Issue no. 89
(24 November 2005)
    Dear Members/Member Practices,
In this issue
Council Elections
May Moon
PlayStreet 2005
IFAC Appointment
New Board of Review Practice
Groom Future Leaders
Annual Report
Earthquake Relief
Council Elections
ominations for the Institute's Council elections closed this Tuesday with 15 candidates running for seven seats. Members will receive the paper ballot by
29 November, while at the same time, the new online voting system will be activated. Please watch for a separate e-circular when it is up and running. You can choose either post or Internet to cast your votes.

Institute Pairs Up with Famous Writer
famous writer in Hong Kong is writing for the Institute. Nury Vittachi will write a column for A Plus beginning with the
December issue and has just finished a storybook for the Institute called May Moon and the Secrets of the CPAs, which teaches young children the meaning of money and how to be financially responsible. Watch for the book launch press conference next week and the coming issue of A Plus.
You can buy a copy at PlayStreet on 4 December and proceeds will go to charity.

PlayStreet 2005 - Ten Days to Go
how you care about Hong Kong children by sponsoring "happy stones." For a mere $100,
you can buy a "happy stone" to reward a child who has done a good deed by helping and serving others at the PlayStreet 2005 on 4 December (Sunday) at Chater Road. We're expecting more than 10,000 children and their parents at this event, co-organised by the Institute and Playright Children's Play Association. Click here for more and mark your diary for the event.

President Appointed to Deputy Chair of IFAC PAIB Committee
ongratulations to Edward Chow, the Institute's president, for his new appointment as deputy chairman of IFAC's
Professional Accountants in Business Committee. The committee supports the international exchange of ideas for financial and management accounting professionals. Mr. Chow's appointment will ensure Hong Kong's voice will be heard at the international level.

New Practice of Board of Review
he Board of Review under the Inland Revenue Ordinance (Cap. 112) has made a change to the current practice on signing of Board decisions and case stated.
From 1 December 2005 onwards, only one copy of Board decisions will be signed and kept by the Board as record, while the parties will be given unsigned copies under a cover letter signed by the Clerk to the Board. For case stated, two signed copies will be provided, one for the Court of First Instance and another for the Board's record.

Groom Future Leaders
ign up as a workshop facilitator for the Institute's CPA qualification programme to pass on your learning and experience to our prospective members who want to
become professional accountants.

Annual Report Online Now
he Institute's bilingual annual report 2005 is now posted on the Institute's website, showcasing our leadership and influence
and our members as success ingredients.
Click here to see the online version; the hard copy will be mailed to you on request early next month. The Summary Financial Report was posted to members in mid-November.

Support for Earthquake Relief
ur heartfelt thanks to members who responded to our appeal to support the relief works of the South Asian earthquake, which killed more than 74,000 people and
left nearly three million people homeless. In addition to the Institute's Charitable Fund's contribution of $100,000, we have raised $208,619 from 165 members. All the monies go to The International Red Cross.

Renew your membership for 2006 and make sure you have paid your membership fee and filed your CPD Declaration by 15 December. Please refer to the annual renewal package sent to you last week for more details, and click here to check your renewal status and to update your personal profile if necessary.
The Practitioners Symposium on 9 December will let you learn more about the new practice review approach and share your views on practical implementation issues. Click here to register.
Forward your suggested agenda items for our annual meeting with the Commissioner of Inland Revenue in January 2006. Send them to John Tang, the Institute's assistant director of specialist practices, by 28 November.

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
Mr. Anson Lok 2287 7041
Ms. Vian Tai 2287 7224
Mr. Kelvin Chiu 2287 7096

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