Issue no. 84
(20 October 2005)
    Dear Members/Member Practices,
In this issue
Annual Dinner
Accountants in ExCo
PlayStreet 2005
Representation on SAC
Membership Renewal
INED Training
CPAs Dine at Avenue of Stars
"Avenue of Stars," this year's annual dinner theme, featured singing and dancing as 450 guests ate, drank and made merry with their fellow CPAs. The chair of the organising committee, Ms. Susanna Chiu, says the dinner was oversubscribed given the limited space at the new Four Seasons Hotel. More than 60 official guests attended, including the Institute's past presidents, LegCo President Rita Fan, Central People's Government in the HKSAR Liaison Office Deputy Director Li Gang, and FSTB Secretary Frederick Ma. The guest of honour, Mr. Liu Zhongli, president of the Chinese Institute of CPAs and the former Minister of Finance for the PRC, spoke about the growing ties between the two Institutes and the progress of the profession on the Mainland. We also welcomed Mr. Chen Yugui, secretary general of the CICPA.Click here to see the press release and speeches and here to see the "photo gallery of stars."
(From left) Chen Yugui, Li Gang, Liu Zhongli, Fred Ma, Edward Chow and Winnie Cheung at the Institute's Annual Dinner 2005.

Influential Accountants in ExCo
f the eight new members of ExCo appointed by the SAR Chief Executive
Donald Tsang last week, three are accountants. Marvin Cheung is the past president of the Institute and a director of the HKEx, while David Li Kwok-po, head of the Bank of East Asia is a CPA and member of the Institute.
The third accountant to join this elite group is Charles Lee Yeh-kwong, chairman of the stock exchange. The combined experience of these three powerhouses should ensure the profession's voice is heard in government.

PlayStreet 2005
ark your diaries for 4 December for PlayStreet 2005. Building on the theme
of the Institute's flagship community project, "Rich Kid, Poor Kid," the activities will help children experience earning, spending and giving. The event will last all afternoon in the Chater Road area with a host of activities and game booths, where families can spend the day playing together and re-affirming how play can help develop family values.
PlayStreet 2005 is also a golden opportunity for you to give back to the community. Corporate, individual and in-kind sponsors are all welcome, and prominent publicity will be given in return. Click here for the sponsorship brochure and here to see the photos of last year.

Institute's Representation on SAC
he Institute's past president P.M. Kam has been appointed to the restructured Standards Advisory Council by the Trustees
of the International Accounting Standards Committee, succeeding Marvin Cheung who retired after his three-year term. The new SAC with 40 members from different countries completes the steps taken to make it a more effective source of advice to the international accounting standards setting body. Click here to see the release.

ICAEW and CIPFA Vote Deadline this Sunday
he proposal to integrate ICAEW and CIPFA is down to its final days of voting. There are close to 1,200 dual Institute
and ICAEW members in Hong Kong and your vote could decide the issue. Click here to see the ICAEW CE's message and here to vote.

Membership Renewal for 2006
ou will be receiving 2006 membership renewal package with subscription payment advice and CPD declaration form in mid-November. Please note that compliance
with the Institute's CPD requirements is now mandatory as a condition for membership renewal. Take immediate action to fulfill the requirements if you have not yet done so. Please also be reminded to check and update, if necessary, your correspondence address and other particulars. Click here for more.

INED Training
nother series of the executive programme for accountants on independent non-executive directors will begin on 4 November. Organised by the Institute and
Hong Kong Institute of Directors, the programme is well suited for those who are serving or intending to serve as INEDs.

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