HKFRS for Private Entities资讯中心

Information Centre

Welcome to the HKFRS for Private Entities Accounting Standard (HKFRS for PE) Information Centre

(i) HKFRS for PE (currently effective):

IFRS Foundation resources

• Supporting materials for the 2015 IFRS for SMEs Accounting Standard
• Effects of climate-related matters on financial statements prepared in accordance with the IFRS for SMEs Accounting Standard
• Package of supporting modules on the IFRS for SMEs Accounting Standard available
• SME Implementation Group Q&As

Pronouncement of HKFRS for PE

The pronouncement of HKFRS for PE includes the followings:

• HKFRS for Private Entities Accounting Standard
• Basis for Conclusions
• Illustrative Financial Statements and Presentation and Disclosure Checklist

Click here to download.

Additional references issued by the Institute Standard Setting Department

• FAQ: HKFRS for Private Entities Accounting Standard
• FAQ: Financial Reporting – commonly asked technical questions

(ii) Revised HKFRS for PE (issued but not yet effective):

The revised HKFRS for PE is effective for annual periods beginning on or after 1 January 2027, with early application permitted.

IFRS Foundation resources

• 2025 IFRS for SMEs supporting materials
• Project Summary: third edition of the IFRS for SMEs Accounting Standard
• Feedback Statement and Effects Analysis: third edition of the IFRS for SMEs Accounting Standard
• Overview of the treatment of amendments
• IFRS for SMEs Accounting Standard Third Edition with changes since the second edition marked up
• IFRS for SMEs Accounting Standard modules

Pronouncement of the revised HKFRS for PE

The pronouncement of HKFRS for PE includes the followings:

• HKFRS for Private Entities Accounting Standard
• Basis for Conclusions
• Illustrative Financial Statements

Click here to download.

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Additional references issued by the Institute Standard Setting Department

• Key impact of the 2025 revised HKFRS for Private Entities Accounting Standard on local entities
• FAQ: HKFRS for Private Entities Accounting Standard

Last updated: June 2025