Issue no. 128 (16 October 2006)
Dear Members / Member Practices,
 
  Comments on policy address
he HKSAR Chief Executive's policy address focused on issues important to the Institute, including strengthening the territory's status as a financial centre, corporate governance, education and environmental stewardship. Click here for the Institute's press release.  
 
  GST basics
he GST consultation effort is continuing, with members encouraged to debate these basic issues:
Is there a need to broaden tax base?
Is GST the best way?
What are the alternatives?
Click here to see the second email from the Taxation Committee's GST Working Group.
 
  Young gathering
  oung CPAs are welcome to share happy hour drinks with young solicitors and surveyors at the Institute's members' lounge on 18 October. Click here for more details from the Institute's Young Practitioners Interest Group.
 
  A Plus: global standards
he October issue of A Plus studies how China may be a trendsetter for accounting standards and how Hong Kong's adoption of global standards bolsters its position as Asia's world city. Watch for your copy soon and click here to preview the President's Message.  
 
  Facilities booking
  he Institute's training and meeting facilities at Wu Chung House are open for booking. The auditorium can cater big events of up to 300 people, while the nine function rooms are good for meetings and seminars. On the same floor is the members' lounge providing food and beverage. Members enjoy a 30 percent discount. Please click here for details.
 
Annual dinner - date change
The Institute's annual dinner has been rescheduled from 9 November to 7 December (Thursday) to fit the schedule of our guest of honour, the HKSAR Chief Executive Donald Tsang. Please mark your diary and watch for more details in the coming e-circulars.
Auditing update
The Institute has issued the new audit report standards HKSA 700 and HKSA 701 under Members' Handbook Update 33.
Book discount
Members enjoy 25 percent discount on CCH's new title GST - A Hong Kong Perspective. Offer expires on 31 October 2006.
Golf results
Congratulations to winners of the 2006 CPA golf competition, Gerald Yu and Mark Fong, who took home the Wong Tan Cup and the Deloitte Touche Tohmatsu Trophy respectively. Twenty four members took part in the tournament on 5 October coordinated by Fong Hup, chairman of the Institute's Golf Society.
For your information
The Asia-Oceania Tax Consultants' Association is holding a conference in Hong Kong on 23-24 November.
The Hong Kong Trade Development Council is organizing a briefing session on investment opportunities in Nanjing («n¨Ê) on 26 October.
Quick links:
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www.hkicpa.org.hk See past e-circulars
CPA Source A PLUS

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