Issue no. 723 (3 January 2019)
 
  Dear members/member practices,  
     
 
 
 
 
 

A Plus – CPA entrepreneurs
under 35

 

The December issue of A Plus, features four young members on how they navigated uncertainties and setbacks to become their own boss under 35. Other articles include interviews with the Best Corporate Governance Awards first-time winners; Tony Hallam, Chairman of Confirmations Asia Pacific; Stephen Tsang, Partner of New Zealand firm Withers Tsang; and CPAs on how they give back to the community.

         
 
  Greetings from the Institute  

The Institute wishes you and your family, friends and colleagues a happy, healthy and prosperous year ahead. Click here for new year e-card.

 

Soft Skills Series

The workshops on 21 and 22 Jan will cover soft skills for your business development and career advancement, including the motivational skills needed to help lower staff turnover and improve team morale, and decision making skills for better results.


Updates on Sino-U.S. trade dispute
Join the seminar on 22 Jan for the latest developments in world trade and to gain insights into the appropriate strategic planning for your business.

Analysing equity-linked structured products
Join the workshop on 30 Jan to learn about the nature of equity-linked structured products, the different types of equity-linked structured products available in the market, and how to gain insights from the terms and conditions included in term sheets.

How environmental due diligence affects M&A deal conditions
The seminar on 22 Feb will cover the purpose and advantages of environmental due diligence for mergers and acquisitions activities, license for operation, key considerations of and international protocols for environmental due diligence.

Reminders
Last call to join the Financial Services Interest Group cocktail reception on 16 Jan. Come learn how to predict investor behaviours by blood type and mingle with fellow members in the new year.

Don't miss the seminar on 18 Jan to learn ways to determinate environmental, social and governance (ESG) performance, recommendations on how to improve the rating, as well as the interpretation of ESG ratings.

The CFIG seminar on 23 Jan will give an overview of key features of the new listing rules for new economy companies, compare the new and old rules, and include a discussion on matters requiring attention.

Apply for the Specialist Designation in Insolvency by 31 Jan which is open to members who have considerable experience and competence in insolvency practice and have gained the SQ (Insolvency).

 
BOC HKICPA Platinum Card for double reward gift points

Apply for a BOC HKICPA Platinum Card to enjoy double bonus points for the settlement of payments to the Institute. The card also serves as your Institute membership card for attending our events.


Reminder

Practice your bridge at the bridge gathering on 11 Jan.

 
Invitation to comment

The Institute invites you to comment on the IASB Exposure Draft ED/2018/2 Onerous Contracts – Cost of Fulfilling a Contract (Proposed Amendments to IAS 37) by 8 Mar.


Members' Handbook update

Update No. 223 contains HKSA 540 (Revised) Auditing Accounting Estimates and Related Disclosures and Conforming and Consequential Amendments to Other International Standards and PN 830 (Revised 2018) Reports by the Auditor under the Banking Ordinance.


Ethics Circular

The Institute has issued a revised Ethics Circular 1 Guidance for Small and Medium Practitioners on the Revised Code of Ethics for Professional Accountants.


Institute's comments

The Institute has commented on the Inland Revenue (Amendment) (No. 7) Bill 2018 and the HKEX public consultation on proposal relating to listed issuers with disclaimer or adverse audit opinion on financial statements.


AASC meeting minutes

Summary of the 370th and 371st meetings of Auditing and Assurance Standards Committee held in September and October are now available.


FAQs issued by SFC

FAQs issued by the Securities and Futures Commission which seek to clarify the application of the secrecy provisions under section 378 of the Securities and Futures Ordinance to the disclosure of supervisory information by licensed corporations to auditors, counsel, solicitors or other professional advisors are now available.


AML notice – United Nations Sanctions and updated list of terrorists

The updated list of individuals and entities was published on 21 Dec pursuant to the United Nations Sanctions (Democratic Republic of the Congo) Regulation 2018 and the United Nations Sanctions (Mali) Regulation 2018. Go to the Institute's dedicated webpage for further information.

 

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