Issue no. 649 (6 July 2017)
  Dear members/member practices,  

2017 Honours List


The Institute sends its heartiest congratulations to the following past presidents, past and current Council members and fellow members who received honours from the HKSAR Government for their distinguished service: Past President Paul Chan (Grand Bauhinia Medal); Past President David Sun and former Council Member Sophia Kao (Gold Bauhinia Star); Past President Tim Lui and member Larry Kwok (Silver Bauhinia Star); Past Presidents Kam Pok-man and Philip Tsai, Council Member Andrew Fung and member Yvonne Law (Bronze Bauhinia Star); and member Vincent Chan (Medal of Honour). Click here to read the full list.

HKEX consultation on a proposed new board
Franky Chung, Senior Vice President of Hong Kong Exchanges and Clearing Ltd., is invited to speak at the Corporate Finance Interest Group's lunch seminar on 20 July, to give an overview of the key features of the proposed new board.

Practical planning on Customs/VAT
The seminar on 25 July will cover indirect tax planning on exporting to the U.S. and Europe.

China money market insights
The seminar on 28 July will cover China money market updates, liquidity management and liquidity investment options there, and the business accounting and possible tax implications.

2017 Asia economy: a fragile recovery?
Enrol in the seminar on 8 Aug. to learn more about the economic trend and associated risks of Asia so that your company can establish credit control measures when trading with companies in Asia.

Register for the educational tour of LegCo, co-organized by the Institute and the Office of the Hon. Kenneth Leung, LegCo Member (Accountancy Functional Constituency), on 22 or 29 July.
Enrol in the seminar on 9 Aug. to get prepared for tax season ahead of the implementation of Common Reporting Standards in 2018.
The executive programme, starting on 12 Aug., will help you understand 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.

HKIB Annual Banking Conference 2017
The HKIB Banking Conference will take place on 29 Sept. this year. Members who register and pay before 28 July are eligible to receive the early bird discount. Click here for more information and to register.
Merry Monday – smart tips for eating out

Eating out shouldn't be an excuse to eat unhealthy food. Join the Merry Monday on 7 Aug. where registered dietician Denise Luk will share tips on how to make healthier choices when eating out.

Sailing day cruise

Spend a day out on the water to learn more about the basics of sailing. A seafood lunch will be arranged at Lamma Island. +

Tennis training courses

Sign up for the elementary and intermediate training courses in August where experienced coaches will provide structural skills and practice.

to CPD learning centre and events calendar for more activities.
Members' handbook update

Update no. 203 relates mainly to the issuance of revised HKSAs and Practice Notes.

Invitation to comment

The Institute is seeking comments on the IASB Exposure Draft ED/2017/4 Property, Plant and Equipment – Proceeds before Intended Use (Proposed amendments to IAS 16). Comments should be submitted by 15 Sept.

Virtual conference: IFRS 16 Leases

A virtual conference on IFRS 16 Leases by the IASB and the ICAEW is scheduled to take place on 10 Oct. Click here to register for insights from the world's leading experts on IFRS 16 and interactive Q&A sessions via live webcast.

June IASB Update

The June IASB Update is now available.

RSCP basketball competition

Congratulations to the Institute's team for clinching its 5th consecutive championship at the RSCP basketball competition on 25 June. Kurkye Wong was awarded both Most Valuable Player and Steal Leader, and Foreky Wong was the winner of the three-point shoot out game. Click to view photos.

Football team members wanted

The Football Interest Group is forming a team to participate in the 7-a-side or 11-a-side league starting in August. Enrol now if you are a football enthusiast.

Golf days in August

Sign up for golf days on 12 and 26 August to swing with your fellow members this summer.

Book discount

Wolters Kluwer – 15% discount on CCH International Master Tax Guide Series 2017 (including Hong Kong and China edition) until 31 Aug.


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