IAS 1 'Presentation of financial statements'

Bovis Homes Group plc Monitor

Bovis Homes Group plc Annual Report 2017
CR Monitor Issue: 
2018/1007
Company covered: 
Bovis Homes Group plc
Period End: 
31 December, 2017
Report issued on 09 October 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers", and IFRS 16 "Leases".
Restatement
Change in classification of costs leads to prior year adjustment to comparatives.
Change
Exceptional items highlighted within a separate line item on the face of the income statement.
Change
Inclusion of a table disclosing a maturity analysis of operating lease payment commitments.

J Sainsbury PLC Monitor

J Sainsbury PLC Annual Report Year
CR Monitor Issue: 
2018/1006
Company covered: 
J Sainsbury PLC
Period End: 
31 March, 2018
Report issued on 09 October 2018 covered the following practice issues:
Change
Inclusion of separate sections in the audit report discussing directors and auditors responsibilities and key audit matters.
Change
Net debt analysis extended to include a reconciliation of movements in liabilities arising from financing activities.
Change
Disclosure in respect of significant post balance sheet business combination.
Change
Extended dis-aggregation in respect of the disclosure of finance income and costs.
Restatement
Prior year business combination amounts finalised leads to an increase in goodwill.

Greggs PLC Monitor

Greggs PLC Annual Report 2017
CR Monitor Issue: 
2018/1009
Company covered: 
Greggs PLC
Period End: 
30 December, 2017
Report issued on 09 October 2018 covered the following practice issues:
Change
Separate discussion of director and auditor responsibilities and key audit matters in the audit report.
Change
Disclosure of post balance sheet disposal of vacant site.
Change
Change in defined benefit pension liability after taking into account new assumption in respect of the commutation of benefits.
Change
Separate alternative performance measures section added.
Change
Change in disclosure of key management remuneration.

British Land Company PLC Monitor

British Land Company PLC Annual Report 2018
CR Monitor Issue: 
2018/1001
Company covered: 
British Land Company PLC
Period End: 
31 March, 2018
Report issued on 1 October 2018 covered the following practice issues:
Change
Inclusion of separate sections in the audit report discussing the responsibilities of directors and auditors.
Pronouncements
Disclosure of the impacts of IFRS 9 "Financial instruments".
Change
Presentation of a reconciliation of segment gross rental income to the consolidated revenue.
Change
Extended analysis of other investment classes.

Tele2 AB (publ) Monitor

Tele2 AB (publ) Annual Report 2017
CR Monitor Issue: 
2018/0905
Company covered: 
Tele2 AB (publ)
Period End: 
31 December, 2017
Report issued on 01 October 2018 covered the following practice issues:
Change
Separate disclosure regarding discontinued operations.
Pronouncements
Extended disclosure regarding the future impacts of adopting IFRS 15 "Revenue from contracts with customers" and IFRS 9 "Financial instruments".
Change
Disclosure of a reconciliation of movements arising in liabilities linked to financing activities.
Change
Disclosure of post balance sheet business acquisition announcement.
Restatement
Re-classifications made in respect of prior year expenses.

International Consolidated Airlines Group S.A. Monitor

International Consolidated Airlines Group S.A. Annual Report 2017
CR Monitor Issue: 
2018/1004
Company covered: 
International Consolidated Airlines Group S.A.
Period End: 
31 December, 2017
Report issued on 01 October 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 15 "Revenue from contracts with customers", IFRS 9 "Financial instruments" and IFRS 16 "Leases".
Pronouncements
Disclosure of reconciliation of movements in net debt arising from financing activities following adoption of amendment to IAS 7 "Statement of cash flows".
Change
Additional line items included on the face of the income statement.
Restatement
Restatement of the comparative figures with respect to offsetting financial assets and liabilities.
Change
Extended disclosure in respect of reporting segments.

WPP plc Monitor

WPP plc Annual Report 2017
CR Monitor Issue: 
2018/1003
Company covered: 
WPP plc
Period End: 
31 December, 2017
Report issued on 01 October 2018 covered the following practice issues:
Change
Presentation changes made in the income statement.
Pronouncements
Disclosure extended in respect of the expected impacts of IFRS 9 "Financial instruments" and IFRS 15 "Revenue from contracts with customers".
Change
Extended disclosure in respect of areas of estimation uncertainty and accounting judgement.
Change
Information introduced in relation to US tax changes.
Change
Change in allocation of goodwill for impairment test purposes.
New
Separate Auditors and Directors' responsibility sections included in audit report.

Admiral Group plc Monitor

Admiral Group plc Annual Report 2017
CR Monitor Issue: 
2018/0917
Company covered: 
Admiral Group plc
Period End: 
31 December, 2017
Report issued on 24 September 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers", and IFRS 16 "Leases".
Change
Change in balance sheet format with no explicit explanation.
Restatement
Reclassification of financial instruments between classes.

Hikma Pharmaceuticals PLC Monitor

Hikma Pharmaceuticals PLC Annual Report 2017
CR Monitor Issue: 
2018/0918
Company covered: 
Hikma Pharmaceuticals PLC
Period End: 
31 December, 2017
Report issued on 24 September 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Change
Separate director and auditor responsibility sections included in audit report.
Pronouncements
Extended disclosure regarding the future impacts of IFRS 9 “Financial Instruments” and IFRS 15 “Revenue from Contracts with Customers”.
Change
Adoption of new disclosure format in respect of the other comprehensive income statement
Change
Recognition of significant impairment following testing of goodwill for impairment.
Change
Disclosure of impact of changes in US tax laws.

Inmarsat plc Monitor

Inmarsat plc Annual Report 2017
CR Monitor Issue: 
2018/0919
Company covered: 
Inmarsat plc
Period End: 
31 December, 2017
Report issued on 25 September 2018 covered the following practice issues:
Change
Discussion of key audit matter included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 15 "Revenues from contracts with customers", IFRS 16 "Leases", IFRS 9 "Financial instruments", IFRIC 22 “Foreign Currency Transactions and Advance Consideration” and IFRIC 23 “Uncertainty over Income Tax Treatments”.
Pronouncements
Disclosure of a reconciliation of movements in liabilities arising from financing activities.
Change
Additional restructuring charge line included on the face of the income statement.
Change
Introduction of a separate section discussing alternative performance measures.