When aH.K. holding co. qualifies for exemption from preparing consolidated F/S, can it adopt size test to determine whether it can apply SME-FRS to prepare its separate financial statements though it hasChina subsidiaries? If yes, is it right that it only needs to consider the size of the H.K. holding co for preparing separate financial statements?
When a H.K. subsidiary partially or wholly owned by an overseas holding company prepares separate financial statements, can it adopt SME-FRS? If yes, is it only needs to consider the size of the H.K. holding co. only for the size test?
When a H.K. subsidiary partially or wholly owned by an overseas holding company prepares separate financial statements, can it adopt SME-FRS? If yes, is it only needs to consider the size of the H.K. holding co. only for the size test?