Valtech’s Insight: Elevating Valuation Quality by Digging into AFRC Report
Valtech tackles audit failures in complex valuations under AFRC scrutiny, advocating robust evidence to meet Hong Kong regulatory standards.
LSP Valuation – Long Service Payments valuation under the New Legislations for Hong Kong Companies
Valtech Valuation Assists Hong Kong Companies in Long Service Payments (LSP) Valuation under the New Legislations to abolish offsetting against MPF contribution
Valtech Valuation Calculator for Long Service Payment (LSP) and Severance Payment (SP)
Valtech Valuation has updated and enhanced their LSP valuation model based on Projected Unit Credit Method, making reference to the HKICPA issued comprehensive guidance for the accounting for the impact arising from the abolition of the Mandatory Provident Fund (MPF)-Long Service Payment (LSP) offsetting mechanism (the "Abolition") on entities in Hong Kong. Past service cost should be recorded in the year of enactment of the Amendment Ordinance.
Common Problems and Deficiency in Expected Credit Loss Evaluation (ECL) ASC 326 IFRS 9
One common error in expected credit loss (ECL) evaluation is the failure to adequately consider forward-looking information. ECL estimation requires assessing not only historical data but also future expectations and economic conditions. Failing to incorporate forward-looking information can lead to an underestimation or overestimation of credit losses.
Valtech Valuation Completes Valuation on Financial Guarantee Contracts
Valtech’s valuation team has recently completed series of fair value assessment on financial guarantees contracts guaranteed by the subsidiaries of a large-cap PRC energy company. In this valuation, we have exercised due care in analyzing the cash flows of the underlying clean energy projects in order to determine their likelihood of delay / default