Issue no. 652 (27 July 2017)
  Dear members/member practices,  
20th Anniversary Cocktail Reception

President in the Handover year (1997), Tim Lui, together with over 130 committee members and guests from the Hong Kong and Mainland governments, accounting profession and other sectors, joined the Institute's Council to celebrate the 20th Anniversary of the Establishment of the HKSAR at the Cocktail Reception on 21 July. Click to see photos.

Workshop series for NGO board members

Under the CPAs for NGOs programme, a series of six workshops have been developed to equip NGO board members, especially honorary treasurers, with relevant knowledge to discharge their duties relating to financial management, budgeting, reserve policy, auditing, internal control and governance. The first workshop on 21 July was well-received by participants with 90% saying it was useful. In addition to the two key speakers, 10 accountant ambassadors contributed by facilitating group discussions.


PAIB conference 2017 – "CPAs beyond the horizon"

Don't miss this annual event on 9 Sept. to look into the diverse roles played by accountants in business. A panel of renowned speakers will share insights and useful tips about how PAIBs can become business leaders. +

Stress management
Enrol in the seminar on 11 Aug. to learn how to manage stress effectively. +

U.S. tax reform opportunities
Join the event on the night of 17 Aug. to get prepared for the Trump administration's possible tax reforms.

Common Reporting Standards - impact on individuals
The seminar on 7 Sept. will cover information exchange mechanism under Common Reporting Standards, including the information required to be reported as well as its impact on individuals. +

The seminar on 24 Aug. will provide an overview on how innovation in the financial sector can be protected under PRC and Hong Kong law. +
Enrol in the international tax course starting on 12 Aug. to equip yourself to provide competent tax advice on cross-border transactions. This course is a compulsory component of the Institute's Professional Diplomas in China Tax and Hong Kong Tax.

Directors' Conference 2017
On 22 Sept. the HKIoD will assemble an audience of directors and executives to hear from world class speakers on what it takes to be an effective leader. Click here to learn more and here to enrol.
Dance class

Elementary level Cha Cha Cha and Rumba classes in August are now open for enrolment.

Free perfumery workshop

Come to the free perfumery workshop in August organized by Parfumerie Trésor, an artistic perfume boutique.

The popular annual music spectacle is back. Sign up for the CPA Music Night on 2 Sept. at Sheung Wan Civic Centre. Solo and group performances are welcome, and free audience tickets are also available.

Don't miss the whiskey and chocolate pairing workshop, co-hosted with HKGCC,
on 15 Aug. +

July IASB Update
The July IASB Update is now available.

IFRS 17 Insurance Contracts

This webinar illustrates what an insurer's income statement and balance sheet could look like under IFRS 17 Insurance Contracts, and discusses the impact it will have on investors.

Principles of Disclosure

Possible changes to the way a company presents and discloses information in its financial reports are outlined in the IASB's Discussion Paper Principles of Disclosure. This report summarizes feedback from European investors on the proposals.

Badminton competition in Guangzhou

Congratulations to the Institute's badminton team for placing the second at the Integrity Cup Badminton Competition "誠信杯" 羽毛球賽 held in Guangzhou on 22-23 July. The team competed with 30 other teams from across the Guangdong province, Macau and Hong Kong. Click to see photos.

Discount offers
Lyanature – free membership to the VIP diamond programme which includes a 10% discount on regular-priced items and a 15% discount during your birthday month. The offer is valid until 30 June 2019.
Super Star Group – special discount on moon cakes and selected festive foods until 25 Sept.

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