We held this seminar on 22 October 2018 for the sole purpose to illustrate how HKFRS 9 and HKFRS 15 affected the disclosure and presentation of financial statements that comply with HKFRSs. At the 1.5 hour presentation, we, based on the contents of Sample Reporting Documents for HKFRSs 2018, summarized the major contents of HKFRS 9 and HKFRS 15, in particular, the hottest credit loss allowance.