Computacenter

Computacenter Plc Monitor

Computacenter Plc Annual Report 2017
CR Monitor Issue: 
2018/1008
Company covered: 
Computacenter Plc
Period End: 
31 December, 2017
Report issued on 09 October 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers" and IFRS 16 "Leases".
Change
Changes made in internal segmental reporting structure.
Change
Discussion of key audit matters included within auditors report.

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.

Computacenter Plc Monitor

Computacenter Plc Annual Report 2014
CR Monitor Issue: 
2015/0803
Company covered: 
Computacenter Plc
Period End: 
31 December 2014
Report issued on 03 August 2015 covered the following practice issues:
Restatement
Statement of cash flows restated for errors in presentation of amortisation and treasury shares.
Divergence
Prior period error on treasury shares corrected in current period.
Change
Business disposed of at short notice not classified as held for sale.

Computacenter plc

Computacenter plc Annual Report 2011
CR Monitor Issue: 
2012/0905
Company covered: 
Computacenter plc
Period End: 
31 December 2011
Report issued on 17 September 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Distribution costs now included in cost of sales.
Change
Implementation of ERP system results in changes in classification of departmental costs.
Change
Luxembourg businesses transferred from Belgium segment to Germany.
Inconsistent
Full disclosures not made for business combinations.
Change
Items including acquisition-related costs classified as exceptional.