Issue no. 678 (9 February 2018)
  Dear members/member practices,  

Budget proposals: being smart, staying ahead and staying healthy


The Institute released its budget proposals for the Government 2018-19 budget at a press briefing on
5 Feb, hosted by Taxation Faculty Executive Committee Chairman, So Kwok Kay, and Budget Proposals Sub-committee Convenor, Curtis Ng. The proposals include recommendations on the promotion of start-ups, R&D and innovation and technology, measures to improve the tax system, as well as policies to improve community well-being. Click here for the press release and proposals.

Budget forum
The Institute will organize a budget commentary forum following the government's budget speech on 28 Feb. More details will be available soon.

Office closures and holiday break
The Institute office, library and study room will be closed from 16 to 19 Feb, and from 4p.m. on 15 Feb for Chinese New Year's Eve.

Minutes of 45th AGM
The minutes of the Institute's 45th annual general meeting held last December have been published.

How to resolve employment and financial disputes without going through court litigation?
The seminar on 7 Mar will discuss some important legal issues on liquidation, the principles of "Beneficiaries", and illustrate how mediation can assist in resolving various types of financial disputes.

Demystifying blockchain
Enrol in the seminar on 19 Mar to learn more about blockchain technology and its benefits and potential applications in business.

A statutory Business Judgment Rule for Hong Kong
At the seminar on 26 Mar, the speaker will advocate – through a review of the approaches in Australia and the United States of America – for the enactment of a statutory Business Judgment Rule to afford directors adequate protection when they are alleged to have breached their duty of care to the company on whose board they serve.

Corporate finance series
The corporate finance series from Mar to Apr will focus on identifying high yield stocks, analyzing financial statements for accountants, and developments in Asian bond markets.

Enrol in the Corporate Finance Interest Group seminar on 1 Mar covering practical considerations on the suitability for listing.

SCAA World Chinese Accountants Conference
Register for The Society of Chinese Accountants & Auditors "World Chinese Accountants Conference – Opportunities of Belt Road Initiative" in Hong Kong and Beijing from 19 to 22 May. Chinese accountants in Belt and Road countries will be brought together to explore opportunities with the implementation of the Belt and Road Initiative and exchange ideas on best practices in the profession.

Singing technique classes

Sign up for the 6-session elementary singing technique classes starting in March.

CPA graded bowling competition

Join the annual graded bowling competition for a fun day on the lanes on 25 Mar at the South China Athletic Association Bowling Centre.
IASB January podcast
This IASB podcast provides updates on the IASB's January board meeting.
Dance events
Elementary level cha-cha-cha and rumba classes will both begin on 1 Mar in Wanchai.
Dance and dine at the monthly dance dinner on 16 Mar at
百樂會 in Tsim Sha Tsui.
The next round of beginners jazz classes begin on 17 Mar in Mongkok.

Post marathon drinks

Stay tuned for details of the post marathon drinks where we will be presenting CPA marathon trophies (for members) and Sports and Recreational Committee marathon trophies (for QP graduates and students) to outstanding runners. Submit your official result by 23 Feb.

Join the elementary and intermediate tennis training courses and learn from a professional coach.
Don't forget to sign up for the Institute's dragon boat team by 20 Feb.
The 4-session beginner and intermediate snooker training courses will begin on 25 Feb.
Remember to put forward your name if you are interested to represent the Institute at the RSCP golf tournament on
28 Mar at the Hong Kong Golf Club.
Last chance to join the 3-on-3 basketball competition on
4 Mar to compete in this fast-paced game.

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