Issue no. 631 (24 February 2017)
  Dear members/member practices,  
  FS accepts Institute's proposal to set up a tax policy unit  

The government's 2017-18 budget offers some immediate measures to stimulate the economy and provides support to the wider community. The Institute welcomes the initiative to set up a tax policy unit, which we have been advocating for a number of years. The Institute's comments were widely covered by major media. Click here to see the Institute's press releases and budget proposals submitted earlier.

In the evening of the budget announcement day, members attended a lively panel discussion on the budget.

2017 Chief Executive Election forum
The Institute is organizing a forum on 10 March at 6 p.m. at the Institute for members including Election Committee members (accountancy subsector) to meet and exchange views with the CE candidates. Click here to reserve your seat.

Institute supports NGO governance
Institute president and the "CPAs for NGOs" programme core team members joined the second NGO directors' luncheon organized by HKCSS last week, to share views and expertise on good governance practices with NGO directors. The luncheon series is sponsored by the Institute's charitable fund. Click to see photos.

Minutes of 44th AGM
The minutes of the Institute's 44th annual general meeting held last December have been published.

A Plus –Taking on Trumponomics
The February issue looks at how the United States’ potential stances on trade and other issues will affect Hong Kong, Mainland China and the Asia Pacific. It also brings you the interview with new IFAC President, CPAs' views on anti-money laundering consultations, success story of Hong Kong Tramways' Head of Finance, and CPAs who competed in the Standard Chartered Marathon. Click here to read.

Management accounting series
Come join the management accounting series between March and April, which will talk about creating and managing budgets, cost control and financial analysis.

Extraterritorial working of tax rules
Co-organized with Law Society and Chartered Secretaries, the seminar on 31 March will examine how the OECD through the Common Reporting Standard, U.S. through FATCA and the EU through the Anti-Tax Avoidance Directive, to influence other countries' tax systems. +

IT series
The IT series in March will focus on the total cost of ownership benefits of cloud technology and the best ways to visualize and report financial data.

Join the Mainland Business Interest Group cocktail reception on 13 March to learn more about "Hong Kong 2030+" addressed by Secretary for Development Ma Siu-cheung, Eric.
Last call to the workshops on 30 March or 10 May about IBM Planning Analytics, which offer a unified and automated budgeting approach for integrating operational and financial planning. +

ISACA annual conference
ISACA China Hong Kong Chapter's annual conference will take place on 16 March with the theme "Inspiration and challenges of IT governance vs. cybersecurity - 2017 and Beyond". Institute members enjoy special rates. +
to CPD learning centre and events calendar for more activities.
IAASB data analytics project
This IAASB video provides an update of its data analytics project, including activities performed to date and vision for the way forward.

IASB February meeting

The IASB met on 22-23 Feb. Click here for the webcast and meeting papers. Key topics on the agenda are fair value measurement, the definition of a business, financial instruments and insurance contracts.

Post-marathon drinks

All CPA runners are invited to join the post-marathon drinks on 21 March to share their excitement and experience at the Standard Chartered Marathon. We will also present CPA marathon trophies (for members) and SRC marathon trophies (for QP graduates and students) to outstanding runners. Submit your official result by 3 March.

Advanced short game

Brush your golf skills with golf professional, Lokky Lee, at the advanced short game on 8 April at Kau Sai Chau Public Golf Course.


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