Financial instruments are subject to impairment review by applying the ‘Expected Credit Losses Model’ (ECL)
IFRS 13 Fair Value Measurement applies when another IFRS requires or permits fair value measurements, either in the primary statements themselves or in the footnotes.
Amendments to paragraph 3.23 to clarify the identifiable liabilities to be recognized in business combination to avoid Day-2 gain or loss.
Should rental deposit be capitalized as ROU assets? It depends on the rental deposit is refundable or not.
Incremental costs of fulfilling that contract and an allocation of other costs relate directly to fulfilling contracts are to be included in assessing onerous contracts.
Amendments prohibit the deduction of amounts received from selling items produced while the company is preparing the asset for its intended use from the cost of PPE.
Amendments to HKAS 12 -Deferred Tax related to Assets and Liabilities arising from a Single Transaction