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• Members' area

Technical Resources

Issued by the Companies Registry

• The New Companies Ordinance (Cap.622)
• Companies Registry specific topic page

Resources published by HKICPA

 Financial Reporting

• Standards and Regulation
  • Small and Medium-sized Entity Financial Reporting Framework and Financial Reporting Standard (Revised March 2014) and related resources
  • Accounting Bulletin 5 Guidance for the Preparation and Presentation of a Business Review under the Hong Kong Companies Ordinance Cap. 622
  • Accounting Bulletin 6 Guidance on the Requirements of Section 436 of the Hong Kong Companies Ordinance Cap.622

• Questions and Answers
  These non-mandatory Q&As are updated from time to time to provide guidance on emerging issues
  • Q&A relating to the transition from the predecessor Companies Ordinance (Cap.32) to the new Companies Ordinance (Cap.622) (Issued July 2014)
  • Q&A relating to the new Companies Ordinance (Cap.622) – other than those relating to transition from the predecessor Ordinance (Cap.32) (Issued July 2014)
  • Q&A relating to consolidated and company level financial statements prepared under Part 9 of the new Companies Ordinance (Cap.622) (Issued June 2015) 
  • Q&A relating to section 408 for auditors
  • Q&A relating to court-free amalgamation

• Member communication
  • Section 436 of the new Companies Ordinance (Cap.622) on 'specified financial statements' and 'non-statutory accounts' (February 2015)
  • Updates on auditors' reporting on financial statements on periods ended before 3 March 2014 (commencement date of the new Companies Ordinance, Cap. 622) and technical resources on SME-FRF & SME-FRS (Revised)
  • Important reminder on the timing for opting out the preparation of business review requirement through special resolution (5 August 2014)
  • Financial Reporting and Auditing Alert 19 - Reminder on the timing for opting for reporting exemption and on consolidation matters under SME-FRF & SME-FRS (Revised) (September 2014)

• CPD Resource
  • HKICPA seminar on Business Review on 11 September 2014
  • HKICPA workshop on the new Companies Ordinance - implications on financial reporting on 13 September 2014
  • HKICPA seminar on Directors' Duties under the New Companies Ordinance - Guidance from Comparable Jurisdictions on 8 October 2014
  • HKICPA seminar for Consultation Paper on Review of Listing Rules on Disclosure of Financial Information with reference to the new Companies Ordinance and Hong Kong Financial Reporting Standards on 14 October 2014
  • HKICPA lunch seminar on Latest Implementation Guidance on the Application of Part 9 of the New Companies Ordinance (23 June 2015) 

• A Plus Magazine articles
  • April 2014 Issue – Article on New Companies Ordinance: highlights of major changes (part two)
  • March 2014 Issue – Article on New Companies Ordinance: highlights of major changes (part one)
  • April 2014 Issue – Article on SME-FRF & SME-FRS (Revised)
  • April 2014 Issue – Article on AATB 4 Guidance on section 408 of the Companies Ordinance
  • May 2013 Issue – Article on Financial reporting under the new Companies Ordinance

 Audit and Assurance Services

• Technical Bulletin (AATB 4) Guidance on section 408 of the Companies Ordinance (Issued February 2014)
• Practice Note 600.1 (Revised) Reports by the auditor under the Hong Kong Companies Ordinance (Cap.622)

Resources published by accounting firms

• KPMG Hong Kong Companies Ordinance Briefing Notes

  • Financial Reporting Update - Issue 73, 2013/11 - Commencement date of new Hong Kong Companies Ordinance: 3 March 2014

  • Briefing Note 1 - "What's new for full financial statements?"

  • Briefing Note 2 - "What's new for directors' reports?"

  • Briefing Note 3 - "What's new for share capital?"

  • Briefing Note 4 - "Non-Public Company Reporting Exemption: impact on directors' reports and financial statements"

   

• PricewaterhouseCoopers New Hong Kong Companies Ordinance - Accounting & reporting alert

  • Feb 2014, Issue 1 - No-par value for shares

  • Feb 2014, Issue 2 - Business review (HKICPA issues draft guidance for directors)

  • Mar 2014, Issue 3 - SEHK issues FAQ on impact on issuers

  • Jan 2015, Issue 4 - Non-statutory accounts

  • Illustrative financial statements with updated disclosures under the new Companies Ordinance

• Deloitte New Companies Ordinance in Hong Kong - How does the new CO affect accountants in preparing financial statements?

   

• BDO Hong Kong Companies Ordinance publications

  • Financial Reporting-related Matters and Preparation of Directors’ Reports under the new Companies Ordinance, Chapter 622 – an Overview - July 2014

  • Major changes applicable to Hong Kong companies limited by guarantee without a share capital (English version only) - March 2014

  • Major changes applicable to private limited companies incorporated in HK (English version only) - March 2014

• Mazars publications 

  • New HKCO: Company level balance sheet in group accounts

• Zhonghui Anda CPA Limited publication

  • New Hong Kong Companies Ordinance (March 2014)

  • SME-FRS Update (March 2014) 

  • Companies Ordinance Update - Change of Year End Date (May 2014)

  • Companies Ordinance Update - Accounting Reference Period (August 2014) 

     

Issued by Hong Kong Exchanges and Clearing Limited

• HKEx Consultation Paper on review of listing rules on disclosure of financial information with reference to the new Companies Ordinance and Hong Kong Financial Reporting Srtandards and proposed minor/housekeeping rule amendments (August 2014) 
• HKEx FAQ Series 26 - Questions relating to the new Companies Ordinance and its impact on issuers (Effective 3 March 2014)

Media Interviews

• Interview of Institute's chief executive by Commercial Radio (registration required)
  人生交叉盤 – 發行優先股  普通股不會被攤薄 (13 March 2014)

Archives submissions

Companies Ordinance (No.28 of 2012)

General Enquiries

General enquiries may be sent by e-mail to <commentletters@hkicpa.org.hk>.

Last updated: 21 September 2018