Report issued on 09 June 2011 covered the following practice issues:
No figures for reported contingency that materialised two months after annual report issued with numbers reported in press shortly after.
Adoption of new Code for Financial Reporting Disclosure contributes to greater focus and omission of immaterial information.
New Code leads to new format for risk disclosures, as sovereign risk moves centre stage.
Share-based payments disclosures streamlined and extra information given on awards granted.
Presentation of tax in statement of comprehensive income shifts.
Gains from 'own credit' that will be excluded from income statements under impending IFRS 9 "Financial instruments" reported separately.
