Issue no. 478 (16 January 2014)
 
  Dear members/member practices,  
     
 
  Highlights
 
  A Plus – Hong Kong vs. Singapore  

The January issue studies the challenges posed by Singapore in vying to become a global financial centre, how CPAs turn charities into champions, Chow Sang Sang CFO's success stories and the attractions of secondment. Check out the PDF or digital versions for more, or download the "A Plus" apps for your iPad and Android devices.

 

Audit regulation consultation ends this week – give your views now

More than 4,000 members have already responded to the consultation survey. If you haven't done it yet, send an email to regulation@hkicpa.org.hk to request for a unique link (please give us your membership number). Click here to see how you can participate. See the latest President's Message from A Plus and visit our dedicated web page for more information.


Notice to Official Receiver of applications for provisional liquidators

Click to see the Official Receiver's Office circular no. 1/2014 about giving the ORO notice of applications to appoint provisional liquidators under section 193 of the Companies Ordinance.


Inland Revenue Board of Review invites new members

Please forward nominations for the Inland Revenue Board of Review by 22 Jan. to Elena Chai, the Institute's Associate Director of Specialist Practices, including the nominee’s resume and work contact details. Click here for more information.

 
  Professional development and events
Executive programme for accountants: INEDs practices
Enrol in the programme between February and March, which aims to help participants understand the roles and responsibilities of Independent Non-Executive Directors, including considerations in acceptance of appointment, legal and regulatory updates, corporate governance skills, and board strategies particularly from an independent perspective. +

Why an initial interview with the IRD is so important
Sign up for the seminar on 19 Feb. which will introduce field audit, in particular the initial interview. Speakers will share the technique and experience in attending the initial interview through role play. +

Business management skills
Come join the business management skills series starting from February to learn more about the key mindset and relationship building on self-leadership, change management and how to work with younger generations.

2013 PRC individual income tax updates
Come to the seminar on 28 Feb. to learn more about the latest regulations and local practices in relation to cross-border employment arrangements for foreigners working in China including PRC individual income tax, social security and visa policies. +

    Seminar on Hong Kong railways development
Speaker from MTR will share his views on how a sustainable development of railways can enhance the competitiveness of Hong Kong at the Property, Infrastructure and Construction Interest Group seminar on 26 Feb.
 

Library conversion
The library on 27/F Wu Chung House will be closed from 27 Jan. to mid-April for renovation. During that period, you may continue to use the e-library service. This work is needed to create a new multi-function area that can be used not only as a smaller library, but also for training, social activities, meetings and study. When there is a need, such as during exam time, it can be turned into a larger study area for candidates' benefit. We look to your understanding.
 
  Tech updates
Latest IFRS developments
PwC has published news to discuss the latest developments on IFRS.

New and revised standards applicable for 2013 year end
BDO and Zhonghui Anda have published updates to discuss new and revised standards that are effective for entities with December 2013 year end.

HKFRS 9 amendments
BDO has published an update on hedge accounting.

Acquisition of investment properties

Deloitte has issued a paper to study whether acquisition of investment properties in a company is an asset acquisition or a business combination. +

 
  Lifestyle
Discount offers
Existing partner merchants, Butterfields and World Trade Centre Club Hong Kong, have extended their offers to members until 31 Dec. 2014.

Marathon events

Despite no special quota for members' registration this year, the Institute still won the "most supportive group" for the fifth consecutive year at the Standard Chartered Marathon 2014. All CPA runners are invited to join the group photo session held immediately after the award presentation on 8 Feb. Enrol in the Chinese New Year Fat Choi Run on 8 Feb. as the final warm-up before the marathon.

 

Quick links:
A Plus At-a-glance calendar
Technical resources Visit our website
SMP and SME resource centre Change personal information
CPD learning resource centre Email us
Hong Kong CPA Practice Directory See past e-circulars
HKICPA Source  

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