Report issued on 21 March 2017 covered the following practice issues:
Tabular disclosure of principal risks extended to include new risk factors in respect of “business continuity” and “health and safety, including food hygiene”.
Deferred tax liabilities and deferred tax assets are presented in the balance sheet after offsetting.
Disclosure of changes in non-audit services policy.
Clarity of corporate governance disclosures enhanced through the use of a diagram showing the governance framework.