Randstad

Randstad N.V. Monitor

Randstad N.V. Annual Report 2018
CR Monitor Issue: 
2019/0416
Company covered: 
Randstad N.V.
Period End: 
31 December, 2018
Report issued on 23 April 2019 covered the following practice issues:
Pronouncements
Adoption of IFRS 9 “Financial instruments” and IFRS 15 “Revenue from contracts with customers” from 1 January 2018.
Pronouncements
Extended disclosure in respect of the expected impact of IFRS 16 “Leases”.
Change
Additional disclosure in relation to the finalisation of purchase consideration for business combinations.
Change
Disposal of subsidiary and recognition of impairment on goodwill and other intangible assets.
Change
Disclosure in respect of tax transparency, tax strategy and dialogue with tax authorities, and additional disclosure in respect of provision for taxation.
Change
Discussion on a new key audit matter included within the auditor’s report.

Randstad Holding NV Monitor

Randstad Holding NV Annual Report 2017
CR Monitor Issue: 
2018/0317
Company covered: 
Randstad Holding NV
Period End: 
31 December, 2017
Report issued on 27 March 2018 covered the following practice issues:
Restatement
Restatement of reporting segments to take into account the impact of acquisitions and changes in managerial reporting structure.
Change
Disclosure of a business disposal as a post balance sheet event.
Change
Financial risk disclosures enhanced by introduction of table disclosing movements in current borrowings.

Disclosure of the impacts of IFRS 16 "Leases"

IFRS 16 “Leases” will fundamentally change accounting by lessees as it requires assets previously off balance sheet under operating lease arrangements to be brought on balance sheet as is currently the case for finance leased assets. As a result on application companies will recognise both additional assets and additional liabilities. Consequently there will also be knock on effects in the income statement as operating lease charges are replaced by a depreciation charge and a finance expense. This report analyses the financial statements of a range of companies to firstly establish whether there has been any early adoption and secondly to establish what companies are disclosing in respect of IFRS 16 and its future impacts.

Key assumptions of impairment testing - Randstad Holding nv

Period End: 
31 December, 2016
Period End Date: 
2016-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
2793 Business Training & Employment Agencies
Auditor: 
Deloitte

Randstad Holding NV Monitor

Randstad Holding NV Annual Report 2016
CR Monitor Issue: 
2017/0504
Company covered: 
Randstad Holding NV
Period End: 
31 December, 2016
Report issued on 09 May 2017 covered the following practice issues:
Change
Disclosure of goodwill recognised and other acquisition information in respect of multiple material and individually immaterial business combinations during the year. 
Pronouncements
Improved disclosures on impacts of impending standard on leases.
Change
Improved presentation of comprehensive income to disclose separately items that "may be reclassified subsequently to the income statement" and items that will not.
Restatement
Re-designation of held to maturity instruments as loans and receivables.

Randstad Holding nv Monitor

Randstad Holding nv Annual Report 2013
CR Monitor Issue: 
2014/0512
Company covered: 
Randstad Holding nv
Period End: 
31 December 2013
Report issued on 20 May 2014 covered the following practice issues:
Change
"Badwill" increases pre-tax profit by 9.3%.
Change
The auditor changes the format of the auditor's report.
Pronouncements
Increased recognition of sickness benefit obligations.
Change
Some accounting policies dispersed across notes.

Randstad Holding NV Monitor

Randstad Holding NV Annual Report 2012
CR Monitor Issue: 
2013/0409
Company covered: 
Randstad Holding NV
Period End: 
31 December 2012
Report issued on 15 April 2013 covered the following practice issues:
Pronouncements
Expected impact of revised IAS 19 quantified for current year.

French Tax Legislation Introduces Lack Of Comparability, an emerging issue under IFRS

This report reviews how a small sample of companies treat new taxes introduced by French legislation that replace the previous business tax.