Issue no. 206 (28 May 2008)
Dear Members / Member Practices,
 
  Institute news
Banking risks
 

The Goldies Club will have its breakfast meeting again on 18 June at the Hong Kong Club, where Joseph Poon, a top executive at Hang Seng Bank, will talk about how bankers look at risk. +

 

E-passport
The latest e-passport system introduced by the Immigration Department will be theme of the Institute's IT interest group seminar on 18 June. The seminar will also cover face recognition systems and e-channels. +

Hot jobs

 

Register with CPA Source to apply for hot jobs offered by Delifrance, Franklin Templeton Investments, MTRC, City Telecom and Vtech.

Wine and karaoke
Join Merry Monday on 2 June to enjoy Australian wine and a karaoke contest at 8 p.m. at the Institute's members lounge.

Dragon boat
    Tuen Ng festival is coming. Come cheer for the Institute's dragon boat teams at Stanley Tuen Ng race on 8 June and the Hong Kong International Dragon Boat races in Shatin on 13 and 14 June.

Election seminar a hit

Click here to enlarge

 

More than 300 members attended the briefing on 21 May by ICAC about corrupt and illegal conduct arising from electioneering activities.
 
  Business news
Quake bad loans written off

China banking regulator has ordered banks to write off bad loans caused by Sichuan earthquake in an effort to help disaster victims, AASTOCKS.com reports. +


China mobile shake-up

China is overhauling its telecoms industry to make it more competitive and pave the way for the introduction of 3G services, according to BBC. +


Independence for sustainability

Top FTSE companies have been criticized for not having sustainability reports independently verified by an accounting firm, AccountancyAge.com reports. +

 
  Tech update
The Institute has commented on IAASB exposure drafts of proposed ISA 265 Communicating Deficiencies in Internal Control and ISA 402 (revised and redrafted) Audit Considerations Relating to an Entity Using a Third Party Service Organization.
   
Let us have your comments on the Institute's consultation paper on financial reporting by private companies.
   
  CPD
The last session of the China forum series on 7 June will discuss the prospects for mainland enterprises listing in Hong Kong. Click here to see photos of the third session attended by more than 500 people.
   
Presentation materials for the seminar about shifting balance of power between shareholders and the board on 20 May are available to order. +
   
Overseas and busy members can claim verifiable CPD hours by using e-seminars and e-managers. Please note that 30 Nov. 08 will be the deadline for members registered on or before 1 Dec. 05 to fulfill 120 hours (including 60 verifiable hours) over a three-year period.
 
  Mainland news

上海國家會計學院舉辦「新會計準則培訓班」的通知。+

   
中國注冊會計師協會將開展2008年會計師事務所執業質量檢查工作。+
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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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