Directors' remuneration

Renishaw plc Monitor

Renishaw plc Annual report 2017
CR Monitor Issue: 
2018/0209
Company covered: 
Renishaw plc
Period End: 
30 June, 2017
Report issued on 20 February 2018 covered the following practice issues:
Restatement
Prior year restatement following discovery of accounting error in respect of hedge accounting.
Change
Results of discontinued operations highlighted in a separate line item on the face of the income statement.
Change
Auditors report enhanced by inclusion of overview of audit approach section and audit scope diagrams.
Change
Alternative performance measures note added to the financial statements.

Marks & Spencer group plc Monitor

Marks and spencer group plc Annual Report 2017
CR Monitor Issue: 
2018/0203
Company covered: 
Marks & Spencer Group plc
Period End: 
1 April, 2017
Report issued on 2 February 2018 covered the following practice issues:
Change
Identification of new principal risk factors relating to "talent & succession", "UK store estate", and "third party management".
Change
Auditors' report presentation enhanced by inclusion of audit approach summary.
Change
New key audit risk identified in respect of "Accounting for exit costs of certain wholly owned international businesses".
Change
Past service cost recognised on closure of defined benefit pension plan to future accrual.
Change
Disclosure of proposed changes to directors remuneration policy.

Hargreaves Lansdown plc Monitor

Hargreaves Lansdown plc Annual Report 2017
CR Monitor Issue: 
2018/0201
Company covered: 
Hargreaves Lansdown plc
Period End: 
30 June, 2017
Report issued on 6 February 2018 covered the following practice issues:
Change
Change in financial statements format to enhance understanding.
Change
Change in segment reporting in order to present a clear and appropriate view of the business.
Change
Inclusion of table disclosing carrying amount of financial instruments and their classification.
Change
Introduction of disclosure in respect of proposed changes to directors' remuneration policy.

J Sainsbury plc Monitor

J Sainsbury plc Annual Report 2017
CR Monitor Issue: 
2018/0115
Company covered: 
J Sainsbury plc
Period End: 
11 March, 2017
Report issued on 30 January 2018 covered the following practice issues:
New
Presentation of a detailed breakdown of provisional business combination fair values.
Pronouncements
Non-quantified disclosure of future impacts on adoption of IFRS 9, IFRS 15 and IFRS 16.
Change
Segment disclosures enhanced by inclusion of cash flow breakdown.
Change
Remuneration report includes disclosure of proposed changes in directors remuneration.
Change
Financial risk management disclosures enhanced by inclusion of analysis of maximum credit risk exposures.

Redrow plc Monitor

Redrow plc Annual Report 2017
CR Monitor Issue: 
2018/0108
Company covered: 
Redrow plc
Period End: 
30 June, 2017
Report issued on 16 January 2018 covered the following practice issues:
Change
Change in accounting policy in respect of forward land options.
Change
Proposed changes to directors remuneration outlined in directors remuneration report.
Change
Change in presentation of defined benefit pension scheme assumption sensitivity analysis.

Halfords Group plc Monitor

Halfords Group plc-Annual report-2017
CR Monitor Issue: 
2018/0109
Company covered: 
Halfords Group plc
Period End: 
31 March, 2017
Report issued on 16 January 2018 covered the following practice issues:
Change
Detailed disclosure of asset fair values recognised on acquisition including separate disclosure of intangible asset values.
Change
Presentation of audit report enhanced by inclusion of overview section and diagrams.
Change
Risk management disclosures enhanced by inclusion of risk matrix diagram and flow chart explaining risk management framework.
Change
Like for like sales identified as a new key performance indicator.
Change
Directors remuneration policy statement extended to explain impact of good leaver conditions on share based payment awards.

Dairy Crest Group plc Monitor

Dairy Crest Group plc Annual Report 2017
CR Monitor Issue: 
2018/0103
Company covered: 
Dairy Crest Group plc
Period End: 
31 March, 2017
Report issued on 2 January 2018 covered the following practice issues:
Change
Proposed changes to directors remuneration policy include introduction of a new long term incentive plan.
Change
Audit report enhanced by inclusion of tabular disclosure outlining changes to risks of material misstatement.
Pronouncements
Disclosure of impending impacts linked to future adoption of new revenue standard.
Change
Assets held for sale disclosed in a separate line on the face of the statement of financial position.

Diageo plc Monitor

Diageo plc Annual Report 2017
CR Monitor Issue: 
2017/1204
Company covered: 
Diageo plc
Period End: 
30 June, 2017
Report issued on 12 December 2017 covered the following practice issues:
Change
Prior year comparatives not restated following change to segment reporting.
Pronouncements
Enhanced disclosure explaining the future impacts of new financial instrument and revenue standards.
Change
Disclosure of proposed changes to directors remuneration including expanded shareholding requirement.

3i Group plc Monitor

3i Group plc Annual Report 2017
CR Monitor Issue: 
2017/1013
Company covered: 
3i Group plc
Period End: 
31 March, 2017
Report issued on 31 October 2017 covered the following practice issues:
Change
Statement of comprehensive income represented to disclose results of discontinued operations separately.
Restatement
Reclassification of other financial assets and liabilities from fair value through profit or loss to financial instruments at amortised cost without explanation.
Change
Disclosure of proposed changes in finance director’s shareholding requirement.
New
New infrastructure initiative identified as new principal risk factor.

NEXT plc Monitor

NEXT plc Annual Report 2017
CR Monitor Issue: 
2017/1009
Company covered: 
NEXT plc
Period End: 
28 January, 2017
Report issued on 24 October 2017 covered the following practice issues:
Pronouncements
Disclosure of future impending impacts of new revenue, financial instruments, and leases standards.
Change
Defined benefit pension disclosures enhanced to include analysis of the expense recognised in other comprehensive income.
Change
Disclosure of defined benefit pension valuation assumptions and related sensitivity analysis extended.
Change
Principal risk disclosures enhanced to consider the possible impacts of Brexit.
Change
Disclosure of proposed changes in directors' remuneration policy.
Change
Enhancement of auditors’ report by inclusion of tabular presentation explaining audit scope.