Issue no. 536 (20 March 2015)
  Dear members/member practices,  
  A Plus – Olivia Kirtley on priorities of her IFAC presidency  

Olivia Kirtley, IFAC's first female and PAIB President, talks about the priorities of her two-year term and the future of the global profession in the March issue of A Plus. Other features study:

Settlement between the U.S. SEC and Big Four firms in China
First anniversary of the new Companies Ordinance
Dometic Group CFO's success story
Corporate retreat for busy CPAs
Click here to read the magazine.

Spring cocktail

Secretary for Financial Services and the Treasury K.C. Chan, together with guests from Hong Kong and the Mainland, joined the Institute's Council and committee members to celebrate the Year of Goat at the spring cocktail reception on 10 March. Click to see photos and the president's speech.


Breakthrough tax rules

The seminar on 13 April will provide an update on the breakthrough Chinese tax rules on offshore indirect equity transfer and how to assess reasonable commercial purpose under the SAT's public notice 7. +

New TUE sessions

"Does environmental, social and governance reporting affect the value of the company?" will be held on 5 May while "Guardian role of professionals in upholding ethical governance" will be on 22 June. +

Anti-tax avoidance

The Taxation Faculty seminar on 21 April will cover anti-tax avoidance in Hong Kong and China. +

The Financial Services Interest Group seminar on 31 March will study the new regulatory regime for stored-value facilities and retail payment systems.
Register to the seminar on 21 April to learn how to apply information security management according to ISO 2700x. +
Don't miss the workshops on strategic case study and risk management starting in April.

Annual corporate and regulatory updates

Get updates from the Companies Registry, HKEx, Hong Kong Monetary Authority and SFC at the Hong Kong Institute of Chartered Secretaries' annual corporate and regulatory update conference on 3 June.

Joint professional networking drinks
Come meet young members of other professions including architects, landscape architects, barristers, solicitors, doctors, dentists, engineers, planners, surveyors and chartered secretaries at the networking drinks on 17 April.

Photography events
If you want to hone your skills in travel photography by using mirrorless camera or smartphone, you should enrol in the photography gatherings in April and May.

Photography sharing sessions held between May and June will cover studio flash portrait for products, light painting, man and baby and pre-wedding portraits and photography with kung fu fighters and dancers.

Calligraphy class
Famous calligrapher Lau Choi-cheong (劉才昌) will teach you Wang Xizhi's (王羲之) Xing Shu (行書) and Cao Shu (草書) at the calligraphy class starting on 18 April.

Foodstuffs discount
One Stop Food Supply is offering 10% discount on its regular priced items and free local delivery for purchase of HK$500 or above. +
to CPD learning centre and events calendar for more activities.
Capitalization of borrowing costs
PwC has published a guide to address implementation issues on IAS 23 Borrowing Costs. +

Expected credit loss disclosures for banking
Disclosure requirements contained in IFRS 9 Financial Instruments are studied in this PwC guide. +
Sports winners
Click to see photos of Lui Tat-ying and Mui Chok-wah, champions of 2015's first mini bridge tournament on 14 March. Dora Lo and Tong Yat Chong placed second and Fung Siu-fan and Michael Cheng placed third.

The Institute's golf team won the championship in the RSCP golf tournament on 4 March. Chan Kwok-keung, Sabrina Chan, Mable Kam, Jonny Tang and Jeffrey Wang also won other individual awards. Click to see results and photos.

CPA basketball competition
Form your own team or join the Basketball Interest Group team to compete in the basketball competition, which is expected to begin in mid-May.

Fitness training
Come join the fitness training from April to June to maintain a healthy lifestyle.

Driver and woods course

Sign up for the driver and woods course on 2 May with golf professional to hone your skills.

The 8-session singing and guitar playing class will begin on 30 March.

Don't miss the Jazz Funk class starting on 17 April.


Quick links:
A Plus At-a-glance calendar
Technical resources Visit our website
SMP and SME resource centre Change personal information
CPD learning resource centre Email us
Hong Kong CPA Practice Directory See past e-circulars
HKICPA Source  

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