Page 101 - HKCAAVQ AR 2018-19

Financial Report ৌਕజѓ

Notes to the Financial Statements (continued)
ৌਕజڌڝൗ€ᚃ

For the year ended 31 March 2019 ࿚Їɚཧɓɘϋɧ˜ɧɤɓ˚˟ϋܓ

2. Application of New and 2. Ꮠ͜อࠈʿ຾ࡌࠈ࠰
Amendments to Hong Kong ಥৌਕజѓ๟ۆ€˜࠰
Financial Reporting Standards ಥৌਕజѓ๟ۆ™
(“HKFRSs”) (continued) €ᚃ

2.1 HKFRS 15 Revenue from Contracts 2.1 ࠰ಥৌਕజѓ๟ۆୋ
with Customers (continued) 15໮ԸІ܄˒Υߒʘ
ϗू€ᚃ

Summary of effects arising from initial application ࠯ϣᏐ͜࠰ಥৌਕజѓ๟ۆ
of HKFRS 15 (continued) ୋ15໮ٙᅂᚤ฿ࠅ€ᚃ

Impact on the statement of cash flows ࿁ତږݴඎᜊਗڌʘᅂᚤ

Amounts
without
application
As reported Adjustments of HKFRS 15
͊Ꮠ͜
࠰ಥึࠇ๟ۆ
ΐజ ሜ዆ ୋ15໮ږᕘ
HK$ ಥ࿆ HK$ ಥ࿆ HK$ ಥ࿆
Operating activities ຾ᐄݺਗ
Decrease in contract assets Υߒ༟ପಯˇ 57,943 (57,943) –
Increase (decrease) in deferred revenue
჈ַϗɝᄣ̋€ಯˇ – (3,264,239) (3,264,239)
Decrease in contract liabilities Υߒࠋවಯˇ (3,322,182) 3,322,182 –

Note: For the purpose of reporting cash flows from operating ڝൗjމܲගટجజѓ࿚Їɚཧ
activities under indirect method for the year ended 31 ɓɘϋɧ˜ɧɤɓ˚ٙ຾
March 2019, movements in working capital have been ᐄݺਗତږݴdʊ࣬ኽ࿚
computed based on opening balances of the statement of Їɚཧɓɞϋ̬˜ɓ˚ʘ
financial position as at 1 April 2018 as disclosed above. ৌਕًرڌٙಂڋቱᕘࠇ
ၑᐄ༶ϓ͉ٙᜊਗf

Hong Kong Council for Accreditation of Academic and Vocational Qualifications 101
࠰ಥኪஔʿᔖุ༟ዝ൙ᄲ҅