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PLAYSTREET ∞ 2004 |
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Let's have great fun at PlayStreet ∞ 2004
The Chater Road Pedestrian Precinct will be turned into a
colourful and fun-filled playground for cross-generation play activities on
Sunday, 12 December this year when the Hong Kong Institute of CPAs and the
Playright Children's Play Association (Playright) co-organise the PlayStreet ∞
2004.
PlayStreet ∞ 2004 is a large scale charitable event open to
members and affiliates of the Institute and Playright as well as the public.
With the theme "Transmitted Play Ideas Across Generations", the event aims to
promote the value and importance of play across generations to foster family
relations and enrich the family lives of Hong Kong people. The event promises to
be a jovial carnival with lots of creative play ideas, game booths, live
performances and entertainment for the enjoyment of the whole family.
Please join this exciting and meaningful programme and support
us with your donations or corporate sponsorships to raise fund for the HKICPA
Charitable Fund and Playright. Please click the following links for details:
- Event brochure
- Sponsorship package
- Letter to members and students
- Letter to member practices |
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THE HONG KONG
ACCOUNTANT |
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In your November 2004 issue of The Hong Kong
Accountant...
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Cover Story 2: Global Standards close to
reality
The end of 2004 marks a watershed in the HKICPA's accounting
standard setting process, as the process of fully harmonising Hong Kong's
accounting standards with the full set of international accounting standards
draws to a close |
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Hong Kong's civic warrior
One-time legislator, co-founder of Civic Exchange, democracy and
environmental activist, Christine Loh has made a significant contribution to
raising civic consciousness |
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QP and Hong Kong's future education
policy
Education holds the key to the future of any society. How we
nurture our next generation determines our future. As a representative of the
accountancy constituency, I firmly believe in the value and strength of our
human capital
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New initiatives on behalf of SMPs and
SMEs
Signs of interest in the concerns of SMPs and SMEs at the
International Auditing and Assurance Standards Board and its umbrella body IFAC
are abundant, as witnessed by Paul Chan when he attended IFAC's SMP Task Force
meeting in Spain in October |
| Ensuring ethical effectiveness
Stung by the high-profile accounting scandals that drove some of the nation's
leading companies into bankruptcy court, the US Congress and other regulatory
authorities have taken up their pens in an attempt to legislate business
behaviour. The Sarbanes-Oxley Act, which President Bush signed into law in 2002,
requires publicly traded companies to disclose whether they have adopted a code
of ethics for their senior financial officers, and if not, why
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PROFESSIONAL
PRONOUNCEMENTS |
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Exposure Draft of 21 Proposed HK Standards on Auditing and Review
Engagements
The Institute issues an Exposure Draft (ED) of 21 proposed Hong
Kong Standards on Auditing and Review Engagements under the Institute's
International Standards Convergence Project, including 20 replacement Hong Kong
Standards on Auditing and 1 new Hong Kong Standard on Review Engagements, for
comments by 28 February 2005.
The 20 proposed replacement Hong Kong Standards on Auditing
adopt verbatim their latest equivalent International Standards on Auditing. If
adopted, they will be effective for audits of accounting periods beginning on or
after 15 December 2004. A summary of the key changes and new requirements and
guidance as compared with their SAS counterparts is included in the Invitation
to Comment of the ED. |
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CONTINUING PROFESSIONAL
DEVELOPMENT |
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Continuing Professional Development (CPD) Programmes - December
2004
A series of CPD programmes will be offered in December 2004,
including the Professional Risk Management Conference 2004
to be held on 18 December 2004 and the 10-session
Chinese Writing Course for Accountants ( 會計專業應用文課程 )
commencing on 6 January 2005. For more CPD programmes to be held
in the month, please click here.
Declaration for Compliance with the CPD
Requirements
Members are requested to file a Declaration for Compliance with
the CPD Requirements for the period covering 1 December 2003 to 30 November 2004
on or before 15 December 2004 . Please note that under the
provisions of the new section 28(2)(c) of the Professional Accountants
Ordinance, compliance with the CPD requirements has been made one of the
conditions for membership renewal. Failure to comply with the CPD requirements
would result in your membership/ PC registration being not
renewed.
For details of the CPD requirements, please refer to the
Statement 1.500 at HKICPA's website at http://www.hkicpa.org.hk/membership/cpd/mandatory/1_500.php
or the FAQs on the CPD requirements at http://www.hkicpa.org.hk/faq/member/cpd/cpd.php.
Should any member who requires clarification
regarding his/ her CPD requirements or who have any difficulty in complying with
the CPD requirements, please call the Education and Training Department at 2287
7089 or 2287 7098 for advice. |
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BENEFITS & DISCOUNT
OFFERS |
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Holiday and travel
packages: |
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Promotional Fare to Perth HK - Singapore - Perth - Singapore -
Hong Kong HK$3,200 |
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"e-2-fly" Promotion HK - Bangkok - HK, HK$1,020 per person
(min. 2 passengers traveling together) |
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Mission Hills Resort (Shenzhen) Special Package for Christmas
& New Year Eva '04 |
| and more... |
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Toast to your new CPA
brand with a premium wine selection |
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Clos du Marquis, 1999 |
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Clos du Marquis, 2000 |
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Chateau d' Armailhac, 2000 |
| Download order form |
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The Stylistics HAPPY X'MAS Show
The Wolfman Jack Entertainment (HK) presents the everlasting
Stylistics Happy X'mas Show in Hong Kong on Saturday, 11 December 2004, 8:00
p.m. Hall 3, HKCEC.
HKICPA members enjoy 10% off ticket prices.
Download order form. |
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FOR YOUR INFORMATION
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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 Workshop: Implementing IT Governance using COBIT.
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SEMINAR ON GST
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