Issue no. 769 (28 November 2019)
  Dear members/member practices,  

Council election


Exercise your right to select seven candidates to join the Council and cast your votes either by e-voting or by ballot paper, but not both, by 5:30 p.m. on 9 Dec. Click here to learn more about the candidates and proceed to e-voting.

Mentorship Programme 2020-21: Now accepting applications

Foster a lifelong partnership. Inspire and be inspired by joining the 2020-21 Mentorship Programme – accepting applications until 15 Jan. Members with less than seven years of post-qualification experience can apply to become a mentee, while those with seven or more years, a mentor. Visit the dedicated webpage to learn more about the programme and how it has helped both mentors and mentees.



The 47th annual general meeting will be held on 12 Dec, as well as the announcement of the Council election results, the Institute will appoint an auditor and receive the president's address. After the AGM, the new president and vice-presidents will be elected at a special Council meeting.

Submission of CPD declaration for membership renewal

Continuing professional development (CPD) records in MyCPA on the Institute website do not equate to a declaration of CPD compliance. You are still required to submit the CPD declaration with your 2020 Annual Return for Renewal online by 15 Dec.

Turning conflict into collaboration
Enrol in the seminar on 20 Dec to learn the methods to resolving conflicts and fostering collaboration, and how to achieve win-win situation. The course will also cover how obtaining a bird’s eye view on issues can lead to better achievement of one's goal.

Update on Economic Substance Law – BVI
At the seminar on 3 Jan, speakers will discuss the details of the Economic Substance Law and rules, and share some practical insights in dealing with the British Virgin Islands (BVI) Economic Substance Law.

Register for the seminar on 3 Dec to learn how you can use coaching to lead the millennial generation with seven simple questions.

Attend the seminar on 6 Dec about the key highlights of the detailed implementation rules of nine Mainland Greater Bay Area (GBA) cities and corporate income tax implications in relation to the individual income tax rebate policies.

Last call to join the visit to the West Kowloon Cultural District on 6 Dec to learn about the architectural and design features of its Freespace, Art Park and Xiqu Centre.

Join the lunch seminar on 9 Dec to learn the emerging opportunities available for corporates in the GBA arising from the opening up of China’s capital markets.

Come meet Dr Michael Chiang at the Property, Infrastructure and Construction Interest Group cocktail reception on 10 Dec to learn more about feng shui planning and architecture design.

Don’t miss the case studies workshop on 13 Dec to understand the requirements and procedures for arranging syndicated loans.

Attend the seminar on 16 Dec to know more about the Prevention of Bribery Ordinance in relation to the duties and responsibilities of directors and professionals in preventing corruption and other malpractices.

Asian Financial Forum
The Asian Financial Forum on 13-14 Jan organized by the Hong Kong Trade Development Council brings you global financial and business community leaders to discuss developments and trends in the dynamic markets of Asia. Register for the free “Networking Pass” by using the code “SNHG03F” before 13 Dec.
Invitation to comment

The Institute is seeking comments on IAASB’s Exposure Draft Conforming Amendments to the IAASB International Standards as a Result of the Revised IESBA Code by 20 Dec.

How to select and apply accounting policies?

The IFRS Foundation published a Guide to Selecting and Applying Accounting Policies – IAS 8, which includes a three-step process with illustrative examples to help companies develop their accounting policies when preparing IFRS financial statements.

IFRS 17 podcast

A podcast covering the November IASB meeting about Amendments to IFRS 17 Insurance Contracts is now available.

IASB update

The November IASB Update 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.

Around the Island Race 2019

Congratulations to the Institute's sailing team who came second in the Hong Kong Performance Number below 1000 Class of the Around the Island Race on 24 Nov. Click to see photos.

RSCP Badminton Tournament

Congratulations to the Institute's badminton team for finishing second at the RSCP Badminton Tournament on 24 Nov. Click to see photos.


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