Issue no. 223 (25 September 2008)
Dear Members / Member Practices,
 
  Institute and Hong Kong news
       
 

Financial reporting: Hong Kong, China, the worldThe Hong Kong Institute of CPAs’ Financial Reporting Forum 2008 is bringing together speakers from the Institute, the International Accounting Standards Board, and the Ministry of Finance to discuss the most important development of international standard setting in the world today.

This forum is for standard setters, preparers and auditors, for CEOs, CFOs, professional accountants and others interested in financial reporting.

Sign up now to join and hear the latest news and views in standard setting from an international and
local perspective. +

  
       
National Day dinner rescheduled
Due to No. 8 typhoon signal on 23 Sept., the National Day celebration dinner has been rescheduled to Sunday, 5 Oct. The time and venue remain unchanged at 6.30 p.m. at Hong Kong Convention and Exhibition Centre. +
Committee members wanted
Serving on the Institute's committees can be a fulfilling experience and can strengthen the profession, expand your skills and build your network. Nominations for 2009 have begun; see the chief executive's letter for details. +
Estate planning in the mainland
Planning for your estate succession in the mainland can be baffling but the mainland business interest group's seminar on 21 Oct. will have two mainland legal experts to answer your questions. +
Training mission
Become a QP workshop facilitator to pass on your CPA career experience. It is also a good opportunity to refresh your skills and knowledge.
 
  Member services
Merry Monday reminder

Join the Merry Monday gathering on 6 Oct. and to learn more about professional image. +

Last call for golf

 
Here is your last chance to enrol in the CPA golf tournament on 15 Oct. +
 
Click here to see the at-a-glance calendar for more member activities.
 
  International news
End of Wall Street investment banks
Goldman Sachs and Morgan Stanley have abandoned their status as investment banks to become traditional bank holding companies, marking the end of an era on Wall Street, TimesOnline.com reports. +
Nomura buys more Lehman units
Japan's largest brokerage Nomura says it will buy the European and Middle Eastern operations of Lehman Brothers, in addition to its acquisition of the failed U.S. investment bank's Asian units, BusinessWeek.com reports. +
South Africa conference
You are invited to the South African Institute of Chartered Accountants' financial services conference on 24-25 Nov. in Johannesburg to explore business opportunities. +
 
  Tech update

IASB responds to credit crisis

In response to the credit crisis, IASB issues a draft report on measurement and disclosure of fair value when markets are no longer active. +

IFRS vs. U.S. GAAP

Deloitte has issued a guide comparing IFRS and U.S. GAAP. +
 
  CPD
Effective CV
The workshop on 30 Oct. will teach you how to write a competitive financial services CV. +
New collaboration technology
Come explore the latest technology on improving information flow within and outside your company on 27 Oct. +
CPD tips
While updating your CPD records in "My CPA" on the Institute's website is a good way to track progress, you still need to submit an official CPD declaration form during membership renewal. Click here for FAQs.
 
To enrol in CPD programmes, please click here.
 
  Mainland news
企業會計準則解釋
財政部為了全面貫徹實施企業會計準則，落實會計準則趨同與等效，印發了企業會計準則解釋第2號的通知書。+
企業財務會計決算
財政部就關於2007年度企業財務會計決算工作情況發出通報。+
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