Issue no. 716 (8 November 2018)
  Dear members/member practices,  
  Annual Dinner early bird rate extended  

The early bird discount for table reservations has been extended to 9 Nov. Don't miss the chance and book your seat(s) now to enjoy the Institute's premier celebration event for members on 3 Dec at the Hong Kong Convention and Exhibition Centre. You are also welcome to sponsor a table or donate lucky draw/table prizes.

      New website launches tomorrow  

The Institute's new website will launch tomorrow featuring a new design, easier navigation and improved search.


How to meet CPD requirements overseas
Overseas members can claim verifiable continuing professional development (CPD) hours by attending online courses. Check out these courses at the CPD learning resource centre.

Hong Kong's tax exemption regimes for funds and related common tax issues
The 19 Nov evening seminar will focus on the recent tax developments in the asset management industry in Hong Kong, followed the passage of the Inland Revenue (Amendment) (No. 2) Ordinance in March.

The good, bad and ugly of dual class shares
At the joint seminar on 14 Dec, the speaker will review the debate for and against dual class shares (DCS), as well as look at the performance of DCS companies with the passage of time and the implications for policymakers.

International transfer pricing in China
Sign up for the workshop on 17 Dec to learn the main principles and concepts of international transfer pricing, the major transfer pricing law in China, with special reference to pricing methodologies.

Managing MPF Schemes with MPF confidence and performance index
The seminar on 17 Dec will cover the results of the 7th MPF Management and Confidence Survey 2018 and the implications behind the development trends of employees’ behaviour, knowledge, confidence in and expectations of the MPF as retirement protection.

Subscription to Mainland accounting and tax journals
The 2019 issues of the Chinese Certified Public Accountant (中國註冊會計師), China Taxation (中國稅務) and International Taxation in China (國際稅收) are available for subscription until 21 Nov.

Young members, don't miss the Career Conference on 17 Nov to learn about the opportunities and challenges from technology young accountants are facing. Recruitment consultants will also provide an overview of the current job market and the key skills they look for.

Last call to join the seminar on 19 Nov about the impact of the China and U.S. trade war and what companies can do to mitigate the adverse impact of the current tariff environment while highlighting the potential opportunities.

Don’t forget to register for the forum on 29 Nov to learn more about market features, trends and challenges of the valuation industry in Asia.

Attend the seminar on 23 Nov to understand the challenges and benefits to a company's finance and accounting department brought by intelligent automation.

Insurance forum
The Hong Kong Federation of Insurers has invited Institute members to attend an IFRS 17 forum on 27 Nov. Register now with the event code "HKICPA094".

Managing corporate fraud and risk in Asia
The Association of Certified Fraud Examiners Hong Kong Chapter's breakfast seminar on 4 Dec will discuss how to manage corporate fraud and risk in Asia for both foreign multinational corporations and local enterprises.
Institute's comments

The Institute has commented on the IAASB Exposure Draft Proposed ISA 315 (Revised) Identifying and Assessing the Risks of Material Misstatement.

IASB podcast

The October IASB podcast is now available.

Happy hour gathering for young professionals

Come join a happy hour gathering on 22 Nov to mingle with other professionals and learn more about local traditions and discover hidden treasures in Hong Kong, enjoy local crafted beers, traditional festive dishes made from dried seafood and abalone, and more.

Ngong Ping Charity Walk

In support of the Hong Kong Youth Hostels Association, the Institute is sponsoring two corporate teams to join the Ngong Ping Charity Walk on 20 Jan. Members interested in representing the Institute at these demanding and challenging races should complete the reply slip by 23 Nov.

CPA Table Tennis Competition

Take the challenge and compete against fellow table tennis lovers at the CPA Table Tennis Competition on 16 Dec and 13 Jan. Men's singles and doubles, women's singles and mixed doubles will be played.

Reminder: Bridge team tournament

Form your own team and compete in the bridge tournament – team event on 9 Dec.

Supporting the 10th anniversary of the Centralized Organ Donation Register

Organ transplant is the only hope for restoring life for people who suffered from irreversible organ damage. Every day, over 2,000 patients in Hong Kong have an imminent need for organ or tissue transplant. Through the selfless offer of donors and their family members, many lives have been saved. Register as an organ donor now to indicate your wishes.


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.