HKSI Institute AR2019

NOTES TO THE FINANCIAL STATEMENTS 財務報表附註 (Expressed in Hong Kong dollars unless otherwise indicated) （除非另有註明，否則均以港幣列示） 100 Hong Kong Securities and Investment Institute Annual Report 2019 3 Changes in accounting policies (Continued) (b) Impairment of financial assets HKFRS 9 replaces the “incurred loss” model in HKAS 39 with the “expected credit loss” (“ECL”) model. The ECL model requires an ongoing measurement of credit risk associated with a financial asset and therefore recognises ECL earlier than under the “incurred loss” accounting model under HKAS 39. The Group assessed that there is no material impact to the classification of the Group’s financial assets and financial liabilities and impairment of financial assets. (ii) HKFRS 15, Revenue from contracts with customers HKFRS 15 establishes a comprehensive framework for recognising revenue and some costs from contracts with customers. HKFRS 15 replaces HKAS 18, Revenue, which covered revenue arising from sale of goods and rendering of services, and HKAS 11, Construction contracts, which specified the accounting for construction contracts. HKFRS 15 also introduces additional qualitative and quantitative disclosure requirements which aim to enable users of the financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The adoption of this standard does not have a material impact on the Group. 3 會計政策的修訂 （續） (b) 金融資產的減值 《香港財務報告準則》第 9 號 以「預期信貸虧損」模型取代 了《香港會計準則》第 39 號 中的「已發生損失」模型。 ECL 模型要求對與金融資產 相關的信用風險進行持續的 計量，因此信用損失會早於 按《香港會計準則》第 39 號 「已發生損失」模型確認。 本集團經評估認為上述模型未對 本集團金融資產和金融負債的分 類，以及金融資產的減值造成任 何重大影響。 (ii) 《香港財務報告準則》第 15 號「源自 客戶合約的收入」 《香港財務報告準則》第 15 號建 立了一個全面的框架，用於識別 與客戶簽訂合約的收入和部分成 本。《香港財務報告準則》第 15 號 取代《香港會計準則》第 18 號「收 益」（涵蓋了因銷售貨品及提供服 務而產生的收入）和《香港會計準 則》第 11 號「建造合約」（規定了建 造合約的會計處理）。 《香港財務報告準則》第 15 號同時 引入了額外的定性和定量披露要 求。該等批露要求旨在使財務報 表使用者能夠瞭解客戶合約收入 及現金流量的性質、金額、時間 點和客戶合約產生的收入及現金 流量的不確定性。 《國際財務報告準則第 15 號》的採 用未對本集團產生重大影響。