8773 Consumer Finance

OneSavings Bank plc Monitor

OneSavings Bank plc Annual Report 2018
CR Monitor Issue: 
2019/0608
Company covered: 
OneSavings Bank plc
Period End: 
31 December, 2018
Report issued on 10 June 2019 covered the following practice issues:
Pronouncements
Adoption of IFRS 9 Financial instruments and IFRS 15 Revenue from contracts with customers, from 1 January 2018.
Pronouncements
Disclosure in respect of the expected impact of IFRS 16 Leases and amendment to IAS 12 Income Taxes.
Change
Disclosure of a new exceptional item.
Change
Information on the new post balance sheet event.
Change
Disclosure of information on net investment in finance lease and receivables.

Provident Financial plc Monitor

Provident Financial plc Annual Report 2018
CR Monitor Issue: 
2019/0508
Company covered: 
Provident Financial plc
Period End: 
31 December, 2018
Report issued on 13 May 2019 covered the following practice issues:
Restatement
Comparative year basic and diluted loss per share figures are restated to reflect the bonus element of a rights issue.
Pronouncements
IFRS 9 Financial instruments is adopted.
Pronouncements
An accounting policy discussion of IFRS 16 Leases includes quantification as to the expected impact of adoption.
Change
A discussion of Brexit is included in the financial and capital risk management note to the accounts.

Amigo plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2019/0502
Period End: 
30 September 2018
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
8773 Consumer Finance
Auditor: 
KPMG
Pronouncements
Adopted IFRS 15 Revenue from Contracts with Customers (IFRS 15) and IFRS 9 Financial Instruments (IFRS 9), from 1 April 2018.
Change
Presentational changes made to the statement of comprehensive income, balance sheet and certain notes to the accounts.

Provident Financial plc Monitor

Provident Financial plc Annual Report 2016
CR Monitor Issue: 
2017/0804
Company covered: 
Provident Financial plc
Period End: 
31 December, 2016
Report issued on 08 August 2017 covered the following practice issues:
Pronouncements
Non-quantified impact disclosures in respect of IFRS 9 make reference to change in impairment method.
Change
Principal risk disclosures extended by inclusion of discussion of new risk factors.
Restatement
Restatement of amount of other receivables and prepayments & accrued income.

The Paragon Group Companies PLC Monitor

The Paragon Group Companies PLC Annual Report 2016
CR Monitor Issue: 
2017/0704
Company covered: 
The Paragon Group Companies PLC
Period End: 
30 September, 2016
Report issued on 11 July 2017 covered the following practice issues:
Change
Statement of changes in equity shows separately reconciliation of movements for each component of equity including comprehensive income and transaction with owner elements.
Change
A sensitivity analysis is added to the disclosure of critical accounting estimates.
New
Qualitative factors underlying goodwill recognised during the year explained.
Change
Presentation of auditors' report enhanced by inclusion of graphical presentation in respect of materiality.
Change
Auditors identify new areas of risk of material misstatement in respect of "Interest payable on asset backed loan notes" and "recoverability of goodwill".
Pronouncements
New principal risk factors added to tabular disclosure including capital risk linked to Basel Committee proposals.

Provident Financial plc Monitor

Provident Financial plc Annual Report 2015
CR Monitor Issue: 
2016/1205
Company covered: 
Provident Financial plc
Period End: 
31 December, 2015
Report issued on 12 December 2016 covered the following practice issues:
Change
Gain on fair value measurement of an investment classified as "available for sale" recognised in other comprehensive income.
New
Introduction of a risk map for describing risks and their impact.
Pronouncements
Change in Companies Act results in disclosure of full list of subsidiaries.