Professor K.C. Chan, the Secretary for Financial Services and the Treasury, will share with members his views on the government's budget in the Institute's annual budget de-briefing seminar to be held on 28 Feb. (Thu) evening. Past President Paul Chan will chair the forum and act as moderator for the discussion. Please mark the date and watch for enrolment details.
Past President Tim Lui elected to NPC
Tim Lui, past president of the Institute, has been elected to the National People's Congress, which is the highest state body and only legislative house in China. Lui is among the 36 NPC deputies elected to represent Hong Kong. Congratulations.
Mainland city groups - Beijing and Shanghai
The first two mainland city groups for members living and working in Shanghai and Beijing will start operating in March. Members in these cities are welcome to join these networks for fellowship and professional development. The Shanghai city group's inaugural spring cocktail is taking place on 3 Mar. and the Beijing's on 4 Mar. +
Subprime fallout
The February issue of A Plus probes whether China can ride out the U.S. subprime menace. Click here for the article and refer to your copy coming soon for an interview with Anthony Espina, a veteran broker and CPA.
A counting mutant?
Accountant is called "a counting mutant" in the new movie, "Mr. Magorium's Wonder Emporium," about a 243-year-old owner of a magical toy store and his successors. Click here to see A Plus' review and send us your views about accountant stereotypes.
TUE calling
A new series of technical update evenings from February to April gives you an opportunity to exchange views with the secretariat's technical directors on financial reporting, auditing and ethics issues. +
Other news in brief
The Institute and its library will close early at 4 p.m. on 6 Feb. for Lunar New Year's Eve.
The practitioners' forum on documenting small audit engagements is taking place on 18 Feb. +
The next happy hour gatherings for professional accountants in business will be on 28 Feb. +
Come join the water sports interest group and the dragon boat team to participate in races in June. Training begins in March. +
The e-circular dispatch will be suspended for two weeks over Lunar New Year starting 4 Feb. and will resume the week of 18 Feb.
Tech update
The deadline for your views about the IFRIC draft interpretation on D23Distributions of Non-cash Assets to Owners and D24Customer Contribution is 31 Mar.
The current volatile market conditions have prompted the U.K. FRC and six largest international accounting networks to issue respective guidance for auditors.
Click the tab above for the new issue of TechWatch.
CPD
Come join the programme on 4 Feb. to learn about data integrity. +
Managing application software development and implementation across the border will be the theme of CPD on 21 Feb. +
For more programmes, please click the CPD tab above.
Business news
XBRL becomes mandatory
The extensible business reporting language, the computer language for filing financial statements, could soon become mandatory in the U.S., CFO.com reports. +
Fortune 100
Accounting firms including the Big Four have been ranked among the 100 best companies to work for by Fortune magazine, while Google tops the list. +
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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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