We have moved! The student and member services counter at Lippo Centre has been moved to 27/F Wu Chung House, 213 Queen's Road East, Wanchai on 1 July 2006. The Lippo office is now closed. The new space covers about 25,000 square feet, occupying the whole floor. It accommodates great facilities such as a comfortable lounge for informal gatherings, a lecture theatre for CPD seminars and forums, state-of-the-art meeting rooms, and a well-equipped library for research and study. Come to visit us and have a chat with the personnel of Student Education and Training Department!

Student Services Committee

The Student Services Committee (SSC) is responsible for matters pertaining to developing services for our Institute's registered students. Under chairperson Dr. Cho Lung Pui Lan, Stella, the roles of SSC are to oversee examination assistance for candidates taking the QP. The committee also organizes training seminars, technical updates and social gatherings. The committee publishes a monthly e-newsletter, Prospective CPA. Right now, the committee is working on a survey about the supply of accountants.

The committee is organising a Chinese Mainland exchange tour and Toastmasters Club activities. If you have comments or suggestions about student services and activities, please send them to us by email at etd@hkicpa.org.hk.

PricewaterhouseCoopers: Authorised Employer

PricewaterhouseCoopers (PwC) is the largest employer of QP students in Hong Kong and currently recruits around 640 QP students among its staff members. PwC prides itself at providing excellent support to ensure that its QP students get all the help and advice they need. "All our managers and senior managers act as counselors so there's plenty of expertise on offer for them to call on," explains director of human resources Cameron Sloan. Click here for more details.

Examination Results

Examination results for the February 2006 modules A and C and the June 2006 final professional examination will be announced on 7 and 19 August 2006 respectively. CPA QP candidates who have applied for a student login account may view their results online within two weeks from the official result release date. If you do not have a login account yet, visit our website for information on how to obtain one. Good luck to your examinations!

The Hong Kong accounting and audit job market has been at its most buoyant stage for recent years. According to research conducted by Ambition, accountants switching jobs in general finance positions over the last six months have generally been rewarded with pay rises of 8 to 10 percent. For more specialised positions such as internal audit, candidates can command salary increases of around 20 percent.

According to Guy Day, managing director for Asia at Ambition, pay rises are driven to a large extent by the availability of talents. The harder-to-fill jobs command higher premiums.

For more details on recruitment hot spots, trends in pay and staff turnover, click here to see Ambition's report on the accounting and audit job market in 2006.

Enrolment Deadline

The September 2006 intake for modules A & C will commence on 11 September and the enrolment deadline is 11 August 2006. Please click here for enrolment application details.

Practical Experience Framework
List of Authorised Employers / Authorised Supervisors

• The Institute's Council has recently approved 19 applications for registration as Authorised Employers (AEs) and 24 applications for Authorised Supervisors (ASs). Please click here for the list of newly registered AEs and ASs.
• A full list of all Authorised Employers and Authorised Supervisors is available at the Institute's homepage.
  
  
  
  
  

Newly Accredited Accountancy Programmes under the CPA QP

The following degree programmes have been accredited as approved accountancy degree programmes for direct entry to the Institute's QP. The accreditation runs for two years with immediate effect until May 2008:

• Self-funded BCom (Hons) in Accountancy, Hong Kong Baptist University
• Full-time BA (Hons) Accounting (Hong Kong), Napier University (offered in collaboration with Community College, City University of Hong Kong)

For the full list of accountancy programmes accredited by the Institute, refer to our homepage.

The South African Institute of Chartered Accountants

The South African Institute of Chartered Accountants (SAICA) is the pre-eminent accountancy body in South Africa. It has established itself as one of the leading institutes in the world since 1980, playing its part in a highly dynamic business sector. It provides a wide range of support services to its members enabling them to play a key role in developing the rapidly changing South African economy. It has over 24,500 members worldwide.

Through the reciprocal membership agreement signed between the SAICA and the Institute in 2002, Institute members who are qualified through our CPA QP and trained under an authorised employer / supervisor registered with the Institute may apply for the prestigious SAICA membership (other conditions apply). You can find more details about the SAICA from its website at https://www.saica.co.za.

Free Guide on Small and Medium Entities Business Planning

A new guide for small and medium entities, aimed at helping them and their advisors in small-and medium-sized accounting practices to develop business plans, is available free from International Federation of Accountants' website. Click here to download.

	Technical articles		CPA Source		A Plus
	CPD programmes		e-Learning programmes		New books
	HKIAAT news		TechWatch

	Student Education & Training Department Hong Kong Institute of Certified Public Accountants 27/F, Wu Chung House, 213 Queen's Road East, Wai Chai, Hong Kong . Tel: 2287 7236 / 2287 7099
	Do you have any comments or suggestions for the e-newsletter? If so, we would like to hear from you. Write to us at etd@hkicpa.org.hk

Copyright © 2006 Hong Kong Institute of CPAs. All rights reserved.