Hong Kong Financial Reporting Standards UpdateSection I.New and amended Standards and Interpretations issued that are applicable to December2009 year-endEffective dateHKFRS 1 and HKAS 27AmendmentsCost of an Investment in a Subsidiary, JointlyControlled Entity or AssociateAccounting periods beginningon or after:
1 January 2009 (HKAS 27)
1 July 2009 (HKFRS 1)
HKFRS 2 AmendmentsVesting Conditions and CancellationsAccounting periods beginningon or after 1 January 2009HKFRS 7 AmendmentsImproving Disclosures about FinancialInstrumentsAccounting periods beginningon or after 1 January 2009HKFRS 8Operating SegmentsAccounting periods beginningon or after 1 January 2009HKAS 1 (Revised)
Presentation of Financial StatementsAccounting periods beginningon or after 1 January 2009HKAS 23 (Revised)
Borrowing CostsAccounting periods beginningon or after 1 January 2009HKAS 32 and HKAS 1AmendmentsPuttable Financial Instruments and ObligationsArising on LiquidationAccounting periods beginningon or after 1 January 2009HK(IFRIC)-Int 9 and HKAS 39AmendmentsEmbedded DerivativesAccounting periods ending onor after 30 June 2009HK(IFRIC) – Int 13Customer Loyalty ProgrammesAccounting periods beginningon or after 1 July 2008HK(IFRIC) – Int 15Agreements for the Construction of Real EstateAccounting periods beginningon or after 1 January 2009HK(IFRIC) – Int 16Hedges of a Net Investment in a ForeignOperationAccounting periods beginningon or after 1 October 2008HK(IFRIC) – Int 18Transfers of Assets from CustomersEffective for transfers of assetsfrom customers received on orafter 1 July 2009Annual Improvements ProjectImprovements to HKFRSsAccounting periods beginningon or after 1 January 2009(unless otherwise specified)
Section II. New and amended Standards and Interpretations issued that are effective subsequent toDecember 2009 year-end, but may be adopted earlyEffective dateConceptual FrameworkConceptual Framework for Financial ReportingUpon issuanceHKFRS 1 (Revised)
First-time Adoption of HKFRSsAccounting periods beginningon or after 1 July 2009HKFRS 1 AmendmentAdditional Exemptions for First-time AdoptersAccounting periods beginningon or after 1 January 2010HKFRS 1 AmendmentLimited Exemption from Comparative HKFRS 7Disclosures for First-time AdoptersAccounting periods beginningon or after 1 July 2010HKFRS 2 AmendmentGroup Cash-settled Share-based PaymentTransactionsAccounting periods beginningon or after 1 January 2010HKFRS 3 (Revised)
Business CombinationsAccounting periods beginningon or after 1 July 2009HKFRS 7 AmendmentDisclosures – Transfers of Financial AssetsAccounting periods beginningon or after 1 July 2011HKFRS 9Financial InstrumentsAccounting periods beginningon or after 1 January 2013HKAS 24 (Revised)
Related Party DisclosuresAccounting periods beginningon or after 1 January 2011HKAS 27 (Revised)
Consolidated and Separate FinancialStatementsAccounting periods beginningon or after 1 July 2009HKAS 32 AmendmentClassification of Rights IssuesAccounting periods beginningon or after 1 February 2010HKAS 39 AmendmentEligible Hedged ItemsAccounting periods beginningon or after 1 July 2009HK(IFRIC) – Int 14AmendmentPrepayments of a Minimum FundingRequirementAccounting periods beginningon or after 1 January 2011HK(IFRIC) – Int 17Distributions of Non-cash Assets to OwnersAccounting periods beginningon or after 1 July 2009HK(IFRIC) – Int 19Extinguishing Financial Liabilities with EquityInstrumentsAccounting periods beginningon or after 1 July 2010Annual Improvements ProjectImprovements to HKFRSs 2009Accounting periods beginningon or after 1 January 2010(unless otherwise specified)
Annual Improvements ProjectImprovements to HKFRSs 2010Accounting periods beginningon or after 1 January 2011(unless otherwise specified)
References on the above new and amended Standards and Interpretations
1.Deloitte – IFRSs in your Pocket 2010http://www.iasplus.com/dttpubs/pocket2010.pdf
2.Ernst & Young – IFRS update for financial year ending 30 June 2010http://www.ey.com/Publication/vwLUAssets/2010_IFRS_Update/$File/IFRS_Update_year-end_June_2010_GL_IFRS.pdf
3.KPMG – Reminder: effective dates of IFRSshttp://www.kpmg.com/CN/en/IssuesAndInsights/ArticlesPublications/Newsletters/IFRS-Briefing-Sheet/Documents/IFRS-Briefing-Sheet-O-1009-210.pdf
4.PwC – A practical guide to new IFRSs for 2010http://www.pwc.com/en_GX/gx/ifrs-reporting/pdf/A_practical_guide_to_new_IFRSs_for_2010.pdf
5.Deloitte – Closing out 2009http://www.iasplus.com/iasplus/0912closingout2009.pdf
6.Ernst & Young - 2009 International Financial Reporting Standards Updatehttp://www.ey.com/Publication/vwLUAssets/2009_IFRS_Update/$File/2009_IFRS_Update_GL_IFRS.pdf
7.KPMG – Taking stock of new developments as at 31 December 2009http://www.kpmg.com.hk/en/virtual_library/Audit/financial_reporting/FRU0957.html
8.PwC – A practical guide to new IFRSs for 2009http://www.pwchk.com/webmedia/doc/633886172716275778_ifrs_practical_guide_sep2009.pdf1 November 2010
List of new and amended Standards and Interpretations issued that are applicable to December 2009 year-end and after
下载原件Hong Kong Financial Reporting Standards UpdateSection I.New and amended Standards and Interpretations issued that are applicable to December2009 year-endEffective dateHKFRS 1 and HKAS 27AmendmentsCost of an Investment in a Subsidiary, JointlyControlled Entity or AssociateAccounting periods beginningon or after:
1 January 2009 (HKAS 27)
1 July 2009 (HKFRS 1)
HKFRS 2 AmendmentsVesting Conditions and CancellationsAccounting periods beginningon or after 1 January 2009HKFRS 7 AmendmentsImproving Disclosures about FinancialInstrumentsAccounting periods beginningon or after 1 January 2009HKFRS 8Operating SegmentsAccounting periods beginningon or after 1 January 2009HKAS 1 (Revised)
Presentation of Financial StatementsAccounting periods beginningon or after 1 January 2009HKAS 23 (Revised)
Borrowing CostsAccounting periods beginningon or after 1 January 2009HKAS 32 and HKAS 1AmendmentsPuttable Financial Instruments and ObligationsArising on LiquidationAccounting periods beginningon or after 1 January 2009HK(IFRIC)-Int 9 and HKAS 39AmendmentsEmbedded DerivativesAccounting periods ending onor after 30 June 2009HK(IFRIC) – Int 13Customer Loyalty ProgrammesAccounting periods beginningon or after 1 July 2008HK(IFRIC) – Int 15Agreements for the Construction of Real EstateAccounting periods beginningon or after 1 January 2009HK(IFRIC) – Int 16Hedges of a Net Investment in a ForeignOperationAccounting periods beginningon or after 1 October 2008HK(IFRIC) – Int 18Transfers of Assets from CustomersEffective for transfers of assetsfrom customers received on orafter 1 July 2009Annual Improvements ProjectImprovements to HKFRSsAccounting periods beginningon or after 1 January 2009(unless otherwise specified)
Section II. New and amended Standards and Interpretations issued that are effective subsequent toDecember 2009 year-end, but may be adopted earlyEffective dateConceptual FrameworkConceptual Framework for Financial ReportingUpon issuanceHKFRS 1 (Revised)
First-time Adoption of HKFRSsAccounting periods beginningon or after 1 July 2009HKFRS 1 AmendmentAdditional Exemptions for First-time AdoptersAccounting periods beginningon or after 1 January 2010HKFRS 1 AmendmentLimited Exemption from Comparative HKFRS 7Disclosures for First-time AdoptersAccounting periods beginningon or after 1 July 2010HKFRS 2 AmendmentGroup Cash-settled Share-based PaymentTransactionsAccounting periods beginningon or after 1 January 2010HKFRS 3 (Revised)
Business CombinationsAccounting periods beginningon or after 1 July 2009HKFRS 7 AmendmentDisclosures – Transfers of Financial AssetsAccounting periods beginningon or after 1 July 2011HKFRS 9Financial InstrumentsAccounting periods beginningon or after 1 January 2013HKAS 24 (Revised)
Related Party DisclosuresAccounting periods beginningon or after 1 January 2011HKAS 27 (Revised)
Consolidated and Separate FinancialStatementsAccounting periods beginningon or after 1 July 2009HKAS 32 AmendmentClassification of Rights IssuesAccounting periods beginningon or after 1 February 2010HKAS 39 AmendmentEligible Hedged ItemsAccounting periods beginningon or after 1 July 2009HK(IFRIC) – Int 14AmendmentPrepayments of a Minimum FundingRequirementAccounting periods beginningon or after 1 January 2011HK(IFRIC) – Int 17Distributions of Non-cash Assets to OwnersAccounting periods beginningon or after 1 July 2009HK(IFRIC) – Int 19Extinguishing Financial Liabilities with EquityInstrumentsAccounting periods beginningon or after 1 July 2010Annual Improvements ProjectImprovements to HKFRSs 2009Accounting periods beginningon or after 1 January 2010(unless otherwise specified)
Annual Improvements ProjectImprovements to HKFRSs 2010Accounting periods beginningon or after 1 January 2011(unless otherwise specified)
References on the above new and amended Standards and Interpretations
1.Deloitte – IFRSs in your Pocket 2010http://www.iasplus.com/dttpubs/pocket2010.pdf
2.Ernst & Young – IFRS update for financial year ending 30 June 2010http://www.ey.com/Publication/vwLUAssets/2010_IFRS_Update/$File/IFRS_Update_year-end_June_2010_GL_IFRS.pdf
3.KPMG – Reminder: effective dates of IFRSshttp://www.kpmg.com/CN/en/IssuesAndInsights/ArticlesPublications/Newsletters/IFRS-Briefing-Sheet/Documents/IFRS-Briefing-Sheet-O-1009-210.pdf
4.PwC – A practical guide to new IFRSs for 2010http://www.pwc.com/en_GX/gx/ifrs-reporting/pdf/A_practical_guide_to_new_IFRSs_for_2010.pdf
5.Deloitte – Closing out 2009http://www.iasplus.com/iasplus/0912closingout2009.pdf
6.Ernst & Young - 2009 International Financial Reporting Standards Updatehttp://www.ey.com/Publication/vwLUAssets/2009_IFRS_Update/$File/2009_IFRS_Update_GL_IFRS.pdf
7.KPMG – Taking stock of new developments as at 31 December 2009http://www.kpmg.com.hk/en/virtual_library/Audit/financial_reporting/FRU0957.html
8.PwC – A practical guide to new IFRSs for 2009http://www.pwchk.com/webmedia/doc/633886172716275778_ifrs_practical_guide_sep2009.pdf1 November 2010