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This month at the Institute (December 2023)
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New Council and leadership
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Congratulations to the new Council and leadership for 2023-24. Mr. Leung Sze Kit, Roy has been elected President of the Institute, while Mr. Au Chun Hing, Edward and Mr. Law Cheuk Kin, Stephen, JP have been elected as Vice-Presidents. See the full list of new Council members here.
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Season’s greetings
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Warmest wishes from the Hong Kong Institute of Certified Public Accountants. May this festive season bring joy, happiness, and prosperity to you and your loved ones.
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Annual report 2023 published
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The Institute's 2023 annual report is available now. Coinciding with the 50th anniversary of the Institute, the report’s theme, “Accounting for Success Now and Beyond,” encapsulates the Institute’s dedication to not only achieving success with the profession in the present, but also embracing the future with resilience and vision. The report includes a glimpse at some of the Institute’s most significant milestones, charting our path so far and taking stock of the magnificent legacy left by those before us. Each chapter includes a photo collage that reflects the rich and dynamic history of the Institute and the profession in their interactions within and with the broader society. Read the report now.
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Navigating the Tech Wave: A Study of Technology Adoption by Small and Medium Accounting Practices in Hong Kong
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While technology innovation has become a key driving force for growth and competitiveness, small and medium practices (SMPs) face unique hurdles in embracing digital transformation.
To delve into the intricacies of this complex scenario, the Institute has conducted a series of interviews with SMPs and technology vendors. The findings shed light on the inherent challenges in digital transformation that SMPs face, such as costs and the need for training and development. It also highlights the potential benefits, and offers strategic insights to gain a competitive edge while overcoming risks. In mapping out the current landscape, this piece proposes the way forward for the adoption of technology by SMPs in Hong Kong.
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Importance of CPD declaration
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50th Anniversary Gala Dinner
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Members should be reminded of the importance of declaring continuing professional development (CPD) compliance annually for membership renewal. CPD records in MyCPA on the Institute website do not equate to a declaration of CPD compliance, and submission of the CPD declaration with your Annual Return for Renewal is still required. Failure to declare CPD compliance will result in non-renewal of membership. Learn more about CPD requirements. Other FAQs on CPD are available here.
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The remarkable event was successfully held on 4 December at the Convention Hall of Hong Kong Convention and Exhibition Centre. Under the theme "Accounting for Success Now and Beyond", the occasion was a joyous celebration of our achievements over the past half century, as well as the Institute’s continued efforts to facilitate the profession’s continued role as mainstays of Hong Kong's development. We were delighted to have the Honourable John Lee, Chief Executive of the Hong Kong Special Administrative Region present as the Guest of Honour. Over 500 guests and members were in attendance at this extraordinary celebration filled with glamour, laughter and memories. Click here to see the highlights.
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The abridged minutes from the November 2023 Council meetings are now available. Log into your member’s account to view them.
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Latest offers of merchandise discounts
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Enjoy exclusive offers and discounts from our Merchandise Discount Programme. Please present your valid HKICPA membership card upon purchase. Below are some of our latest offers:
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Special Christmas buffet and high tea offers
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Exclusive discounts on practical online training courses
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Extra $20,000 cash credits and other benefits for gasoline vehicle trade-in
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Discount on new vehicle retail price of specific Mercedes-Benz passenger models
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Sports and recreational events
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Cross Border Competition
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The Institute is thrilled to have successfully organized the annual cross-border sports competition on 17 December with the Guangzhou Institute of Certified Public Accountants (GZICPA) and the Shenzhen Institute of Certified Public Accountants (SZICPA) once again.
The competition featured intense matches in badminton and table tennis between the representative teams of the three institutes. Here are the results of the competitions. Congratulations to all the athletes for their outstanding performances! Click to see the photos.
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Badminton competition:
Champion: The Institute
1st runner up: GZICPA
2nd runner up: SZICPA
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Table tennis competition:
Champion: SZICPA
1st runner up: The Institute
2nd runner up: GZICPA
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Winning the awards at the RSCP Snooker Tournament 2023
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RSCP Volleyball Tournament 2023
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The Institute's snooker team participated in the RSCP Snooker Tournament 2023 held on 3 December and won the Singles Champion, Blue Ball shoot-out Champion, Shoot-out 2nd runner up and Overall 2nd runner up. Click to see the photos.
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The first ever volleyball team has been formed to participate at the RSCP Volleyball Tournament to play against architects, barristers, doctors, lawyers and surveyors on 17 December. Click to see the photos.
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CPA Table Tennis Competition 2023
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CPA Football Competition 2023
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Congratulations to the winners of the CPA Table Tennis Competition held on 2 and 10 December: Chan Kwan Lok (Men’s singles – Golden Cup), William Chan (Men’s singles – Silver Cup), Chan Ka Yan (Women’s singles), James Lee and Joel Wong (Men’s doubles), Chan Ka Yan and Karen Leung (Women’s doubles) and Kelvin Lam and Karen Leung (mixed doubles). Click to see results and photos.
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The CPA Football Competition – Final and Third-place Play-off was held on 17 December. Congratulations to the winning teams: HLB (Champion), Alliance (1st runner up), Grant Thornton (2nd runner up) and DFC (3rd runner up). Click to see results and photos.
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Activities for young members
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Available period: now until 15 August 2024
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Available period: now until 30 November 2024
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Reminder: Mentorship Programme 2024-25
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Don’t miss the opportunity to join the Mentorship Programme 2024-25 to enrich your development or contribute to the profession. Members with less than seven years of post-qualification experience may apply to become a mentee, while those with seven or more years, a mentor. Submit your application by 19 January 2024.
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Other upcoming activities
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Date: January – April 2024
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