Page 134 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2019 年報

132 audited Financial Statements 已審核財務報表

NOtES tO tHE FiNANCiAl StAtEMENtS
財務報表附註

2.2 Changes in accounting policies and disclosures 2.2 會計政策及披露變動（續）

(continued)
HKFRS 15 香港財務報告準則第十五號

HKFRS 15 and its amendments replace HKAS 11 Construction 香港財務報告準則第十五號及其修訂
Contracts, HKAS 18 Revenue and related interpretations and it applies, 取代香港會計準則第十一號 — 建築
with limited exceptions, to all revenue arising from contracts with 合約、香港會計準則第十八號 — 收
customers. HKFRS 15 establishes a new five-step model to account 益 及相關詮釋，並除少數例外情況外
for revenue arising from contracts with customers. Under HKFRS 15, 適用於與客戶訂立合約產生的所有收
revenue is recognised at an amount that reflects the consideration to 益。香港財務報告準則第十五號建立
which an entity expects to be entitled in exchange for transferring 一個新的五步模式，以確認客戶合約
goods or services to a customer. The principles in HKFRS 15 provide a 收益。根據香港財務報告準則第十五
more structured approach for measuring and recognising revenue. 號，收益按能反映實體預期就向客戶
The standard also introduces extensive qualitative and quantitative 轉讓貨物或服務作交換而有權獲得的
disclosure requirements, including disaggregation of total revenue, 代價金額確認。香港財務報告準則第
information about performance obligations, changes in contract 十五號的原則為計量及確認收益提供
asset and liability account balances between periods and key 更加結構化的方法。該準則亦引入廣
judgements and estimates. The disclosures are included in note 6 to 泛的定性及定量披露規定，包括分拆
the financial statements. As a result of the application of HKFRS 15, 收益總額，關於履行績效責任、不同
the Housing Society has changed the accounting policy with respect 期間的合約資產及負債賬目結餘的變
to revenue recognition in note 2.4 to the financial statements. 動以及主要判斷及估計的資料。披露
內容載於財務報表附註六。由於應用
香港財務報告準則第十五號，房屋協
會已在財務報表附註二點四將有關收
入確認的會計政策變更。

The Housing Society has adopted HKFRS 15 using the modified 房屋協會採用經修訂的追溯採用法採
retrospective method of adoption. Under this method, the standard 納香港財務報告準則第十五號。根據
can be applied either to all contracts at the date of initial application 這種方法，準則可以在初次申請之日
or only to contracts that are not completed at this date. The Housing 適用於所有合同或適用於在此日期未
Society has elected to apply the standard to contracts that are not 完成的合同。房屋協會選擇將該準則
completed as at 1 April 2018. 應用於二零一八年四月一日尚未完成
的合同。

Hong Kong Housing Society Annual Report 2018/19