22 August 2019

Dear members,

I am writing to share with you the Council decision regarding the 2020 membership fee and the arrangement of the upcoming MembersíŽ Forums.

2020 Membership Fee waiver

I am pleased to announce that Council has decided to have a full membership fee waiver for 2020 for members who were on the register of members at 31 December 2017.

As a background, the Council, back in May 2018 decided to introduce a membership fee waiver for 2019 and 2020 for members on the register of members at 31 December 2017, subject to sufficient reserves being maintained to meet the operation need. Following the full fee waiver for 2019, the Council has recently evaluated the latest financial projections of the Institute and determined to have a full fee waiver for 2020. The impact of the full fee waiver two years on the roll would be fully reflected in the coming two financial years.

Members' Forums 2019 íV Be Part of The Plan!

To enhance communications between members and the Institute, a series of Members' Forums will be hosted from mid-September to apprise members of the Institute's latest developments. The forum helps you understand the focus and work of the Institute and allows you to express your views relating to issues affecting the accountancy profession, as well as your expectation of the Institute.

All of you are cordially invited to participate in the forum as your inputs are important to us! Join any session of the forum to share your views.

The forum is free of charge and CPD hour will be given. Click here for details and register by 6 September.

I, together with two Vice Presidents and the Chief Executive & Registrar look forward to meeting you and listening to you at this event.

Yours sincerely,

Patrick Law
Hong Kong Institute of CPAs


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