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| Sample Accounting and Auditing
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Sample Financial Statements 2007-08 (7 May 2008) A workshop was organised by The Society of Chinese Accountants and Auditors (SCAA) on 7 May 2008 with an aim at discussing and explaining the implication and implementation of new and amendments effective for 2007-08, including capital disclosure under HKAS 1, and disclosure of financial instruments and sensitivity analysis under HKFRS 7. A set of sample financial statements under HKFRSs for 2007-08 sample individual trading company was used for illustration and discussion. The workshop will have the following sample documents for discussion and sharing: |
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Sample Financial Statements 2006-07 and Sample Audit Documentation - Part 3 (5 July 2007) In order to comply with HKSQC 1, necessary updates on sample financial statements are required. The workshop aimed at sharing the relevant updates by using sample financial statements and, as a final part of our sample audit documentation series, illustrating the implication and implementation of HKSAs (auditing standards) in SMP's daily work by using sample audit program and sample documents. The workshop had the following sample documents for discussion and sharing: |
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Sample Audit Documentation - Part 2 (13 February 2007) After the workshop of 17 October 2006, a second workshop was organised with the aims (by using sample audit program and documentation) at discussing and explaining the implication and implementation of HKSAs (auditing standards) in SMP's daily work and discussing whether there are effective and efficient ways in meeting the requirements. Several sample documents, including sample audit program for various
selected cycles under SME-FRS, were distributed in the workshop and
then based in order to illustrate the requirements on consideration of internal control,
audit accounting estimates,
including fair value measurement and disclosure, related party
disclosures, review of subsequent events, and review of going concerns. |
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Sample Audit Documentation - Part 1 (17 October 2006) In addition to the introduction of new SME-FRF and HKFRSs, new SME-FRS and new practice review practice, the implementation of Hong Kong Standard on Quality Control (HKSQC) and Hong Kong Standards on Auditing (HKSAs) has also imposed new requirements on the daily work of all auditors in Hong Kong. A workshop was organised by The Society of Chinese Accountants and Auditors (SCAA) on 17 October 2006 with an aim at discussing and explaining the implication and implementation of HKSQC 1, HKSA 300, HKSA 315 and HKSA 330 in SMP’s daily work and discussing whether there are effective and efficient ways in meeting the new requirements. A set of sample documents in planning, managing and controlling an audit and a sample audit program for property, plant and equipment under SME-FRS were distributed to the participants to facilitate the discussion and illustration. |
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Sample Financial Statements (12 April 2006) The full implementation of Hong Kong Financial Reporting Standards (HKFRSs) has imposed a significant impact on small and medium sized entities (SME) and practitioners (SMP) while various new and lengthy presentation and disclosure requirements have been introduced in the HKFRSs. A workshop was organised by The Society of Chinese Accountants and Auditors (SCAA) on 12 April 2006 with an aim at discussing and explaining the presentation and disclosure requirements commonly encountered by the SME and SMP in their daily work. A set of sample financial statements of a sample manufacturing company was distributed to the participants to facilitate the discussion and illustration. |
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Last modified: 08 May 2008.
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please feel free to send an email to Nelson and Company at info@nelsoncpa.com.hk.