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Implementation Phase

New Qualification Programme

The new version of the QP aims to ensure professional accountants are trained with the necessary technical knowledge, skills, practical experience, expertise and ethics that can support Hong Kong as an international business and financial centre. It also ensures the CPA qualification is in step with the continual changes in business needs and professional markets in Hong Kong as well as international best practices.

The new QP comprises a progressive qualifying process of three levels, namely Associate Level, Professional Level, and Capstone Level. It integrates technical knowledge across fields of expertise in accounting, business and finance while also developing professional skills in analysis and critical thinking, problem-solving and leadership.

 

New QP charts

 

The three levels of the new QP will be rolled out stage-by-stage with the first examination session for the Associate Modules, the Professional Modules and the Capstone to be held in June 2020, December 2020 and June 2021 respectively. As we move towards milestones leading up to the first examinations, changes will start to take place as early as September 2019, such as introduction of new Student Information System for online registration and publication of new study packs for exam preparation.

More details about the new QP can be found in the Position Paper.

 

Consultation paper cover

 

Please click pdf version or e-book version for the Position Paper and its dedicated web page.

 

Preparation of launch system and study materials

To take the QP into the new era, the Institute has commissioned PCCW to develop a new Student Information System and John Wiley & Sons, Inc. to produce the new study materials.

Student Information System

The Student Information System is currently being built by PCCW and is based on the Oracle Campus Solution. It will provide a one-stop automated platform for QP students to effectively manage their pathway and progression to the new QP. The Student Information System will be ready for new QP student registration in September 2019.

Study materials

A set of study materials is currently being developed by Wiley to support QP students in their self-study for the new QP.

Wiley will create materials for the new three-level professional programme to equip QP students seeking the Institute's world-class CPA with the knowledge, skills, and competencies necessary to attain their credential and lead as a CPA. The Associate Level study materials will be ready for new QP student registration in September 2019, with Professional Level and Capstone Level materials available at a later date.