香港会计准则和国际会计准则体系比较

as at 1January 20081TitleIASBequivalentDifferences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences FRAMEWORK Framework for the Preparation andPresentation of Financial StatementsIASBFrameworkN/AN/AMinor textual differences –no practical effect.as at 1January 20082HKFRS No.TitleIFRS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKFRS 1First-time Adoption of Hong Kong Financial Reporting StandardsIFRS 1NoNo,except para 47F specifies that paras 23and 27to 30of HKFRS 1(IFRS 1)are effective for AP beginning on or after 1January 2005(1January 2004).Minor textual differences –no practical effect.HKFRS 2Share-based Payment IFRS 2No NoNoHKFRS 3Business CombinationsIFRS 3NoExcept for limitedretrospective application as per para 85,HKFRS 3(IFRS 3)is effective for businesscombinations for which theagreement date is on or after 1January 2005(31March 2004).Noas at 1January 20083HKFRS No.TitleIFRS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKFRS 4Insurance Contracts IFRS 4No No No HKFRS 5Non-current Assets Held for Sale and Discontinued Operations IFRS 5No No No HKFRS 6Exploration for and Evaluation of Mineral Resources IFRS 6No No No HKFRS 7Financial Instruments:Disclosures IFRS 7No No No HKFRS 8Operating SegmentsIFRS 8NoNoNoas at 1January 20084HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 1Presentation of Financial Statements IAS 1NoNo*Minor textual differences –explanation of legalrequirements which do not give rise to differences.HKAS 1RevisedPresentation of Financial Statements IAS 1Revised No NoMinor textual differences –explanation of legalrequirements which do not give rise to differences.HKAS 2InventoriesIAS 2No No*NoHKAS 7Cash Flow StatementsIAS 7NoHKAS 7(IFRS 7)is effective for AP beginning on or after 1January 2005(1January 1994).No HKAS 8Accounting Policies,Changes in Accounting Estimates and ErrorsIAS 8NoNo*Minor textual differences –no practical effect.as at 1January 20085HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 10Events after the Balance Sheet Date IAS 10NoNo*Minor textual differences –explanation of legalrequirements which do not give rise to differences.HKAS 11Construction Contracts IAS 11NoHKAS 11*(IAS 11)is effective for AP beginning on or after 1January 2005(1January 1995).Noas at 1January 20086HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 12Income Taxes IAS 12NoHKAS 12*(IAS 12)is effective for AP beginning on or after 1January 2005(1January 1998with certain amendments effective for AP beginning on or after 1January 2001).The explanatory guidance and illustrative examples set out in the boxes within the body of HKAS 12contain material that is expanded on that in IAS 12and considered to be more user-friendly.HKAS 14Segment Reporting IAS 14NoHKAS 14*(IAS 14)is effective for AP beginning on or after 1January 2005(1July 1998).Noas at 1January 20087HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 16Property,Plant and Equipment IAS 16HKAS 16has the following additional transition provisions.1.Para 80Aexempting certain entities that carried their PPE atrevalued amounts before 30September 1995and have notrevalued since that date from making regular revaluation.2.Para 80B allowingthose not-for-profit entities that previously took advantage of the exemption under SSAP 17to deem the carrying amount of an item of PPE immediately before applying HKAS 16on its effective date (or earlier)as the cost of that item.No*Noas at 1January 20088HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 17Leases IAS 17No No*NoHKAS 18RevenueIAS 18NoHKAS 18*(IAS 18)is effective for AP beginning on or after 1January 2005(1January 1995).No HKAS 19Employee Benefits IAS 19HKAS 19has an additional paragraph 153A specifying that the transitionalprovisions set out in paragraphs 154to 156of HKAS 19apply only when an entity had not previously applied SSAP 34(May 2003).HKAS 19*(IAS 19)is effective for AP beginning on or after 1January 2005(1January 1999with certain amendments commencing later).Noas at 1January 20089HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 20Accounting for Government Grants and Disclosure of Government AssistanceIAS 20IAS 20has an additional transitional provision (para 40)allowing an entity adopting IAS 20for the first time to apply the accounting provisions of IAS 20only to grants or portions of grants becoming receivable or repayable after the effective date of IAS 20.HKAS 20*(IAS 20)is effective for AP beginning on or after 1January 2005(1January 1984).No HKAS 21The Effects of Changes in Foreign Exchange RatesIAS 21NoNo*Noas at 1January 200810HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 23Borrowing Costs IAS 23HKAS 23has an additional transitional provision (para 30)allowing entities that expense all borrowing costs to apply new policy prospectively.IAS 23has anadditional transitional provision (para 30)permitting entities that expensed borrowing costs to capitalize borrowing costs prospectively.HKAS 23*(IAS 23)is effective for AP beginning on or after 1January 2005(1January 1995).No HKAS 23Revised Borrowing CostsIAS 23Revised No No No HKAS 24Related Party Disclosures IAS 24No No*NoHKAS 26Accounting and Reporting by Retirement Benefit PlansIAS 26NoHKAS 26(IAS 26)is effective for AP beginning on or after 1January 2005(1January 1988).HKAS 26has an appendix giving guidance on preparing financial statements of MPF schemes and ORSOschemes in accordance with the standard.as at 1January 200811HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 27Consolidated and Separate Financial StatementsIAS 27NoNo*Minor textual differences –explanation of legalrequirements which do not give rise to differences.HKAS 28Investments in Associates IAS 28No No*NoHKAS 29Financial Reporting inHyperinflationary EconomiesIAS 29NoHKAS 29(IAS 29)is effective for AP beginning on or after 1January 2005(1January 1990).Noas at 1January 200812HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 31Interests in Joint VenturesIAS 31NoNo*No HKAS 32Financial Instruments:PresentationIAS 32HKAS 32has an additional transitional provision (para 97)allowing an entity not to present comparative information if such information is not available.No NoHKAS 33Earnings Per Share IAS 33No No*NoHKAS 34Interim Financial ReportingIAS 34NoHKAS 34*(IAS 34)is effective for AP beginning on or after 1January 2005(1January 1999).Noas at 1January 200813HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 36Impairment of Assets IAS 36HKAS 36(IAS 36)para 139specifies that an entity shall apply HKAS 36(IAS 36)(a)to goodwill and intangible assets acquired in businesscombinations for which theagreement date is on or after 1January 2005(31March 2004);and (b)to all other assetsprospectively from the beginning of the first annual period beginning on or after 1January 2005(31March 2004).HKAS 36(IAS 36)is effective for AP beginning on or after 1January 2005(31March2004).Noas at 1January 200814HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 37Provisions,Contingent Liabilities and Contingent AssetsIAS 37IAS 37has an additional transitional provision (para 93)allowing an entity not to adjust opening balance of retained earnings for the earliest period presented and to restate comparative information for the period in which IAS 37is first adopted.HKAS 37*(IAS 37)is effective for AP beginning on or after 1January 2005(1July 1999).HKAS 37contains additional Hong Kong examples 3A,8A,12and 13in Appendix C.No comparable examples are included in Appendix C to IAS 37–no practical effect.as at 1January 200815HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 38Intangible Assets IAS 38HKAS 38(IAS 38)para 130specifies that an entity shall apply HKAS 38(IAS 38):(a)to the accounting for intangible assets acquired in businesscombinations for which theagreement date is on or after 1January 2005(31March 2004);and (b)to the accounting for all otherintangible assets prospectively from thebeginning of the first annual period beginning on or after 1January 2005(31March 2004).HKAS 36(IAS 36)is effective for AP beginning on or after 1January 2005(31March2004).Noas at 1January 200816HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 39Financial Instruments:Recognition and MeasurementIAS 39HKAS 39does not permit retrospective application except in certain limited circumstances whereas IAS 39generally requires retrospective application.Accordingly,thetransitional provisions in HKAS 39aredifferent from those in IAS 39.For details,please refer to the Standards.No Noas at 1January 200817HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 40Investment Property IAS 40HKAS 40has the following additional transitional provisions:HKAS 40paras 80A on fair value model Para 80A of HKAS 40requires an entity that has previously applied SSAP 13(2000)for non-leaseholdinvestment properties and chooses to use the fair value model to reflect the effect of applying HKAS 40on its effective date (or earlier)as an adjustment to the opening balance of retained earnings for the period in which HKAS 40is first applied.No*Noas at 1January 200818HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences Para 80A alsoencourages the entity to adjust the comparativeinformation if the entity has previouslydisclosed publicly fair value of thoseproperties but requires the entity to disclose the fact if otherwise.HKAS 40paras 83A and 83B on cost model Paras 83A and 83B of HKAS 40allow an entity to take thecarrying amount of the investment property under SSAP 13(2000)as the deemed cost on the date that HKAS 40is first applied.Any adjustments,includingas at 1January 200819HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences the reclassification of any amount previously held in revaluation reserve,are to be made to the opening balance of retained earnings.Depreciation on deemed costcommences from the opening balance sheet date.HKAS 41Agriculture IAS 41NoHKAS 41*(IAS 41)is effective for AP beginning on or after 1January 2005(1January 2003).Noas at 1January 200820HK(IFRIC)-Int No.TitleIFRIC No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HK(IFRIC)-Int 1Changes in Existing Decommissioning,Restoration and Similar Liabilities IFRIC 1NoNoMinor textual differences –no practical effect.HK(IFRIC)-Int 2Members’Shares in Co-operativeEntities and Similar InstrumentsIFRIC 2No No No HK(IFRIC)-Int 4Determining whether an Arrangement contains a Lease IFRIC 4No No No HK(IFRIC)-Int 5Rights to Interests arising from Decommissioning,Restoration and Environmental Rehabilitation Funds IFRIC 5NoNoNoHK(IFRIC)-Int 6Liabilities arising from Participating in a Specific Market –Waste Electrical and Electronic EquipmentIFRIC 6No No Noas at 1January 200821HK(IFRIC)-Int No.TitleIFRIC No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HK(IFRIC)-Int 7Applying the Restatement Approach under HKAS 29Financial Reporting inHyperinflationary Economies IFRIC 7NoNoNoHK(IFRIC)-Int 8Scope of HKFRS 2IFRIC 8No No No HK(IFRIC)-Int 9Reassessment of Embedded Derivatives IFRIC 9No No No HK(IFRIC)-Int 10Interim Financial Reporting and Impairment IFRIC 10No No No HK(IFRIC)-Int 11HKFRS 2–Group and Treasury Share Transactions IFRIC 11No No No HK(IFRIC)-Int 12Service Concession ArrangementsIFRIC 12No No No HK(IFRIC)-Int 13Customer Loyalty ProgrammesIFRIC 13No No No HK(IFRIC)-Int 14HKAS 19—The Limit on a Defined Benefit Asset,Minimum Funding Requirements and their InteractionIFRIC 14NoNoNoas at 1January 200822HK(SIC)-Int No.TitleSIC No.Differences in Transitional Provisions Differences in Effective Dates Other Textual Differences HK(SIC)-Int 10Government Assistance –No Specific Relation to Operating ActivitiesSIC-10NoHKAS-Int 10*(SIC 10)is effective for AP beginning on or after 1January 2005(1August 1998).No HK(SIC)-Int 12Consolidation –Special PurposeEntitiesSIC-12NoHKAS-Int 12*(SIC 12)is effective for AP beginning on or after 1January 2005(1July 1999).No HK(SIC)-Int 13Jointly Controlled Entities –Non-Monetary Contributions by VenturersSIC-13NoHKAS-Int 13*(SIC 13)is effective for AP beginning on or after 1January 2005(1January 1999).Noas at 1January 200823HK(SIC)-Int No.TitleSIC No.Differences in Transitional Provisions Differences in Effective Dates Other Textual Differences HK(SIC)-Int 15Operating Leases –IncentivesSIC-15NoHKAS-Int 15*(SIC 15)is effective for AP beginning on or after 1January 2005(1January 1999).No HK(SIC)-Int 21Income Taxes –Recovery of Revalued Non-Depreciable AssetsSIC-21NoHKAS-Int 21*(SIC 21)is effective for AP beginning on or after 1January 2005(on 15July 2000).No HK(SIC)-Int 25Income Taxes –Changes in the TaxStatus of an Enterprise or its ShareholdersSIC-25NoHKAS-Int 25*(SIC 25)is effective for AP beginning on or after 1January 2005(on 15July 2000).Noas at 1January 200824HK(SIC)-Int No.TitleSIC No.Differences in Transitional Provisions Differences in Effective Dates Other Textual Differences HK(SIC)-Int 27Evaluating the Substance ofTransactions Involving the Legal Form of a LeaseSIC-27NoHKAS-Int 27*(SIC 27)is effective for AP beginning on or after 1January 2005(on 31December 2001).No HK(SIC)-Int 29Service Concession Arrangements:DisclosureSIC-29NoHKAS-Int 29*(SIC 29)is effective for AP beginning on or after 1January 2005(on 31December 2001).No HK(SIC)-Int 31Revenue –Barter TransactionsInvolving Advertising ServicesSIC-31NoHKAS-Int 31*(SIC 31)is effective for AP beginning on or after 1January 2005(on 31December 2001).Noas at 1January 200825HK(SIC)-Int No.TitleSIC No.Differences in Transitional Provisions Differences in Effective Dates Other Textual Differences HK(SIC)-Int 32Intangible Assets –Web Site CostsSIC-32NoHKAS-Int 32*(SIC 32)is effective for AP beginning on or after 1January 2005(on 25March 2002).Noas at 1January 200826HK-Int No.TitleInternational -Int No.Differences in TransitionalProvisionsDifferences in Effective DatesOther Textual Differences HK-Int 1The Appropriate Accounting Policiesfor Infrastructure FacilitiesNo equivalent interpretation under IFRS.N/AN/AN/AHK-Int 3Revenue –Pre-completion Contracts for the Sale of Development Properties No equivalent interpretation under IFRS.N/A N/A N/AHK-Int 4Leases –Determination of the Length of Lease Term in respect of Hong Kong Land Leases No equivalent interpretation under IFRS.N/A N/A N/ANotes*These Hong Kong pronouncements might have additional wording or paragraph(s)specifying that:(i)if an entity decides to early adopt a Standard,the entity is not required to apply all the Standards effective for the same date for that period;(ii)if an entity decides to early adopt a Standard,the entity is required to apply the relevant Interpretation for that period;(iii)early adoption is encouraged;or (iv)the previous version of the Standard is withdrawn.SIC-7Introduction of the Euro is not adopted in Hong KongThe paragraph numbers in HKFRSs generally correspond to the paragraph numbers in IFRSs.。