Important
Notice
  • In light of the recent situation in Hong Kong, please login to the QP Learning Centre to check the noticeboard for the special arrangements for QP Workshops.
  •  

  • In considering the unforeseen circumstances in Hong Kong and safety issues these entail, the Institute has decided to call off the Cross-straits, Hong Kong and Macau Accounting Profession Conference 2019 which was scheduled to be held on 27-28 October 2019 at the Kowloon Shangri-la Hotel. We are closely monitoring and reviewing the situation and any further announcements about rescheduling the Conference will be made in due course.
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

Professional standards monitoring

 

The Institute has been operating a programme of professional standards monitoring (PSM programme) since 1988. The PSM programme monitors compliance with professional standards by members engaged in the preparation or audit of financial statements. The objective of the PSM programme is ultimately to enhance the quality of financial reporting and the application of professional standards in Hong Kong.

 

Under the PSM programme, reviews of published financial statements, predominantly of listed companies, are carried out to identify any potential issues relating to the application of professional standards. Correspondence is exchanged with auditors and preparers in respect of the identified matters. Suggestions are given by the Quality Assurance Department to members on how to enhance the quality of the future financial statements.

 

The Professional standards monitoring expert panel was formed in 2009 to provide expert advice to the Institute regarding running the PSM programme.

  

gotop