Capital Markets 360°
A 360° overview and hot topics on capital markets
A 360° overview and hot topics on capital markets
Watch PwC Hong Kong's Benson Wong, Entrepreneur Group Leader, and Eddie Wong, Capital Market Services Partner, share the outlook of Hong Kong's IPO market.
Know more about IFRS disclosure requirements in financial statements and the IAS application status in Argentina.
Know the latest on IFRS 17 implementation.
Understand the IFRS 17 implementation issues and disclosures required in interim financial statements under IFRS 9.
Watch our accounting specialists Gail Tucker and Anthony Coughlan explain the scope of the new insurance standard.
Understand the revised IASB Conceptual Framework, and the disclosures required when applying IFRS 15 and IFRS 9 for interim financial statements.
This study surveys stock market listings in Greater China and provides a comparison with the world’s major markets
High-level outline of the key requirements of new IFRS standards and interpretations effective in 2018.
Understand different transition requirements when applying IFRS 9, 15, 16 and 17, and IFRS 9 impairment on inter-company loans.
Find out the highlights of the listing requirements effective on 30 April 2018.
A look at current financial reporting issues
The IASB has revised its Conceptual Framework. This will not result in any immediate change to IFRS, but the Board and Interpretations Committee will use the revised Framework in setting future standards. It is therefore helpful for stakeholders to understand the concepts in the Framework and the potential ways in which they might impact future guidance.
This publication presents illustrative interim financial statements for a fictitious listed company, VALUE IFRS Plc, for the six months to 30 June 2018.
What are the considerations for a listing in Hong Kong?
Get prepared for Q1 2018 with this IFRS quarterly update edition.
Know the latest IAS 19 amendments and IFRS IC agenda decision on the presentation of interest revenue for certain financial instruments.
An investor's view on the new standards. Hilary Eastman explains what investors want to know on IFRS 15,16 and IFRS 9.
Have you considered how to apply IFRS 9's forward-looking impairment model to inter-company loans receivable? This In Depth explores which inter-company loans are affected and what you need to consider.
The retail and consumer industry is heavily impacted by IFRS 16 with a median increase in debt of almost 100%. This In depth supplement highlights the most significant challenges for the retail and consumer industry including renewal options, variable payments and key money.
The challenge of debt vs equity classification explained in just 20 minutes by Helen Wise.
Future uses of technology in the audit promise to be transformative. We look at how auditors are experimenting with automation today and we look ahead to imagine how emerging technologies will enhance the audit of the future.
Understand the impact of the US tax reform on IFRS tax accounting.
Expanding the listing regime to facilitate listings of new economy companies
On 7 February 2018, the IASB issued amendments to the guidance in IAS 19, ‘Employee Benefits’, in connection with accounting for plan amendments, curtailments and settlements.
This publication focuses on the new guidance in IFRS 9 and the questions that might arise when applying it to financial instruments held by investment funds, private equity funds and real estate funds, as well as to investments in an investment fund held by an investor.
How might the banking industry be affected by IFRS 15? Take a look at our supplement that considers potential issues in areas such as credit cards, loyalty schemes, commissions, advisory contracts and bundled products.
Where do people go wrong with intangible assets? Mary Dolson uncovers common misconceptions in 20 minutes.
Emerging IFRS 16 implementation issues from Jay Tahtah: lease term, discount rate, and transition covered in just 20 minutes.
The standard specifies how and when an IFRS reporter will recognise revenue. It also requires such entities to provide financial statement users with more informative and relevant disclosures.
Watch Eddie Wong, Capital Market Services Partner, and Benson Wong, Entrepreneur Group Leader of PwC Hong Kong share the outlook of the Hong Kong IPO market.
Our video series ‘Demystifying IFRS 9 Impairment’ gives practical insights into the issues every bank should be aware of when implementing the new rules.
How to account for cryptocurrencies? What are the debits and credits? Find out from Gary Berchowitz, PwC Partner.
Many banks grant revolving credit facilities to their customers, such as credit cards and overdrafts. IFRS 9 contains some specific impairment requirements for these unique facilities that give rise to some complex issues, both conceptually and in practice. Industry thinking is expected to continue to evolve on but this publication brings together our latest thinking on this topic.
Expanding Hong Kong’s listing regime to facilitate listings of new economy companies
The revised Listing Rules will be effective on or after 15 Feb 2018, with transitional arrangements
The shipping industry is likely to be one of the most affected by the new standard, given that bareboat, time-charter contracts and other arrangements that are widely used in the industry will typically fall under the definition of a lease. This In Depth supplement explains how the arrangements common in the Shipping industry will be accounted for under IFRS 16.
This paper examines the disclosures in the financial statements of 60 of the largest telco companies globally to gauge the impact of IFRS 15.
Understand the latest regulations from an illustrative set of financial statements for a fictitious listed company.
This guide helps to navigate the complexity and show entities how to achieve hedge accounting in a wide range of situations, with worked examples and tips
Get the latest on Amendments to IFRS 9 and IFRS IC decision on interest and penalties related to income taxes.
The IASB has issued a narrow-scope amendment to IFRS 9 to enable companies to measure at amortised cost some prepayable financial assets with negative compensation. The assets affected, that include some loans and debt securities, would otherwise have been measured at fair value through profit or loss (FVTPL).
Many banks are about to plunge into the world of IFRS 9 reporting with application in interim financial statements in 2018. Some banks also plan to issue a separate transition document on key impacts of IFRS 9 at and beyond adoption. These interim reports and transition documents will be the focus of attention from investors, regulators and other key stakeholders. There’s no prescription for how to present this information so we’ve developed this publication help banks navigate that transition.
Get the inside scoop on the Interpretations Committee and all the latest on IFRS 15, IFRS 16 and IFRS 9.
Inform is our online resource for finance professionals worldwide. It covers financial reporting under IFRS, US GAAP and national GAAP. An online tool, it allows you access to the latest financial reporting information wherever you are, 24 hours a day, seven days a week.
Listen to our podcast series on IFRS. Our specialists give you a succinct overview of today's most relevant IFRS topics. 20 minutes, twice a month keeps you up to date on IFRS.
What factors should corporate consider when decide whether to adopt its new hedge accounting requirements along with the rest of IFRS 9, or keep their hedge accounting under IAS 39?
At PwC, our role is to provide confidence to decision-makers. For users of financial statements, they depend on the audit. As we evolve, what does the future hold for them and for us?
Companies and other decision-makers use information to navigate through a complex world of risks and opportunities, amid technological advances that are unprecedented in their speed and impact. The world of information and trust is being revolutionised. What do companies and stakeholders need to consider to secure their place in tomorrow’s world?
PwC’s market share of listed companies in mainland China
PwC’s market share of listed companies in Hong Kong
PwC is proud to have extensive experience in successfully helping restructure and listing of various enterprises.
PwC’s mainland China and Hong Kong clients listed in the United States
Companies can choose whether to adopt IFRS 9 hedge accounting with the rest of IFRS 9 or continue under IAS 39. If you go there will be trouble but if you stay there might be double! This blog explains what difference it would make for a corporate and the relative merits of staying or going.
Hong Kong’s IPO market remained active in the first half of 2017, achieving increases in both number of listings and funds raised. Watch Eddie Wong, Capital Markets Services Partner and Benson Wong, Entrepreneur Group Leader of PwC Hong Kong share their views on the Hong Kong IPO market.
Marie Claire Tabone, Investor Engagement manager discusses investor expectations on new IFRS implementation and more.
Revenue is important to preparers and users of financial statements. IFRS 15 shifts the focus of revenue recognition to a control model and has a single set of principles for revenue from both goods and services transactions. Our revenue specialists share their insights to help companies identify the changes that are necessary and prepare for implementation.
This article explores the use of a provision matrix, one of the practical expedients allowed by IFRS 9 for calculating expected credit losses on trade receivables.
What are the major changes of the financial statements under the new standards? In what areas does it require for special attention? What are the most challenging issues in IFRS 9 disclosure?
Let's take a look at the first year experience of implementing the new reporting standards in Hong Kong and explore ways to maintain the momentum for continuous enhancement of audit reports.
The Board has confirmed the accounting treatment under IFRS 9 for modifications of financial liabilities carried at amortised cost. A gain or loss should be recognised in profit or loss for modifications of such financial liabilities that do not result in derecognition.
For the six months ended 30 June 2017
Updates on IFRIC 23 regarding putting some certainty into uncertain tax positions, IFRS 15 series article talks about accounting for licences, the demystifying IFRS 9 for Corporates series focus on financial liabilities, factoring and business models, lease lab introduces changes in disclosure requirements, Cannon Street Press and practical implications of IFRIC rejections related to IAS 37
IFRS 9 does not change much of today’s accounting but there is still a few areas to look out for.
Business model might affect the classification and measurement of financial assets. Factoring of receivables may impact the business model assessment and result in measuring at fair value.
Detailed analysis of all aspects of IFRS 17.
Updates on IFRS 17 which was finally issued after 20 years. The IFRS 15 series article talks about warranties while Lease lab introduces IFRS 16’s impact on lessor accounting. Also includes update from Cannon Street on IFRIC interpretation ratification, amendments to IAS 28, and goodwill and impairment research project. NIFRICS by numbers for this month talks about practical implications of IFRIC rejections related to IAS 36 ‘Impairment of assets’.
Many large insurance groups have carried out financial and operational impact assessments based on the IASB’s 2013 Exposure Draft (ED). This document outlines key differences between the 2013 IASB ED and the final version of the standard.
We summarise the key provisions and likely impact of the new standard.
Updates on solving the mystery of carve-outs financial statements, accounting for variable consideration under IFRS 15, proposed tweak to IFRS 8, demystifying IFRS 9 for corporates regarding intra-group loan, lease lab introduces lease term, Cannon Street press and practical implications of IFRIC rejections related to IAS 34 'Interim financial reporting'
This guide summarises these new amendments and IFRIC plus those standards and amendments issued previously that are effective from 1 January 2017.
Impact of IFRS 9 on intra-group loans in the separate financial statements could be significant.
Demystifying IFRS 9 for corporates and accounting as principal or as agent under IFRS 15, updates from Cannon Street on primary financial statement, conceptual framework for financial reporting and FICE. NIFRICS by numbers talks about practical implications of IFRIC rejections related to IAS 32 ‘financial instruments
Do you understand what Expected credit loss (ECL) means and how to calculate it? This article explains the 12-month ECLs, the length of a lifetime and how credit enhancements are considered in the calculation of ECL.
Is it true that IFRS 9 has no significant impact on Corporates?
Navigating the maze of IFRS 15 transition, the twilight zone — definition of a business and bundled sales under IFRS 15, demystifying IFRS 9 series article explains ECL models, Cannon Street on IFRS 9 modification, insurance and FICE, leases lab introduces transition and practical implications of IFRIC rejections related to IAS 29 'Financial reporting in hyper-inflationary economies'
Is Expected credit loss model simple in practice?
Is capital the only number investors are interested in? It shouldn't be. Sandra explains the importance of IFRS 9.
Hong Kong led the world in terms of amount of funds raised by IPOs in 2016.
Have treasurers missed their opportunity to obtain cheap funds?