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This month at the Institute (23 February 2023)
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Institute’s response to the 2023-2024 Budget
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The 2023-2024 Budget was announced on 22 February and numerous suggestions made by the Institute in its budget submission were adopted. The Institute welcomes the Budget for its comprehensive approach in addressing the needs of all sectors of society. It is hoped that the Budget will help the city get back on track, revive the economy in the post-COVID era, and reconnect Hong Kong with the international community. However, the Institute believes that the Government could also formulate more targeted measures so as to enhance Hong Kong's competitiveness in the medium and long term. Read the Institute's press release to learn more.
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Keeping CPD records and documentary evidence
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Members are required to keep the continuing professional development (CPD) records and documentary evidence of verifiable CPD hours for a minimum of five years. Members selected for CPD compliance audit will need to provide the records and supporting documents for verification. Learn more about keeping CPD records and find other FAQs about CPD here.
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First quarterly issue of A Plus and new website
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The first quarterly issue of A Plus was released alongside a newly refreshed website. With a redesigned layout for easy browsing, the new A Plus website delivers a brand new experience catered for difference devices to keep you up to date with the latest developments impacting the profession. Enjoy content carefully curated to help you catch up with Institute, accounting and business news and insights, and learn from success stories in the industry.
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In the first quarterly issue, Institute President Loretta Fong talks about what the Institute’s new chapter means for members as it enters its 50th anniversary, and how it will help CPAs thrive amid change. Other articles include the new skills and experience chief financial officers need for transition to chief executive officer, and sharings by the winners of the Best Corporate Governance and ESG Awards 2022 about their experience of increasing board diversity.
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New committee appointments
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The appointments to the new term of the Institute’s committees and panels to support the activities of the Council have been finalized. Learn about the various committees and their compositions for the year ahead.
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Participation in the Government’s Strive and Rise Programme
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Visit to the ICAC with sharing by anti-corruption professionals
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The Institute participated as one of the supporting organizations in the Government’s Strive and Rise Programme to help address intergenerational poverty and uplift underprivileged students. 16 Accountant Ambassadors signed up as programme mentors, and one of whom hosted a financial training session for about 80 mentees and mentors to help inspire better money habits and gain a deeper insight into financial knowledge.
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Join the visit programme on 11 March to hear from senior officers of the ICAC about the common corruption risks in business organizations, the guardian role of professionals in upholding ethical governance and more. Participants will get to know the Operations facilities in the ICAC Headquarters Building through a guided tour including the Video Interview Room, Identification Parade Compound, Detention Centre, and ICAC Exhibition Hall.
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Latest offers of merchandise discounts
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Enjoy exclusive offers and discounts from our Merchandise Discount Programme. Upon purchase please present valid HKICPA membership card. Below are some of our latest offers:
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Free first consultation fee and special package offers
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Exclusive hotel accommodation offers
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BOC HKICPA Platinum Card – 2X reward gift points
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Apply now for the BOC HKICPA Platinum Card to enjoy double bonus points for settling payments to the Institute – including annual subscription fees and event enrolment fees. The card also serves as your Institute membership card for attending our events. This promotion is valid until 31 December. Click here for details, benefit and features.
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Sports and recreational events
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Table Tennis friendly match
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The Institute's table tennis team participated in the friendly match with the four table tennis teams representing the Hong Kong Dental Association, Hong Kong Medical Association, The Law Society of Hong Kong and 鎧旋體育會 on 5 February. Congratulations to our team for being the 1st runner up after the series of matches. Click to see photos.
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AC Fun Run 2022
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The prize presentation ceremony of the AC Fun Run 2022 was successfully held on 7 February. More than 90 guests attended the ceremony, including our organizing committee members, winners, as well as representatives from sponsors, government departments and supporting organizations. Click to see photos.
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1st Mini Bridge Tournament 2023
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Congratulations to Francis Hui and Fung Siu-fan for placing first in the 1st Mini Bridge Tournament 2023 held on 11 February, while Lui Tat-ying and Tong Yat-chong came second, with Heidi Lau and Lau Suk-wah coming in third. Click to see photos.
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CPA Marathon Competition 2023
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CPA runners from all race categories of the 25th Standard Chartered Hong Kong Marathon are welcome to attend the prize presentation ceremony of the CPA marathon competition to be held on 24 April. Trophies will be presented to those with outstanding results. Submit your race time and stay tuned for event details.
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Other upcoming activities
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Recently qualified members, join the ICAEW at a special rate
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Members who qualified through the Qualification Programme in or after 2014 can apply to join the Institute of Chartered Accountants in England and Wales (ICAEW) at a special rate. Find out more about the scheme here. Enquiries: ICAEW Hong Kong office - tel. no. 3653 7015; email candice.tang@icaew.com
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