IG

IG Group Holdings plc Monitor

IG Group Holdings plc Annual Report 2017
CR Monitor Issue: 
2018/0501
Company covered: 
IG Group Holdings plc
Period End: 
31 May, 2017
Report issued on 1 May 2018 covered the following practice issues:
Restatement
Change in segment reporting structure including restatement of prior years.
Change
Presentation of a revenue breakdown by type of instrument.
Change
Cash flows related to purchase and maturity of investments disclosed on a net basis.
New
Presentation of a reconciliation table showing movement in the current corporation tax liability.
Restatement
Restatement of financial instrument offsetting disclosures.
Change
Change in the format of principal risk disclosures.

Risk and viability in the strategic report

In light of recent high-profile collapses such as Carillion, the reporting by companies of risks and long-term viability is once again in the spotlight. Investors and other stakeholders expect detailed, specific information in the annual report which clearly sets out the key risks facing the company and the potential impact of these risks on the company’s longer-term viability. This report analyses the consolidated financial statements of 20 UK listed companies to assess the quality of risk and viability reporting in the annual report.

Brexit Disclosures in Listed Company Annual reports

The referendum vote to leave the European Union (EU) has undoubtedly led to uncertainty for business and will potentially have far reaching impacts for companies from many different industries. This report, pulled together in March 2017, focuses on the information that companies have disclosed within their annual reports during the latter half of 2016. It sets out disclosures around risk as well as the disclosure of Brexit impacts which have already been felt and the resulting ramifications.

IG Group Holdings plc Monitor

IG Group Holdings plc Annual Report 2016
CR Monitor Issue: 
2017/0105
Company covered: 
IG Group Holdings plc
Period End: 
31 May, 2016
Report issued on 9 January 2017 covered the following practice issues:
Change
Identification of revenue recognition as a new area of audit focus.
Change
Enhanced quantified capital adequacy disclosures.
Change
Clarity of principal risk disclosures improved.
New
Identification of Competitor, Reputation and People risks as new principal risk factors.

IG Group Holdings plc Period End 31 May 2009

IG Group Holdings plc Annual Report 2009

Acquisition consideration includes cash cost of replacing employee share options

UK financial trading and market-making company IG treats reimbursement costs arising from cancellation of employee share options following an acquisition as deferred consideration.


Impairments on receivables from clients reduce profit by 14%

UK financial trading and market-making company IG recognises £18.2 million net impairments against its receivables from clients that reduce its pre-tax profit by 14%.

IG Group Holdings plc Period End 31 May 2009

IG Group Holdings plc Annual Report 2009

Acquisition consideration includes cash cost of replacing employee share options

UK financial trading and market-making company IG treats reimbursement costs arising from cancellation of employee share options following an acquisition as deferred consideration.


Impairments on receivables from clients reduce profit by 14%

UK financial trading and market-making company IG recognises £18.2 million net impairments against its receivables from clients that reduce its pre-tax profit by 14%.