Issue no. 560 (10 September 2015)
  Dear members/member practices,  
  Membership survey helps strengthen Institute's support to members  

The Institute has published its annual membership survey report, which received more than 3,500 responses, corresponding to about 10% of total membership. The survey canvassed members' views on work-life balance, professional development and top-of-mind business issues. The results will help us better understand your needs and provide targeted services to support you.

Current Affairs Series: Pearl River Delta and bridgehead economy
At the second seminar of the Current Affairs Series on 25 Sept., Secretary for Development Paul Chan will talk about enhancement of Hong Kong's infrastructural connectivity with the Pearl River Delta and the opportunities for developing a bridgehead economy, particularly at the Hong Kong Boundary Crossing Facilities Island and the neighbouring areas. Proposed development on Lantau will also be addressed.

Campaign materials from Council election candidates
In line with the Institute's ongoing practice to embrace corporate social responsibility, starting from this year, we are offering you an option to receive e-version, instead of hard copy, campaign materials from candidates running for Council election. Support this "go green" exercise by clicking here and choose the e-version before 16 Oct. +

Proposed questions for meetings with Guangdong tax authorities
If you wish to propose questions on the value-added tax pilot scheme, non-resident tax, transfer pricing, individual income tax, real estate tax and land appreciation tax for us to raise at the meetings with the Guangdong Provincial Office of the State Administration of Taxation and the Guangdong Provincial Local Taxation Bureau in December, please complete the suggestion form by 30 Sept. The translated notes of the second liaison meeting with the Guangdong Provincial Local Taxation Bureau in December 2014 are also available now.

Sustainability reporting and directors’ liability

The seminar on 22 Sept. will cover the trend of reporting on social and environmental issues, potential directors' liability from producing such report, and a look at the experience of three comparable jurisdictions. +

Dealing with requests from regulators and liquidators

The seminar on 29 Sept. will discuss how to handle requests from regulators and liquidators for effective risk management. +

Professional Diploma in Insolvency 2015-16

The Professional Diploma in Insolvency will start its new class on 3 Oct., covering liquidation, corporate rescue and restructuring, and personal insolvency. It is a reimbursable programme under the Continuing Education Fund. Enrolment deadline is 18 Sept.

E-seminar on new Companies Ordinance

The e-seminar on the latest implementation guidance on the application of Part 9 of the new Companies Ordinance is available now. Enrol to learn at your convenience.

Reminder: IT Conference

Register by 21 Sept. to enjoy the early-bird discount for the IT Conference on 17 Oct. with the theme "The role of accountants in the digital age".

Dance classes
Jazz and Cha Cha Cha classes beginning in mid-October are now open for enrolment. Places are still available for the Jazz Funk class starting in late September. Pick the one which you are most interested in.
IFAC global regulatory survey findings

The growing volume and complexity of regulation is impacting on business growth and innovation, according to a global regulatory survey conducted by IFAC, which polled 313 accounting, finance, and business professionals in organizations from around the world. Click to see press release.

JTR Group for revenue recognition
EY has published a summary of items on which members of the Joint Transition Resource Group reached general agreement. The group was created by IASB and FASB to help determine whether more application guidance is needed on their new revenue standards. +
Tennis training

The elementary and intermediate tennis courses will begin in mid-October, consisting of four 2-hour sessions with structural training and practice guided by experienced coaches.


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  

For general enquiry regarding content of this circular, please call 2287-7228.


If you require any technical assistance on this transmission, please contact IT support team at 2287-7800 or

Your personal data collected from the enrolment process and administration of courses will be used for the purpose of the administration of the course on which you are enrolled. Such data collected may be accessible by the Institute's officers, persons or committees processing the application and related matters. In addition, the Institute may use the collected data for statistical research and analysis and, if applicable, for validation of CPD hours. The Institute intends to use the personal data of your name, email address and correspondence address to inform you, where relevant, of CPD activities, members' benefits, goods, services, facilities and events organized or provided by the Institute or other organizations. Members and registered students may opt out of receiving such materials at any time by logging in here. Non-members may opt out of receiving such materials at any time by sending an email to the Institute at or a letter to the Institute's privacy officer. For more information about the privacy policy of the Institute, please click here.

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.

For merchandise discounts, please click here for terms & conditions.

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.