Issue no. 776 (23 January 2020)
  Dear members/member practices,  

New webpage on accounting for crypto-assets


Cypto-assets, including cryptocurrencies such as Bitcoin, have generated a significant amount of interest in recent years. As activity related to crypto-assets has increased, one important issue is how to account for crypto-asset transactions. The Institute’s new webpage on crypto-assets explains how the Institute is monitoring the developments of crypto-assets and participating in the global discussions on accounting treatments. It also provides relevant guidance and publications on accounting for crypto-asset transactions.

Minutes of AGM and Council meeting

Minutes of the Institute's 47th annual general meeting and December Council meeting have been published. Click here and login to read them.

Blessings for the year of the rat

The Institute wishes you and your family, friends and colleagues a prosperous and fruitful year of the rat. Click here for the greeting e-card.


Office closure and holiday e-circular break

The Institute offices and library will close at 4 p.m. tomorrow (Chinese New Year's Eve). There will also be no e-circular next week.

Why project audit is important for an organization
Join the workshop on 20 Feb to understand what project audit is and how to use it to identify the issues, as well as concerns and risks of a business initiative at an early stage, and considerations when auditing the key projects.

Procure to pay process
The workshop on 22 Feb will examine the main processes and identify the controls that should be embedded in enterprise resource planning systems to reduce fraud, errors and omissions during the procure to pay process.

Enrol in the workshop on 12 Feb covering how to evaluate various spinoff models and how to plan a successful spinoff for a listed company.

Attend the workshop on 26 Feb to learn the key value and risk drivers of hedge fund investment and how fund managers pick good hedge funds and their key investment consideration.

Understanding ESG inclusion and green bond certification
The free seminar on 11 Feb organized by the Center for Economic Sustainability & Entrepreneurial Finance of the Hong Kong Polytechnic University will teach you how to tackle environmental, social and governance (ESG) and green bond challenges.

CGMA Programme – Special offer to QP-qualified Institute members
Enrol in the Chartered Global Management Accountant (CGMA) Programme offered by the Chartered Institute of Management Accountants from 29 Apr to 1 May at a specially-arranged discounted rate available for members who qualified through the Institute's Qualification Programme (QP). The programme will provide training for the strategic case study exam and serve as a path for the CGMA designation. Join the information session on 13 Feb to learn more about the programme.
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.

CPA Singing Contest winners

Congratulations to Iris Poon, solo division champion, and Jacqueline Hsui and Adam Wong, group division winners at the CPA Singing Contest on 18 Jan. The pairing of Kelly Lam and Allan Wong took the "Best Stage Presence" award and Lucia Fan and Tom Ho received the "My Favourite Performance" award. Click to see full results and photos.

CPA Football Competition winners

The CPA Football Competition concluded on 19 Jan. DFC won the competition, beating OFFC 2:0 in the final. Leung Kwan Yau, Winson of OFFC also took home the medal of "Speedy Scorer". Click to see results and photos.


Sign up for the fitness and stretching class in February and March to improve your overall health and well-being.

Don’t miss the bridge training course beginning on 8 Feb to polish your bridge playing skills.


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