News

Issue no. 148 (23 March 2007)

Dear Members / Member Practices,

This issue:

he latest "Prospective CPA" is now online. Click the "Students" tab above to see what's new.

Five-year plan shapes the profession

he fifth long range plan, just published by the Institute, sets out strategies over the next five years to keep the profession in the forefront.

Institute responds to SCMP

he Institute's chief executive replied to the South China Morning Post columnist Jake van der Kamp, who wrote on 15 March about the Institute's name change and standard setting position. The letter was published yesterday in the SCMP in extracted form. Click here for the full version.

President comments on mainland standards

n an interview with Xinhua news agency, president Mark Fong says the Institute views the mainland's convergence process as an opportunity to increase cooperation between the Hong Kong and mainland professions. Please click here to read the article, which appeared in many Chinese media.

Hedging for yuan risk

edge for yuan exchange risk to maintain profits. Come to the Institute's Financial Services Interest Group lunch seminar on 30 March to learn more.

A Plus survey reminder

he A Plus reader survey is now online and it's your chance to tell us what you think of your magazine. Click here to complete the survey and enter the prize draw for a chance to win a new BlackBerry Pearl.

Training mission

ow successful you are can depend on how many people you've helped succeed. This is your chance to pass on your experience to those who want to be CPAs by becoming a workshop facilitator.

Forum on auditor independence

Join the forum next Thursday evening for a discussion on IFAC's exposure draft on auditor independence requirements. Click here to learn more and enroll.

Audit exposure drafts

The IAASB has issued two exposure drafts of proposed ISA 550 on related parties and ISA 570 on going concerns to enhance and clarify auditor's responsibilities.

Handbook Update 38

Members' Handbook has been updated with the latest HKFRS 8 Operating Segments and HK(IFRIC)-Int 12 Service Concession Arrangements. Click here for details.

Basketball competition

Organize your team to participate in the CPA basketball competition 2007 in May. Click here to enrol by 18 April.

Come join a worthy cause

Two vigorous Institute teams of Accountant Ambassadors and sports interest group members will participate in fund-raising races at the "Walk Up Jardine House" on 25 March and the "MTR Race Walking" on 15 April. President Mark Fong will also join the "MTR Chairman's Invitational" race. Join us to cheer the teams; your support will be a great boost for the teams.

Subscription reminder

Last call to subscribe to Chinese publications on latest development of mainland accounting and auditing.

IFAC handbooks

IFAC has published two handbooks about international auditing, ethics and international public sector accounting. The publications list out pronouncements up to end of 2006.


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