Issue no. 555 (6 August 2015)
 
  Dear members/member practices,  
     
 
 
 
 
  BCGD Awards submission closes next week  

Don't miss your chance to participate in the Best Corporate Governance Disclosure Awards to show your company's efforts in corporate governance. As one of the most prestigious in Hong Kong, the BCGD Awards will focus on internal control, risk management and ESG reporting this year. Submission deadline is 13 Aug.


From FATCA to Common Reporting Standard
The Financial Services Interest Group seminar on 1 Sept. will talk about the Common Reporting Standard requirements and their implementation timeline, and the difference between CRS and Foreign Account Tax Compliance Act and their operational challenges.

Last call: specialist training in tax

Don't miss the advanced Hong Kong tax course starting on 22 Aug. to gain practical and in-depth knowledge of contemporary taxation practice. The course is also a compulsory component of the Institute's Professional Diploma in Hong Kong Tax. Join the demo lesson on 11 Aug. to understand more.

 

How CPAs can contribute to sustainability
IFAC has released Accounting for Sustainability. From Sustainability to Business Resilience to highlight the important role accountants can, and must, play in embracing sustainability to ensure the organizations they serve are resilient by linking sustainability to a broader business agenda and strategy.

New requirements on execution of company documents

Sign up for the seminar on 28 Aug. to understand more about the execution and proof of company documents for overseas use under the new Companies Ordinance. +


Reminders
Come learn more about Hong Kong's insolvency regime and provisional supervision and insolvent trading at the seminar on 12 Aug. +

The seminar on 20 Aug. will cover the newly revised Corporate Governance Code and potential benefits and challenges of ESG reporting. +

Don't miss the seminar on 14 Aug. to learn more about compliance regulations and practices in financial services and banking sectors. +


Lucky draw winners

Congratulations to Chan Chi-hing, Fan Tak-lai, Lam Tak-keung, Poon Wai-hung and Wong Woon-yan, Derbie for winning the HK$200 ParknShop coupons in the "Mini survey on digital and social media " lucky draw.

 
Photography events
Two photography sharing sessions will be held between September and December to cover firework photography, outdoor evening portraits and special themes on the Hong Kong airport and Macau Grand Prix. Field trips with models will be arranged.

If you want to learn to take astrophotography using a digital camera, enrol in this programme in September. +


Dance fun night

Come enjoy a fun night with performances, competitions and live band for dancing on 12 Sept. and meet fellow members who also have a passion for dancing. +


Professional golf lesson

Hone your golf skills at the 4-session lesson in September with Tommy Kan, a former coach at the Kau Sai Chau Public Golf Course and a golf professional for over 17 years. +

 
Effective date of IFRS 15
IASB has confirmed a one-year deferral of the effective date of IFRS 15 Revenue from Contracts with Customers to 1 Jan. 2018. Click to see press release. The Institute supports this decision in its comment letter.

IFRS update
EY has published an update on upcoming changes in IFRS. +
 
Football for homeless
The Institute's football team won the championship in the Cares Shield category of the Homeless World Cup Fundraising Tournament on 25-26 July. Click to see photos.

Tennis training

Elementary and intermediate tennis courses will continue to run on Tuesdays in September. Join now to learn this popular sport from professional coaches.


New dining discounts
Hard Rock Café – 15% discount on food and beverage and selected garment items.

La Saison – 25% discount on food and non-alcoholic beverage from Monday to Thursday and 20% from Friday to Sunday.


Last call: Waltz class

Deadline to sign up for the August elementary Waltz class is 7 Aug.

 

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For general enquiry regarding content of this circular, please call 2287-7228.

 

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