Page 97 - 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”)

New and Amendments to HKFRSs that ͉ϋܓ੶Փ͛ࣖٙอࠈʿ
are mandatorily effective for the current ຾ࡌࠈ࠰ಥৌਕజѓ๟ۆ
year

The Council has applied the following new and amendments to ׵͉ϋܓd͉҅࠯ϣᏐ͜˸ɨ͟࠰
HKFRSs issued by the Hong Kong Institute of Certified Public ಥึࠇࢪʮึ཯бʘอࠈʿ຾ࡌ
Accountants (the “HKICPA”) for the first time in the current year: ࠈ࠰ಥৌਕజѓ๟ۆj

HKFRS 9 Financial Instruments ࠰ಥৌਕజѓ ږፄʈՈ
๟ۆୋ9໮
HKFRS 15 Revenue from Contracts with ࠰ಥৌਕజѓ ԸІ܄˒Υߒʘϗ
Customers and the related ๟ۆୋ15໮ ूʿ޴ᗫࡌࠈ
Amendments
HK(IFRIC) – Int 22 Foreign Currency Transactions and ࠰ಥ€਷ყৌ ̮࿆ʹ׸ʿཫ˹
Advance Consideration ਕజѓ༕ᙑ ࿁ᄆ
։ࡰึÑ
༕ᙑୋ22໮
Amendments to HKFRS 2 Classification and Measurement ࠰ಥৌਕజѓ ˸ٰ΅މਿᓾ˕˹
of Share-based Payment ๟ۆୋ2໮ ʹ׸ʘʱᗳʿՉ
Transactions €ࡌࠈ͉ ࠇඎ
Amendments to HKFRS 4 Applying HKFRS 9 Financial ࠰ಥৌਕజѓ Ꮠ͜࠰ಥৌਕజѓ
Instruments with HKFRS 4 ๟ۆୋ4໮ ๟ۆୋ9໮-ږፄ
Insurance Contracts €ࡌࠈ͉ ʈՈձ࠰ಥৌਕ
జѓ๟ۆୋ4໮
ڭᎈΥߒ
Amendments to HKAS 28 As part of the Annual ࠰ಥึࠇ๟ۆ ࠰ಥৌਕజѓ๟ۆ
Improvements to HKFRSs ୋ28໮ ϋܓҷආʘɓ௅
2014 – 2016 Cycle €ࡌࠈ͉ ʱj2014-2016
ϋ඄ಂ
Amendments to HKAS 40 Transfers of Investment Property ࠰ಥึࠇ๟ۆ ҳ༟׌גήପٙ
ୋ40໮ ᔷ౬
€ࡌࠈ͉

Except as described below, the application of the new and ৰɨ˖הࠑ٫̮d׵͉ϋܓᏐ͜
amendments to HKFRSs in the current year has had no material อࠈʿ຾ࡌࠈʘ࠰ಥৌਕజѓ๟
impact on the Council’s financial performance and positions for ۆʔึ࿁͉҅׵͉ϋܓʿཀֻϋ
the current and prior years and/or on the disclosures set out in ܓٙৌਕڌତʿًرʿŊא༈ഃ
these financial statements. ৌਕజڌה༱ٙמᚣପ͛ࠠɽᅂ
ᚤf

Hong Kong Council for Accreditation of Academic and Vocational Qualifications 97
࠰ಥኪஔʿᔖุ༟ዝ൙ᄲ҅