IMPORTANT
NOTICE

Due to the office modification works on 27/F, Wu Chung House, library services will be closed on the following Saturdays: 12, 19 & 26 November and 3, 10, 17, 24 & 31 December 2022.

 

In addition, counter services at 27/F will be moved to 37/F on the following Saturdays: 10 & 17 December 2022 (09:00-12:00).

 

Please accept our apologies for any inconvenience caused.

close
spacer
search icon cross white
spacer bookmark cross
search icon
Search Tags

  Total: Bookmarks

 Bookmark(s) Click icon to add bookmark(s) to my profile

  •  Local Bookmark is Empty

 User Profile Bookmark(s)

  •  Profile is Empty
MENU
spacer
bookmark cross white
A
search icon cross white
search icon
Search Tags

  Total: Bookmarks

Click icon to add bookmark(s) to my profile

 Bookmark(s)

 User Profile Bookmark(s)

close

Forgot password / username Re-send activiation email Register an account Help with web login

Corporate practice

After the further reform of the regulatory regime of accounting profession introduced by the Financial Reporting Council (Amendment) Bill 2021, the Accounting and Financial Reporting Council (“AFRC”) is responsible for, among other things, the registration of corporate practices under the Accounting and Financial Reporting Council Ordinance (“AFRCO”).

 

Corporate Practice (Professional Indemnity) Rules

According to Section 20AAZY of the AFRCO, the professional indemnity insurance should be provided on terms approved by the HKICPA and that the insurer should also be approved by the HKICPA. The Corporate Practices (Professional Indemnity) Rules can be found here. The requirements in relation to professional indemnity insurance can be found here.

 

Corporate Practice (Model Article of Association)

According to Section 20AAZX(6) of the AFRCO, the articles of association of the corporate practices must comply with the requirements made by the HKICPA. The Model Article of Association can be found here.

gotop