HKSI Institute AR2019

89 香港證券及投資學會 二零一九年年報 2 Significant accounting policies (Continued) (e) Revenue recognition Revenue i s measu r ed a t t he f a i r va l ue o f t he consideration received or receivable. Provided it is probable that the economic benefits will flow to the Group and the revenue and costs, if applicable, can be measured reliably. Revenue is recognised in profit or loss when the control over a product or service is transferred to the customer at the amount of promised consideration to which the Group is expected to be entitled, excluding those comments collected on behalf of third parties. Further details of revenue recognition are set as below: – Subscriptions from members represent entrance fees from new members and annual fees from existing members. Entrance fees from new members are recognised as income when the applicant has been approved as a member of the Institute by the Membership Committee and the fees have been received. Annual fees from existing members are recognised as income by the Institute over the period to which they relate. The unrecognised portion of annual fees is recorded as deferred income in the statement of financial position. – Income from member events, professional d e v e l o p m e n t s e m i n a r s , c o u r s e s a n d examinations is recognised when the related event, seminar, course or examination has been held. – Interest income is recognised as it accrues using the effective interest method. – Sales of study materials is recognised when study materials are sold to customers which is taken to be the point in time when the customer has accepted the study materials and the related risk and rewards of ownership. 2 主要會計政策 （續） (e) 收入確認 收入是按已收或應收價款的公允 價值計量。如果經濟效益可能會 流入本集團，而收入和成本（如適 用）又能夠可靠地計量時，本集團 便會確認一項收入。收入於一項 商品或服務的控制權轉移至客戶 時按本集團預計有權收取的承諾 對價金額在損益中確認，但代表 第三方收取的款項除外。收入確 認詳情載列如下： – 會費指新會員的入會費和現 有會員的年費。新會員的入 會費是在申請人獲會員資格 審查委員會核准成為本會會 員並在收取有關費用時確認 為收入。本會在相關期間內 將現有會員支付的年費確認 為收入。年費中的未確認部 分在財務狀況表為記為遞延 收入。 – 會員活動、專業發展研討 會、課程及考試收入在相關 活動、研討會、課程或考試 舉行後確認。 – 利息收入是在產生時按實際 利息法確認。 – 收入在研習材料已售予客 戶，相當於客戶已接收研習 材料以及其所有權的相關風 險與報酬的那一刻確認。