Issue no. 711 (4 October 2018)
  Dear members/member practices,  
  China Today Series  

The Institute has launched a new continuing professional development series, the China Today Series, to provide members with insights into the Mainland's development – and how they can gain from it. The seven-event series, starting from 25 Oct, will address the latest developments in Mainland China ranging from an overview of the economic outlook, to exploring new business opportunities both inside and outside China, and the continued opening up of the Chinese economy to the world.


Monitoring of members' CPD compliance
The Institute conducts a continuing professional development (CPD) audit exercise after the annual CPD declaration. Every member is subject to the annual CPD audit, and members selected in a random sample must submit their CPD records with supporting documents. Click to learn more about CPD audit exercise.

Setting the culture of ethics in business
The final module of the Financial Controllership Programme (FCP), Business Ethics, will highlight the important role of financial controllers in fostering a strong culture of ethics in business and instilling ethical values in their finance teams. Enrol by 18 Oct or click here for details about the FCP.

Practice Management Series
The Practice Management Series from October to December aims to help small- and medium-sized practitioners better prepare for the challenges and opportunities ahead of them, adapt to changes, improve their management and operational efficiency, as well as support their sustainability and help them achieve a successful future.

Executive Programme for Accountants
Co-organized with the Hong Kong Institute of Directors, the executive programme beginning on 22 Oct will help you understand the duties of an investor relations officer of a listed company, directors' duties and responsibilities, corporate rescue procedure and impact of insolvent trading.

Financial gimmicks workshops
Enrol in the financial gimmicks workshops on 1 and 12 Nov to learn more about the nature of financial gimmicks relating to income distributions and capital restructuring, as well as use of corporate actions, all illustrated by case studies.

Forum-cum-Dialogue – Belt and Road Initiative: Infrastructure Financing
Join the Forum-cum-Dialogue on infrastructure financing under the Belt and Road initiative on 18 Oct, co-organized by The Hong Kong Institute of Bankers and the Asia-Pacific Structured Finance Association, to understand the unique role Hong Kong's financial, banking and professional sectors can play in the initiative. Institute members can register at discounted rate by selecting "Member of HKIB / SPSA; Sponsor; Supporting Organization".
Members' Handbook update

Update no. 219 contains standards, interpretations and amendments to accounting standards that are effective for annual reporting periods beginning on or after 1 Jan 2018.

FRSC meeting minutes

Minutes of the 244th meeting of the Financial Reporting Standards Committee are now available.

IASB Update

The September IASB Update and IASB podcast are now available.

TCFD status report

The Task Force on Climate-related Financial Disclosures (TCFD) has published its 2018 Status Report, which provides an overview of current disclosure practices and their alignment with the core elements of the TCFD recommendations. 513 organizations have now expressed their support for the TCFD recommendations, signaling growing momentum behind climate-related disclosures.

Reminder: CPA Singing Contest

Don’t miss the opportunity to showcase your vocal talents at the CPA Singing Contest on 17 Nov. In addition to the top prizes, contestants can also compete for the Best Stage Presence and My Favorite Performance awards.


Quick links:
A Plus Facebook
Technical resources LinkedIn
SMP and SME resource centre At-a-glance calendar
CPD learning resource centre Change personal information
Hong Kong CPA Practice Directory Visit our website
HKICPA Source Email us
See past e-circulars  

For general enquiry regarding content of this circular, please call 2287-7228.


If you require any technical assistance on this transmission, please contact IT support team at 2287-7800 or

Your personal data collected from the enrolment process and administration of courses will be used for the purpose of the administration of the course on which you are enrolled. Such data collected may be accessible by the Institute's officers, persons or committees processing the application and related matters. In addition, the Institute may use the collected data for statistical research and analysis and, if applicable, for validation of CPD hours. The Institute intends to use the personal data of your name, email address and correspondence address to inform you, where relevant, of CPD activities, members' benefits, goods, services, facilities and events organized or provided by the Institute or other organizations. Members and registered students may opt out of receiving such materials at any time by logging in here. Non-members may opt out of receiving such materials at any time by sending an email to the Institute at or a letter to the Institute's privacy officer. For more information about the privacy policy of the Institute, please click here.

Some sections contain information from outside sources. We endeavour to link to reputable sources but the Institute is not responsible for the accuracy of the content and the content does not necessarily represent the views of the Institute.

This email together with the file(s) transmitted is intended solely for addressee(s) only and may contain confidential or privileged information. If you received this email in error, please contact the sender and delete it together with its attachment(s) from your computer(s). You should note that the views expressed in this email are those of the author and do not necessarily represent those of the Institute. The recipient should check this email and all attachments for the presence of virus. The Institute will not accept liability for any damage caused by any viruses transmitted with this email.