Updates on Financial Reporting Standards

Transcription

1 Enrollment can be made for the whole course or by day! Updates on Financial Reporting Standards 30 CPD hours in 4 days (Course Code: ) The School of Continuing and Professional Education, City University of Hong Kong (CityU SCOPE) is launching a Continuing and Professional Development (CPD) course in Accounting and Finance, Updates on Financial Reporting Standards. This course aims to provide accounting and finance professionals with up-to-date knowledge and competencies required for long-term career development, in addition to fulfilling their CPD or other professional requirement. It is designed to update participants the latest developments in Hong Kong Financial Reporting Standards (HKFRSs). The speaker will explain the requirements of recently issued or amended HKFRSs; discuss specific areas in financial reporting known to be problematic in practice; and explore the financial reporting implications of the new Companies Ordinance. Speaker: Mr. Paul M.Y. YEUNG CPA, MA(Lancaster), MA(CUHK) An experienced writer, consultant and lecturer in financial reporting, auditing and business ethics. Medium of Instruction: Cantonese with English Terminology Target Participants: Financial controllers, group accountants, accounting managers, financial accountants and auditors who need a good understanding of the latest financial reporting requirements and practice Members of professional bodies who need to fulfill their CPD requirements for continuous registration No. of Days: 4 Fridays (8, 15, 22 and 29 Jul 2016) Fee: Member of Accounting Other participants Professional Bodies Per whole course HK$6,600 HK$7,200 Per day HK$1,650 HK$1,800 Enrolment Deadline: 24 Jun 2016 (Friday)

2 Course Schedule Topics Date Time Day 1 Companies Ordinance, Revenue, Leases, 8 Jul 2016 (Fri) CPD hours: 7.5 Financial instruments and Newly Issued Amendments Companies Ordinance (Chapter 622): Reporting exemptions, financial statements disclosures, directors reports etc. Standards/amendments newly effective in 2016 & after HKFRS 15 Revenue from contracts with customers HKFRS 16 Leases Financial Instruments financial assets and liabilities, de-recognition and transfers: HKFRS 9 vs. HKAS 39 Financial Instruments HKAS 32: liability vs equity, compound instruments, HKFRS 7: credit risks, liquidity risks and market risks CityU SCOPE Admiralty Learning Centre, 8/F, Day 2 Consolidated Financial Statements and Business Combination 15 Jul 2016 (Fri) CPD hours: 7.5 United Centre, 95 Queensway, Admiralty, HKFRS 10 definition of control, consolidation issues HKAS 28 equity accounting, separate financial statements HKFRS 11 joint ventures vs joint operation, classification and accounting HKFRS 12 overall review, non-wholly owned Hong Kong (same venue for 4 days) subsidiaries, unconsolidated structured entities etc. HKFRS 3 acquisition date, consideration transferred, acquisition related costs HKFRS 3 assets acquired and liabilities assumed, non-controlling interest and goodwill HKFRS 3 separate transactions, combination in stages

3 Day 3 Fair Value Measurement, Impairment of Asset and Intangible Assets 22 Jul 2016 (Fri) CPD hours: 7.5 HKFRS 13 New measurement concept introduced: fair value hierarchy, highest and best use, most advantages markets etc. HKFRS 13 Disclosure requirements and practical issues, e.g. investment properties HKAS 36 General principles and practical issues in asset impairment HKAS 36 Estimation of value in use, general principles and practical issues HKAS 38 General principles and practice issues in recognition and measurement of intangible assets CityU SCOPE Admiralty Learning Centre, 8/F, United Centre, 95 Queensway, Admiralty, Hong Kong Day 4 Deferred Tax and Share-based Payment 29 Jul 2016 (Fri) CPD hours: 7.5 (same venue for 4 days) HKAS 12 general principles, e.g. temporary differences, expected manner of recovery, exceptions to recognition principle; specific issues, e.g. deferred tax of properties, reconciliation etc. HKFRS 2 general principles, e.g. vesting conditions; specific issues, e.g. modification, cancellation, between group entities etc. Assessment and Award No assessment is required. There are two sessions (AM and PM) per day. Participants are required to join a session no later than 30 minutes after the commencement time of each session. A Certificate of Attendance with indicated CPD hours will be issued to participants who meet the aforesaid condition and attend both sessions by end of each day. Application Application can be made for the whole course or per day, though the former will have higher priority. Completed application form should be sent to the following address on or before the deadline.

4 Enquiries School of Continuing and Professional Education, City University of Hong Kong (CityU SCOPE) Location: LG/F, Academic Exchange Building, City University of Hong Kong, Tat Chee Avenue, Kowloon, Hong Kong Tel: Fax: Website:

5 Application Form for Continuing and Professional Development (CPD) Course in Accounting and Finance Please refer to the Application Guide & Programme Information before completing this form. Kindly fill in the application form clearly in English BLOCK Letters. Enrolling Course Options Course Title Updates on Financial Reporting Standards Course Code (Please " " as appropriate) I am a member of Accounting Professional Body Yes No If yes, please provide name of the professional body and membership number : I am enrolling the whole course for 4 days (member : HK$6,600; other participants: HK$7,200) I am enrolling the course per day (may choose more than one day) (member : HK$1,650/day; other participants: HK$1,800/day) Day 1 (8 July 2016) Day 2 (15 July 2016) Day 3 (22 July 2016) Day 4 (29 July 2016) Personal Particulars (*Please delete as appropriate ) Name in English (as shown on HKID Card/Passport) Name in Chinese Gender M / F* Date of Birth Dr / Mr / Mrs / Ms* (dd/mm/yy) HKID Card/Passport No.* (Please enter first 4 digits only. e.g. Y123XXXX) Nationality Non-local applicant please the box (Please attach a copy of your HKID card) Correspondence Address Hong Kong Kowloon New Territories Others (Please specify) Company Position Tel (Office) (Home) (Mobile # ) Fax # Urgent notice(s) will be sent to your mobile phone via SMS * Please delete as appropriate Qualifications A. Highest Education Level Attained (Please " " as appropriate) Secondary or below Diploma / Higher Certificate / Certificate Form 5 or equivalent Associate Degree / Higher Diploma HKDSE, Form 6, Form 7 or equivalent Bachelor's Degree Postgraduate Diploma / Certificate Master's Degree Doctoral Degree B. Professional Qualifications (in reverse chronological order) If there is insufficient space, please give details on a separate sheet and attach to this application. Awarding Institution Professional Qualifications Year of Attainment

6 C. Additional Information 其他資料 Declaration I declare that I have read and understood the nature and details of the Application Guide & Programme Information. I declare that all the information given in support of this application form and the attached supporting documents are, to the best of my knowledge, accurate and complete, and agree to provide original document(s) for verification of my qualifications when required. I understand that this information will be used in the admission decision process, I accept that if, in reading and completing this application, I knowingly or carelessly provided untrue or incomplete information, any offer of admission, whether accepted or not, may be disqualified and / or I may be required to withdraw from any programme which I am enrolled in and all fees paid will not be refunded. I authorize CityU SCOPE to obtain, and the relevant authorities to release, any and all information about my academic and / or professional qualifications obtained in Hong Kong and elsewhere. I authorize CityU SCOPE to use my data to carry out checks regarding my application and records of previous studies in the University and other institutions. I understand that, upon my registration in a programme, the data will become part of my student record and may be used for all purposes relating to my study in the programme. I consent that if admitted to the programme, I will conform to the statutes and regulations of City University of Hong Kong and CityU SCOPE. Signature 簽署 Date 日期 Checklist for Application Before submitting your application, please check if you have : completed the application form signed and dated the application form supplied other relevant information (if necessary) attached a crossed cheque or cashier s order made payable to City University of Hong Kong Source of Information 資料來源 How do you know CityU SCOPE/this programme? (You may choose more than one option) CityU SCOPE CityU SCOPE website CityU SCOPE Learning Centre Referral Teachers/Lecturers CityU SCOPE Students/Graduates Friends/Relatives Media Online Ad : Newspaper Ad : Magazine Ad: Search Engine/Online Forums/Social Media: Direct Mailing s/e-Newsletter Direct Mails Others: MTR Info Panel Event Booth/Seminars at Your Campus Exhibitions Info Seminar at CityU SCOPE Have you ever taken our programme? Yes (Please specify) No CityU SCOPE would like to provide you information on our programmes / courses to help navigating your lifelong learning. If you do not wish to receive such information, please " " the box.

7 Application Guide Applicants may enroll in person or send the completed enrolment form together with the course fee in form of a crossed cheque or cashier s order made payable to City University of Hong Kong to: School of Continuing and Professional Education (SCOPE) Lower Ground Floor, Academic Exchange Building, City University of Hong Kong, Tat Chee Avenue, Kowloon Office hours: Mon-Fri: 9am-12noon; 2pm-5pm Sat:9am-12noon Closed on Sundays and Public Holidays Enquiries : / scope@cityu.edu.hk Website : Please use a separate cheque for each course and note that post-dated cheque will not be accepted. Reservation of a place by fax is not accepted. CityU SCOPE reserves the rights not to admit an applicant. Places allocated in each class are not transferable. Fees are not refundable or transferable. CityU SCOPE reserves the rights to alter course details such as date, time,venue and instructor as well as to cancel courses. Non-local applicants are defined as persons entering Hong Kong for the purpose of education with a student visa/entry permit issued by the Director of Immigration. For details, please contact the Immigration Department of the HKSAR Government (Tel: ; Website: Participants will receive an acknowledgement of enrolment, and a time table together with venue directions. Please contact us if you do not receive any notification one week before course commencement. Personal data provided on the application form will be used by CityU SCOPE for purposes relating to application and admission. For details of the Personal Data Collection Statement, please refer to the website: CityU SCOPE is committed to equal opportunities in education and seeks to provide every possible means to assist students with disabilities and to facilitate their learning. Students concerned are invited to write to CityU SCOPE to specify what special assistance is needed. All information collected will be kept confidential. CityU SCOPE will make special arrangements when Typhoon Signal No. 8 or above is hoisted, or when a Black Rainstorm Warning Signal is issued by the Hong Kong Observatory. Please visit CityU SCOPE Website for details. SCOPE/1/16/04/2082