News

Issue no. 216 (11 August 2008)

Dear Members / Member Practices,

Institute and Hong Kong news

LegCo forumHundreds of members (including webcast viewers) were drawn to the LegCo election forum on 5 Aug. The event showed members' interest in the candidates and if you missed the forum, the webcast has been posted on the website. The final forum will be held on 2 Sept. and enrolment details will come soon.

Olympic accountants

Hong Kong people are joining billions of others all over the world for the Beijing Olympics. Our members who are active in sports are especially excited. The latest issue of A Plus features members who are accomplished in ping pong, dragon boating and equestrian sports.

Sanford Yung talks at Goldies Club

Sanford Yung, founding chairman and senior partner of Coopers & Lybrand (now part of PricewaterhouseCoopers) will give a talk on "An accountant's accounts" at the Goldies Club on 10 Sept., which for the first time will be held in the evening. +

Information exchange consultation

The Financial Services and the Treasury Bureau is seeking the profession's views on liberalization of information exchange in comprehensive double taxation agreements. +

Hot jobs

Employers in accounting, finance, management and manufacturing are looking for CPAs. Visit CPA Source for details. +

Corporate governance conference

Members get special discounts for the Hong Kong Institute of Chartered Secretaries' corporate governance conference on 12 and 13 Sept. +

Member services

Bridge winners

The CPA team won the championship of the inter-professional bridge competition organized by the Hong Kong Contract Bridge Association on 28 July. Click here to see the convener's message and here for photos.

PAIB happy hour

Come network with professional accountants from various business sectors on 28 Aug. Admission is free. +

	International accounting and business news

PCAOB approves succession rule

The U.S. Public Company Accounting Oversight Board has approved a new rule that allows accounting firms to keep their registered status after a merger or change of name. The new rule is intended to protect auditors from stopping work because of a gap in their registration status, CFO.com reports. +

Steps to reduce standards complexity

U.S. Securities and Exchange Commission has called on standard setters to change their approach in designing accounting rules after criticisms on standards for being obscured by dense language, detailed rules and numerous exemptions, AccountancyAge.com reports. +

Tech update

TechWatch 70 published

The latest TechWatch covers invitation to comments on IASB draft pronouncements and Institute comments on the Companies Ordinance rewrite consultation. Click the tab above for more.

Invitation to comments

Please give your views to the following:

	IASC Foundation discussion document of Review of the Constitution: Public Accountability and the Composition of the IASB - Proposals for Change by 1 Sept. +

	IESBA exposure draft on the Code of Ethics for Professional Accountants - Proposals to Clarify in relation to the Drafting Conventions Project by 10 Sept. +

CPD

CPD Online published

Check out the new CPD Online above for latest programmes.

Free CD-ROM

A free copy of CD-ROM for CPD course in facility management is available at the Institute counter on first-come-first-served basis. The CD contains presentations and research papers by the Hong Kong Institute of Facility Management.

Relevant CPD courses

What's relevant to your professional development? It's a good question when choosing CPD courses on leadership and other non-technical skills. Check here for FAQs

To enrol in CPD programmes, please click here.


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