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