Page 127 - Annual Report 2019
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124 ANNUAL REPORT 2019 QFC REGULATORY AUTHORITY FINANCIAL STATEMENTS
11. Accounts Payable and Accruals
2019 2018
USD ‘000 USD ‘000
Accounts payable 504 385
Accrued expenses 5,077 4,333
Government appropriations received in advance (Note 2) 2,615 2,721
Fees received in advance 1,283 1,164
Employees’ end of service benefits (Note 10) 145 154
Charges recovered (Note i) 5 5
9,629 8,762
Note (i)
Charges recovered represent the costs of investigation recovered from
registered entities and is to be set off against future investigation expenses.
