Issue No. 133 (November 2022)

CPA Insights

Money in the Metaverse

Andy Yiu, Head of Corporate Finance with BOA Financial Group and Co-founder of BOAX Limited, is using his CPA skills to build the future of finance. He shares how QP equips him with a skillset that is very transferrable and crucial for career advancement.

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Tech Source

Generic IT Skills for Accountants in 2022

Nowadays, being able to use information technologies and software applications smartly and strategically can assist accountants to enhance productivity, reduce workloads, and improve operational efficiency and quality. Chris Cheng, Senior Lecturer of Department of Accountancy, The Hang Seng University of Hong Kong introduces four common types of technological business applications and skills in this article.

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Student Matters

Top students and QP graduates of the June 2022 Session

Congratulations to the 743 QP graduates who have successfully completed the QP, including the 18 candidates who were awarded the top student prizes of the June 2022 session.

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QP examination support

To support your preparation for the QP examinations, the Institute have developed a series of Module Preparation and Examination Techniques videos that aim at reinforcing your understanding of major or difficult topics and polish your examination techniques. The videos will be available on the QP Learning Centre by November 2022.

Practical experience

The Institute’s revised Practical Experience Framework (PEF) will be launched in December 2022, which will allow more flexibility in acquiring your practical working experience and transparent communication with your Authorized Employer/ Authorized Supervisor via the brand new online system for tracking your development progress in achieving to be a CPA.

With the launch of the revised PEF, a three-year transitional arrangement will be granted to existing QP students who have already started accumulating experience to have sufficient time to continue to attain the practical experience under the current framework. Please click here from more details.

In addition, we welcome 14 Authorized Employers and 43 Authorized Supervisors to the PEF. For students who have already completed the QP and obtained sufficient practical experience for membership admission, please submit your membership applications on or before 9 January 2023.

Opening hours of the Institute's library and study room

To support QP candidates in preparing for their examination, opening hours of the Institute’s library and study room will be extended on weekdays between 31 October and 28 December 2022, except for early closing at 4:00 p.m. on 22 December 2022.

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Event Highlights

QP top student award and scholarship presentation ceremony

On 24 September 2022, we were honoured to have Mr. Joseph H. L. Chan, JP, Under Secretary for Financial Services and the Treasury be the guest of honour of the QP award ceremony. The Institute presented awards to the QP top students of the December 2021 and June 2022 sessions, and QP and HKICPA scholarships to recipients from universities at the occasion.

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