Issue no. 689 (4 May 2018)
  Dear members/member practices,  
  FRC Bill developments  
The Financial Reporting Council (Amendment) Bill 2018, establishing an independent regulation regime of the auditors of listed entities, is progressing through the Bills Committee, the Institute has provided submissions to the committee and the Chief Executive and Registrar Raphael Ding has written articles for the media (Oriental Daily, HKEJ) about the Bill. Visit the Institute dedicated webpage to learn more about the Bill, find the Institute's submissions, and other related developments.

HKCPS Secondary School Student Internship Programme 2018
The Hong Kong Coalition of Professional Services, of which the Institute is a member, is organizing an internship programme in July for secondary school students from Yuen Long to work for 2 weeks in professional firms. Return your reply slip to HKCPS if you are interested in providing opportunities for these teenagers to learn more about the accounting profession.

Council meeting minutes
The abridged minutes from the February and March Council meetings are now available for members to read. Click here and login to your account to view them.

Mediation series
The mediation series in May to June aims at assisting professionals in developing knowledge about the role and duties of mediators in business.

From CPA to CPA Plus
This programme on 27 May and 10 Jun features 4 modules tailored for financial professionals to build a systematic business mindset, from financial investment theory to practical application.

PICIG cocktail reception
Come join the Property, Infrastructure and Construction Interest Group annual cocktail reception on 28 May where Prof. Ting Sun Pao, Joseph, Adjunct Professor and Senior Researcher from CUHK, will share the nomenclature of some of the earlier streets in Hong Kong, their naming patterns under the policy of the colonial government and some streets with interesting Chinese translated names.

2018 Compliance Forum – re-run for SMPs in Cantonese

The Institute's Compliance Department will share knowledge, skills and tips at the Compliance Forum themed "Right Today, Better Tomorrow" on 8 Jun to help SMPs minimize the chance of having complaints filed against them. Enrol by 1 Jun.

Enrol in the seminar on 9 May on tangible and intangible benefits identification in ESG reporting.
Enrol in the e-learning course and follow-up face-to-face seminar on 15 May to gain in-depth knowledge about valuation methodologies for impairment assessment.
Last chance to register for the FSIG seminar on 9 May to learn more about data analytics techniques and tools to manage loan portfolios.
Final call to order your study materials for the 2018 PRC CPA Uniform Examination on 25 Aug (comprehensive phase) and 13 -14 Oct (professional phase). Study materials for the exam are available for order until 11 May.

CUHK MBA Corporate Social Responsibility Conference
The annual CUHK MBA Corporate Social Responsibility Conference will take place on 8 May at the CUHK campus. Themed "CSR∞: sustaining CSR Indefinitely", the event will cover current CSR issues and industry's best practices, and how it can add value to businesses. Institute members can enjoy 20% discount by applying the code "CUHKMBACSR18SD" when registering online. Click here for details.
Members' handbook update

Update no. 217 relates to the Amendments to HKAS 19 Employee Benefits.

IFRS 9 and equity investments

The IASB Vice-Chair discusses IFRS 9 Financial Instruments and explains the Board's thinking behind the accounting requirements for equity investments in IFRS 9.

Meeting minutes

Minutes of the March meeting of the Auditing and Assurance Standards Committee and the February meeting of the Financial Reporting Standards Committee are now available.

Sports and Recreation Night - Save the date

The Sports and Recreation Night will take place on 27 Jul to celebrate the achievements of our fellow CPA athletes. Mark your diary and stay tuned for more details!

Snooker training courses

Join the 4-session beginner or intermediate snooker training courses starting on 27 May to brush up your snooker skills or pick up a new hobby.

Trailwalker Practice

A series of practice hikes has been organized in May and June for members who intend to join the 2018 Oxfam Trailwalker.

HKIA Sports & Family Day 2018

Congratulations to Gordon Leung, Tam King Tong, Tse Ka Chun and Tse Hoi Fat for finishing second at the invitational 4x100 relay at the HKIA Sports and Family Day held on 28 Apr. Click here for photos.


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