Issue no. 126
(3 October 2006)		  

Dear Members / Member Practices,

 
GST website
new website dedicated to GST is now online, providing members with detailed background information about the issue and soliciting comments. Click here for the Institute's GST consultation website.
International recognition
he Hong Kong CPA qualification has received an extra boost internationally. On 27 September, the Institute signed an agreement with the Institute of Chartered Accountants of Scotland extending recognition benefits to mainland QP graduates. Click here to see the press release. On 29 September, the Institute signed a mutual exam paper exemptions agreement with the Chartered Institute of Management Accountants which is extended to all Institute members. Click here for more.
Students positive on career prospects
ccounting students are more confident about finding jobs than non-accounting students, according to the Institute's recent survey, which also found that demand for accountants exceeds supply. Click here for more.
Member benefits
he Institute has arranged a slew of new privileges for members.

Special Internet fares from Singapore Airlines for travel originating from Hong Kong to Singapore, South East Asia, Australia and U.S.
Complimentary membership of Starwood Hotels including Sheraton, Westin, Four Points by Sheraton, W Hotels, St. Regis and The Luxury Collection.
Special discount for the Hong Kong Venture Capital and Private Equity Association's annual conference on 9 October.
Free copy of The Offshore Financial Service Guide 2006-07 published by The Standard. Available from the Institute's Member and Student Services Counter while stock lasts.
Final call to obtain free tickets for the Financial World Expo from the Institute.
World Congress of Accountants
he 17th World Congress of Accountants is being held on 13-16 November in Istanbul. Click here to find out more about this accounting Olympic event, held every four years.
Deadline for joining ICAEW ends on 31 Dec 07
The three-year period for eligible non-QP qualified members to join the ICAEW under the membership agreement signed with the ICAEW in 2004 will end on 31 December 2007. Apply now to enjoy a host of benefits from technical support to library services. The admission fee to ICAEW for Institute members has been reduced by half to £250. Click here for more.
Get authorized to train CPAs
Register as an authorized employer or supervisor to attract top-notch candidates to your companies. Over 800 employers and 1,300 supervisors have registered with the Institute to train budding CPAs in Hong Kong. The Institute's authorized employer/authorized supervisor scheme has been adopted by ACCA and CPA Australia for qualifying experience for their members in Hong Kong.
Financial reporting update
The Institute is seeking comments on IFRIC draft interpretation D20 Customer Loyalty Programmes. The Institute has issued HK(IFRIC)-Int 10 Interim Financial Reporting and Impairment under Members' Handbook Update 32.
Moonlight hiking
Celebrate the Mid-Autumn festival by joining the moonlight hike up Yuen-Tsuen Ancient Trail on 7 October organized by the Institute's Water Sports & Hiking Interest Group. Click here to enrol.
For your information
Hong Kong and central governments are organizing a forum to study state-owned enterprises' home and overseas IPOs, share structure reform and the Sarbanes-Oxley Act on 16-17 October.
Quick links:
hkicpa@hkicpa.org.hk Change personal information
www.hkicpa.org.hk See past e-circulars
TechWatch A PLUS
CPD programmes CPA Source

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

     
  Telephone E-mail address
Mr. Andrew Wong 2287 7245 andrew@hkicpa.org.hk
Mr. Anson Lok 2287 7041 anson@hkicpa.org.hk
Mr. Cyrus Ho 2287 7224 cyrus@hkicpa.org.hk
Mr. Kelvin Chiu 2287 7096 kelvin@hkicpa.org.hk
This email together with the file(s) transmitted is intended solely for addressee(s) only and may contain confidential and/or privileged information. If you received this email in error, please contact the sender and delete it together with its attachment(s) from your computer(s). You should note that the views and opinions expressed in this email are those of the author and do not necessarily represent those of the Hong Kong Institute of Certified Public Accountants. The recipient should check this email and all attachments for the presence of virus. The Institute will not accept liability for any damage caused by any virus transmitted with this email.