Issue no. 642 (18 May 2017)
  Dear members/member practices,  
  New initiatives to support NGOs  
The Institute's Vice President, Eric Tong, and "CPAs for NGOs" core team members attended the HKCSS NGO Directors' Luncheon on 10 May where they introduced two new activities to help NGOs enhance their knowledge and practice of financial management and governance. The event also provided NGO board members opportunities to discuss with our representatives the challenges of implementing good governance practices. Click here for details.

Open day of the Commissioner's Office of China's Foreign Ministry in the HKSAR

To celebrate the 20th anniversary of the Hong Kong SAR, the Commissioner's Office will hold its open day on 28 May featuring cultural objects and paintings, picture exhibitions of diplomatic history of new China and diplomatic ties involving Hong Kong, and dance performances by ethnic minority groups. Guests will receive exquisite books and souvenirs as well.

For tickets, please contact Maggie Tam of the Members and Public Relations Department.


The future of cryptocurrencies

Come join the Financial Services Interest Group's seminar on 9 June where Julian Hosp, a Blockchain expert, will talk about the likely regulation and government scrutiny, acceptance among consumers and other considerations for investing in cryptocurrencies.

Structuring a private investment fund
The Corporate Finance Interest Group's seminar on 22 June will cover the collective investment scheme and the latest issues and trends from a commercial and legal perspective.

Implementing CRS on AEOI in Hong Kong
Come to the Taxation Faculty seminar on 13 June to learn the latest developments on Common Reporting Standard in Hong Kong.

Enrol in the seminar on 25 May to learn more about business engineering technology, and how to systematically link corporate financial data to market data. +
Don't miss the ITIG's seminar on 23 May to understand the key considerations when selecting a data centre that conforms to regulatory standards. +
The wealth management series seminar on 26 May will provide an analytical framework on economics in the post-QE Trump era. +

Information session for independent assessors
Register for the Hong Kong Deposit Protection Board's information sessions for independent assessors to strengthen your understanding of the requirements in the Guideline on Information Required for Determining and Paying Compensation.

Fraud investigation courses
Members are eligible to join any of the Fraud Investigation Foundation courses held by The Association of Certified Fraud Examiners Hong Kong Chapter at a discounted price.
Table tennis league

Congratulations to Adrian Mak, Roger Ng, George Chang and Eric Lee who clinched championship at the table tennis league on 7 May. Click to see results and photos.

CPA badminton championship

Gain match experience at the badminton championship on 25 June.

Indoor golf gathering

Come join the indoor golf gathering on 10 June at the GreenLive Club to play and mingle with fellow golf enthusiasts.

Snooker fun day

Join the snooker fun day on 18 June where there will be trick shot demonstrations, friendly matches, tips from experienced players and more.

to CPD learning centre and events calendar for more activities.
Institute's comment on IESBA exposure drafts

The Institute commented on the IESBA exposure drafts Proposed Revisions Pertaining to Safeguards in the Code – Phase 2 and Related Conforming Amendments and Proposed Revisions to Clarify the Applicability of Provisions in Part C of the Extant Code to Professional Accountants in Public Practice.

Invitation to comment
The Institute is seeking comments on the IESBA's exposure draft relating to professional skepticism and professional judgment. Comments should be submitted by 23 June.

Members' handbook update
Update no. 200 relates to amendments to the Hong Kong Financial Reporting Standard for Private Entities.

IESBA strategy survey questionnaire
IESBA is seeking input from stakeholders to help shape its future strategic direction in this survey questionnaire. Responses will be considered in its development of a formal consultation paper. Please send your opinions to by 15 June.
Trailwalker practice

A series of practices have been organized in May and June for members who intend to join the 2017 Oxfam Trailwalker.

Jazz class will start on 27 May and the monthly dance dinner will be held on 26 May at 百樂會 in Tsim Sha Tsui.
Come join the tennis fun day, cum mini tournament on 4 June.
Don’t miss the sailing course on 10 and 11 June.

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