Online Seminar: Reminders for preparation of financial statements under the current economic environment
The Hong Kong Business Accountants Association (HKBAA) will hold an online seminar on 23 February 2021 (Tuesday) on the topic “Reminders for preparation of financial statements under the current economic environment”, details of which are as follows:
February 23 2021, Tuesday
7:00 pm - 8:00 pm (*CPD: 1 hour)
*Remarks: require to login and join the whole seminar
Free for HKBAA members
Regardless of industry, financial condition, workforce composition, changing customer preferences, etc., all entities face numerous financial reporting and accounting challenges related to COVID-19, albeit the nature and degree of those challenges will vary.
In this seminar, we discuss some of these challenges and also set out other financial reporting issues that may be relevant for years ending on or after 31 December 2020 as a result of regulatory focus, the current economic environment or changes in accounting standards. The seminar will cover the following:
- Goging concern
- Expected credit loss
- Impairment of non-financial assets
- Amendment to HKFRS 16 on COVID-19 related rent concessions
Mr. Ernest Lee, Technical Partner, Deloitte China
Mr. Ernest Lee is a Technical Partner of Deloitte China. He has extensive experience in auditing and providing technical advice on accounting and auditing related matters in a wide range of industries in the Asia Pacific area. Ernest is actively involved in financial reporting standard-setting activities and is the Chairman of the Financial Reporting Standards Committee of the Hong Kong Institute of Certified Public Accountants (the "HKICPA"). He is also a member of various Advisory Panels of the HKICPA on financial reporting subject matters.
Ernest is a frequent speaker on financial reporting matters. For a number of years, Ernest served as a technical reviewer of the HKICPA’s Professional Standards Monitoring Panel and a technical reviewer for the Risk-Based Financial Statements Review Programme of the Financial Reporting Council (the "FRC"). Ernest is a member of the Financial Reporting Review Panel of the FRC. He is also a Vice-President of the Hong Kong Institute of Chartered Secretaries (“HKICS”) and serves as the Chairman of the HKICS’s Audit Committee.
He is an Advisor to the Master of Accounting programme of Cambridge Judge Business School, University of Cambridge.
Deadline： February 19 2021, Friday
Tel: 3792 0952/ 3792 0951 (HKBAA Secretariat)
Tel: 2593 2389/ 9192 3166 (Ms. Gogo Ko, Vice President and Convenor of Professional Development Committee)
Hong Kong Business Accountants Association
Professional Development Committee