Financial Reporting

Invitation to comment on Proposed Amendments to Accounting Guideline 5 (Revised) Merger Accounting for Common Control Combinations
 
with link to

• Exposure Draft (accompanied by an explanatory memorandum)

Invitation to comment on the IASB Exposure Draft Amendments to the Fair Value Option for Investments in Associates and Joint Ventures (Proposed amendments to IAS 28)

with link to

• Exposure Draft
• Press release

(IASB’s comment due date is 20 April 2026) 

Invitation to Comment on IASB Exposure Draft Risk Mitigation Accounting 

 
with link to

• Exposure Draft Risk Mitigation Accounting – Proposed amendments to IFRS 9 and IFRS 7
• Basis for Conclusions on Exposure Draft Risk Mitigation Accounting
• Illustrative Examples and Implementation Guidance on Exposure Draft Risk Mitigation Accounting
• IASB’s press release

An Outreach Event jointly hosted by the HKICPA and the IASB is scheduled for 5 March 2026. Please refer to the flyer for details.

To assess the impact of the Exposure Draft, the HKICPA is conducting a survey on current practices in dynamic interest rate risk management and macro hedge accounting in Hong Kong. Please click here to complete the survey, which is due by 31 March.

Additional resources:

• Snapshot of the Exposure Draft Risk Mitigation Accounting
• Request for fieldwork on the proposed risk mitigation accounting model
• Video resources: Risk Mitigation Accounting

(IASB’s comment due date is 31 July 2026)

Comments may be sent by mail, fax or email to:

Standard Setting Department
Hong Kong Institute of Certified Public Accountants
37^th Floor, Wu Chung House
213 Queen's Road East
Wanchai, Hong Kong

Fax number: (852) 2865 6603

Email address: commentletters@hkicpa.org.hk