The Hong Kong Financial Reporting Standards, or HKFRSs for short, is a set of financial reporting standards issued by the Hong Kong Institute of Certified Public Accountants in Hong Kong.
It comprises a collection of standards, these include:
- Hong Kong Financial Reporting Standard (HKFRS)
- HKFRS Interpretation (HKFRS-Int)
- Hong Kong Accounting Standards (HKAS)
- HKAS Interpretation (HKAS-Int)
Famous quotes containing the words financial, reporting and/or standards:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)
“I have been reporting club meetings for four years and I am tired of hearing reviews of the books I was brought up on. I am tired of amateur performances at occasions announced to be for purposes either of enjoyment or improvement. I am tired of suffering under the pretense of acquiring culture. I am tired of hearing the word “culture” used so wantonly. I am tired of essays that let no guilty author escape quotation.”
—Josephine Woodward, U.S. author. As quoted in Everyone Was Brave, ch. 3, by William L. O’Neill (1969)
“The standards of His Majesty’s taste made all those ladies who aspired to his favour, and who were near the Statutable size, strain and swell themselves, like the frogs in the fable, to rival and bulk and dignity of the ox. Some succeeded, and others burst.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)