Issue no. 758 (12 September 2019)
  Dear members/member practices,  

Council meeting minutes


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


Annual dinner


The Institute's annual dinner will be held on 2 Dec at the Hong Kong Convention and Exhibition Centre. Mark your diary and stay tuned for more details.

Cybersecurity and IT risk management

The seminar on 30 Sept will highlight important areas of concern for small and medium practices (SMPs) and provide insights and technical guidelines to help SMPs build a trustworthy and secure company. The speaker will also discuss the scope of cybersecurity, rules and regulations SMPs should know, and how to protect customer data, cybersecurity advice and tips, as well as small- and medium-sized entity cybersecurity resources.

Event-driven investing and its applications case studies workshop
Enrol in the case studies workshop on 5 Oct to learn how to analyse the pros and cons of event-driven investing, identify investment opportunities, and how to apply event-driven investing strategies in equity markets to enhance portfolio returns.

Asset tracing – principles & practice
At the lunch seminar on 30 Oct, two experienced speakers will discuss the principles and practices in tracing assets and the role of forensic accountants in the process.

Don’t miss the workshop on 26 Sept to understand the nature of financial gimmicks relating to income distribution, cash dividends, scrip dividends, bonus issues and distributions in specie, as well as the use of corporate action.

Last call to join the workshop on 27 Sept to learn about the usefulness of full-scale cybersecurity management plans for enterprises, how to apply and maintain one, and how they helps companies to mitigate cybersecurity risks.

Register now for the CFIG lunch seminar on 10 Oct to understand the requirements for listing biotech companies in Hong Kong, the SFC’s key requirements in initial listing applications and how these companies can capitalize on the growing trend.

Don't forget to sign up by 30 Sept to enjoy the early bird discount for the annual IT Conference on 19 Oct to gain insights on how to seize the opportunities created through technology advancement.

Belt and Road cross-professional advancement programme
The Institute of Advanced Executive Education of The Hong Kong Polytechnic University will hold a workshop on “Dispute Management and Law for International Project” on 20 and 21 Sept. Speakers will introduce the theoretical and practical knowledge of dispute resolution to equip participants to face the challenge of “disputology” problems in Belt and Road projects.

Accounting & Finance Show Hong Kong
The free Accounting & Finance Show on 25 and 26 Sept will feature over 100 presentations from finance experts, illustrating the world’s best technology and solutions, and bringing together finance leaders and practitioners, accountants in practice, advisors and consultants.
CPA Football Competition 2019-20
The annual 7-a-side CPA football competition will take place on weekends between November 2019 and January 2020. Members are welcome to form teams with QP students and graduates.
Liaison meeting with the State Taxation Administration

The Taxation Faculty's China Tax Subcommittee recently held its annual liaison meeting with the State Taxation Administration to discuss topical cross-border tax issues. The meeting notes are now available in both traditional and simplified Chinese.

IASB investor perspective article on proposed amendments to IFRS 17

In this article, Nick Anderson, a member of the International Accounting Standards Board (IASB), offers insight into the new disclosures the IASB is proposing to IFRS 17 Insurance Contracts, which will make it easier for insurers to explain their results.

HKFRS 16: How to apply and specific issues

Join the workshop on 18 Oct to learn how to apply HKFRS 16 Leases through a range of illustrative examples and exercises. Attendees will also hear the application tips on dealing with implementation challenges.

HKFRS 9 Practical application – Expected credit loss

The workshop on 21 Oct will focus on the expected credit loss model introduced by HKFRS 9 Financial Instruments. Practical examples of key application issues and common approaches used in determining the expected credit loss for trade receivables, and loans and receivables will be illustrated. Participants will also hear some disclosure practices.

AML notice – United Nations sanctions

The updated list of individuals and entities was published on 10 Sept pursuant to section 32 of the United Nations Sanctions (Central African Republic) Regulation 2019 (Cap.537CH). Visit the Institute's dedicated webpage for further information.


Sign up for the 2019 third mini bridge tournament on 28 Sept to gain tournament experience.

Enrol in the bridge gathering on 30 Sept to furnish your skills through the practice sessions.


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