《二零一六年2月的会计、审计和监管事务变更的双语版文件》.pdf

China 中文 Audit Technical February 2012 Track Changes The purpose of this National Technical Department Update is to highlight some of the key developments relating to financial reporting, auditing and regulatory matters during February 2012. Topics include: • Financial Reporting o HKFRSs\IFRSs o PRC GAAP • Auditing o Global o Hong Kong o PRC • Regulatory o PRC This newsletter is for internal distribution only. 1 Financial Reporting HKFRSs\ IFRSs HKFRS Update HKICPA Activity The HKICPA held a financial reporting forum on 13 February in which Henry Rees, IASB Associate Director, talked about the exposure draft of Revenue from Contracts with Customers. Mr Rees outlined the main changes to the existing practices and the potential implications of the exposure draft if they were adopted. The exposure draft and the Institutes invitation to comment can be downloaded at: .hk/file/media/section6_standards/standards/FinancialReporting/ ed-pdf-2011/nov/I2C-revenue.pdf IFRS Update IASCF/IASB/IFRS Interpretations Committee Activity IASB publishes updated work plan The IASB published an updated work plan incorporating the impact of recently issued pronouncements and outlining a revised timeline for its projects. A number of projects have been deferred and the expected timing of other projects more precisely defined. Deferred projects include impairment, general hedge accounting and insurance contracts and more detail was provided on the next project milestone for projects on classification and measurement of financial instruments (lim