Issue no. 220 (4 September 2008)
Dear Members / Member Practices,
 
  Institute and Hong Kong news
       
 

CPAs, vote!Cast your vote this Sunday to elect a CPA to represent you at LegCo. Exercise your privilege and fulfill your responsibility to the profession. To view the last forum organized by the Institute on 2 Sept., please click here.

 

Hot money  

 

A surge of speculative funds has complicated China’s monetary policies, according to the September issue of A Plus, and WuXi PharmaTech CFO Benson Tsang recounts the challenges of listing in the U.S. See the main stories here and look for your copy coming soon.  

National Day
Chinese National Day celebration dinner takes place on 23 Sept. Book your seats now or subscribe to the compliments listing in Ming Pao and Wen Wei Pao. +

Annual dinner    
  This year's annual dinner will be held on Wednesday, 3 Dec. at the HKCEC with Prof. K.C. Chan, secretary for financial services and the treasury, as the guest of honour. Save the date and watch for more details in coming e-circular.

Financial reporting forum

If you are an SMP or account preparer, you may wish to attend the forum on 16 Sept. to express your views about the consultation on private company financial reporting and proposed changes to the SME financial reporting standards and framework. +


Reminder: Mainland labour dispute seminar

The implications of the Mainland Labour Dispute Mediation and Arbitration Law, effective since 1 May, will be theme of the mainland business interest group's seminar on 22 Sept., organized with HKTDC. +


Other events
The next professional accountants in business happy hour gathering will be held on 25 Sept. +
   
Members are invited to support the dress special day organized by the Community Chest on 30 Sept. +
   
Members are welcome to join the Hong Kong Trade Development Council's six-minute business dating cocktail on 30-31 Oct. +
 
  Member services
Golf

Come join the CPA golf tournament on 15 Oct. at the Hong Kong Golf Club to contend for the Wong Tan cup and Deloitte Touche Tohmatsu trophy. +


Latin dance

Elementary and intermediate levels of Latin dance are now open for registration. +

 
Click here for the at-a-glance calendar for more membership events.
 
  Tech update

Handbook update

Members' handbook update no. 53 contains issuance of HK(IFRIC)-Int 15 Agreements for the Construction of Real Estate and HK(IFRIC)-Int 16 Hedges of a Net Investment in a Foreign Operation. +

TechWatch 71

The latest TechWatch covers Companies Registry new sample form and Chinese translation of reporting on charitable fund-raising activities. Click the tab above for more.
 
  CPD
Annual accounting conference
The annual accounting update conference, which is one of the year's most popular events, will be held on 4 Oct. +

Negotiation skills
The workshop on 27 Sep. will introduce ways to advance your negotiation skills. +

E-learning
Overseas and busy members can claim verifiable CPD hours by attending learning activities outside classrooms, such as e-seminar and e-manager. Click here to enrol.

CPD Online
Check out the new CPD online above for new courses on Hong Kong Code on Takeovers and Mergers, and IT security for corporate governance.
 
To enrol in CPD programmes, please click here.
 
  International news
Closing the GAAP
A landmark vote by the U.S. SEC is paving the way for companies to switch to IFRS, Economist.com reports. +

Going concern guidance
The U.K. Financial Reporting Council is proposing to revise guidance for directors of listed companies on going concern and financial reporting. +
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