Seminar - Implementation and Valuation in relation to HKFRS 16 Leases

09:00 Thursday 14 November

27/F Club Lusitano, 16 Ice House Street, Central, Hong Kong

A new era of lease accounting has begun with the new model introduced by HKFRS 16 Leases.
In our last seminar, we have briefly introduced the key requirements of HKFRS 16 Leases. We understand the significance that this new standard could bring to your business. To follow up, we would like to invite you to join us and further explore the complex accounting issues and valuation of HKFRS 16.

A new era of lease accounting has begun with the new model introduced by HKFRS 16 Leases.
In our last seminar, we have briefly introduced the key requirements of HKFRS 16 Leases. We understand the significance that this new standard could bring to your business. To follow up, we would like to invite you to join us and further explore the complex accounting issues and valuation of HKFRS 16.

HKFRS 16 Leases valuation
The new HKFRS16 requires lease payments to be discounted using the interest rate implicit in the lease (lessors and lessees) or the incremental borrowing rate (lessees only). What these rates refer to, their conceptual differences, and how they are derived would be discussed. A build-up model of the incremental borrowing rate starting from different reference rates such as the company's general borrowing rate, property yield would be presented. Our Director of Transaction & Valuation Kenneth Ma will also provide a high-level summary of the impact of the present values of lease payments on the financial statements would also be covered. ​

HKFRS 16 Leases implementation
Following up the last session on HKFRS 16 Leases key requirements, our Consultant Candy Fong will continue to guide participants on implementing the new requirements.

If you would like to attend this seminar, please click here for registration. For queries, you may contact Ms. Manda Fung at +852 2738 7789 or  mandafung@moore.hk

 
Details of the seminar
Date: 14 Nov 2019, Thursday
Time: 9:00am – 9:30am (Registration)
  9:30am – 12:30pm (Seminar session)
Venue: 27/F Club Lusitano
Ice House Street, Central, Hong Kong
Language: Cantonese (supplemented with English materials)
CPD unit: 3 hours
RSVP: click here
  (Confirmation will be sent one week prior to the seminar)

About the speakers
Kenneth Ma, Director of Transaction & Valuation

Kenneth Ma heads up Moore Hong Kong Corporate Finance & Valuation team. 

Kenneth helps our clients reflect the true values of their businesses and assets, and advise them throughout the negotiation processes with investors.

Kenneth has over 10 years’ experience in providing valuation and corporate finance services in Hong Kong, mainland China, and Asia Pacific region.
Candy Fong, Technical Consultant
 
Candy Fong has about 18 years of experiences in applying HKFRSs or IFRSs. She was a technical and audit partner of a Big 4 accounting firm before September 2016.
 
Candy has substantial experience in overseeing projects for implementation and application of International Financial Reporting Standards or Hong Kong Financial Reporting Standards for large conglomerates and multinational corporations.
 
Candy is a member of the Financial Reporting Standards Committee of the Hong Kong Institute of Certified Public Accountants. She is also a panel member of a number of accounting projects of the Institute.

 

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