Issue no. 176 (12 October 2007)
Dear Members / Member Practices,
 
  Institute news
Paul Chan re-elected to CAPA Board
  Past president Paul M.P. Chan was re-elected a member of the board of the Confederation of Asian and Pacific Accountants at its meeting on 4 Oct. His term of office is from 2008 to 2011. Paul has also been appointed as chairman of CAPA's newly formed governance review task force and leads the SME financial reporting standards deliberation in the region.
Joint forum with HKEx
The Institute will hold a joint forum with HKEx on 13 Nov. on financial reporting and its role in helping market communication. Mark your diary and watch for details in coming e-circulars.
Joint conference with ICAEW
Featuring business leaders and the Lord Mayor of London, the Institute's conference with ICAEW on 24 Oct. will cover ethics and other issues of the profession. Members get seven CPD hours for attending. Click here for details and register now.  

 
Business members survey launched
Members working in commerce and industry are invited to join an e-survey for ideas on how the Institute can serve you better.
2007 SMP Symposium
  Mark your diary for Friday, 30 Nov. at the Shatin Clubhouse, Hong Kong Jockey Club. Admission is limited to 400 and watch for enrolment details in upcoming e-circulars to score eight CPD hours.
 
  Business news
Committee revealed for U.S. auditing

U.S. Treasury says there are legitimate questions about the ability of the auditing profession's business model to sustain itself. A 21 person committee will make recommendations, Aastocks.com reports. +

Best place for business

Hong Kong continues to be one of the most preferred locations for overseas and mainland firms managing their operations in Asia Pacific, according to a survey. Favorable factors are geographical location, political stability and security, low taxes and professional support services, News.gov.hk reports. +

SFC admits gap in disclosure

U.S. investor Warren Buffett used a slow means of communication to disclose his disposal of PetoChina shares and the Securities and Futures Commission admits there is a gap in the Hong Kong disclosure system, The Standard.com reports. +

 
  Tech update
IAASB Strategy for 2009-2011
Give your comments on IAASB consultation paper on the determination of future priorities on setting auditing standards. +
Joint Arrangement
The IASB exposure draft proposes a replacement to the existing standard IAS 31 interests in joint ventures. We welcome your comments. +
Consultation deadline extended
Consultation deadline for the IASB exposure draft of a proposed IFRS for SMEs has been extended to 31 Oct. to allow entities participating in the IASB field tests more time to prepare their comments. Please click here for details of the IASB field tests.
 
  CPD
Negotiation and deal making

Don't miss this programme on negotiation and deal making for executives. Register now and avoid disappointment. +
Think on your feet ®

Come join the communication workshop for business managers to learn how to speak effectively. +
Members can decide their own CPD

When choosing CPD, think about what is relevant to your professional development as a CPA. Training on leadership and soft skills is also recognized. Click here for FAQs on CPD.

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Disclaimer: "Business news" section
The "Business news" section contains information from outside sources. We endeavour to link to reputable sources but the Institute is not responsible for the accuracy of the content and the content does not necessarily represent the views of the Institute.

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