Issue no. 81
(28 September 2005)
    Dear Members/Member Practices,
In this issue
Happiest CPAs
New CPD Requirements Information Sessions
Latest CPD Programmes
INEDs Training
Tee Off
Football Competition
Reminder
PAIBs are the Happiest CPAs
T
he happiest CPAs kudos goes to professional accountants in business, who generally work fewer hours and receive
more generous bonuses than their counterparts in practice. Twenty-eight percent of PAIBs compared to 19 percent of PAIPs said that they received more than 20 percent of their compensation in bonuses and benefits, and on average the former work three hours less per week than the latter.
Click here if you wish to see the report of the CPA Survey 2005 and send us your views at: hkicpa@hkicpa.org.hk.

Information Sessions on New CPD Requirements
T
he Institute is organising free information sessions to help you understand more about the new CPD
requirements. With effect from 1 December 2005, members are required to complete a minimum of 120 CPD hours in each rolling three-year period, of which 60 hours should be verifiable. A minimum of 20 hours of the 120 hours has to be completed each year. Please click here to register.

Latest CPD Programmes Are Here
H
ere are the latest CPD seminars and workshops available to you on topics ranging from accounting,
taxation, legal and PRC issues. If you are unable to attend face-to-face training, please try e-learning, which also includes four new programmes on accounting, taxation and auditing. You may also wish to enrol in the Institute's IFRS programmes with the Financial Training Company, which will keep you ahead of the latest developments in financial reporting, corporate governance and assurance.
 

New INEDs Training
T
he Institute and the Hong Kong Institute of Directors are organising an executive programme for accountants
who plan to serve or are serving as independent non-executive directors. Please click here for more about the programme, which will start in mid-October.

Tee Off
C
ome join the Institute's annual Golf Tournament on 3 November at the Hong Kong Golf Club and compete
for the best score off scratch and handicap. Acceptance is on a first-come-first-served basis. Click here to enrol by 22 October.

Football Competition
T
he annual Football Competition beginning in November welcomes participation from teams fielded by members,
registered students and CPA practices. You may be the top or speedy scorer. Please click here for more.

Reminder
This is the last call for your participation in the Institute's SMP Practice Management Benchmark Survey. The deadline has been extended to this Friday, 30 September. If you have any queries about the survey or wish to receive another survey pack, please call 3199 2881.
The PRC Taxation Workshops will be held every Saturday between 26 November and 17 December. Experts from Hong Kong Polytechnic University will provide comprehensive coverage on PRC tax framework, laws and practices applicable to foreign investors doing business in China.

If you require any technical assistance on this transmission, please do not hesitate to contact any of the following staff:

  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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