Specialist faculties

Acknowledging the importance of specialized areas of practice (such as tax, insolvency, corporate finance, etc.) for the accountancy profession in Hong Kong, the Institute provides members with specialization support to excel in all professional fields related to their qualification and training. 

The Institute enhanced its training infrastructure by introducing a four-tier structure for specialization support, in which the faculties and interest groups play an important part. Faculties aim to develop as centres of excellence in specific fields of expertise and to enhance support for faculty members working in that sector.

• Basic framework on structure and operation

Objectives of faculties

Broadly, the role of faculties encompasses:

• Promoting best practice in the relevant specialized fields, with the aim of helping to raise industry standards.

• Providing facilities, services and support (e.g., continuing professional education, technical information and publications), to assist faculty members in carrying out their work in the specialized field.

• Acting as the professional and public interest voice of the Institute, and of the relevant industry sector generally, in specialized fields, and maintaining and strengthening the reputation and standing of the Institute and the relevant industry sector.

Currently, the Institute has established the following faculties: 

• Restructuring and insolvency faculty
• Taxation faculty