Page 85 - EdUHK Annual Report 2015-2016

THE EDUCATION UNIVERSITY OF HONG KONG 香港教育大學
(Expressed in Hong Kong dollars unless otherwise stated)(除另有說明外，所有金額以港幣為單位)
1 Summary of signi cant accounting policies (Continued)
1.3 Change in accounting standards
The HKICPA has issued a number of amendments to HKFRSs that are rst effective for the current accounting period of the Group and the University. Of these, the following developments are relevant to the Group’s nancial statements:
- Annual Improvements to HKFRSs 2010-2012 Cycle - Annual Improvements to HKFRSs 2011-2013 Cycle
The Group has not applied any new standard or interpretation that is not yet effective for the current accounting period (see Note
33). Impacts of the adoption of the relevant amended HKFRSs are discussed below:
Annual Improvements to HKFRSs 2010-2012 Cycle and 2011-2013 Cycle
These two cycles of annual improvements contain amendments to nine standards with consequential amendments to other standards. Among them, HKAS 24, Related party disclosures has been amended to expand the de nition of a “related party” to include a management entity that provides key management personnel services to the entity, and to require the disclosure of the amounts incurred for obtaining the key management personnel services provided by the management entity. These amendments do not have an impact on the Group’s related party disclosures as the Group does not obtained key management personnel services from management entities.
In addition to the above change, the UGC has also updated the SORP in recognition of the developments of the accounting standards in Hong Kong and internationally and the accounting practice of the institutions in recent years. Note 2 provides information on the changes in accounting policies resulting from adoption of these updates to the extent that they are relevant to the Group for the current and prior accounting periods re ected in these nancial statements.
1.4 Subsidiaries
Subsidiaries are entities controlled by the Group. The Group controls an entity when it is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. When assessing whether the Group has power, only substantive rights (held by the Group and other parties) are considered.
Investments in subsidiaries are consolidated into the consolidated nancial statements from the date that control commences until the date that control ceases.
1 主要會計政策概要 (續)
1.3 會計準則變動
香港會計師公會頒布了多項於本集團及教大當 前會計期間首次生效的經修訂的《香港財務報 告準則》。當中，下列的發展與本集團的財務報 表有關:
-《香港財務報告準則》二零一零至二零一二年 週期之年度改進
-《香港財務報告準則》二零一一至二零一三年 週期之年度改進
本集團並無採用任何在當前會計期間尚未生效 的新準則或詮釋 (參閱附註33) 。 採納相關經 修訂的會計準則對本集團之影響如下:
《香港財務報告準則》二零一零至二零一 二年週期及二零一一至二零一三年週期 之年度改進
該兩個週期的年度改進包括九項準則的修訂及 對其他準則之相應後續修訂。其中《香港會計 準則》第24號-「關連人士披露」已予以修改， 藉以將「關連人士」的釋義擴展為包括提供主 要管理人員服務予申報公司的管理實體，並要 求披露為獲得管理實體提供的主要管理人員服 務而產生的金額。由於本集團並無自管理實體 獲得主要管理人員服務，故該等修訂對本集團 的關連人士披露並無任何影響。
除了上 述 的 變 動，教 資 會 亦 更 新 了 資 助 院 校 的 建議準則，以確認香港和國際會計準則及院校 的會計實務在最近幾年的發展。因應用這些與 本集團有關的轉變所引致當前和以往會計期間 的會計政策變動已於本財務報表內反映，並詳 列於附註2。
1.4 附屬公司
附屬公司是指受本集團控制的實體。當本集團 因參與實體業務而承擔可變動回報的風險或因 此享有可變動回報，且有能力透過向實體施加 權力而影響該等回報時，則本集團已控制了該 實 體。在 評 估 本 集 團 是 否 擁 有 上 述 權 力 時，僅 考慮(本集團和其他方所持有的)實質權利。
於附屬公司之投資會由控制開始當日至控制終 止當日在綜合財務報表中合併計算。
香港教育大學 2015-2016年報
83
Notes to the Financial Statements
財務報表附註