Randstad

Randstad N.V. Monitor

Submitted by 671be8cb-63b1-4... on Tue, 2019-04-23 14:05
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

Submitted by a63e210f-9bd9-4... on Tue, 2018-03-27 13:53
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
Annual Report: 
application/pdf iconRandstad Holding nv Annual Report 2016 (PDF)

Randstad Holding NV Monitor

Submitted by Pratiksha Mandhane on Tue, 2017-05-09 11:53
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.

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.

Randstad Holding NV Period End 31 December 2010

Submitted by apmac on Fri, 2011-04-08 10:17
Randstad Holding NV Annual Report 2010
Choice of classification of local value-added tax charge increases pre-tax profit
Dutch recruitment agency Randstad classifies as income tax a €39.2 million tax charge arising from a component of French business tax calculated on value-added, in a treatment that leads to 12.3% increase in profit before tax and illustrates lack of comparability in the absence of specific IFRS guidance.