The Institute's CPA Qualification Programme (CPA QP) has been included in the list of reimbursable courses for Continuing Education Fund (CEF) purposes. CPA QP candidates may apply for Continuing Education Fund reimbursement of up to $10,000 out of the CPA QP cost $14,000.

Mutual Examination Paper Exemptions for Mainland and Hong Kong Accountants

Good news! With immediate effect, CPA QP graduates will be exempted from two subjects: Financial Cost Management ( 財務成本管理 ) and Auditing ( 審計 ) of the PRC CPA Uniform Examination ( 中國註冊會計師全國統一考試 ). The agreement was signed in Beijing on 27 August 2004 under the Closer Economic Partnership Arrangements II. For more details, please visit www.hkicpa.org.hk/whatsnew/agreement.php

Student Registration and Module Enrolment

The closing date for student registration and module enrolment for the May 2005 Session of the CPA QP is 29 April 2005.

The Institute published its new Competency-based Practical Experience Framework ("PEF") as part of the requirements for HKICPA membership admission purposes in September 2002.

Under this framework, it has become mandatory from 1 January 2005 for all registered students to obtain the appropriate type and level of practical experience under the supervision of an Authorised Employer ("AE") / Authorised Supervisor ("AS") registered with the HKICPA .

Registered students are also required to use the record form in the Prospective Members' Training Guidelines ("PMTG") to record their practical experience. A hard copy of the "PMTG" has been given to you upon approval of your student registration.

Students who have difficulties in acquiring practical experience under the supervision of an AE or AS, please notify the Institute immediately by completing the "Online Comment Form". We would endeavour to assist you as soon as possible.