This month at the Institute (27 May 2021)

Hong Kong CPAs and the Greater Bay Area Survey

The Institute’s Greater Bay Area (GBA) Committee is interested in hearing the views of members and Qualification Programme students about the GBA, and the opportunities they think are in the Mainland cities of the GBA for Hong Kong CPAs. To collect these views a short survey has been prepared. It should take less than seven minutes to complete the survey.

The results of the survey will be used by the committee to inform and evolve the Institute’s GBA strategy and initiatives. Findings will also be published in a public report.

All responses are anonymous and the survey is open until 8 June.

Announcement

CPA Virtual Run 2021 results announcement

The final results of the CPA Virtual Run 2021 are now available. Congratulations to all the awardees and thank you all the runners, sponsors, supporting organizations and helpers for making this event a success.

Almost 330 members enrolled in the event, which the Institute hopes has sustained your interest to stay motivated and active. Remember to collect your finisher pack by 30 June.

New publication

A Plus – Responding to the public

The April issue of A Plus features John Chu CPA, Director of Audit, on the important role the Audit Commission plays in addressing the city’s needs, and the most fulfilling aspects about his long career in the public sector. Other articles include a Small and Medium Practices (SMP) Committee roundtable discussion on the many pressing challenges SMPs face in Hong Kong and how the Institute can help; a look at the rise of green finance in the city and the role accountants can play, and interviews with Joseph Ho CPA, ex-group head of tax, Asia, the Middle East, Europe and Africa at BT; and CPAs who took part in the CPA Virtual Run.

Institute updates

Recruiting QP workshop facilitators

The Institute is now recruiting workshop facilitators for the new Qualification Programme (QP). Members are invited to join us in unlocking the potentials of future-ready accountants. The general requirements for facilitators are:

Having a minimum of four years' membership with the Institute;
Holding or recently held a responsible position in a professional, business, government or academic organization;
Having a working knowledge and demonstrated technical competence in the module subject matter; and
Good command of spoken English.

The closing date for application is 15 June. Click here for further details. For enquiries, please email workshopadmin@hkicpa.org.hk.

New webpage from the Standard Setting Department

Visit the recently launched “What’s new” webpage for the Standard Setting Department’s latest publications, webcasts, and comment letters. The page is a one-stop shop for the latest on standard setting. You can also follow the department on LinkedIn.

FRC signs a MoU with the Institute

The Financial Reporting Council (FRC) and the Institute signed a Memorandum of Understanding (MoU) on 6 May to enhance efficient and effective cooperation and coordination of their respective functions. Under the MoU, the FRC and the Institute agree to refer cases to each other, and to share information to assist each other in the timely exercise of their respective functions. Read the press release for details.

Specialist interest groups

The Institute is dedicated to supporting members’ specialization. There are a range of specialist interest groups (IGs) which provide platforms for members working in sectors to exchange views and discuss matters of common interest and concern. The IGs also organize seminars, local visits and study tours.

Membership of the IGs is free of charge. Click here to learn more and join as many as you want.

Recently qualified members, join the ICAEW at a special rate

Members who qualified through the Qualification Programme in or after 2012 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 yamen.cheung@icaew.com

Institute updates

Groundbreakers: Gen Z and the Future of Accountancy

The Association of Chartered Certified Accountants and the International Federation of Accountants have jointly published a research report entitled “Groundbreakers: Gen Z and the Future of Accountancy” to unveil the aspirations and fears of this up-and-coming generation. The report draws upon the responses of 9,000+ 18-25 year olds to gain insights into how Generation Z’s top concerns may influence what they want from their careers, what attracts them to organizations, and their views on accountancy, business, and the impact of COVID-19.

HKICS Fast Track Professional route

The Hong Kong Institute of Chartered Secretaries’ (HKICS) Fast Track Professional route enables qualified lawyers or accountants who wish to become Chartered Secretaries and Chartered Governance Professionals to join the body. After fulfilling certain requirements, they are only required to complete two of the seven modules, namely Corporate Governance and Risk Management, under the Chartered Governance Qualifying Programme before being eligible to apply for membership of The Chartered Governance Institute and HKICS. Click here for details.

Convenience with eTAX

The Inland Revenue Department (IRD) encourages taxpayers to consider filing their tax return through the IRD’s eTAX gateway to enjoy personalized online tax services. To save paper, taxpayers can select to receive electronic notices and documents.

Install the HKICPA Events app

Disclaimer: Some sections contain information from outside sources. We endeavour to link to reputable sources but the Institute is not responsible for the accuracy of the content and the content does not necessarily represent the views of the Institute.

This email together with the file(s) transmitted is intended solely for addressee(s) only and may contain confidential or privileged information. If you received this email in error, please contact the sender and delete it together with its attachment(s) from your computer(s). You should note that the views expressed in this email are those of the author and do not necessarily represent those of the Institute. The recipient should check this email and all attachments for the presence of virus. The Institute will not accept liability for any damage caused by any viruses transmitted with this email.

Manage communication preferences | Privacy policy | Personal information | Contact us