div> <button class="modal-close is-large edit-modal-close" aria-label="Close"></button> </div>  <div class="gated-content-modal"> </div>  <div id="extDom" class="ne-modal-container redirect-modal" style="opacity: 0;" data-informDomain="https://inform.pwc.com" data-territories="gx,uk" data-i18n-message="After you have reviewed the content, select your territory. If your territory is not listed, please select 'Global'."> <span class="close-neModal" aria-label="close modal">✕</span> <div class="ne-modal-body"> <div class="ne-modal-content"> <p>Welcome to Viewpoint, the new platform that replaces Inform. Once you have viewed this piece of content, to ensure you can access the content most relevant to you, please confirm your territory.</p> </div> <button class="close-neModal" aria-label="continue">Continue</button> </div> </div>  <div id="favorite-list-controller" data-limit="10"> <div class="modal modal-favorite-limit simple-modal"> <div class="modal-background"></div> <div class="modal-content"> <h2>Viewpoint allows you to save up to 25 favorites.</h2> <p class="modal-subtitle">Consider removing one of your current favorites in order to to add a new one.</p> <div class="modal-buttons"> <a href="/gx/en/favorite-list.html" class="button confirm-remove">Go to favorites</a> <button class="userreg-modal-close button close-modal">Close</button> </div> </div> </div> <div class="modal modal-confirm-remove simple-modal"> <div class="modal-background"></div> <div class="modal-content"> <h2>Are you sure you would like to remove this page from your list?</h2> <div class="modal-buttons"> <a class="button confirm-remove" @click="confirmRemove">Yes</a> <button class="userreg-modal-close button close-modal">Cancel</button> </div> </div> </div> <div class="modal modal-favorite-login simple-modal"> <div class="modal-background"></div> <div class="modal-content"> <h2>Please Sign in to set this content as a favorite.</h2> <div class="modal-buttons"> <a data-href="/bin/userreg/authenticate" ref="samlAuthLoginButton" class="button sign-in">Sign in</a> <button class="userreg-modal-close button close-modal">Cancel</button> </div> </div> </div> </div> <script id="favorite-list-component-template" type="text/x-template"> <div v-if="isContentPage" class="favorites-toggle"> <div :class="{active : isUserLoggedIn && isActive}" @click.prevent="handleClick"> <span> <div class="favorite-toggle-tooltip" :class="{hidden : hasError && showError}">Add to favorites</div> <div class="favorite-toggle-error" :class="{active : hasError && showError}"><p>An error occurred, please try again.</p></div> </span> </div> </div> <div v-else class="favorites-toggle-small" :class="[isUserLoggedIn && isActive ? 'active' : '', isWhite ? 'favorites-toggle-small--white' : '']" @click.prevent="handleClick"> <div class="favorite-toggle-error" :class="{active : hasError && showError}"><p>An error occurred, please try again.</p></div> </div> </script>  <div> <a href="#animatedHybridModal" id="hybridModal" style="visiblity: hidden"></a> <div id="animatedHybridModal" style="display: none" v-bind:style="{ display: show}"> <div class="hybrid-modal-content"> <h2 class="hybrid-title has-text-centered">License Content Availability</h2> <div> <ul class="hybrid-content-list"> <li v-for="(available, license) in licenses"> <span v-if="available" class="available">Available</span> <span v-else class="unavailable" data-text="All concurrent seats are currently in use, please try again soon.">Unavailable</span> <span>{{license}}</span> </li> </ul> <div class="hybrid-button"> <a @click="closeModal" href="javascript:;" class="button is-outlined is-radiusless btn-default close-animatedHybridModal">OK</a> </div> </div> </div> </div> </div>  <a href="#timeOutWarningPopup" id="timeOutPopup" style="visiblity: hidden"></a> <div id="timeOutWarningPopup" class="" style="display: none" v-bind:style="{ display: show}"> <div @click="closeModal" class="timeoutSession-close close-timeOutWarningPopup"><span class="icon-close-popup"></span></div> <div class="timeout-popup-content"> <h2 class="timeout-title">Stay signed in</h2> <p class="timeout-text">Are you still working? Click <a @click="extendSessionTimeout" href="javascript:;"><u>here</u></a> to extend your session to continue reading our licensed content, if not, you will be automatically logged off.</p> </div> </div>  <div class="modal gateway-body" id="removeSessionModal"> <div class="modal-background"></div> <div class="modal-content"> <div class="gateway-modal-decor"> <div class="gateway-header external-user" style="font-size:32px;"> You are already signed in on another browser or device. </div> <div class="gateway-message"> Click <b>Continue</b> if you want to automatically close other logged in sessions and continue. If you want to manually check for other active logged in sessions first, please select <b>Cancel</b> to go back to the previous page. </div> <div class="gateway-buttons"> <button class="action-btn remove-login-continue">CONTINUE</button> <button class="action-btn remove-login-cancel">CANCEL</button> </div> <div class="gateway-message"> Need some help? <a href="#" class="msg-click-here">Contact us</a> </div> </div> </div> <button class="modal-close is-large remove-login-continue" aria-label="CANCEL"></button> </div> </noindex>  <script> function getCountryTerritoryList(){ var countryTerritoryList = JSON.parse('{\x22PR\x22:{\x22territoryCode\x22:\x22us\x22,\x22territoryName\x22:\x22United States\x22,\x22countries\x22:[\x22US\x22,\x22PR\x22,\x22VI\x22],\x22defaultLocale\x22:\x22en_us\x22,\x22localeToLanguageMap\x22:{\x22en_us\x22:{\x22langTitle\x22:\x22English (US)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_us\x22,\x22searchAndPromoteID\x22:\x22sp10051001\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_US_EN\x22,\x22displayOrder\x22:14,\x22hideLanguage\x22:false}},\x22helpLink\x22:\x22\/content\/pwc\u002Dmadison\/us\/en.html\x22,\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:true},\x22VI\x22:{\x22territoryCode\x22:\x22us\x22,\x22territoryName\x22:\x22United States\x22,\x22countries\x22:[\x22US\x22,\x22PR\x22,\x22VI\x22],\x22defaultLocale\x22:\x22en_us\x22,\x22localeToLanguageMap\x22:{\x22en_us\x22:{\x22langTitle\x22:\x22English (US)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_us\x22,\x22searchAndPromoteID\x22:\x22sp10051001\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_US_EN\x22,\x22displayOrder\x22:14,\x22hideLanguage\x22:false}},\x22helpLink\x22:\x22\/content\/pwc\u002Dmadison\/us\/en.html\x22,\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:true},\x22UK\x22:{\x22territoryCode\x22:\x22uk\x22,\x22territoryName\x22:\x22United Kingdom\x22,\x22countries\x22:[\x22UK\x22,\x22GB\x22],\x22defaultLocale\x22:\x22en_uk\x22,\x22localeToLanguageMap\x22:{\x22en_gb\x22:{\x22langTitle\x22:\x22English (UK)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_gb\x22,\x22searchAndPromoteID\x22:\x22sp10056c2a\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_UK_EN\x22,\x22displayOrder\x22:13,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22JP\x22:{\x22territoryCode\x22:\x22jp\x22,\x22territoryName\x22:\x22Japan\x22,\x22countries\x22:[\x22JP\x22],\x22defaultLocale\x22:\x22ja_jp\x22,\x22localeToLanguageMap\x22:{\x22ja_jp\x22:{\x22langTitle\x22:\x22Japanese (JP)\x22,\x22code\x22:\x22ja\x22,\x22locale\x22:\x22ja_jp\x22,\x22searchAndPromoteID\x22:\x22sp1004f9da\x22,\x22displayLanguage\x22:\x22Japanese\x22,\x22displayLanguageI18nKey\x22:\x22Language_JP_JA\x22,\x22displayOrder\x22:9,\x22homePagePath\x22:\x22\/jp\/ja.html\x22,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22yyyy\\u0027年\\u0027MM\\u0027月\\u0027dd\\u0027日\\u0027\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22GB\x22:{\x22territoryCode\x22:\x22uk\x22,\x22territoryName\x22:\x22United Kingdom\x22,\x22countries\x22:[\x22UK\x22,\x22GB\x22],\x22defaultLocale\x22:\x22en_uk\x22,\x22localeToLanguageMap\x22:{\x22en_gb\x22:{\x22langTitle\x22:\x22English (UK)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_gb\x22,\x22searchAndPromoteID\x22:\x22sp10056c2a\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_UK_EN\x22,\x22displayOrder\x22:13,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false},\x22US\x22:{\x22territoryCode\x22:\x22us\x22,\x22territoryName\x22:\x22United States\x22,\x22countries\x22:[\x22US\x22,\x22PR\x22,\x22VI\x22],\x22defaultLocale\x22:\x22en_us\x22,\x22localeToLanguageMap\x22:{\x22en_us\x22:{\x22langTitle\x22:\x22English (US)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_us\x22,\x22searchAndPromoteID\x22:\x22sp10051001\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_US_EN\x22,\x22displayOrder\x22:14,\x22hideLanguage\x22:false}},\x22helpLink\x22:\x22\/content\/pwc\u002Dmadison\/us\/en.html\x22,\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:true},\x22CA\x22:{\x22territoryCode\x22:\x22ca\x22,\x22territoryName\x22:\x22Canada\x22,\x22countries\x22:[\x22CA\x22],\x22defaultLocale\x22:\x22en_ca\x22,\x22localeToLanguageMap\x22:{\x22fr_ca\x22:{\x22langTitle\x22:\x22French (FR)\x22,\x22code\x22:\x22fr\x22,\x22locale\x22:\x22fr_ca\x22,\x22searchAndPromoteID\x22:\x22sp10056c2e\x22,\x22displayLanguage\x22:\x22French\x22,\x22displayLanguageI18nKey\x22:\x22Language_CA_FR\x22,\x22displayOrder\x22:3,\x22homePagePath\x22:\x22\/ca\/fr.html\x22,\x22hideLanguage\x22:false},\x22en_ca\x22:{\x22langTitle\x22:\x22English (CA)\x22,\x22code\x22:\x22en\x22,\x22locale\x22:\x22en_ca\x22,\x22searchAndPromoteID\x22:\x22sp10056c2e\x22,\x22displayLanguage\x22:\x22English\x22,\x22displayLanguageI18nKey\x22:\x22Language_CA_EN\x22,\x22displayOrder\x22:2,\x22homePagePath\x22:\x22\/ca\/en.html\x22,\x22hideLanguage\x22:false}},\x22cookieEnabled\x22:\x22false\x22,\x22twitterShare\x22:\x22true\x22,\x22linkedinShare\x22:\x22true\x22,\x22termsAndConditionsVersion\x22:\x221.0\x22,\x22dateFormat\x22:\x22dd MMM yyyy\x22,\x22designation\x22:\x22\x22,\x22contentTypeSortingEnabled\x22:false}}'); return countryTerritoryList; } var userRegistrationErrorMessages = { invalidName: 'Invalid', required: 'Required field', invalidEmail: 'Invalid email', internalError: 'Internal server error', genericError: 'Something went wrong. Please try again.', duplicateEmail: 'Account already exists', blacklistedDomain: 'Please log in using PwC\x27s single sign on feature on the left side of the screen. PwC email addresses cannot be used for website registration.', invalidLanguageList: 'Select at least one language per each selected country', noPrimaryTerritorySelected: 'Please set at least one country as primary country', noPrimaryLangaugeSelected: 'Please set at least one language as primary language', imageUploadFails: 'Image upload failed', acceptTncError: 'There was an error in accepting the terms and conditions request. Please retry.', } function getUserRegErrorMessage(code) { return userRegistrationErrorMessages[code]; } </script> </div> <div class="multimedia-modal aem-GridColumn aem-GridColumn--default--12"> <div id="multimedia-messages" data-continue-video-message="Continue watching" data-thank-you-video-message="Thank you for watching" data-continue-audio-message="Continue Listening" data-thank-you-audio-message="Thank you for listening"></div> <div id="multimedia-slick-prev-button" style="display: none;"> <span class='icon-caret-left'/> <div class="multimedia-list-item-details"> <div>Previous</div> <div class="prev-country-label-content-type ellipsis-line"></div> <div class="prev-content-id-content-title clamp-text" data-lines-to-clamp="4"></div> </div> </div> <div id="multimedia-slick-next-button" style="display: none;"> <span class='icon-caret-right'/> <div class="multimedia-list-item-details"> <div>Up next</div> <div class="next-country-label-content-type ellipsis-line"></div> <div class="next-content-id-content-title clamp-text" data-lines-to-clamp="4"></div> </div> </div> </div> <div class="tutorial-modal aem-GridColumn aem-GridColumn--default--12"> <img id="signin_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-gif="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/gifs/gif-homepage.gif" alt="signin option"/> <img id="menu_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-gif="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/gifs/gif-menu.gif" alt="menu option"/> <img id="suggested_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/suggested.jpg" alt="suggested option"/> <img id="contentmouse_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/contentmouse.jpg" alt="contentmouse option"/> <img id="displaycontent_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/displaycontent.jpg" alt="displaycontent option"/> <img id="contentpage_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/contentpage.jpg" alt="contentpage option"/> <img id="relatedlink_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/relatedlink.jpg" alt="relatedlink option"/> <img id="prevandafter_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/prevandafter.jpg" alt="prevandafter option"/> <img id="trending_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/trending.jpg" alt="trending option"/> <img id="searchicon_option" class="hideslide" src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/clear.gif" data-src="/etc.clientlibs/pwc-madison/clientlibs/clientlib-site-vp/resources/images/tutorial/searchicon.jpg" alt="searchicon option"/> <img id="search_option" class="hideslide" 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The IASB proposes accounting changes for renewable electricity contracts