Issue no. 151 (19 April 2007)
Dear Members / Member Practices,
 
  Auditors lead quality drive
he Institute's quality control programme is pushing Hong Kong to the forefront of world standards in auditing, reported the South China Morning Post. Regional regulatory bodies worldwide are watching the Institute with interest, says the Institute in SCMP report published on 30 and 31 March.  
 
  IFRS for SMEs
  comparison between the proposed IFRS for SMEs and the corresponding Hong Kong SME standards is available for members' reference in making comments to the IASB exposure draft.
 
  MTR walk
he Institute team competed in the MTR Race Walking on 15 April to help raise public awareness on healthy living. President Mark Fong participated in the Chairman's Invitational. Thanks to CPAs Newton Cheung, Bruce Li, KT Tang and Louis Wong and the cheering team.  
Click photo to see more.
 
  Exploring Kazakhstan
ou are welcome to join the HKEx's financial and IPO conference in Kazakhstan on 11 May to promote your firm and meet potential issuers. The Prime Minister of Kazakhstan, Hong Kong Secretary for Financial Services and the Treasury Frederick Ma and HKEx Chief Executive Paul Chow will take part in the conference. HKEx is also lining up a full day programme on 10 May to visit government agencies and companies with Hong Kong listing plans. Click here for more information and register by 25 April.
 
  AAT career and others
he Hong Kong Institute of Accredited Accounting Technicians is looking for a secretary general to lead the organization's activities including training, examination and promotion. Click here for recruitment details and here for other job opportunities.  
 
CPD FAQs - No territorial boundary

Overseas members can claim CPD hours by attending learning activities outside Hong Kong and can enrol in e-learning to earn CPD hours anytime, anywhere. Online training courses organized by other professional bodies are counted, including the new free www.IASPlus.com for IFRS e-learning. Click here for more FAQs about CPD.
IFRS discount

The 2007 IFRS bound volume published by the IASB is now available at a discounted price of HK$900 (a saving of HK$195 on the IASB price). Obtain your copy at the Institute's counter on the 27th floor of Wu Chung House or by mail order.
Win-win relations

Register as an authorized employer or supervisor and attract talent. Join those 800 employers and 1,400 supervisors to train future CPAs in Hong Kong. Click here for more information.

For your information
The 2007 conference on Sarbanes-Oxley 404 will look into opportunities from the latest SEC and PCAOB guidance. It is taking place on 14-15 June in Shanghai and Institute members get special discount - US$300 off. Sign up before 30 April and save an extra US$150.
 
A workshop on harnessing enterprise risk management will be held on 21-23 May. Institute members registering both modules will enjoy 10 percent discount. Early bird and group discounts are available.
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