Issue no. 627 (20 January 2017)
  Dear members/member practices,  
  Cocktail reception in Guangzhou  

If you are in Guangzhou on 7 Feb., you are welcome to join our cocktail reception at Hilton Guangzhou Tianhe to interact with the Institute's new leadership team and senior management. Enrolment deadline is 26 Jan.

Financial Controllership Programme celebrates graduation
Congratulations to the 27 candidates who have successfully completed the pilot run of the Financial Controllership Programme in 2016. A graduation ceremony was held recently, where certificates of completion and best assignment prizes were presented. Click to see details and photos.

Membership survey lucky draw winners
Congratulations to the 10 winners of the membership survey lucky draw who will be notified individually. The survey results will be available soon.

Green bonds
HSBC Managing Director Jonathan Drew will discuss key characteristics of green bonds, potential benefits for issuers and investors, market outlook and how they are relevant to Hong Kong market, at the seminar on 20 Feb. +

Early closing
The Institute will close at 4 p.m. on 27 Jan. for Chinese New Year's Eve.

Integrate open data and design into smart city experience
At the seminar on 21 Feb., Citymapper General Manager Gene Soo will talk about how its multi-modal transport application combines open data, design and mobile technology to create application for a smart city. +

China economic outlook under Trumponomics
Enrol in the seminar on 18 Feb. to get insights from prominent economists on repositioning of the new world order and China's economic growth and restructuring. +

eCommerce business models and their tax implications
Come to the seminar on 9 Feb. to learn more about tax implications of digital business operations in Hong Kong and Mainland, and current practices of tax authorities. +

BEPS series
The BEPS series in February and March will cover the changing outlook of global mobility and Hong Kong government's consultation on measures to counter Base Erosion and Profit Shifting.

INED practices
The executive programme starting on 4 March will focus on the roles and responsibilities of independent non-executive directors, including considerations in accepting appointment, legal and regulatory issues, corporate governance skills and strategies to perform INED roles effectively.

Reminder: future role of finance in digital era
Don't miss the seminar of IT series on 9 Feb. about the trend for finance transformation and cloud security.
Golf events
Enjoy an outbound golf day to Phoenix Hill Golf Club in Dongguan on 18 Feb. and play with fellow golf enthusiasts.
Sharpen your golf skills at the "play with a golf professional" or advanced short game, both on 4 March at Kau Sai Chau Public Golf Course.

Last chance to sign up for the golf training courses starting on 4 Feb. at South China Athletic Association.
Don't forget to enrol in the snooker training courses starting on 5 Feb.
If you wish to swap your choices of interest groups for 2017, remember to login to MyCPA and make the changes by 31 Jan.
to CPD learning centre and events calendar for more activities.
Members' handbook updates
Update no.194 relates to HKFRS 14 Regulatory Deferral Accounts and amendments to various standards that are effective for annual reporting periods beginning on or after 1 January 2016. Update No.195 relates to application of HKFRS 9 Financial Instruments with HKFRS 4 Insurance Contracts (Amendments to HKFRS 4).

IASB exposure draft

The Institute is seeking comments on an IASB exposure draft Annual Improvements to IFRS Standards 2015-2017 Cycle by 12 April. It contains proposed amendments to IAS 12, IAS 23 and IAS 28.

Implementation of IFRS 16

This IASB article discusses feedbacks from stakeholders on the implementation of IFRS 16 Leases. The standard is effective on 1 Jan. 2019.

Merry Monday

At the Merry Monday on 6 Feb., Coffee ambassadors from Pacific Coffee will talk about "what is coffee" and demonstrate different brewing methods. You will also get to taste coffee from two single origins prepared in two different methods.

Dance events
Come join the Cha Cha Cha, Rumba or Jazz starting in mid-February. Pick the ones you are interested in and keep dancing.
The February dance dinner will take place on 24 Feb. at "百樂會" in Tsim Sha Tsui.

Discount offers
Hong Kong Dance –10% discounts on tickets of Kaleidoscope of Dance from Yunnan showing from 10-12 Feb.
Watson's Wine – up to 40% discount on selected red, white, champagne, sparkling, cognac and whisky for CNY promotion until 7 Feb.

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A Plus At-a-glance calendar
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Hong Kong CPA Practice Directory Email us
HKICPA Source See past e-circulars

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