Financial Reporting, Auditing and Ethics - Programme 1: May to July, 1006

Sessions are designed for those who are still struggling
with the basic requirements of HKAS 32 Financial Instruments: Disclosure and Presentation and HKAS 39 Financial Instruments: Recognition and Measurement.

It will cover existing requirements, and forthcoming changes, at an introductory level:

Also will cover the new Hong Kong Standard on Auditing (HKSA) 230, Audit Documentation, adopting the equivalent International Auditing Standard.

In addition, will discuss a number of issues relating to the preparation and use of financial statements. Preparers, auditors and users of financial statements need to understand their increased responsibilities now that Hong Kong Financial Reporting Standards are steadily becoming more ‘principles-based’. The session will provide an opportunity for members to raise issues they encountered in applying HKFRSs.

See full Report, in pdf format.