Joint Webinar on “Further Reform of the Accounting Profession”



Further reform of the accounting profession is expected to commence in the 4th quarter of this year. Upon commencement, the Financial Reporting Council (FRC) will become the independent regulator for the accounting profession in Hong Kong and its name will change to Accounting and Financial Reporting Council (AFRC).
On 9 March 2022, the FRC launched its Engagement and Consultation Paper on further reform of the accounting profession (the Paper). The Paper provides explanation of its regulatory principles and approaches and aims to facilitate stakeholders to understand its rationale and solicit their views on how to ensure its proposed policies meet the expectations of the public through an effective disciplinary regime. The FRC invites interested parties and the public to share their views on or before 4 May.
To provide members with an in-depth understanding of the Paper, The Hong Kong Business Accountants Association and the Association of Hong Kong Accountants will organise a joint webinar.  Details are as follows:
13 April 2022, Wednesday

6:30 pm – 8:00 pm (*CPD: 1.5)
*Remarks: Requires to login and join the whole seminar

Highlights of
the webinar:                      
•           Background of the consultation
•           Discipline of professional persons (i.e. CPAs and practice units)
•           Investigation of professional persons

Mr TS Chan, Deputy Head of Investigation and Compliance, FRC
Mr TS Chan is the Deputy Head of the Investigation and Compliance Department of the FRC.  He is a certified public accountant and has over 30 years of experience in auditing and financial reporting.  
Ms Daisy Kwok, Deputy Head of Discipline, FRC
Ms Daisy Kwok is the Deputy Head of Discipline of the FRC.  She specialises in regulatory litigation and has extensive experience in enforcement matters.  Before joining the FRC, she set up the Enforcement Division of another regulator in Hong Kong.
Free for HKBAA Members

Corporate Member Group Registration:
Deadline: April 13 2022, Monday

3792 0952/ 3792 0951
(HKBAA Secretariat)
2593 2389/ 9192 3166
(Ms. Gogo Ko, Vice President and Convenor of  Professional Development Committee)



Hong Kong Business Accountants Association
Professional Development Committee