This workshop will provide you the current regulations for group companies in preparing consolidated financial statements and provide an update on The Companies (Amendment) (No. 2) Ordinance 2018 (2018 Amendment Ordinance) regarding the exemption application for preparing consolidated financial statements. It also helps to avoid the financial burden and time for preparing consolidated financial statements.
Key topics covered:
- Reporting requirement for consolidation under
- HKFRS 10
- Companies Ordinance
- SME-FRF & SME-FRS
- Exemption from requirement to prepare consolidated financial statements
- Basis for a subsidiary being excluded from consolidation
Trainer profile:
Kamsuo Wong MA, LLM, MBA, FCPA(Aust.)
With three Master degrees under his belt, Kamsuo Wong, a candidate for a Doctorate degree of Education, is highly regarded as a multi-faceted academic backed by over fifteen years of extensive professional experience in accounting. He is a professional accountant in Hong Kong, United Kingdom and Australia and the member of Hong Kong Institute of Certified Public Accountants (CPA), Chartered Institute of Public Finance and Accountancy (CPFA), and CPA Australia (FCPA). He is also the Expert Council Advisor of International Financial Management Association. He is currently the Assistant Professor of Centennial College (an independent College established by University of Hong Kong), Adjunct Lecturer at a number of universities and tertiary education institutions.
