Issue no. 772 (19 December 2019)
  Dear members/member practices,  

New Council leadership


At the special council meeting following the annual general meeting last week, Johnson Kong (centre), Managing Director - Non Assurance of BDO Hong Kong, was elected as the Institute's new President. The new Vice-Presidents are Nelson Lam (second left) and Loretta Fong (second right). Click to see the full Council and press releases.

Season's greetings from the Institute

The Institute wishes you and your family, friends and colleagues a wonderful and joyous festive season. Click here for the Christmas e-card.

Council meeting minutes

The abridged minutes from the October and November Council meeting are now available for members to read. Click here and login to your account to view them.


Early closing

The Institute's offices and library will close at 4 p.m. on 24 Dec and 31 Dec.

Holiday break for e-circular

This e-circular will be suspended for one week over the Christmas holidays and will resume in the week of 30 Dec.

Regional insolvency and restructuring update and current issues
Join the lunch seminar on 7 Jan to understand some practical considerations regarding the mutual recognition of insolvency processes between the Mainland and Hong Kong, whether parallel schemes are necessary, and the conflicting judgments in Hong Kong, Bermuda and the Cayman Islands.

Mastering convertible bonds for accountants
The two workshop sessions of the Corporate Finance Series on 10 and 17 Jan will focus on the features of convertible bonds and their pricing mechanism and underlying risk drivers. The key credit documentation issues of convertible bond issuances will also be discussed.

The integrity agenda
At the lunch seminar on 16 Jan, speakers will discuss about how to improve the underlying compliance within their corporate environments, from the current environment and enforcement activities, the growing importance of the integrity agenda, to the principles on machine learning adoption and big data analytics.

ITIG visit to the ASTRI’s Smart City Innovation Centre
Join the Information Technology Interest Group (ITIG) visit to the Smart City Innovation Centre of the Hong Kong Applied Science and Technology Research Institute (ASTRI) on 14 Jan, to discover ASTRI’s latest initiatives, and the innovations and technological developments turning Hong Kong into a smart city.

Subscription to Mainland accounting and taxation yearbooks
The 2019 editions of Accounting Yearbook of China (《中國會計年鑒》2019年卷) and China Taxation Yearbook (《中國稅務年鑒》2019年卷) are now available for subscription until 9 Jan. Click here for subscription details.

Don’t miss the seminar on 3 Jan in which the Bank of China’s representatives will share the approaches to mitigate possible difficulties in opening bank accounts and key considerations in loan applications.

Sign up for the seminar on 6 Jan where the speaker will share her experience in expanding small- and medium-sized practices’ business outside Hong Kong.

Enrol in the seminar on 21 Jan about compliance with the listing rules and related issues, including the legal obligations of inside information disclosure, the new requirements for trading suspension and the delisting power of the Hong Kong Stock Exchange.

Join the Mentorship Programme 2020-21 by 15 Jan to learn from your seniors and enrich your career and personal development as a mentee; or contribute back to the profession as a mentor.

HKQAA Green finance professional network and outreaching events
Register for the free Green finance visiting tour to Guangzhou Huadu district and seminar on Current Situation and Potential Development of Green Finance organized by the Hong Kong Quality Assurance Agency (HKQAA) on 10 and 17 Jan respectively, to learn more about the development of green finance and explore the business opportunity.
Standard Chartered Marathon runner's pack

If you have registered with the Institute as a CPA runner of the Standard Chartered Hong Kong Marathon 2020, please collect your runner's pack from the Institute (not Victoria Park) from 5 to 8 Feb. Details of collection will be announced in Mid-Jan.

Institute invites members to complete its Ethics Survey

The Institute is inviting members to participate in the HKICPA Ethics Survey to understand the ethical attitudes of professional accountants in Hong Kong and the impact of the Code of Ethics for Professional Accountants. The survey will close on 20 Jan.

Circular on Reporting to Grantees of the Language Fund

The Institute has published the Circular on Reporting to Grantees of the Language Fund.

IASB’s December update and Amendments to IFRS 17 podcast

The IASB’s December update and a podcast covering the December board meeting about Amendments to IFRS 17 Insurance Contracts is now available.

IFRIC update

The IFRS Interpretations Committee November update is now available.

AML notice

Visit the Institute's anti-money laundering dedicated webpage for the updated lists of terrorists, terrorist associates and relevant persons/entities under United Nations sanctions.

CPA Table Tennis Competition winners

The CPA Table Tennis Competition concluded on 8 and 15 Dec. Congratulations to the winners Thomas Tsang (men's singles), Debbie Lam (women's singles), Kelvin Lam and Richard Leung (men's doubles), and Shirley Fung and Thomas Tsang (mixed doubles). Click to see results and photos.

21st Annual Golf Tournament with HKMGA

The Institute’s golf team participated in the golf tournament on 4 Dec with the Hong Kong Medical Golfers Association. Click to see photos.

Update your sports and recreational interest groups

Your existing interest group membership will automatically be renewed until 31 Dec 2020. If you wish to update your choices of interest groups, login to myCPA and make changes in January. Each member can join up to five interest groups free of charge.


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