Compass

Compass Group PLC Monitor

Compass Group PLC Annual Report Year
CR Monitor Issue: 
2018/0515
Company covered: 
Compass Group PLC
Period End: 
30 September, 2017
Report issued on 15 May 2018 covered the following practice issues:
Change
Presentation of business combination table showing book values and fair values.
Change
Tabular disclosure of key audit matters included in audit report.
Change
Analysis of the present value of defined benefit obligations between funded and unfunded obligations.
Change
Introduction of a reconciliation table in respect of share-based payment plans.
Change
Disclosure of Non IFRS measures such as "underlying results", "organic revenue" and "organic profit" in the financial statements.
Change
Disclosure of proposed changes to directors remuneration policy.

Fair value measurement information under IFRS

IFRS 13 “Fair value measurement” sets out a single consistent framework for measuring fair value within IFRS financial statements and outlines a standardised set of disclosures in respect of fair value measurements. IFRS 13 has been mandatory now for some years, with application being required for annual reporting periods beginning on or after 1 January 2013. This report sets out the results of how requirements of the standard have been put into practice, both in terms of measurement and disclosure, in the consolidated financial statements of 139 large public limited companies with year ends between 31 March 2016 and 1 April 2017. It is not an exhaustive study of all aspects of IFRS 13 application and its conclusions are limited to our findings in respect of the areas analysed within the financial statements reviewed.

Compass Group PLC Monitor

Compass Group PLC Annual Report 2016
CR Monitor Issue: 
2017/0701
Company covered: 
Compass Group PLC
Period End: 
30 September, 2016
Report issued on 4 July 2017 covered the following practice issues:
Change
Discussion of corporate social responsibility framed in terms of UN set sustainable development goals.
Change
Disclosures added on evaluation of board performance by external independent party.
Change
Directors remuneration report enhanced by inclusion of remuneration summary.
Change
Greater clarity given in respect of description of provision class.
Restatement
Reporting segments restated following a change in management structure.

Pension actuarial assumptions: Sensitivity analysis -Compass Group plc

Period End: 
30 September, 2016
Period End Date: 
2016-09-30
Listing Status: 
FTSE 100, S&P Europe 350
ICB Industry Classification: 
5757 Restaurants & Bars
Auditor: 
KPMG

Income taxes - Compass Group plc

Period End: 
30 September, 2016
Period End Date: 
2016-09-30
Listing Status: 
FTSE 100, S&P Europe 350
ICB Industry Classification: 
5757 Restaurants & Bars
Auditor: 
KPMG

Viability statements: an emerging issue in the UK

This Emerging issue report analyses the content of early viability statements issued in the annual reports of UK companies, prepared under the UK Corporate Governance Code 2014, effective for periods beginning on or after 1 October 2014.

Compass Group Plc Monitor

Compass Group Plc Annual Report 2015
CR Monitor Issue: 
2016/0208
Company covered: 
Compass Group Plc
Period End: 
30 September, 2015
Report issued on 19 February 2016 covered the following practice issues:
Pronouncements
Move to equity accounting for joint ventures under new Standard.
Change
Income from supplier rebates and discounts identified as an area of audit focus.
Pronouncements
Viability statement introduced under revised UK Corporate Governance Code.

Share-based payments under IFRS disclosure of the extent of arrangements and valuation

This report examines company disclosures in respect of share-based payment arrangements. It considers specifically disclosures in relation to the extent of such arrangements and the valuation of instruments granted. In relation to the valuation of share options the report considers the valuation methods applied by the sample companies.  

Share-based Payment Arrangements under IFRS disclosure of nature and impact

This report examines company disclosures in respect of share-based payment arrangements. It considers specifically disclosures in relation to the nature of such arrangements and the impacts on profit or loss during the period. The report will also look at the overall significance of share-based payments by considering total share-based payment expense as a percentage of profit after tax, the length of disclosure in the financial statements and the number of share-based payment schemes that companies have.

Compass Group PLC Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2014/0807
Period End: 
31 March 2014
ICB Industry Classification: 
5757 Restaurants & Bars
Auditor: 
Deloitte
Pronouncements
All past service pension costs recognised.
Pronouncements
Movements in pension plan assets and obligations presented in separate tables.
Pronouncements
Disclosure of fair value information for derivatives.
Change
Plan to return funds to shareholders disclosed.