121 / 166
3 Significant accounting policies
(continued)
(b) Changes in accounting policies
(continued)
Effective for
accounting periods
beginning on or after
HKFRS 15,
Revenue from contracts
with customers
1 January 2018
HKFRS 9,
Financial instruments
1 January 2018
HKFRS 16,
Leases
1 January 2019
The Housing Society is in the process of making an assessment
of what the impact of these amendments and new standards is
expected to be in the period of initial application. Apart from
the application of HKFRS 9, so far it has concluded that the
adoption of these amendments and new standards is unlikely
to have a significant impact on the Housing Society’s financial
statements. The application of HKFRS 9 may affect the
classification and measurement of the Housing Society’s
financial instruments. However, the Housing Society is unable
to disclose the impact arising from the adoption of this new
standard until a detailed review has been performed.
(c) Revenue recognition
Revenue is measured at fair value of the consideration
received or receivable. Provided it is probable that the
economic benefits will flow to the Housing Society and the
revenue and costs, if applicable, can be measured reliably,
revenue is recognised in profit or loss as follows:
Revenue arising from the sale of properties held for sale
is recognised when the respective properties have been
completed and delivered to the buyers. Deposits and
instalments received on properties sold prior to the date of
revenue recognition are included in the statement of financial
position under forward sales deposits received.
3
主要會計政策
（續）
(b)
會計政策變動
（續）
在以下日期或
之後開始的
會計期間生效
《香港財務報告準
則》第十五號 —
「源自客戶合同的
收入」
二零一八年
一月一日
《香港財務報告準
則》第九號 —
「金融工具」
二零一八年
一月一日
《香港財務報告準
則》第十六號—
「租賃」
二零一九年
一月一日
房屋協會正在評估這些修訂和新準
則對初始採用期間的影響。到目前
為止，除香港財務報告準則第九號
外，房屋協會認為採納前述之修訂
及新準則對房屋協會之財務報表不
可能構成重大影響。香港財務報告
準則第九號的應用將影響房屋協會
財務工具的分類及計量。但房屋協
會現在未能披露其應用之影響直至
進行一個詳細之審閱。
(c)
收入確認
收入是以實收或應收代價的公允價
值計量。如果經濟效益很可能會流
入房屋協會，而收入和成本（如適
用）又能夠可靠地計量時，收入便
會根據下列基準確認 ︰
銷售持有待出售物業所產生的收入
是以個別物業竣工及轉讓給買家時
入賬。在確認收入當日前就銷售物
業收取的訂金和分期付款則記入財
務狀況表的已收預售樓宇按金內。
117
香港房屋協會
2016
年年報
Notes to the Financial Statements
財務報表附註