News

Issue no. 564 (16 October 2015)

Dear members/member practices,

Institute and IFRS Foundation co-host IFRS Conference

More than 230 participants from around the world and Hong Kong attended the conference on 12-13 Oct. Speakers from the IASB including its Chairman Hans Hoogervorst, leading Hong Kong and regional CFOs, and IFRS experts provided insight on upcoming standards and discussed the latest updates. Carlson Tong, Chairman of the Securities and Futures Commission, gave the keynote address, while the Institute President Dennis Ho gave the welcome remarks. Click to see photos and watch for more coverage including video and speech available soon.

Cycling for charity

CPAs are always active in supporting a wide spectrum of activities to give back to community. The latest one saw the Institute's Chief Executive Raphael Ding participating in the CEO Charity Ride at the inaugural Hong Kong Cyclothon on 10 Oct. The event raised funds for the Community Chest and the Boys' and Girls' Clubs Association of Hong Kong. Click to see photos.

Annual meeting with IRD

Please suggest agenda items for the Institute's next annual meeting with the Inland Revenue Department scheduled for early 2016. Click to see details and the suggestion form.

Membership renewal for 2016 – update your contacts

The 2016 renewal notice will be sent to you in mid-November. This year, you are requested to update your membership data and declare CPD compliance in the annual return online. If you don't have the member login ID or forgot your login ID/password, please click here to acquire. Act now to update your contact details by 30 Oct. +

New corporate treasury centre policy

Enrol in the seminar on 30 Oct. to learn more about the challenges and risks faced by treasurers and CFOs, and how a corporate treasury centre can help manage treasury risks and add value to business. +

International tax update

The Taxation Faculty seminar on 29 Oct. will cover a range of international tax issues, including the impact on Chinese and Hong Kong entities of OECD's Base Erosion and Profit Shifting initiative, how the U.K.'s new diverted profits tax could affect businesses in Hong Kong and Australia's and Germany's general anti-avoidance rules.

HKFRS for Private Entities workshop

Come join the three-session workshop in November to learn more about the implementation of HKFRS for Private Entities. +

Litigation finance

At the Restructuring and Insolvency Faculty seminar on 28 Oct, a panel of insolvency experts and legal professionals will discuss current issues in litigation financing, including its use in Hong Kong and elsewhere for insolvencies and arbitrations.

Audit of licensed corporations

The workshop on 29 Oct. will cover the Securities and Futures Ordinance's regulatory requirements, auditor's responsibilities under the ordinance and audit considerations for licensed corporations. +

Study tour to Guangzhou

Sign up for the study tour on 6-7 Nov. which includes company visits and seminars for you to learn more about the latest development of Guangzhou.


Reminders
	Don't miss the career conference on 7 Nov. to learn more about how some young members achieved a breakthrough in their career and get career development tips and market trend updates.


	The seminar on 27 Oct. will talk about how hackers work, and how to effectively implement security controls against cyber attacks. +


	Come learn more about how to tackle challenges facing PAIBs and key attributes for climbing the career ladder at the PAIB forum on 24 Oct.


	Last call to enrol in the strategic case study workshops starting on 24 Oct.

Snooker training courses

Come join the beginner or intermediate snooker training courses from November to January to explore the fun of this cue game.


Golf events
	Sign up for the "play with a golf professional" on 21 Nov. to hone your skills with Billy Ma, a HKPGA.


	Join the golf training starting on 28 Nov. at the South China Athletic Association where beginner and intermediate sessions are available.

Overview of IFRS for audit committee members

KPMG has published a guide to help audit committee members understand key issues arising from IFRS. +

Illustrative financial statements and disclosure checklist

KPMG has published illustrative financial statements and a disclosure checklist for the year ended 31 Dec. 2015.

Reminder: Bulk purchase discount

Last chance to enjoy the bulk purchase discount on A guide through IFRS 2015 (Green Book). +

RSCP snooker tournament

The Institute's snooker team clinched its first championship at the RSCP snooker tournament which ended on 11 Oct. Eric Chung and Benson Lam also won individual and pair awards. Click to see results and photos.

Recruitment of elite badminton, football and table tennis players

Sign up now if you wish to represent the Institute in this year's Cross Border Competition on 29 Nov. in Guangzhou. A selection process will be conducted based on player's skills, past results and sportsmanship. +

Bowling winter league

The bowling winter league will last 12 weeks from November to February. Form your own team or join as a member of a team in the league now.

Calligraphy class

Come join the calligraphy class on Xing Shu (行書) taught by calligrapher Lau Choi-cheong (劉才昌) in Novmeber.

Reminder: dance events

Don't miss the Jazz Funk class in late October and the dance dinner on 23 Oct. at "百樂會" in Tsim Sha Tsui.


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