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For CPA Hugo Cheung, Assistant Internal Audit Manager at data centre provider SUNeVision Holdings Ltd., the constant pursuit of knowledge is the key to providing value.
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Perpetuity growth model and terminal value in DCF
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In financial management, the perpetuity growth model is commonly used to estimate the terminal value (TV) of an investment, project, or company beyond an explicit forecast period in a discounted cash flow (DCF) valuation.
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Top students and QP graduates of the December 2025 session
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Congratulations to the 553 QP graduates who have successfully completed the QP in the December 2025 session, and 14 candidates who were awarded the top students prizes.
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Updated examination regulations
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Effective from the June 2026 examination session, the possession, wearing, or use of any smart devices during QP examinations is strictly prohibited. This includes, but is not limited to, smartphones, smart glasses, smart watches, smart earbuds, or fitness trackers etc. Any violation of this rule may result in disqualification from the entire examination session and/ or subject to further disciplinary action and sanctions pursuant to the Professional Accountants By-laws.
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Reminders on workshop rules and examination regulations
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QP examinations move to a higher grade
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A new computer-based system promises to deliver greater convenience, efficiency and fairness to QP candidates.
In today’s digitally driven world, there aren’t many things we do on paper any more. We no longer record audit results on paper, for example, or use physical documents while presenting project evaluations. So it makes sense to sit our exams in the same way – which is one of the key reasons why the HKICPA is transitioning the Qualification Programme (QP) to a computer-based examination (CBE) system.
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A warm welcome to the 12 Authorized Employers and 21 Authorized Supervisors (AS) who have recently joined the Institute's Practical Experience Framework ("PE Framework")!
Regular communication with your Counselor/ AS is crucial in supporting your technical and enabling competences development. It's about time to meet with your Counselor/ AS for an interim review to discuss training progress and update the Training Records. Please click here for more details regarding the PE Framework requirements.
For students who have already completed the QP with sufficient practical experience for membership admission, remember to submit your membership applications on or before 11 May 2026. If you have gained practical experience under legacy PE Framework, please submit the signed Training Records and the completed Conversion Report. Click here for all essential information.
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The event series is organized by the Professional Accountants in Business (PAIB) Committee, with the aim of providing a dynamic platform for engaging discussions and lively exchanges among PAIBs. Guest speakers are invited to discuss various subjects in a relaxed conversational format, including their success stories in different business fields. Explore the archived sessions!
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YMC career insights series
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Organized by the Young Members Committee (YMC), these events feature sharing sessions by young CPAs on their career progression in various industry fields and business roles, encompassing finance, private banking, technology, legal, sustainability consulting, FinTech, transitioning from the Mainland to Hong Kong, e-commerce business sector and strategy consulting. Archived sessions are accessible.
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CPA Graded Bowling Competition 2026
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Whether you are a novice or an experienced bowler, don’t miss the chance to take part in this challenge.
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Choreography dance involves the specification of human movement and form in terms of space, shape, time and energy, typically within an emotional or non-literal context. Come to join the Choreography dance class organised by the Dance Interest Group (DIG)!
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Dragon boat training course
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Everyone, from beginners to experts, is invited to enhance their paddling and racing techniques.
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Cha Cha Cha – elementary I
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The Dance Interest Group (DIG) has organized a 4-session Latin/ Ballroom dance class monthly. While students are welcome to bring friends who are interested to join, priority will be given to members.
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CAB: your QP milestone, your career edge
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Over 2,000 professionals have already achieved the CAB milestone in their QP journey. Top employers value CAB holders for their adaptability, problem solving, and workplace ready skills. These strengths open doors not only in accounting but across diverse business careers. Hear their voices in our new video: Employers' Voices.
Your next steps:
1. Apply for CAB during your QP journey
2. Showcase your digital badge on LinkedIn & social media
3. Highlight CAB in your CV to demonstrate achievement
Don’t miss your chance — Apply today and let CAB amplify your success!
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