News

Issue no. 154 (10 May 2007)

Dear Members / Member Practices,

CO rewrite forum

ome join the discussion forum on 21 May on rewriting the Companies Ordinance about accounting and auditing provisions. Share your views with the experts managing the project. Click here for details.

Accountants in movieland

ames Bond falls in love with an accountant. Johnny Depp plays an accountant who saves the day. The May issue of A Plus looks at how movies - and society - look at the profession. Click here for the main story and see your copy for more.

Private equity luncheon

FOs looking to tap into private equity to strengthen their companies should come to the CPD luncheon on 8 June. A veteran consultant for multinational companies will give you insights on private equity. Click here to register.

CAPA Osaka

he 17th Confederation of Asian and Pacific Accountants conference in Osaka on 3-5 October will study how accountants can help develop Asian economies. Register before 15 June to enjoy discount.

About IFRS

	Click here for an overview of the proposed IFRS for SMEs exposure draft prepared by IASB Director of Standards for SMEs, Paul Pacter.
	Members enjoy discount (saving $195) on the IASB 2007 IFRS bound volume.

Ping Pong time

able tennis interest group invites you to join its tournaments in June and July. Click here for details.

CPD FAQ - declaration

When you renew your annual subscription or practising certificate, remember to file your CPD declaration. Please note that updating your CPD records in "My CPA" doesn't equate to filing your CPD declaration. Remember to sign your CPD declaration and return it to the Institute. For more details, please click CPD FAQ here.

Ethics views

	The Institute expresses concern about independence requirements relating to "Entities of Significant Public Interest" without an agreed definition in its response to the exposure draft from the International Ethics Standards Board for Accountants.
	On the 2008-09 IESBA strategic questionnaire, the Institute suggests more guidance on fraud and illegal acts as part of the board's activities.

Comments on audit exposure drafts

Click here for the Institute comments to the IAASB on its proposed redrafted ISAs on audit documentation, subsequent events, internal audit function and other information in documents containing audited financial statements.

For your information

Hong Kong Venture Capital and Private Equity Association is holding a China equity summit on 28 May to discuss deal structuring and exit strategies. Institute members enjoy special rate.


Quick links:
hkicpa@hkicpa.org.hk		Change personal information
www.hkicpa.org.hk		See past e-circulars
CPA Source		A PLUS

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 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 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 viruses transmitted with this email.