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HKICPA SSD

HKICPA SSD

Accounting

Hong Kong , Wanchai 1,653 followers

Hong Kong Institute of Certified Public Accountants Standard Setting Department

About us

HKICPA Standard Setting Department aims to engage with stakeholders on topical matters mainly relating to Hong Kong standards for financial reporting, auditing and professional ethics for accountants. Learn about the significant role the Institute plays in shaping financial reporting standards and preparing stakeholders for their implementation: https://aplusmag.goodbarber.app/previous-issues/c/1/i/35899226/fashioning-global-standards

Industry
Accounting
Company size
201-500 employees
Headquarters
Hong Kong , Wanchai

Updates

  • Workshop for new auditors (re-run) Tailored for audit staff with less than two years of experience, the Institute’s workshop (https://lnkd.in/guX5wH-J) held across 8, 24 and 27 May will focus on the core concepts and practical skills essential for new auditors of financial statement audits. The workshop applies an interactive learning format through discussions, case studies and role-play. Speakers will discuss auditing concepts and practical skills, as well as share their practice experience relevant to new auditors. #hkicpa #workshop #auditor

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  • Institute workshops on Hong Kong Risk-Based Capital (HKRBC) – June series The HKRBC, introduced by the Insurance Authority, adopts a new approach to capital adequacy and regulatory reporting for the insurance industry in Hong Kong and is expected to take effect in mid-2024. Given the effective date approaching soon, all insurance companies need to be ready for their implementation. The Institute conducted two series of face-to-face workshops on HKRBC in 2023 and will be holding another series in June. (https://lnkd.in/gmpTSSxg) In addition to the content covered in the 2023 workshops, the speakers will provide updates on the developments of HKRBC. They will also share their insights and practice experience on the major challenges in implementing HKRBC, as well as observations on solutions to accelerate the regulatory reporting filing process. Those who did not attend the workshops in 2023 should not miss this opportunity. ·        Long term insurance: 12 and 13 June  ·        General insurance: 17 and 27 June Space is limited for face-to-face workshops. Register now to secure your place. #hkicpa #workshop #HKRBC

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  • View organization page for HKICPA SSD

    1,653 followers

    Institute Virtual Roundtable Discussion: IASB ED on Business Combinations-Disclosures, Goodwill and Impairment  The Institute will be holding a virtual roundtable on 27 May to obtain views from stakeholders on the International Accounting Standards Board (IASB) Exposure Draft (ED) (https://lnkd.in/gdmdPGJV) Business Combinations—Disclosures, Goodwill and Impairment. The ED would affect any entity that enters into a business combination or has cash-generating units containing goodwill, as well as the impairment test for all assets to which International Accounting Standard 36 Impairment of Assets applies.   Members and other interested parties are highly encouraged to join the roundtable to understand the effects of the ED and express their views on how business combinations should be reported. Register (https://lnkd.in/g4uWYRJC) to reserve your place by 17 May. #hkicpa #roundtable #iasb #exposuredraft

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