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15 October 2008 Auditorium, Hong Kong Institute of Certified Public Accountants (2:30 p.m. - 6:30 p.m.)

About the Forum

There is no stopping the march of International Financial Reporting Standards. More than 100 jurisdictions have adopted these standards, and the news that the United States will be adopting them as will Japan, India and other huge market shows these standards are here to stay. China's massive convergence project, announced last year, is another important marker. Hong Kong achieved full convergence in 2005 and has been working with China to bring about substantial convergence between Chinese accounting standards for business enterprises and HKFRS over the past year. The Hong Kong Institute of CPAs’ Financial Reporting Forum 2008 is bringing together speakers from the Institute, the International Accounting Standards Board, and the Ministry of Finance to discuss the most important development of international standard setting in the world today. This forum is for standard setters, preparers and auditors, for CEOs, CFOs, professional accountants and others interested in financial reporting. Sign up now to join and hear the latest news and views in standard setting from an international and local perspective.

Date: 15 October 2008 Time: 2:30 p.m. - 6:30 p.m. Venue: Auditorium, Hong Kong Institute of Certified Public Accountants, 27/F., Wu Chung House, 213 Queen's Road East, Wanchai, Hong Kong CPD Credit Hours: 4 hours Fee: HK $500 for Member HK $700 for Non-member Language: English

Programme

Introduction – Ms. Winnie C.W. Cheung, Chief Executive & Registrar, Hong Kong Institute of CPAs Keynote – Why Hong Kong should adopt IFRS as our GAAP?– Dr. the Hon. Marvin Cheung Kin-tung, GBS, OBE, JP, Trustee member, International Accounting Standards Committee Foundation

Panel Discussions

Part I: IFRS Future Development and Implementation of HKFRS/IFRS - IFRS Future Developments - A preparer's perspective since adopting HKFRS/IFRS in 2005     - An auditor's perspective since adopting HKFRS/IFRS in 2005     Chairman: Mr. P.M. Kam, Member, International Accounting Standards Board Advisory Council   Panelists: Mr. Wayne Upton, Director of International Activities, International Accounting Standards Board   Mr. James Fawls, Senior Manager Accounting Policy, Asia Pacific Finance, HSBC   Mr. Peter Picton-Phillipps, Partner, Global Financial Services, Ernst & Young Part II: Implementation of ASBE and Ongoing Standards Convergence - Implementation of ASBE in 2007     - Ongoing Standards Convergence     Chairman: Ms. Winnie C.W. Cheung   Panelists: Mr. Wayne Upton   Ms. Li Hongxia, Director of Accounting Standards of Accounting Regulatory Department, Ministry of Finance, PRC   Mr. Raphael Ding, Partner, Grant Thornton

Keynote Speaker

Dr. the Hon. Marvin Cheung Kin-tung GBS, OBE, JP Trustee Member International Accounting Standards Committee Foundation

Chairmen of Panel Discussion

Mr. P.M. Kam Member IASB Standards Advisory Council Ms. Winnie C. W. Cheung Chief Executive & Registrar Hong Kong Institute of Certified Public Accountants         Panelists         Mr. Wayne Upton Director of International Activities International Accounting Standards Board Ms. Li Hongxia Director of Accounting Standards of Accounting Regulatory Department Ministry of Finance, PRC         Mr. Peter Picton-Phillipps Partner Global Financial Services Ernst & Young Mr. Raphael Ding Partner Grant Thornton         Mr. James Fawls Senior Manager Accounting Policy Asia Pacific Finance HSBC

Read more by downloading our Chairmen, Speakers and Panelists' profiles.

How to Register

Complete our online enrolment or download the registration form, complete and return it to the Operation & Finance Department on or before the deadline, together with full payment.

Enquiries

Should you have any question about the Forum, please contact Members & Corporate Services at 2287 7034 or email: mcs.msce@hkicpa.org.hk.