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HKFRS News 

Jun 2008  

In this newsletter, we look at the following topic:
  
Credit crunch and related market turbulence: practical implications for preparers of financial statements
   
In view of the significant impact of the credit crunch and related market turbulence, this newsletter addresses some of the common issues we have seen recently under IFRS and offers practical guidance on the actions management can take, such as:

  • Accounting issues around financial instruments;
  • Top 10 impairment issues; and
  • Effect on employee benefits accounting.

Get Your Copy Here
Read more by downloading our HKFRS News - Jun 2008 (pdf file, 210KB) for your reference.
  
Note: HKFRS has converged with IFRS effective from 1 January 2005.  Contents contained in this newsletter are relevant to both HKFRS preparers and IFRS preparers.

Other Issues of HKFRS News
Accounting and Listing Rules Updates

Contacts
Gladys Lau
Hong Kong
Tel: +[852] 2289 2976 Email

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