Micro Focus

Micro Focus International plc Monitor

Micro Focus International plc Annual Report 2017
CR Monitor Issue: 
2018/0204
Company covered: 
Micro Focus International plc
Period End: 
30 April, 2017
Report issued on 13 February 2018 covered the following practice issues:
Change
Amortisation of capitalised research and development costs reclassified to cost of sales to achieve comparability.
Change
Goodwill recognised on business acquisition represents value of the assembled workforce and expected future economic benefits.
Pronouncements
Disclosures on amendments to IFRS 2.
Pronouncements
Qualitative disclosures on the future impacts of new revenue standard.
Change
Risk disclosures enhanced by inclusion of flow chart illustrating the risk management cycle.
Change
Disclosure of principal risk factors extended to identify competition as a new risk factor.

Micro Focus International plc Monitor

Micro Focus International plc Annual Report 2015
CR Monitor Issue: 
2016/0101
Company covered: 
Micro Focus International plc
Period End: 
30 April, 2015
Report issued on 14 January 2016 covered the following practice issues:
Change
Exceptional acquisition and related costs analysed and explained.

Micro Focus International plc Period End 30 April 2010

Micro Focus International plc Annual Report 2010
Prior year restatement highlights an error of disclosure of cost of inventories as an expense
Restatement by UK information technology company Micro Focus International highlights a prior period error in that the US$64,000 difference in the opening and closing balances of inventories was disclosed as an expense.

Micro Focus International plc Period End 30 April 2009

Comparative operating cash flows reduced for foreign currency movements

UK information technology company Micro Focus International restates its cash flow statement, reducing comparative cash flow from operations by 5.4% in respect of operating foreign exchange movements, reporting the revised figure prominently in management commentary without explaining the change.