Highlights

In April 2025, the Hong Kong Financial Reporting Standards (HKFRS) for Private Entities were substantially revised to align closely with the International Accounting Standards Board’s third edition of the IFRS for SMEs. Effective from January 1, 2027, these enhancements aim to simplify financial reporting for private entities while preserving the principles of transparency, comparability, and relevance.

Join this webinar for an in-depth examination of the key developments, including:

    - Updated recognition and disclosure requirements for financial instruments

    - Implementation of the HKFRS 15 five-step model for revenue recognition

    - Introduction of a new Section 12 on Fair Value Measurement

    - Amendments to consolidation and business combination provisions

    - Revisions to the Conceptual Framework

This webinar is designed for accounting professionals, auditors, and stakeholders involved in private entity reporting who wish to stay informed on the practical impact of these comprehensive updates.

Speaker(s)

Ms Eunice Chu, CPA, EC Training & Advisory Limited

Eunice Chu is an experienced corporate trainer. Equipped with profound knowledge on International/Hong Kong Financial Reporting Standards (I/HKFRS), Eunice is a reputable and well-respected speaker of technical seminars and trainings to the commercial sector, finance community, universities, government officers and corporates of Hong Kong, Macao, Vietnam, Cambodia and Asia. 

She is the founder of EC Training and Advisory Ltd and Eunice Chu CPA & Co, which delivers professional training to the accounting community through ACCA, the Society of Chinese Accountants and Auditors (SCAA), the Association of Women Accountants (Hong Kong) Limited (AWAHK), Accounting Development Foundation (ADF), the University of Mansford, the government of Macao and Hong Kong. It also maintains an online education platform http://learning.eunicechu.com.

Currently, she is the Committee Member of ACCA Hong Kong, Council member of SCAA. 

Prior to that, Eunice was the Head of Policy of ACCA Hong Kong, Regional Finance Director of Asia Pacific Region of Sony Music Asia Inc and Revlon Inc. She had also worked as an auditor in PricewaterhouseCoopers. 

She holds a Master and Bachelor degree in Business Administration from the University of London and the Chinese University of Hong Kong respectively. She is a member of ACCA, HKICPA, ISCA, SCAA and AWAHK.