Issue no. 535 (12 March 2015)
  Dear members/member practices,  
  Pathways to ICAEW membership closes this year  

The Institute of Chartered Accountants in England and Wales' Pathways to Membership scheme will end permanently after 11 Dec. Non-QP-graduated HKICPA members wishing to join the ICAEW through the scheme are reminded to submit application to ICAEW by the deadline. Click to see its information sheet for details.

CPAs win Standard Chartered's Business Challenge Cup and Chairman Cup

A resounding success for our CPA runners who clinched six top awards – champions and first runner-ups – in all three categories of the Standard Chartered Marathon's Business Challenge Cup. The team of two past presidents Clement Chan and Keith Pogson also won the championship in the 10km race of the Chairman Cup. Click to see full results.


CPAs – on track to success

A recent video, produced by the Institute, has captured the significant growth and development of the profession in the past year. Click to enjoy this 5-minute enlivening clip.

Risk management and strategic case study

Enrol in the workshops on strategic case study and risk management between April and May to sharpen your financial and management skills and enhance business acumen and commercial awareness.

Information security management with ISO 2700x

The seminar on 21 April will talk about how to set up and apply information security management according to the ISO 2700x suite of norms and how to implement important security measures for an SME-sized operation. +

How to build a committed team with trust and motivate staff to achieve goals? Join the 360° leadership skills series starting in April to learn more.
Don't miss the seminar on 24 April which will talk about commonly-observed intangible asset types and commonly-adopted valuation methodologies. +

State secrets and personal data in China

The Association of Certified Fraud Examiners Hong Kong Chapter's talk on 19 March will discuss how to identify and avoid pitfalls of handling state secrets and personal data when conducting due diligence, investigations and audits in China. Institute members enjoy the same price as HKACFE members. +

Tennis training

The elementary tennis course starting in mid-April will provide a structural training for beginners.

Golf day
Sign up for the golf day at Phoenix Hill Golf Club on 18 April in Dongguan to enjoy an outbound golfing trip.

Join the post-marathon drink on 24 March to share your excitement and experience of this year's Standard Chartered Marathon.

Last call to sign up for the Jazz class starting on 21 March.

Don't miss the advanced short game on 11 April to learn from golf professional Hon Cheung.

Comments invited on accounting for expected credit losses guidance
The Basel Committee on Banking Supervision is seeking comments on its Guidance on Accounting for Expected Credit Losses. The draft guidelines are in response to the global transition to an expected credit loss accounting framework. Send your comments to BCBS by 30 April.

Q&A on fair value disclosure
PwC has published an Q&A about key considerations in classifying fair value measurements.

Tips for impairment reviews of non-financial assets
PwC has issued tips for performing impairment reviews of non-financial assets. +

Illustrative financial statements for new CO
PwC has published illustrative financial statements with updated disclosures required under the new Companies Ordinance. +
Discount offers
Gilman Home Appliances – special discounts on selected dehumidifiers and cookers until 30 April. +

DataExpert Technology – discounted price on its data recovery services for physical and logical problems and free degaussing service for five hard drives or tapes. +


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