Jan 27, 2023 · HK Interpretation 5 (Revised) - Presentation of Financial Statements – Classification by the Borrower of a Term Loan that Contains a Repayment on Demand Clause (HK Int 5) in October 2020 and December 2022 and revised Questions & Answers for HK Int 5 in December 2022. The HKICPA concluded that ... Hong Kong Interpretation 5 (revised) Presentation of Financial Statements — Classification by the Borrower of a Term Loan that 1Contains a Repayment on Demand Clause Amendments to HKAS 1 Classification of Liabilities as Current or Non-current (the “2020 Amendments”)1 Amendments to HKAS 1 Non-current Liabilities with Covenants ... Hong Kong Interpretation 5 (2020) Presentation of Financial Statements Classification by the Borrower of a Term Loan that Contains a Repayment on Demand Clause 1 January 2023 HKFRS 10 and HKAS 28 (Amendments) Sale or Contribution of Assets between an Investor and its Associate or Joint Venture To be determined ... ">
COMMENTS
These Q&As were originally published in November 2010 on issuance of HK Interpretation 5 and subsequently updated in November 2020 as a consequence of HK Interpretation 5 (Revised) issued in October 2020. Summary of HK Interpretation 5 (Revised) Presentation of Financial Statements – Classification by the Borrower of a Term Loan that Contains ...
HK Int 5 (Revised) has been updated to incorporate the references to the 2020 and 2022 Amendments, but its conclusions are not impacted by these amendments. HK Int 5 (Revised) should be applied together with b oth the 2020 and 2022 amendments which are effective for annual reporting periods beginning on or after 1 January 2024, with early adoption permitted.
HK Interpretation 5 (Revised) Presentation of Financial Statements – Classification by the Borrower of a Term Loan that Contains a Repayment on Demand Clause (HK-Int 5 (Revised)) is set out in paragraphs 1-18. The scope and authority of Interpretations are set out in the Preface to Hong Kong Financial Reporting Standards.
These Q&As were originally published in November 2010 on issuance of HK Interpretation 5 and subsequently updated in November 2020 as a consequence of HK Interpretation 5 (Revised) issued in October 2020. Summary of HK Interpretation 5 (Revised) Presentation of Financial Statements – Classification by the Borrower of a Term Loan that Contains ...
4 As consequence of the 2020 Amendments and 2022 Amendments, Hong Kong Interpretation 5 Presentation of Financial Statements – Classification by the Borrower of a Term Loan that Contains a Repayment on Demand Clause was revised to align the corresponding wording with no change in conclusion 2. REVENUE AND SEGMENT INFORMATION
HK Int 5 (Revised) Hong Kong Interpretation 5 (Revised) Presentation of Financial Statements – Classification by the Borrower of a Term Loan that Contains a Repayment on Demand Clause (HK Int 5 (Revised)) Update No. 248 and Update No. 283 HK Int 5 (Revised) has incorporated the references to Amendments to HKAS 1 Classification of Liabilities as
At the same time, the Institute also updated Hong Kong Interpretation 5 (Revised) Presentation of Financial Statements – Classification by the Borrower of a Term Loan that Contains a Repayment on Demand Clause (HK Int 5) to incorporate the references to the 2020 and 2022 Amendments. The conclusions in HK Int 5 are not impacted by these ...
Jan 27, 2023 · HK Interpretation 5 (Revised) - Presentation of Financial Statements – Classification by the Borrower of a Term Loan that Contains a Repayment on Demand Clause (HK Int 5) in October 2020 and December 2022 and revised Questions & Answers for HK Int 5 in December 2022. The HKICPA concluded that
Hong Kong Interpretation 5 (revised) Presentation of Financial Statements — Classification by the Borrower of a Term Loan that 1Contains a Repayment on Demand Clause Amendments to HKAS 1 Classification of Liabilities as Current or Non-current (the “2020 Amendments”)1 Amendments to HKAS 1 Non-current Liabilities with Covenants
Hong Kong Interpretation 5 (2020) Presentation of Financial Statements Classification by the Borrower of a Term Loan that Contains a Repayment on Demand Clause 1 January 2023 HKFRS 10 and HKAS 28 (Amendments) Sale or Contribution of Assets between an Investor and its Associate or Joint Venture To be determined