Tariffs: What they mean for business & the bottom line

Podcast overview

We break down the operational complexities of tariffs – how they work, how the landscape may be changing, and what companies can do to mitigate their exposure. Then, we cover the most frequently asked accounting questions related to tariffs and there are certainly no shortage of those!

Tune in for essential insights to help you navigate the challenges and opportunities presented by tariffs, including making sense of the recent court rulings.

Podcast contents

• 00:00 – Introduction
• 03:40 – What are tariffs?
• 05:15 – Accounting for the direct effects of tariffs
• 07:10 – Complexities of calculating tariffs 
• 12:00 – What’s next for tariffs?
• 15:20 – Mitigation strategies
• 21:25 – Tariffs impact on the controllership function
• 34:20 – Impacts of recent court rulings (as of May 30, 2025)