Issue no. 47
(31 March 2005)		 www.hkicpa.org.hk change login id / password
    Dear Members/Member Practices,
In this issue
The Hong Kong Accountant
CFO Forum with IFAC - Reminder
Annual Update Conference on Auditing - Reminder
Information Technology Risk Management - Reminder
Time for Basketball
The Hong Kong Accountant

In March 2005 issue of The Hong Kong Accountant …

Cover Story 1: A role for accountants in ADR

Some accountants are waking up to the fact that they can bring their specialist skills to clients seeking out of court dispute resolution

 

Cover Story 2: Arbitration seeks boost for further expansion in HK

Hong Kong is an acknowledged arbitration hub in the region. Its popularity is leading to serious infrastructure constraints that may hinder its further expansion

 

President's Message

Applying the success ingredient to all we do

The Institute hosted a successful Spring Cocktail reception on 8 March, which was attended by nearly 300 people, including heads of government departments, past presidents and Council and committee members

 

Transparency and a new world order in the distribution and use of financial data

XBRL pioneers Louis Matherne and Liv Watson flew in to Hong Kong to speak at an industry event co-organised by the Hong Kong Institute of CPAs. In an exclusive interview the two experts give an insight into XBRL's growing global acceptance and why CPAs will continue to stand at the helm of its future success

 

     
CPD: Determination of Source of Profit
     
Why do we need a separate standard on financial instruments? Responses to concerns about
HKAS 39
CFO Forum with IFAC - Reminder

The Hong Kong Institute of CPAs is hosting the International Federation of Accountants (IFAC) Professional Accountants in Business Committee (PAIB) meeting and is organizing a special CFO Forum featuring Mr. Bill Connell, Chairman of IFAC PAIB, on 19 April at a special lunch.

Seats are limited, so please enrol now.

Annual Update Conference on Auditing - Reminder
A complete new set of Auditing Standards will soon come into force, and to help you prepare for the changes, the Institute is offering The Annual Update Conference – Auditing on 23 April 2005. The Conference will give you an overview of these new standards, including:
-
 New Audit Risk Standards (HKSAs 315, 330 and 500)
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 Revised Fraud Consideration Standard (HKSA 240)
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 New and Revised Quality Control Standards for Auditors (HKSQC 1 and HKSA 220)
Click here to register. For more CPD programmes scheduled for April and May, please click here.
Information Technology Risk Management - Reminder

The Hong Kong Institute of CPAs, in collaboration with Hewlett Packard and HKU School of Professional and Continuing Education, is offering its fifth Executive Programme on Information Technology Risk Management during May and July 2005.

This course is registered under the Continuing Education Fund and eligible applicants will be reimbursed 80 percent of their fees, up to a maximum of HK$10,000. Register now to secure a seat!
Time for Basketball

The Institute's annual basketball competition will be held in May and June. Each year, CPA practices, members and their friends, and registered students form teams to take part in the competition. Matches held on Saturday and Sunday afternoons. The enrolment closing date is 13 April 2005 . For more details, please check out the circular, entry form and notes on enrolment .
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