Page 119 - 地產代理監管局年報 2017/18 Estate Agents Authority Annual Report 2017/18

ৌਕజڌ Financial Statements

2. Ꮠ͜อࠈʿ຾ࡌࠈʘ࠰ಥৌਕ 2. Application of New and Amendments
జѓ๟ۆ€˜࠰ಥৌਕజѓ๟ۆ™ to Hong Kong Financial Reporting
€ᚃ Standards (¨HKFRSs©) (Continued)

ʊ཯бШ֠͊͛ࣖʘ࠰ಥৌਕజѓ๟ New and revised HKFRSs in issue but not
ۆอࠈʿࡌࠈ͉ €ᚃ yet effective (Continued)
࠰ಥৌਕజѓ๟ۆୋ15໮܄˒Υߒϗू HKFRS 15 Revenue from Contracts with
Customers
ʊ཯бٙ࠰ಥৌਕజѓ๟ۆୋ15໮Փ֛dఊ HKFRS 15 was issued which establishes a single
ɓΌࠦᅼόԶྼ᜗ਗ਼܄˒Υߒପ͛ٙϗूɝ comprehensive model for entities to use in accounting for
ሪf࠰ಥৌਕజѓ๟ۆୋ15໮͛ࣖܝdਗ਼՟ revenue arising from contracts with customers. HKFRS 15 will
˾ତࣛضٙ͜ϗɝᆽႩܸˏdܼ̍࠰ಥึࠇ๟ supersede the current revenue recognition guidance including
ۆୋ18໮ϗɝe࠰ಥึࠇ๟ۆୋ11໮ܔிΥ HKAS 18 Revenue, HKAS 11 Construction Contracts and the
ߒʿ޴ᗫ༕ᙑf related interpretations when it becomes effective.

࠰ಥৌਕజѓ๟ۆୋ15໮ٙࣨːࡡۆމྼ᜗ The core principle of HKFRS 15 is that an entity should
׵ᆽႩ౜ࠑΣ܄˒ᔷᜫוፕ஬ۜא؂ਕϗɝ recognise revenue to depict the transfer of promised goods or
ࣛdږᕘᏐঐˀ݈༈ྼ᜗ཫಂఱʹ౬༈ഃ஬ۜ services to customers in an amount that reflects the
א؂ਕϞᛆᐏ੻ٙ˾ᄆfՈ᜗ϾԊd༈๟ۆˏ consideration to which the entity expects to be entitled in
ɝᆽႩϗɝٙʞࡈӉ᜷j exchange for those goods or services. Specifically, the
standard introduces a 5-step approach to revenue
recognition:

t ୋ1Ӊjᗆйၾ܄˒ࠈͭٙΥߒ t 4UFQ *EFOUJGZ UIF DPOUSBDU T XJUI B DVTUPNFS

t ୋ2ӉjᗆйΥߒʕٙᄵߒப΂ t 4UFQ *EFOUJGZ UIF QFSGPSNBODF PCMJHBUJPOT JO UIF
contract

t ୋ3Ӊjᔾ֛ʹ׸ᄆ t 4UFQ %FUFSNJOF UIF USBOTBDUJPO QSJDF

t ୋ4Ӊjਗ਼ʹ׸ᄆʱৣЇΥߒʕٙᄵߒ t 4UFQ "MMPDBUF UIF USBOTBDUJPO QSJDF UP UIF QFSGPSNBODF
ப΂ obligations in the contract

t ୋ5Ӊj׵ྼ᜗ҁϓᄵߒப΂ࣛ€אఱϤ t 4UFQ 3FDPHOJTF SFWFOVF XIFO PS BT UIF FOUJUZ TBUJTGJFT
ᆽႩϗɝ a performance obligation

࣬ኽ࠰ಥৌਕజѓ๟ۆୋ15໮dྼ᜗׵ҁϓ Under HKFRS 15, an entity recognises revenue when (or as) a
ᄵߒப΂ࣛ€уत֛ᄵߒப΂޴ᗫ஬ۜא؂ਕ performance obligation is satisfied, i.e. when ‘control’ of the
ٙ˜છՓᛆ™ᔷᜫʚ܄˒ࣛᆽႩϗूf࠰ಥৌ goods or services underlying the particular performance
ਕజѓ๟ۆୋ15໮ʊ̋ɝஈଣतйઋرٙһ obligation is transferred to the customer. Far more prescriptive
׼ᆽܸˏfϤ̮d࠰ಥৌਕజѓ๟ۆୋ15໮ guidance has been added in HKFRS 15 to deal with specific
஝֛Ъ̈һ༉းמᚣf scenarios. Furthermore, extensive disclosures are required by
HKFRS 15.

ήପ˾ଣ္၍҅ t 2017 / 18 ϋజ 117