Issue no. 79
(14 September 2005)
    Dear Members/Member Practices,
In this issue
A Day for CPA Pride
Insolvency Guidance Notes
Welcome Prospective CPAs
TUE
Mainland Properties and Land
Reminder
For Your Information
A Day for CPA Pride
L
ast Thursday marked the first anniversary of the CPA designation for members. To celebrate, the
Institute placed full-page advertisements in four newspapers to tell the public that CPAs are the success ingredient. And a big "thank you" to all our members who took part in this campaign by wearing their CPA pins.
We also marked the day by releasing the Institute's study, CPA Survey 2005, at a press briefing, which resulted in widespread news coverage about the profession.
 
Winnie Cheung and Albert Au at the press briefing for CPA Survey 2005.
 
The results show the Mainland's demand for Hong Kong accountants is strong and getting stronger, and that China's emergence as a global superpower is the biggest issue facing our members today.
Click here to see the ad campaign, press release and survey report.
And don't forget to send your views on CPA Day and survey to the editor of A Plus at: hkicpa@hkicpa.org.hk.

First Insolvency Guidance Notes Issued
A
t a press briefing today, the Institute released a set of guidelines for CPAs who carry out
company windings up, providing them with a clearer direction in administering insolvencies. The document, Insolvency Guidance Notes, is the first set of coordinated guidelines issued for Institute members on the subject, aiming to codify best practice for liquidations under the Companies Ordinance.
Click here to see the press release. The guidance notes will be uploaded in due course.
(From left) Alan Tang, Paul Chan and Darach Haughey at the press briefing for Insolvency Guidance.
 

Welcome Prospective CPAs
Click photo to enlarge
O
n Monday evening, the Institute conferred certificates to 349 students who passed the final
professional examination for its qualification programme. Officiated by the guest-of-honour Dr. The Hon. David Li Kwok-po, chairman and chief executive of Bank of East Asia, guests also witnessed the awards of merit and scholarships to 59 top accounting students from 12 universities and educational institutions. The qualification programme has a record number of enrolments this year of more than 8,000.
Click here to see the press release.
 
Click photo to enlarge
 
 

New TUE Coming
A
new and comprehensive Technical Update Evening programme is launched, focusing on financial
reporting and auditing standards. Starting from the 27th this month and lasting until December, the series will be hosted by the Institute's newly appointed director of standard setting, Patricia McBride, and veteran speaker Steve Ong, assistant director of standard setting. Please click here for details and registration.

Mainland Properties and Land - Legal Aspects
T
he Institute's Mainland Business Interest Group is organising a seminar on legal issues on land use rights
and real estate in the Mainland on 17 October. Speakers from a renowned law firm will share their expertise.
Please click here for more.

Reminder
Act now to enrol in the Discussion Forum on 27 September to learn more about the progress of the Institute's Practice Review Programme revision and the proposed self-assessment questionnaire. Seats are going fast.
The PRC Tax Bulletin (|H) provides you the weekly updates on PRC tax rules, regulations and notices from Mainland authorities. Subscribe by 26 September and you will get a gift!

For Your Information
Key Media is organising a Dealmakers' Summit on Mergers and Acquisitions in China on 17-18 October. Institute members will get 15 percent discount.
Hong Kong Retirement Schemes Association is organising a Hedge Funds Education seminar on 18 October. Institute members will enjoy the same rate as the HKRSA members.

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  Telephone no. E-mail address
Mr. Andrew Wong 2287 7245 andrew@hkicpa.org.hk
Mr. Anson Lok 2287 7041 anson@hkicpa.org.hk
Ms. Vian Tai 2287 7224 vian@hkicpa.org.hk
Mr. Kelvin Chiu 2287 7096 kelvin@hkicpa.org.hk


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