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Accounting - Hong Kong

Q Frequently Asked Questions for the Deduction for Mortgage Interests in Hong Kong

A The following are frequently asked questions for the deduction for mortgage interests in Hong Kong: Q： How can I get deduction of mortgage interest payments fr...
Q The mainly difference between CAS and IFRS

A Q: What is the fundamental difference between CAS and IFRS? A: The fundamental difference is principle. The IFRS is principle-based. The CAS is Rule-based. ...
Q Frequently ask question for accounting for property, plant, and equipment

A Q: When is the property, plant and equipment should be recognised as asset? A: Property, plant and equipment shall be recognised as asset when it is probable...
Q Introduction to Financial Instrument – Part 1

A Q: What is a financial instrument to a company? A: Basically, financial instrument is a monetary contract between parties that belongs to the company created...
Q Financial Reports and Financial reports elements

A Q: What are financial reports and what’s the purpose of financial reports? A: Financial reports are quantified report that record the financial situation of...
Q AUDIT and ACCOUNTING FRAMEWORK in HONG KONG and Personal who is interested in Financial Statements

A Q: How a Company incorporated under Hong Kong Company Ordinance Cap.622 prepare their Financial Statements A: A Company that had been incorporated under Cap....

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