HKFRS 16. Hong Kong Financial Reporting Standard 16 “Leases” which include standards and interpretations promulgated by the Hong Kong Institute of Certified Public Accountants;
HKFRS 16 the Hong Kong Financial Reporting Standard 16 issued by the Hong Kong Institute of Certified Public Accountants, which sets out the principles for the recognition, measurement, presentation and disclosure of leases “HK$” Hong Kong dollars, the lawful currency of Hong Kong
HKFRS 16. Hong Kong Financial Reporting Standard 16 “Leases”, effective on 1 January 2019
Examples of HKFRS 16 in a sentence
Pursuant to HKFRS 16, the entering into of the Tenancy Agreement will require the Group to recognise the fixed portion of the rent for the Premises as the right-of-use assets with a cost of approximately HK$2.7 million at initial recognition and a corresponding lease liability which represents the present value of the future lease payments.
More Definitions of HKFRS 16
HKFRS 16. Hong Kong Financial Reporting Standard 16
HKFRS 16. Hong Kong Financial Reporting Standard 16 “HKS” HKS International Limited, a company incorporated in the British Virgin Islands with limited liability
HKFRS 16. Hong Kong Financial Reporting Standard 16 “Independent Third Party(ies)” person(s) who is (are) to the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, third party(ies) independent of the Company and connected persons of the Company “Lease Agreement” the lease agreement dated 30 September 2020 entered into between Partytime Xxxx Xxxxxxx and Xxxx Xxxxx Town in relation to the Premises
HKFRS 16. The Hong Kong Financial Reporting Standard 16 “Leases” issued by the Hong Kong Institute of Certified Public Accountants “Incorporated Owners” the incorporated owners of the building of which the 42F Property and the 49F Property form part from time to time