Auditors' fees

United Utilities Group PLC Monitor

United Utilities Group PLC Annual Report 2017
CR Monitor Issue: 
2018/0316
Company covered: 
United Utilities Group PLC
Period End: 
31 March, 2017
Report issued on 27 March 2018 covered the following practice issues:
Pronouncements
Disclosure of proposed changes to non-audit services policy.
Pronouncements
Extended disclosure on the future impact of IFRS 9 "Financial instruments".
Pronouncements
Disclosure on the future impact of IFRS 15 "Revenue from contracts with customers".
Pronouncements
Quantified information as to the future impact of IFRS 16 "Leases".
Change
Summarised disclosure in respect of proposed changes in directors' remuneration policy.
Change
Disclosure of derivatives included in pension scheme asset categories.

Pernod Ricard SA Monitor

Pernod Ricard plc Annual Report 2017
CR Monitor Issue: 
2017/1209
Company covered: 
Pernod Ricard SA
Period End: 
30 June, 2017
Report issued on 19 December 2017 covered the following practice issues:
Pronouncements
Audit report enhanced by inclusion of disclosure on key audit matters.
Pronouncements
Change in accounting policy results in bearer plants being accounted for as property plant and equipment rather than biological assets.
New
Introduction of tabular breakdown of fees paid to auditors.

A.G. BARR p.l.c Monitor

A.G. BARR p.l.c Annual Report 2016
CR Monitor Issue: 
2017/1002
Company covered: 
A.G. BARR p.l.c
Period End: 
28 January, 2017
Report issued on 03 October 2017 covered the following practice issues:
Pronouncements
Disclosure of expected impact of adoption of IFRS 16 "Leases" including quantification.
Change
Pension "curtailment" gain recognised following closure of scheme to future accrual.
New
Exceptional items highlighted in a separate column on the face of the income statement.
Change
Changes to non-audit fees policy linked to FRC ethical standard

Millennium & Copthorne Hotels Plc

Millennium & Copthorne Hotels Annual Report 2016
CR Monitor Issue: 
2017/0901
Company covered: 
Millennium & Copthorne Hotels Plc
Period End: 
31 December, 2016
Report issued on 5 September 2017 covered the following practice issues:
Pronouncements
Change in non audit services policy in line with revised ethical guidance and EU directive.
Change
Disclosure of proposed changes in directors' remuneration policy.
Change
Disclosure of post balance sheet acquisition of a lease.

Thomas Cook Group plc Monitor

Thomas Cook Group plc Annual Report 2016
CR Monitor Issue: 
2017/0607
Company covered: 
Thomas Cook Group plc
Period End: 
30 September, 2016
Report issued on 20 June 2017 covered the following practice issues:
Pronouncements
Disclosure of changes to non-audit services policy as a result of new regulation.
Change
'Failure to develop diverse portfolio' and 'Brexit' identified as new principal risks.
Change
Detailed discussion of non-IFRS alternative performance measures added.
Pronouncements
Improved disclosures regarding new standards including IFRS 9 and IFRS 16.
Change
Additional disclosures added in respect of minority interest put and call option including misleading reference to a joint venture.
Change
Changes in directors remuneration policy disclosed in tandem with improved explanation of links to strategy.

The Parkmead Group plc Monitor

The Parkmead Group plc Annual Report 2015
CR Monitor Issue: 
2016/0501
Company covered: 
The Parkmead Group plc
Period End: 
30 June, 2015
Report issued on 2 May 2016 covered the following practice issues:
New
Impairment of development and production assets represents 42% of pre-tax loss.
New
Recoverable amount of impaired assets calculated using IFRS 13 discounted cash flow income model.
Restatement
Share-based payments employee expense excludes related social security costs.
Restatement
Auditors' remuneration disclosed separately for audit and non-audit services

Stagecoach Group plc Monitor

Stagecoach Group plc Annual Report 2015
CR Monitor Issue: 
2016/0102
Company covered: 
Stagecoach Group plc
Period End: 
30 April, 2015
Report issued on 14 January 2016 covered the following practice issues:
Pronouncements
Information disclosed on impending viability statement requirement.
Pronouncements
Table cross references information required under listing rules.
Change
Illustrative presentation of audit approach by external auditors.

Wolseley plc Monitor

Wolseley plc Annual Report 2013
CR Monitor Issue: 
2013/1204
Company covered: 
Wolseley plc
Period End: 
31 July 2013
Report issued on 09 December 2013 covered the following practice issues:
Pronouncements
Changes afoot in corporate governance disclosures in wake of new UK rules.
Pronouncements
Adoption of new disclosure requirements on auditors' fees.

Hargreaves Lansdown plc Monitor

Hargreaves Lansdown plc Annual Report 2013
CR Monitor Issue: 
2013/1115
Company covered: 
Hargreaves Lansdown plc
Period End: 
30 June 2013
Report issued on 29 November 2013 covered the following practice issues:
Divergence
Long term incentive plan disclosures not clearly identified in share-based payments note.
Divergence
Restatement of aggregated regulatory Pillar 1 capital surplus, without explanation.
Change
Intangible IT assets under construction recognised.
Change
Plans to introduce new pricing model disclosed.
Change
Change in the policy for use of external auditor for non-audit work disclosed.

QinetiQ Group plc Monitor

QinetiQ Group plc Annual Report 2013
CR Monitor Issue: 
2013/1005
Company covered: 
QinetiQ Group plc
Period End: 
31 March 2013
Report issued on 14 October 2013 covered the following practice issues:
Change
Sensitivities disclosed for major impairment leading to loss for year.
Pronouncements
Early adoption of new pension rules reduces comparative profit.
Pronouncements
Implications of developments in UK GAAP for subsidiaries considered.
Pronouncements
Auditors' remuneration restated in line with UK requirements.
Change
Other comprehensive income analysed.
Change
Board diversity policy addresses gender balance.