Prior year adjustments

Thomas Cook Group plc Monitor

Thomas Cook Group plc Annual Report 2017
CR Monitor Issue: 
2018/0206
Company covered: 
Thomas Cook Group plc
Period End: 
30 September, 2017
Report issued on 13 February 2018 covered the following practice issues:
Restatement
Correction of accounting errors result in prior year adjustments.
Change
Key audit matters section included in auditors report.
Change
Risk disclosures enhanced by disclosure of link to strategy and movements compared to the prior year.
Change
New financing agreement highlighted in post balance sheet events note.

Micro Focus International plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2014/0502
Period End: 
31 October 2013
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
9537 Software
Auditor: 
PricewaterhouseCoopers
Restatement
Net assets reduced by 3.2% in light of prior period overstatement of revenue, following internal investigation.
Change
Acquisition of assets and business shown under post balance sheet events.

Croda International plc

Croda International plc Annual Report 2011
CR Monitor Issue: 
2012/0704
Company covered: 
Croda International plc
Period End: 
31 December 2011
Report issued on 10 July 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Additional pensions inflation measure disclosed.
Change
Summary sheet of elements of directors' remuneration published.
Change
Increased disclosures on sustainability.
Divergence
Unexplained restatements on prior year reversal of inventory write-downs and cash flows of discontinued operations.
Change
Current year segmental disclosures modified in accordance with structure effective from next year.

The Capita Group Plc Period End 31 December 2010

The Capita Group Plc Annual Report 2010
CR Monitor Issue: 
2011/1101
Company covered: 
The Capita Group Plc
Period End: 
31 December 2010
Report issued on 02 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Impact of change in tax rate disclosed.
Change
Only fair values of assets and liabilities acquired through business combinations disclosed following adoption of revised IFRS 3.
Change
Several new risks added to risk disclosures with disclosure of the potential impacts.
Restatement
Restatement of prior year comparative receivables and payables without explanation.

Deutsche Bank AG Period End 31 December 2010

Deutsche Bank AG Annual Report 2010
CR Monitor Issue: 
2011/0612
Company covered: 
Deutsche Bank AG
Period End: 
31 December 2010
Report issued on 23 June 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Restatement
Restatement of comparatives following reallocating goodwill to cash-generating units reduces clarity.
Change
Summary table for commitments and contingent liabilities published in a note to loans.
Restatement
Several restatements, including financial assets not qualifying for derecognition and a sensitivity analysis, made without explanation.

GAM Holding Ltd Period End 31 December 2010

GAM Holding Ltd Annual Report 2010
CR Monitor Issue: 
2011/0503
Company covered: 
GAM Holding Ltd
Period End: 
31 December 2010
Report issued on 05 May 2011 covered the following practice issues:
Change
Balance sheet format changed to current and non-current distinction.
Change
Income statement line items rearranged and eps disclosure now presented in income statement.
Change
Cash flow from available-for-sale financial assets reclassified as from investing activities.
Change
Accrued income and receivables now included within maximum exposure to credit risk.
Restatement
Several prior year items including share-based payments to key management personnel restated but without any explanation.
Change
Impairment of associate reduces profit by 76.8%.

Zurich Financial Services Ltd Period End 31 December 2010

Zurich Financial Services Ltd Annual Report 2010
CR Monitor Issue: 
2011/0403
Company covered: 
Zurich Financial Services Ltd
Period End: 
31 December 2010
Report issued on 21 April 2011 covered the following practice issues:
Change
Decision to hedge leads to change in policy for measuring underlying insurance liabilities.
Inconsistent
Two newly acquired subsidiaries not consolidated.
Restatement
Change in method of, and correction of errors in, classification prompt prior year adjustments.
Restatement
Inconsistent disclosures of amounts of restatements.