News

Issue no. 515 (10 October 2014)

Dear members/member practices,

CE talks to media on audit reform

The Chief Executive Raphael Ding gave an interview to SCMP on listed entity auditors regulation reform and addressed issues about effectively curbing corporate scandals. Click here to read.

Young members' forum

To gauge the needs and expectations of young members, a forum will be held on 30 Oct., which will also give updates on the latest developments of the profession. +

CPD tips: membership renewal requirements

Members who joined the Institute before 1 Dec. 2011 are required to complete 120 CPD hours in the three years ending 30 Nov. 2014, of which 60 hours must be verifiable. Time is running short before the year-end membership renewal. Click to learn more about CPD requirements now.

Wi-Fi service upgrade for members

The Institute has upgraded its Wi-Fi service with the latest technology to provide faster speed and support access for more members. Please use "HKICPA_Public" for 27/F training center and "HKICPA_Wifi" for 37/F board room and conference room. The old Wi-Fi service network "2287" will not be available from 20 Oct.

Internal control workshops

Enrol in the internal control workshops in November, which will cover data analytics in internal audit and fundamental IT audit for financial statements audit.

New Companies Ordinance: non-financial reporting

The seminar on 27 Oct. will focus on the implications for directors' duties, compliance system and share capital transactions under the new Companies Ordinance. +

International tax planning

Come join the Taxation Faculty seminar on 5 Nov. to learn more about recent developments in international tax planning.

Financial forecast

The speaker for the 6 Nov. seminar will share his experience in managing multinational companies’ financial forecasts and financial covenant compliance. +

Addressing IT risks in mobility environment

The seminar on 23 Oct. will cover the current mobile security risks, strategies and solutions to address those risks. +

Business planning with data

How to work with data from across the business to check, validate and guide planning processes from envisioning through forecasting to action? Join the workshop on 13 Nov. to learn more. +

Visit to Huadong region

The Young Members Group is organizing a visit to Nanjing and Shanghai on 25-28 Oct. to enhance understanding of China's political and economic developments including the "12th Five-Year Plan".


Reminders
	Don't miss the TUE session on "professionals as guardians to uphold ethical governance" on 28 Oct.


	Enrol in the IT conference by 16 Oct. to enjoy the early-bird discount and enter the iPad Air lucky draw.


	The Forensics Interest Group seminar on 14 Oct. will talk about the challenges faced by expert witnesses.

Materiality for ESG reporting

Institute members get special rates for the Business Environment Council's courses on corporate sustainability development and materiality for environmental, social and governance reporting on 31 Oct. and 28 Nov. respectively. +

Skip one meal to help the community

Members are encouraged to participate in the Hong Kong Church Network for the Poor's charity programme "10月17，唔食都得" to support people in need.

Tennis training course


Golf events
	Enrol in the golf training courses in November to sharpen your skills.


	Join the "play with a golf professional" on 22 Nov. with Eric Ma, a HKPGA. This is for members who already have some basic skills and experience.

Institute comments on IASB exposure draft

The Institute's Financial Reporting Standards Committee has commented on IASB exposure draft of Investment Entities: Applying the Consolidation Exception (Proposed amendments to IFRS 10 and IAS 28).

Members' handbook update

Members' handbook update no. 158 contains conforming amendments to HKSA 700, HKSA 810 and revised PN 900.

Equity method in separate financial statements

BDO and Zhonghui Anda have published updates on HKAS 27 amendments on equity method in separate financial statements.

New financial instruments standard

BDO has published a financial reporting update on new financial instruments standard.

Mini bridge tournament winners

Congratulations to Tong Yat-chong and Arthur Hon who clinched the championship in the third mini bridge tournament on 27 Sept. Nelson Li and Fung Siu-fan placed second, while Dora Lo and Sin Yim-hung placed third. Click to see photos.

Merry Monday

At the Merry Monday on 3 Nov., Eddie Chui, Co-founder and Editorial Director of Cru Magazine, will introduce wines coming from south of France.

Singing contest

Sign up for the annual CPA singing contest on 30 Nov. at Tonno Club. Solo and group entries are welcome. We will select among the winners to represent the Institute in the joint professional singing contest.


Dance events
	The Line dance, Tango, Cha Cha Cha, Jazz Funk and Jazz classes in October and November are now open for enrolment. Pick one or more to keep exercising.


	Regular dinner gathering is organized every month for dance lovers. The coming one will be held on 17 Oct. at "百樂會", Tsim Sha Tsui. Join now to meet new friends and enjoy the fun of dancing. +


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