ECL Assessment – More Attention is Required
The importance of proper ECL estimation should not be underestimated.
HKFRS/IFRS 16 – Lease – Impact on Valuation and Discounted Cash Flow
Lessees no longer make a distinction between finance leases and operating leases. All material leases will be treated as finance leases. The lessees will now recognize interest cost and depreciation of the leased asset, rather than operating lease expenses.
Valtech’s Top IFRS Valuation Agenda in 2020
2020 Top Agenda of Finance Controllers on IFRS Valuation and Tax Reporting and our Innovation for Easier IFRS 9 applications
Goodwill: potential directions of development
The staff of Hong Kong Institute of CPAs and the staff of Accounting Standards Board of Japan (ASBJ) published a research paper (RP), Goodwill: Improvements to Subsequent Accounting and an Update of the Quantitative Study in March 2020. We would like to highlight some interesting findings from the paper: A steady increase in
Expected Credit Loss Assessment
Many companies still struggle in how to fulfill the requirement to consider forward looking information in the expected credit loss adjustment. Let’s recall the standard’s requirement on this matter.