Hong Kong Institute of Certified Public Accountants (HKICPA)

🚨 𝐈𝐧𝐥𝐚𝐧𝐝 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 (𝐈𝐑𝐃) – 𝟐𝟎𝟐𝟒/𝟐𝟓 𝐏𝐫𝐨𝐟𝐢𝐭𝐬 𝐓𝐚𝐱 𝐅𝐢𝐥𝐢𝐧𝐠 The IRD issues 2024/25 Profits Tax Returns (PTRs) today. Taxpayers are encouraged to participate in voluntary e-filing of their PTRs together with the supporting documents (including financial statements and tax computations), in iXBRL format. To facilitate the preparation of iXBRL data files, the IRD is providing the IRD Taxonomy Package and the IRD iXBRL Data Preparation Tools free of charge, via their website. Major enhancements for this year include accepting the import of financial statements in Microsoft Excel format into the English Tagging Tool, and enriching the selection of currency types. The IRD will launch three interconnected portals, namely Individual Tax Portal, Business Tax Portal (BTP) and Tax Representative Portal (TRP), in July 2025 to provide a wide range of electronic services. The BTP and TRP will be pre-launched for account registration starting from late April 2025.  🔗Useful links: www.ird.gov.hk/e_epf (e-Filing) https://lnkd.in/gFuJPiUY (iXBRL Filing) Inland Revenue Department

🌱 𝐇𝐊𝐅𝐑𝐒 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐃𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐬: 𝐇𝐨𝐰 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐬 𝐬𝐡𝐨𝐮𝐥𝐝 𝐦𝐞𝐞𝐭 𝐭𝐡𝐞𝐦 𝐡𝐞𝐚𝐝 𝐨𝐧 🌍 The release of the HKFRS Sustainability Disclosure Standards (HKFRS SDS) marks a major milestone in enhancing transparency and consistency in sustainability reporting. But how prepared are organizations for this transition? In this Q&A, Landico Wong, Senior Sustainability Manager at DFI Retail Group, shares her insights on how to implement these standards. Explore more in our latest article! 📖💡   Link to full story: 🔗 https://lnkd.in/gnxcKRgm #Sustainability #ESG #HKFRS #SustainabilityReporting #HKICPA #CorporateGovernance #ISSB

🏓🤝 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐒𝐩𝐨𝐫𝐭𝐬! To better support and engage our members in Mainland China, the Institute’s Beijing Representative Office joined hands with the Chinese Institute of Certified Public Accountants (CICPA) to co-host a sports networking event on 23 March. HKICPA members and QP graduates based in Beijing gathered for a day of friendly table tennis and badminton matches, fostering communication, building camaraderie, and strengthening ties within the local member community as well as with our CICPA counterparts. We look forward to bringing you more exciting events like this throughout the year! 💪🏸 #HKICPA #CICPA #Networking #SportsDay #BeijingEvent #MemberEngagement #ProfessionalCommunity

🌟 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐢𝐧𝐠: 𝐐𝐏 𝐄𝐱𝐚𝐦𝐬 𝐠𝐨 𝐝𝐢𝐠𝐢𝐭𝐚𝐥! 🌟 The Institute is thrilled to announce the launch of 𝐂𝐨𝐦𝐩𝐮𝐭𝐞𝐫-𝐛𝐚𝐬𝐞𝐝 𝐄𝐱𝐚𝐦𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐬 (𝐂𝐁𝐄) for the Qualification Programme (QP) in collaboration with the Hong Kong Examinations and Assessment Authority (HKEAA) 💻✨ This upgrade delivers a smarter, greener and more efficient assessment experience for QP students: ✔️ 📄 𝐏𝐚𝐩𝐞𝐫𝐥𝐞𝐬𝐬, 🔒 𝐬𝐞𝐜𝐮𝐫𝐞, 💻 𝐟𝐮𝐥𝐥𝐲 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐢𝐳𝐞𝐝 ✔️ ⚡ 𝐃𝐲𝐧𝐚𝐦𝐢𝐜 𝐚𝐧𝐝 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 ✔️ 🌍 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐬 𝐚𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 🌱 Edward Au, President of HKICPA, said, “The implementation of Computer-based Examinations marks a significant step forward for the Qualification Programme, bringing it into the digital age and enhancing the experience for our students while also embracing environmental sustainability. This transition not only aligns with the global trend towards paperless assessments but also provides a more dynamic and efficient platform for our candidates and reduces our environmental footprint. The HKICPA remains committed to providing world-class training and supporting the career development of CPAs, contributing to Hong Kong's continued success as a leading international financial center." CBE will be rolled out in phases, covering Associate, Professional, and Capstone levels in both Hong Kong and Mainland China 🌍. 🔗 𝐋𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞: 📄 Press release: https://lnkd.in/g8yqkQaM 📅 Implementation Timetable: https://lnkd.in/gmjEij9u Join us in this exciting journey towards a more digital and sustainable accounting profession! #ComputerBasedExaminations #QP #QPGoesDigital #Sustainability #DigitalTransformation #AccountingProfession #HKICPA

Recognized by the World Federation of Exchanges (WFE) in its 2025 WFE Women Leaders list, Vanessa Lau, Chief Operating Officer & Group Chief Financial Officer of Hong Kong Exchanges and Clearing Limited (HKEX), shares how ICAEW has broadened her global perspective and the ICAEW designation can elevate your careers.   By joining through the HKICPA reciprocal programme, HKICPA members gain access to ICAEW’s vast international network, innovative thought leadership, and essential skills to thrive in today’s dynamic financial landscape, offering a significant advantage in career progression.   Discover more: icaew.com/8reasons

🌍 Navigating risk & compliance in 2025: What’s ahead? 🚀    For forensic accountants in risk advisory, no two matters are the same and the matters being handled are often contentious and have legal or regulatory implications for their clients.   In this Q&A, Cliff Lam, Director at AlixPartners, shares his insights on how the QP and his past training have helped shape his career as a forensic accountant.    Read about this insights into what risk and compliance challenges lie ahead in 2025! 📖💡   Link to full story: 🔗https://lnkd.in/gngZjw8H   #RiskManagement #Compliance #Geopolitics #FinancialRisk #FraudPrevention #BusinessStrategy

𝐄𝐯𝐞𝐧𝐭 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 Don't miss out our upcoming events that cover valuable topics: 1. Face-to-face seminar: Navigating Intellectual Property Challenges and Opportunities for Hong Kong Enterprises in the Context of China's 14th Five-Year Plan (9 April 2025) ➤ Link: https://bit.ly/3Da0EI5 2. Face-to-face seminar: Understanding Scope 3 Emissions: Navigating Financed Emissions and the Future of Green Banking (14 April 2025) ➤ Link: https://bit.ly/3DvCUxV 3. Live webinar: Entities Listing on HKEX Series – Session 1: Global Pillar 2 Update (30 April 2025) ➤ Link: https://bit.ly/41WjhY3 4. Joint YMC - PICIG study tour to Greater Bay Area cities – Shenzhen and Dongguan (25 April 2025) ➤ Link: https://bit.ly/3Dknddb 5. Going green with electric vehicles – sustainability insights and test drive (13 April 2025) ➤ Link: https://bit.ly/4kF2r8z 6. Live webinar: HKFRS 18 in Focus - Practical Insights for Implementation ➤ Link: https://lnkd.in/gCpaky9x 7. HKFRS SDS Workshop Series: Key principles in HKFRS S1 & Stakeholder Engagement (8 May 2025) ➤ Link: https://lnkd.in/g3p74kJf 8. Foreign-sourced income exemption regime: Updates after the first two years of implementation (9 April 2025) ➤ Link: https://lnkd.in/giE4MAgq 9. Latest trends in tax controversy and the myth of offshore structures – could localization/ re-domiciliation help? (11 April 2025) ➤ Link: https://lnkd.in/g9iYek-P #HKICPA #MemberEvent

𝐁𝐞 𝐢𝐧𝐬𝐩𝐢𝐫𝐞𝐝 𝐛𝐲 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐬𝐭𝐨𝐫𝐢𝐞𝐬 𝐨𝐟 𝐌𝐚𝐢𝐧𝐥𝐚𝐧𝐝 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞𝐬 𝐠𝐨𝐢𝐧𝐠 𝐠𝐥𝐨𝐛𝐚𝐥!🚀 Every venture is better with a companion by your side. In the second case study on how Hong Kong accounting firms are helping Mainland enterprises go global, we look at how SHINEWING helped a Mainland enterprise complete a secondary listing in Hong Kong, facilitating further opportunities in the Asia Pacific region. ✨ Dive in here: https://lnkd.in/gwsrpdbE (Available in Chinese only) Earlier this year, the Institute launched the “List of accounting firms helping Mainland enterprises go global” (the List) to connect Mainland enterprises with the right accounting firms, facilitating global market expansion by leveraging Hong Kong’s world-class professional services to support Chinese businesses in their overseas journeys. 🔍 Access the List now: https://lnkd.in/gFD89-z2 📢 The list is continuously being updated! If your firm is interested in joining, fill out the survey below. Once we receive your response, we will contact you as soon as possible. 🔗Join the list now: https://lnkd.in/gFsHmRMP #InternationalExpansion #AccountingServices #HongKong #MainlandChina #BusinessSuccess

𝐂𝐏𝐀 𝐟𝐨𝐫 𝐍𝐆𝐎: 𝐞𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐛𝐞𝐭𝐭𝐞𝐫 𝐠𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐦𝐚𝐤𝐢𝐧𝐠 🌍✨ When you think about voluntary non-governmental organizations (NGOs), you probably picture the amazing impact they have, but not necessarily the need for good governance to sustain its operations. That's why the Institute is all about empowering NGOs by boosting their governance and decision-making skills with the expertise of our brilliant CPA members. 🌟📊 As part of the Institute’s initiative, 𝐂𝐏𝐀 𝐟𝐨𝐫 𝐍𝐆𝐎🤝, the Institute partners with the 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐂𝐨𝐮𝐧𝐜𝐢𝐥 𝐨𝐟 𝐒𝐨𝐜𝐢𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 (𝐇𝐊𝐂𝐒𝐒) to share best governance practices with NGOs. On 14 March, HKCSS organized an induction training session with the theme of 𝐀𝐝𝐚𝐩𝐭𝐢𝐯𝐞 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞. 🧠🌟 With the aim of delivering compact yet potent training, the session was designed to provide participants with practical insights for application within their organizations. Santos Li, an Accountant Ambassador of the Institute, hosted a part of the session to share insights on: - Resource allocation for maximizing impact; and - Fundamental accounting knowledge to drive effective decision-making in NGO boardrooms. The session was participated by about 30 board and committee members, heads, and senior management of different NGOs. Find out more about the Institute’s variety of CSR programmes here: https://lnkd.in/g8XdpPyn Interested in becoming an Accountant Ambassador? ✨📝 Fill out the application form here: https://shorturl.at/KtD6y and return it to us via fax or email. (Fax: 2865 6603 / Email: hkicpa@hkicpa.org.hk) #CSRProgramme #CPAsforNGO #AccountantAmbassador #HKICPA #社聯 #NGOgovernance

[Abridged minutes of the February Council meeting] The abridged minutes of the February Council meeting are now available for members to read. 🔗You can find them both after logging into your account here: https://lnkd.in/ghTrz8dH #HKICPA #CouncilMeeting