Issue no. 656 (25 August 2017)
  Dear members/member practices,  

Submission to HKEX


The Institute has submitted comments on the concept paper and the consultation paper of the Hong Kong Exchanges and Clearing, which set out proposals to enhance Hong Kong's listing framework, improve market quality and attract a broader range of companies to list here. To read the press release click here and to see the full submission click here.

Save the date – Annual Dinner

Mark your diary for the Institute's Annual Dinner on 5 Dec at the Hong Kong Convention and Exhibition Centre. Stay tuned for more details.

National Day Celebration Dinner

Book your seat, subscribe to the compliments listing or donate lucky draw prizes to support the event on 20 Sept.


IT Conference

Join this year's IT Conference on 14 Oct to learn about emerging business opportunities and reducing costs by utilizing new technology. To enjoy the early-bird discount and be entered to win one of the two iPads, enrol by 15 Sept.

Internal Audit Series
HKICPA and the Institute of Internal Auditors will jointly organize the Internal Audit Series from Sept to Nov, covering topics such as IT governance and audit, the updated enterprise risk management framework, and how internal audit could help add value to businesses.

New corporate finance courses
Two new e-learning courses on corporate finance have been added under the e-Series section. To delve deeper into the subjects, you may take these courses together with the face-to-face seminars at a discounted price.

Big data era for tax administration in China
The seminar on 26 Sept will cover China's development and practice in big data, recent trends in information technology for Chinese tax bureau auditing, and how to leverage technology to build an accurate and efficient tax function. +

Accounting conference in Yinchuan, Ningxia
The annual Cross-straits, Hong Kong and Macau Accounting Profession Conference will take place on 17-18 Sept in Yinchuan, Ningxia with a focus on digital innovation in the profession. Enrol before 1 Sept.


Don't miss the opportunity to join the PAIB Conference on 9 Sept to look into the diverse roles played by accountants in business, and obtain useful tips about how PAIBs can become business leaders.

The seminar, co-organized with the Law Society and HKICS, on 25 Sept will review the present whistle-blowing regime in Australia and provide relevant insight for companies and policy makers in Hong Kong. +

3rd Mini Bridge Tournament
Join the 3rd Mini Bridge Tournament on 16 Sept and compete with fellow bridge enthusiasts. To contend for the Bridge Interest Group trophy, you must participate in at least 3 out of the 4 matches.

Moon cake making classes

Join the moon cake making classes for young members to create your own moon cakes on 22 or 24 Sept to celebrate the Mid-Autumn Festival.

Snooker training courses

Join the 4-session snooker training courses beginning on 10 Sept to brush up your skills or pick up a new hobby. Beginner and intermediate sessions are available.


Sign up the free briefing session on 11 Sept to learn more about marathon preparation, and the training classes in Sept to prepare for the Standard Chartered Marathon in 2018.

New publication for enhanced professional skepticism
This joint IAASB, IESBA and IAESB publication showcases observations and potential ways to enhance professional skepticism.

Responding to risks of material misstatement under IFRS 9

For Those Charged With Governance: The work of auditors surrounding banks’ accounting for expected credit losses will be of interest to many stakeholders. Read this paper to effectively evaluate the quality of an auditor’s response to the risks of material misstatement posed by estimates of expected credit losses.

Click to subscribe to the Institute's e-seminars in August:

Hong Kong Financial Reporting Standard and Hong Kong Standard on Auditing – A recap of recent updates (audio)
Updates on Hong Kong Financial Reporting Standard – HKFRS 15 Revenue from Contracts with Customers (audio)
Recruitment call for football and snooker players
Put forward your name if you are interested in representing the Institute at the cross border football competition on 22 Oct and other external football competitions. The selection criteria are based on player's skills, past results and sportsmanship. +
Put forward your name if you are interested in representing the Institute at the RSCP Snooker Tournament on 15 Oct. All applicants are subject to a selection process. +

Latin class

Jive and Cha Cha Cha classes in September are now open for enrolment. Enrol now to explore the fun of dancing.


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