HKSI Institute AR2020

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） 94 Hong Kong Securities and Investment Institute Annual Report 2020 3 Changes in accounting policies The HKICPA has issued a new HKFRS, HKFRS 16, Leases, and a number of amendments to HKFRSs that are first effective for the current accounting period of the Group. Except for HKFRS 16, Leases, none of the developments have had a material effect on how the Group’s results and financial position for the current or prior periods have been prepared or presented. The Group has not applied any new standard or interpretation that is not yet effective for the current accounting period. HKFRS 16, Leases HKFRS 16 replaces HKAS 17, Leases, and the related interpretations, HK(IFRIC) 4, Determining whether an arrangement contains a lease, HK(SIC) 15, Operating leases – incentives, and HK(SIC) 27, Evaluating the substance of transactions involving the legal form of a lease. It introduces a single accounting model for lessees, which requires a lessee to recognise a right-of-use asset and a lease liability for all leases, except for leases that have a lease term of 12 months or less (“short-term leases”) and leases of low-value assets. The lessor accounting requirements are brought forward from HKAS 17 substantially unchanged. HKFRS 16 also introduces additional qualitative and quantitative disclosure requirements which aim to enable users of the financial statements to assess the effect that leases have on the financial position, financial performance and cash flows of an entity. The Group has initially applied HKFRS 16 as from 1 April 2019. The Group has elected to use the modified retrospective approach and has therefore recognised the cumulative effect of initial application as an adjustment to the opening balance of equity at 1 April 2019. Comparative information has not been restated and continues to be reported under HKAS 17. 3 會計政策的修訂 香港會計師公會已頒布新訂的《香港財務 報告準則》第 16 號「租賃」及若干修訂。 該項準則及有關修訂在本集團的本會計 期間首次生效。 除了《香港財務報告準則》第 16 號「租賃」 外，並無其他變動對本集團於本期間或 以往期間的業績及財務狀況的編製或呈 報方式造成重大影響。本集團並無採用 任何於本會計期間尚未生效的新訂準則 或詮釋。 《香港財務報告準則》第 16 號「租賃」 《香港財務報告準則》第 16 號「租賃」取代 了《香港會計準則》第 17 號「租賃」及相關 詮釋，包括香港（國際財務報告解釋委員 會）解釋公告第 4 號「釐定一項安排是否 包含租賃」、香港（常設解釋委員會）解釋 公告第 15 號「經營租賃：激勵措施」、香 港（常設解釋委員會）第 27 號「評估以法 律形式體現的租賃交易的實質」。新準則 為承租人引入了單一的會計模型，要求 承租人就所有租賃確認使用權資產和租 賃負債，惟租賃期為 12 個月或更短的租 賃（「短期租賃」）以及低價值資產租賃除 外。出租人的會計處理繼續沿用《香港會 計準則》第 17 號的規定，相關要求基本 維持不變。 《香港財務報告準則》第 16 號亦增加了定 性和定量披露要求，旨在使財務報表使 用者能夠評估租賃對實體的財務狀況、 財務表現和現金流的影響。 本集團已於二零一九年四月一日初始採 用《香港財務報告準則》第 16 號。本集團 已選擇採用經修訂的追溯法，因此已將 初始應用的累計影響確認為對二零一九 年四月一日權益期初結餘的調整。比較 資料未經重述，並繼續按照《香港會計準 則》第 17 號報告。