Practising Certificate Examinations (2017)
The enrolment deadlines, examination and result release dates are as follows:
(2:30 p.m. – 5:30 p.m.)
PC – Law
PC – Business Assurance
PC – Taxation
1 February -
31 March 2017 (closed)
6 June 2017
27 June 2017
28 June 2017
23 August 2017
1 August -
29 September 2017
|5 December 2017||27 December 2017||28 December 2017|
23 February 2018
- Registration and Entry Form
- Credit Card Authorization Form
- Examinable contents
- Passing Rate
Pursuant to the provisions of the Professional Accountants Ordinance, the Council of the Hong Kong Institute of Certified Public Accountants (“HKICPA”/“the Institute”) rules that an applicant for the issue of a practising certificate (“PC”) is required to satisfy the examination requirement through completing the PC Examinations.
The following persons are eligible to sit the PC Examinations:
Current members of HKICPA (please refer to note 3 for exemption details)
Graduates of the HKSA/ACCA Joint Examination Scheme (“the Joint Scheme”) under Hong Kong law variant (please refer to note 3.7 for exemption details).
Full members of an accepted accountancy institute as listed below who joined the institute by sitting and passing its professional examination for membership and not by virtue of any reciprocal/mutual recognition arrangement between that institute and another body:
U.S. CPA (Designation granted by relevant U.S. State Board of Accountancy).
Graduates of the Joint Scheme under non-Hong Kong law variant (please refer to note 3.7 for exemption details).
HKICPA registered students of the QP under conditional enrolment (“HKICPA registered students”).
Prospective QP applicants with special permission from the HKICPA for taking the PC Examinations (“prospective QP applicants”).
Current members who have successfully completed the Institute's Qualification Programme ("QP"), which comprises 4 modules of the professional programme and a final examination, are exempt from taking the PC Examinations. However, they are required to sit and pass the Aptitude Test on Hong Kong Law for PC issuance purposes if they fit the following categories:
With effect from 1 January 2008, QP graduates with overseas accountancy degree who wish to apply for a PC are required to sit and pass the Aptitude Test on Hong Kong Law if they have not taken Hong Kong law subject(s) at an accredited university degree programme or in an accredited Conversion Programme of the Institute. This requirement is applicable to those who register as QP students on or after 1 January 2008.
With effect from the 2008/2009 academic year, the following QP graduates who wish to apply for a PC are required to sit and pass the Aptitude Test on Hong Kong Law in order to fulfill the competency requirement in local law:
Persons admitted as a certified public accountant of the Institute by virtue of their membership with the following accountancy institutes and who have sat and passed the audit papers in the professional examinations of their parent institute are exempted from the PC-Business Assurance paper and are required to sit and pass the PC-Law and PC-Taxation papers for PC issuance purposes:
Association of Chartered Certified Accountants (“ACCA”)
Association of International Accountants ("AIA")
Canadian Institute of Chartered Accountants
Institute of Chartered Accountants Australia
Institute of Chartered Accountants in England & Wales
Chartered Accountants Ireland
Institute of Chartered Accountants of Scotland
Institute of Chartered Accountants of Zimbabwe
New Zealand Institute of Chartered Accountants
South African Institute of Chartered Accountants
U.S. CPA (Designation granted by relevant U.S. State Board of Accountancy)
Full members of CIMA who have sat and passed the following parts of the Institute’s QP under the transitional arrangements of the MEPE Agreement between the Institute and CIMA that expired on 30 June 2011 are exempted from the PC-Business Assurance paper and are required to sit and pass the PC-Law and PC-Taxation papers for PC issuance purposes:
both the workshop and examination of Module C (Business Assurance); and
the examination of Module A (Financial Reporting); and
the final examination.
Full members of CIMA who have sat and passed the following parts of the Institute's QP under the 2013 MEPE agreement between the Institute and CIMA are exempted from the PC-Business Assurance and PC-Taxation papers and are required to sit and pass the PC-Law paper for PC issuance purposes:
both the workshop and examination of Module C (Business Assurance) and Module D (Taxation); and
the final examination.
CICPA members who qualified as a certified public accountant of the Institute under the MEPE Agreement for Mainland and Hong Kong Accountants and fulfilled the following criteria are exempted from the PC-Business Assurance and PC-Taxation papers and are required to sit and pass the PC-Law paper for PC issuance purposes:
have sat and passed both the workshop and examination of Module D (Taxation); and
the final examination; and
have sat and passed the auditing paper in the PRC CPA Uniform Examination of CICPA
CICPA members who qualified as a certified public accountant of the Institute under the MEPE Agreement for Mainland and Hong Kong Accountants and fulfilled the following criteria are exempted from PC-Taxation paper and are required to sit and pass the PC-Business Assurance and PC-Law papers for PC issuance purposes:
have sat and passed the workshop and examination of Module D (Taxation); and
the final examination; and
have NOT sat and passed the auditing paper in the PRC CPA Uniform Examination of CICPA
Graduates or former students of the Joint Scheme may transfer their results obtained in the examination paper(s) specified in Appendix I.
From June 2011 session onwards, those who have sat and passed Module C (Business Assurance) and/ or Module D (Taxation) are exempted from the PC-Business Assurance/ PC-Taxation papers respectively for PC issuance purposes.
Acceptance of an entry to the PC Examinations from an applicant does not imply that the applicant is qualified for HKICPA membership and/or issuance of a PC, where applicable. HKICPA membership/ PC applicants must satisfy the examination and other admission/ issuance requirements prevailing at the time of the HKICPA Registration and Practising Committee’s consideration of their relevant applications. Please visit the Institute's homepage at www.hkicpa.org.hk for the latest membership and PC issuance requirements.
Candidates who are required to sit more than one paper may choose to sit all papers OR just one paper at each session. The Council rules that paper-by-paper passes are allowed and that there is no time limit restricting the validity of such passes.
Syllabuses for the respective PC papers are as follows:
The examination for each PC paper lasts for 3 hours in an open-book format. All answers must be presented in English. Each PC paper is divided into two sections and the marks allocation are as follows:
Essay/Short Questions 50
In an open-book examination, candidates are permitted to take into the examination centre your own notes, reference books and stationery (including but not limited to noiseless and cordless programmable calculators). Computers and electronic dictionaries of any size or models are not allowed. All permitted items must not be equipped with communication function.
The Hong Kong Examinations and Assessment Authority (HKEAA) will issue the Examination Attendance Docket containing details of the examination centre and other examination regulations and guidelines to candidates by ordinary post about two weeks prior to the examination. Candidates are required to produce the Docket for admission to the examination centre. Candidates should notify the Institute by phone to 2287 7396 immediately if they have not received the Docket one week prior to the examination. Last minute request for the Docket will not be processed.
Candidates should carefully read the Examination Regulations in the Examination Attendance Docket prior to sitting the examinations. Failure to follow any of these regulations may result in marks penalty or even disqualification from the entire examination. All violations of the examination regulations will be duly considered by the Qualification and Examinations Board. Effective from December 2014, for candidates who have violated any minor and straightforward examination regulation for the first time, their script booklets will be marked and processed as normal. However, a letter will be sent to warn the offenders that the incident will be recorded in their candidate files and any repeated offences in future would attract penal actions including marks penalty. For candidates who have violated the same examination regulation for the second time, two marks will be deducted from the candidates' results of the relevant paper. For candidates who have violated the same examination regulation for the third time or more, a stricter penalty of five marks deduction will apply.
NO overseas examination centre is provided. Candidates are required to take the PC Examinations in Hong Kong. The examination is tentatively scheduled to be held in Asia World-Expo, Hong Kong International Airport. Candidates should refer to the Examination Attendance Docket issued by the HKEAA for the assigned examination venue.
|If weather conditions are doubtful (such as the possible hoisting of Tropical Cyclone Warning Signal No. 8 or the issue of the Red / Black Rainstorm Signal), candidates should pay attention to the radio / television broadcast, or view the Hong Kong Examinations and Assessment Authority / HKICPA website for the examination schedules before they leave for the examination centre. For more details on the bad weather arrangements, please refer to the information leaflet which will also be posted to candidates together with their Dockets.|
Candidates taking PC-Business Assurance and PC-Taxation papers may purchase the relevant Learning Pack (“LP”) produced for QP Modules C – Business Assurance and Module D - Taxation respectively from the Institute to help them prepare for the examinations. The LP is updated on a bi-annual basis with a new edition published in September. The latest version will normally be available for sale at the Institute’s service counter around three months prior to the examinations.
An online Supplement is available one year from the publication of the learning pack to highlight the latest developments including updates on legislations and the Institute's pronouncements in accordance with the cut-off policy for examinable standards and legislations. Candidates should refer to the Institute's website if a Supplement is applicable to the session they have enrolled:Downloads >"Supplement to Learning Pack"
For PC-Law, candidates may refer to the Reference List attached to the PC-Law Syllabus.
Past examination papers are available for sale at the Institute’s service counter. Candidates under Member category can also access the PC Online Resources Centre (“ORC”) to download past examination papers and/or to view webcasted videos/audio archives on examination assistance seminars upon acceptance of the examination enrolment by the Institute.
Candidates taking the PC-Business Assurance and PC-Taxation papers can also attend the Module Preparation Seminars and Examination Techniques Seminars on Module C (Business Assurance) and Module D (Taxation) of the Institute’s QP for the preparation of the examinations. For enquiries, please contact the Institute at 2287 7214 or 2287 7290.
Candidates will be graded as "Pass", "Fail" or "Absent".
Examination results will generally be sent by ordinary post on the date mentioned above. Current members or graduates of the Institute can check their examination results on-line by accessing the Members’ area in the Institute’s homepage at: www.hkicpa.org.hk on the examination result release date.
Script Review Service is available to unsuccessful candidates for the PC paper(s) examined during an examination session at a charge. Please note that this is NOT a re-marking service but candidates requesting such service will receive a Script Review Report and a Q&A booklet for the paper reviewed.
Enrolment fees will be charged according to the status of the candidate as at the closing date of application:
For candidates who have previously paid the initial registration fee and are making further attempts, they are only required to pay the paper entry fee for the paper to be attempted.
Payment by cheque should be made payable to "Hong Kong Institute of Certified Public Accountants" or "HKICPA".
Payment by credit card should be made by completing and submitting the Credit Card Authorization Form which can be downloaded from our website: http://www.hkicpa.org.hk/en/registration-and-licensing/obtain-practising-certificate/practising-certificate-examinations/
Fee(s) paid are NOT refundable and NOT deferrable.
Access right to the ORC is valid until the examination date of the subscribed examination session.
All examination entries must be received by the Institute on or before the Enrolment Deadline.
The enrolment deadline will be strictly adhered to and late application is PROHIBITED.
Enrolment form and all supporting documents (see Part IX supporting documents of the Registration and Entry Form) should be submitted to the Institute by email (firstname.lastname@example.org) or post to the following address on or before the Enrolment Deadline.
Hong Kong Institute of CPAs
213 Queen's Road East,
Wan Chai, Hong Kong
Failure to submit the required documents may result in delay in the enrolment process.
Applicants will receive an acknowledgement email accordingly after the submission of enrolment. All examination entries will be processed after the enrolment deadline and acceptance email will be sent to the successful candidates FOUR WEEKS AFTER the enrolment deadline.
Your contact details as indicated in your submitted Registration and Entry Form for the PC Examinations will be used for the purpose of the PC Examinations only (confirmation of enrolment and release of examination results). Please note that the contact details provided in the Registration and Entry Form will NOT be updated to your membership or student records. If you wish to update your membership or student records, please contact the Admission Department or Student Registration Section separately.
Any change in contact details or correspondence address for the purpose of the PC Examinations after submission of the Registration and Entry Form should be notified to the Institute in WRITING by email: email@example.com or by post to Education and Training Department – Student Registration Section, 27th Floor, Wu Chung House, 213 Queen's Road East, Wan Chai, Hong Kong.
For enquiries, please contact the Education and Training Department of the Institute via email: firstname.lastname@example.org or telephone: (852) 2287 7228.