Issue no. 729 (21 February 2019)
  Dear members/member practices,  
  Spring cocktail 2019 highlights  

About 300 guests from the Hong Kong Special Administrative Region and the central governments, businesses, and regulators joined the Institute's Council and committee members in celebration of the year of the pig at the spring cocktail reception on 15 Feb. Click to see photos.

Cocktail reception welcomes 100 guests in Guangzhou

The Institute welcomed over 100 guests to its annual Guangzhou spring cocktail at the Sheraton Hotel on 14 Feb. The evening offered members the opportunity to meet the Institute's new leadership team of President Patrick Law, and Vice Presidents Johnson Kong and Nelson Lam; and members of the Institute's senior management. Guests from the Mainland government, regulatory authorities, professional organizations, universities and professional firms attended the reception. Click to see photos.


Standard Chartered Marathon

Around 350 CPA runners participated in the Standard Chartered Hong Kong Marathon 2019 last Sunday. The Institute's President Patrick Law, Council member Ken Li, and four past presidents ran in the 10km race of the Corporate Challenge Chairman Cup, and 12 elite CPA runners represented the Institute in the Corporate Challenge Marathon Cup in all three race categories. Click to see photos.

Drinks evening
CPA runners from all race categories are welcome to attend the post-marathon drinks to be held in March or April where trophies will be presented to those with outstanding results. Submit your race time and stay tuned for event details.

Outlook of Hong Kong and Mainland China economies
Enrol in the seminars on 1 March to gain knowledge about the outlook of the Hong Kong and Mainland China economies this year and the implication of the trade war to both economies.

Coping with EQ and stress at workplace from a neurological perspective
Join the workshop on 5 March to learn how to improve your emotion quotient (EQ) from a neurological perspective and manage stress effectively at workplace.

Analysing a company research report
The workshop on 6 March will discuss commonly-used analytical methods in the finance industry, role of analysts, and the content of a company research report through a real-life case study.

Latest M&A trends in Mainland China
At the evening seminar on 11 March, speakers will share insights and updates on the world of dealmaking, M&A and transactions, as well as tax restructuring opportunities from the financial and taxation angles. Come along and get inspired to refocus on previous acquisitions, rebalance your portfolio and optimize your tax structure.

Best Corporate Governance Awards series
Come join the following awards series seminars where speakers will offer tips for becoming an award winner.

The seminar on 20 March will focus on how the Institute assesses the quality of some key aspects of corporate governance.

The seminar on 28 March will cover how the Institute assesses sustainability and social responsibility reporting.

Fintech series
The fintech series seminars from March to May will cover various topics about emerging technologies including blockchain, artificial intelligence and cryptocurrency. Join the seminars to learn about how these new technologies are changing the financial landscape around the world.

Course on China's national affairs in Guangzhou
Join the three-day course for young members in March at the Sun Yat-sen University in Guangzhou to enhance your understanding of the political affairs and economic development of Mainland China, as well as the opportunities and challenges arising from the Greater Bay Area initiative.

Don't miss the executive programme for accountants starting on 4 March to learn more about independent non-executive directors practices.

Join the ForensIG spring cocktail on 7 March to mingle with fellow members in a casual and relaxing atmosphere in the presence of Thomas Atkinson, Executive Director, Enforcement, at the Securities and Futures Commission, as the guest of honour.

The convergence of IFRS and US GAAP
Register for the public lecture themed "The Aftermath of Convergence: What has happened and what will happen after the end of the IASB-FASB convergence efforts?" on 7 March organized by the School of Accountancy of the Chinese University of Hong Kong. The speaker, Katherine Schipper, Professor at Duke University and the former member of the Financial Accounting Standard Board, will discuss the impacts of the international accounting convergence on accounting applications and its implications for financial statement preparers, auditors and users.
Invitation to comment

The Institute is seeking comments on the following by the International Auditing and Assurance Standards Board:

consultation paper on Proposed Strategy for 2020-2023 and Work Plan for 2020-2021 by 4 May; and

three interrelated exposure drafts that address quality management by 24 May.

HKIISG meeting summary

The December meeting summary of the Hong Kong Insurance Implementation Support Group is now available.

Webcast on IFRS 15

The webcast on IFRS 15 Revenue from Contracts with Customers for investors is now available.

AML notice

Visit the Institute's anti-money laundering dedicated webpage for the updated lists of terrorists, terrorist associates and relevant persons/entities under United Nations sanctions.


Join the golf day and tee off with your fellow members at the Kau Sai Chau Public Golf Course on 11 March.

HKACFE breakfast seminar

The Association of Certified Fraud Examiners Hong Kong Chapter will hold a morning event on the topic "The contribution of Fraud Prevention to the Governance of Listed Entities in Hong Kong" on 15 March. Interested members can register at a discounted rate.

Asia Pacific computer audit, control and security conference

The region's annual premier industry conference for information system audit, assurance, risk, control, governance, compliance and security professionals will take place on 1 April, with the theme "Emerging Technologies: Risks & Opportunities, A Five-Year Landscape". Attend the talks and workshops to learn about the information, tools and best practices on how to overcome challenges and prepare for future trends. Enjoy 10% discount on the non-member rate by entering "HKICPA" in the supporting organization field. Early bird discount expires on 11 March.


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