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Professional Level – Financial Reporting
8 sections available · 36 chapters available
Free Professional Level – Financial Reporting study notes for HKICPA QP (Hong Kong CPA) students. Each chapter covers a key topic with examples and practice prompts you can continue inside the thinka app.
Financial reporting framework in Hong Kong
Financial reporting framework in Hong Kong
Implications of the framework for business activities
Accounting for business transactions (I)
Government grants
Employee benefits
Share-based payments
Borrowing costs
Financial assets, financial liabilities and equity instruments
Hedge accounting
Income taxes
Accounting for business transactions (II)
Effects of changes in foreign exchange rates
Related party disclosures
Fair value measurement
Earnings per share
Operating segments
Interim financial reporting
Complex business transactions: evaluate and advise (I)
Accounting policies, changes in accounting estimates and errors
Revenue
Inventories
Property, plant and equipment
Intangible assets
Investment property
Complex business transactions: evaluate and advise (II)
Impairment of assets
Leases
Events after the reporting period
Provisions, contingent liabilities and contingent assets
Non-current assets held for sale and discontinued operations
Individual entity and group financial statements
Financial statements for an individual entity under HKFRS and statutory requirements
Business combination
Investments in associates
Joint arrangements
Merger accounting for common control combinations
Sustainability connected disclosures
Current issues and developments in financial reporting
Current issues and developments in financial reporting internationally
Current issues and developments in financial reporting in Hong Kong
Ethics for professional accountants in business
Code of Ethics for Professional Accountants
Adopting ethical stances for professional accountants in business
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