This podcast aims to provide the key recommendations and findings from HKEx Review of Issuers’ Annual Report, for HKEx listed companies to consider whilst preparing their FY 2021 annual reports. It also highlights the commonly omitted disclosures and recommendations to entities in the following areas:

  • Auditors’ modified opinion on fairness of asset values reported
  • Going concern 
  • Material lending transactions
  • Impairment test of intangible assets
  • Fair value level 3 financial assets
  • Certain disclosures in relation to IFRS 9, 15 & 16
  • Use of non-GAAP measures

Publications referenced by speaker:


IFRS® and IASB® are registered Trade Marks of the IFRS Foundation and is used by KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Mainland China, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership under licence subject to the terms and conditions contained therein. Please contact the IFRS Foundation for details of countries where its Trade Marks are in use and/or have been registered.

Paul Lau

Paul Lau
Head of Capital Markets
Head of Professional Practice KPMG China
+852 2826 8010

Serene Seah-Tan

Serene Seah-Tan
Partner, Professional Practice
KPMG China
+852 2685 7331