3767 Personal Products

The Unilever Group Monitor

The Unilever Group Annual Report 2017
CR Monitor Issue: 
2018/0511
Company covered: 
The Unilever Group
Period End: 
31 December, 2017
Report issued on 15 May 2018 covered the following practice issues:
Change
Change in measure of segment profit.
Change
Enhanced disclosure of assets held for sale.
Change
Detailed discussion added on climate change risk.
Change
Tabular presentation of contingent liabilities introduced.
Change
Amounts in respect of material business combination disclosed separately.
Pronouncements
Enhanced disclosure in respect of new standards including some quantification.

Beiersdorf AG Monitor

Beiersdorf AG Annual Report 2017
CR Monitor Issue: 
2018/0504
Company covered: 
Beiersdorf AG
Period End: 
31 December, 2017
Report issued on 01 May 2018 covered the following practice issues:
Pronouncements
Audit report includes disclosure of key audit matters.
Change
Tabular presentation added to risk disclosures.
Pronouncements
Extended disclosure in respect of new accounting standards including IFRS 9, IFRS 15 and IFRS 16

The Unilever Group Monitor

The Unilever Group Annual Report 2016
CR Monitor Issue: 
2017/0608
Company covered: 
The Unilever Group
Period End: 
31 December, 2016
Report issued on 20 June 2017 covered the following practice issues:
Pronouncements
Enhanced disclosure in respect of new standards issued but not yet applicable.
Change
Disclosure of “climate change” as a new area of principal risk.
Change
Identification of goodwill and indefinite-life intangibles allocated to new additional significant cash generating unit.
Change
Contingent consideration included in financial instrument fair value hierarchy at level 3.

Beiersdorf AG Monitor

Beiersdorf AG Annual Report 2016
CR Monitor Issue: 
2017/0501
Company covered: 
Beiersdorf AG
Period End: 
31 December, 2016
Report issued on 2 May 2017 covered the following practice issues:
Pronouncements
Discussion of future impacts of IFRS 16 "Leases" added to accounting policies note.
New
Disclosure of risks extended by inclusion of risk radar diagram and a discussion of risk rankings.
Change
Extended disclosure of contingent liabilities in respect of the legal risk of pending litigation.

PZ Cussons plc

PZ Cussons plc Annual Report 2015
CR Monitor Issue: 
2016/0202
Company covered: 
PZ Cussons plc
Period End: 
31 May, 2015
Report issued on 08 Feburary 2016 covered the following practice issues:
New
Acquisition of remaining stake in former joint venture treated as business combination.
Restatement
Cash outflow paid for additional stake in subsidiary classed under financing activities, highlighting prior period error.
Change
Accrued trade promotion expense included as an area of audit focus.

Beiersdorf AG Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2011/1101
Period End: 
30 June 2015
Listing Status: 
Europe 350
ICB Industry Classification: 
3767 Personal Products
Restatement
Inclusion of some distribution expenses under cost of goods sold reduces comparative gross profit by 7.6%, highlighting comparability issue.

PZ Cussons Plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2015/0302
Period End: 
30 November 2014
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
3767 Personal Products
Auditor: 
PricewaterhouseCoopers
Divergence
Loans to and share of net liabilities of joint ventures presented net, without further analysis.
Change
Interest paid reclassified from financing activities to operating activities.

Svenska Cellulosa Aktiebolaget SCA Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2014/1009
Period End: 
30 June 2014
Auditor: 
PricewaterhouseCoopers
Pronouncements
Consolidation Standard leads to full consolidation of some former joint ventures.
Pronouncements
Joint ventures accounted for by equity method.
Divergence
Accounting for joint operations described as "the proportional method".
Change
Purchase of 50% interest in subsidiary treated as equity transaction.