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HKICPA Executive Program for Accountants Information Technology Risk Management
Fourth intake commencing 30 October 2004 open for enrolment
Earn over 50 CPD hours in eight weeks at a cost as low as $3,600*. Upon completion, members will be awarded the HKICPA Executive Certificate in IT Risk Management for Accountants.
Course Brochure and Registration Form
* Applicable to members who apply for early bird discount and Continuing Education Fund reimbursement. |
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Members' Handbook Update No. 6
This Update encloses the revised and new pages of the Members' Handbook as a result of the passage of the Professional Accountants (Amendment) Ordinance 2004 which became effective on 8 September 2004 . The changes made to the Members' Handbook include:
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change of name from Hong Kong Society of Accountants (HKSA) to Hong Kong Institute of Certified Public Accountants (HKICPA); |
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new designations for members and member practices; and |
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new CPD requirements. |
The electronic Members' Handbook has been updated to reflect the Update. For members who have subscribed to the Hard Copy Update package , they will receive the Update by post.
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Mainland Audit Issues Q&As
The Working Group on Mainland Audit Issues of the Audit and Assurance Standards Committee has issued the third set of Q&As on "Revenue Recognition for Software Companies" which addresses some of the more common issues relating to revenue recognition for software companies in the Mainland, including some background information on issues that are specific to software companies in the Mainland, the basic principles for revenue recognition, suggested audit procedures and the recognition of fees for system maintenance, upgrade and enhancement. |
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The IASB Joint Ventures Questionnaire
The International Accounting Standards Board (IASB) has embarked on a research project on joint ventures that is expected to culminate in the revision of IAS 31 Interests in Joint Ventures. The Australian Accounting Standards Board is leading a team of standard setters from Hong Kong, Malaysia and New Zealand to progress this research project.
In order to identify various structures of joint arrangements worldwide, a joint venture questionnaire has been developed. It is important that entities involved in joint arrangements actively participate in providing information on prevailing joint arrangements structures. Participation in the survey will help ensure that the forthcoming accounting treatments of interests in joint ventures are conceptually sound and can provide useful information to the users of financial reports.
The questionnaire can best be answered online or by printing a hard copy (pdf supplied). The information provided through this questionnaire would be used for research purposes only and will be treated confidentially.
Responses should be sent directly to the Joint Ventures Project Leader on or before 30 September 2004 (contact details can be found in the questionnaire). |
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Continuing Professional Development (CPD) Programmes – October 2004
In addition to the CPD programmes as published in the circular dated 27 August 2004, two more seminars will be offered in October. These are HKFRS 4 – Insurance Contracts on 11 October and Companies (Amendment) Ordinance 2003 – Loans to Directors on 25 October. For more details of the CPD programmes to be held in the month, please refer to the "List of Activities" under the HKICPA homepage at http://www.hkicpa.org.hk/index.php.
Continuing Professional Development (CPD) e-Learning Programme – e-Seminar & e-Manager
Are you too busy with your work to squeeze time for
face-to-face
training? If this is the case, the HKICPA e-Learning programme comprising e-Seminar and e-Manager is an option for you. It allows you to learn at your convenience, update your management and generic skills as well as technical knowledge anywhere any time through the internet. Subscribe now and enjoy the convenience brought to you by e-Learning. |
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MBIG Evening Seminar on "Cash Management in China" – 7 October 2004
Ms. Louise Vogler, Head of Transactional Sales, China of Standard Chartered Bank, will speak at this seminar on the latest development of PRC banking and foreign debt regulations, recent relaxations on current account transactions for FIEs, and common cash management and treasury issues, etc. in the Mainland. Members doing business in/with the Mainland must attend this informative seminar. Seats are limited. Enrol now. |
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HKICPA/HKPU 2004 Symposium on PRC Accounting and Auditing Issues - Saturday, 13 November 2004
Co-organised with the Hong Kong Polytechnic University , this half-day symposium (in Putonghua) features speakers from Mainland authorities and CPA practices. Madam Ying Wei ( 應唯 ), Deputy-Director General of the Accounting Regulatory Department of the PRC Ministry of Finance, Professor Huang Shizhong ( 黃世忠 ),Vice-President of Xiamen National Accounting Institute, and Mr. Zhu Qiheng ( 朱祺珩 ),Chief Partner of Pan-China Schinda Certified Public Accountants, will share their insights on the latest development of PRC accounting standards and system, common auditing pitfalls and risk management issues in the Mainland. Seats are limited. Enrol now. |
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ICAEW Faculties – Exclusive 3 Month Free Trial For HKICPA Members
The ICAEW Faculties are leaders in their fields of expertise and are subscribed to by ICAEW members in business and practice as well as many non members who rely on the technical publications to keep them up to date with current issues and developments in the fields of Audit and Assurance, Corporate Finance, Finance & Management, Information Technology and Tax.
Under the Membership & Co-operation Agreement signed between the HKICPA and ICAEW on 8 September 2004 , members of the HKICPA are offered a 3 month free trial of any 2 of the 5 ICAEW Faculties. Once signed up, you will receive your electronic mailing and get access to the member only areas of the websites for the faculties that you have joined, free of charge up to December 2004.
Click here to find out more about the 5 ICAEW Faculties and apply for this offer online. This offer is only available through online applications. |
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| HKICPA 2004 Golf Tournament The Institute's annual golf tournament will be held on Tuesday, 26 October 2004 at Hong Kong Golf Club. Come and enjoy the game! |
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| HKICPA 2004 Football Competition The Institute's annual 7-a-side football competition will begin on 30 October. Team registration is open until 8 October 2004 . Don't miss the chance to join this popular competition. |
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For Your Information
For Your Information is a channel to provide news or activities of other organisations which may be of interest to our members. In this issue, we have IFAC Employment Opportunities. |
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www.hkicpa.org.hk
