8777 Investment Services

Close Brothers Group plc Monitor

Close Brothers Group plc Annual Report 2018
CR Monitor Issue: 
2019/0102
Company covered: 
Close Brothers Group plc
Period End: 
31 July, 2018
Report issued on 08 January 2019 covered the following practice issues:
Change
Separate disclosure regarding discontinued operations.
Pronouncements
Enhanced disclosure in respect of the impacts of the future adoption of IFRS 9 "Financial instruments" including quantification.
Change
Discussion of new key audit matter in respect of IFRS 9 disclosures.
Restatement
Changes in income statement format resulting in restatement of comparative figures.

Melrose Industries PLC

Melrose Industries PLC Annual Report 2017
CR Monitor Issue: 
2018/1109
Company covered: 
Melrose Industries PLC
Period End: 
31 December, 2017
Report issued on 13 November 2018 covered the following practice issues:
Change
Provisional values finalised in respect of prior year business acquisition.
Pronouncements
Disclosure of the impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers" and IFRS 16 "Leases".
Change
Reduction in corporate income tax rate results in reassessment of Deferred tax balance.
Change
Separate sections included in audit report discussing director and auditor responsibilities.
Change
Disclosure of post balance sheet events added in the current year.

IG Group Holdings plc Monitor

IG Group Holdings plc Annual Report 2017
CR Monitor Issue: 
2018/0501
Company covered: 
IG Group Holdings plc
Period End: 
31 May, 2017
Report issued on 1 May 2018 covered the following practice issues:
Restatement
Change in segment reporting structure including restatement of prior years.
Change
Presentation of a revenue breakdown by type of instrument.
Change
Cash flows related to purchase and maturity of investments disclosed on a net basis.
New
Presentation of a reconciliation table showing movement in the current corporation tax liability.
Restatement
Restatement of financial instrument offsetting disclosures.
Change
Change in the format of principal risk disclosures.

Intangible assets - Close Brothers Group plc

Period End: 
31 July, 2016
Period End Date: 
2016-07-31
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
8777 Investment Services
Auditor: 
Deloitte

Close Brothers Group plc Monitor

Close Brothers Group plc Annual Report 2016
CR Monitor Issue: 
2017/0203
Company covered: 
Close Brothers Group plc
Period End: 
31 July, 2016
Report issued on 7 February 2017 covered the following practice issues:
Change
Change in allocation of depreciation in respect of assets rented out under operating leases.
Change
Changes in presentation of segmental information as a result of allocation of treasury income to individual lending businesses.
Change
Change in calculation of net interest margin and restatement of net margin interest ratio.
Change
Change in disclosure of maximum exposure to the credit risk following restatement of comparative undrawn commitments.
Change
Transfer of listed equity shares from Level 1 to Level 2 within the fair value valuation hierarchy.

IG Group Holdings plc Monitor

IG Group Holdings plc Annual Report 2016
CR Monitor Issue: 
2017/0105
Company covered: 
IG Group Holdings plc
Period End: 
31 May, 2016
Report issued on 9 January 2017 covered the following practice issues:
Change
Identification of revenue recognition as a new area of audit focus.
Change
Enhanced quantified capital adequacy disclosures.
Change
Clarity of principal risk disclosures improved.
New
Identification of Competitor, Reputation and People risks as new principal risk factors.

Close Brothers Group plc Monitor

Close Brothers Group plc Annual Report 2015
CR Monitor Issue: 
2016/0212
Company covered: 
Close Brothers Group plc
Period End: 
31 July, 2015
Report issued on 26 February 2016 covered the following practice issues:
New
Gain on business disposal adjusted for post year end account finalisation.
Change
Clawback provision on variable remuneration implemented and disclosed.