Thomas Tsang
- Apr 13, 2019
- 1 min read

Back to basic

Now is the time to back to basic, quality.

Recent Posts

In accordance with SFRS109, investment in equity instruments must be subsequently measured at fair value. In limited circumstances, cost represents the best estimate when recent information not avail

Budget cost in contract using input method

In contract revenue to recognise using input method, one of the key audit procedures is to ascertain the budgeted cost of the project contract is reasonable. We need to test the underlining assumptio

Change in PPE from cost model to revaluation model

For change of accounting policy for PPE from cost model to revaluation model. It is not follow FRS 8 as exempted from prior year adjustment. The change will apply prospectively from the date of reva