Accountancy

All the business world's a Cantonese opera stage

Illustration: Martin Megino

Had it not been for a fire, Albert Au Siu-cheung might have ended up as a film star rather than an accountant.

Saturday, 19 January, 2013, 5:12am

Accounting chief supports reform

Susanna Chiu, president of the Institute of Certified Public Accountants, will work with the government on oversight reform. Photo: Edmond So

The first female president of Hong Kong's peak accountancy body backs reform plans to expand oversight of auditors of listed companies, but believes the industry group will continue to play an important regulatory role.

7 Jan 2013 - 4:31am

Accountancy hires to slow in 2013

Keith Pogson says the Hong Kong Institute of Certified Public Accountants will continue to promote gender equality. Photo: Nora Tam

The accountancy sector, which has recruited aggressively in recent years, is expected to slow down its hiring next year.

12 Nov 2012 - 4:27am

A man's world? Don't count on it

Accountancy is still a man's world, but Winnie Cheung Chi-woon, chief executive of the Hong Kong Institute of Certified Public Accountants (HKICPA), has managed to smash through its glass ceiling. And she says women are playing a much bigger role than when she started.

2 Jul 2012 - 12:00am

Builders' supplier admits error over accounts auditing

Listed building materials distributor E. Bon Holdings says its final results were mistakenly termed 'audited' despite its auditors not signing off on its books.

30 Jun 2012 - 12:00am

Auditors want law change scrapped

The accounting industry faces an uphill struggle as it battles to convince lawmakers to scrap a law change under which accountants could face criminal liability.

The Hong Kong Institute of Certified Public Accountants (HKICPA) is lobbying lawmakers to scrap the provision, but government and the pro-Democrat legislators are determined to push the reform through.

12 Jun 2012 - 12:00am

An 'ambassador' to count on

When Dean Westcott left school in the United Kingdom, he joined a retail organisation as a general management trainee. Towards the end of the two-year training programme, he had the chance to sit in at meetings with the chief financial officer (CFO) - and realised that all the key company decisions were being made by either the accountants or the lawyers.

9 Jun 2012 - 12:00am

Keeping track of US taxation

Executive Certificate in US Financial Governance HKUSPACE

After the handover, dealings between local and mainland businesses have surged, but Hong Kong's economy retains its special US links.

4 May 2012 - 12:00am

Auditing problems causing lay-offs

Accounting firms in the city are quietly laying off people in light of auditing problems at mainland companies that are expected to hit the initial public offering market this year.

One senior executive said certain medium-sized firms, including his, had started to lay off poorly performing workers amid fears the initial public offering market will slow.

13 Apr 2012 - 12:00am

Hong Kong watch list of mainland firms grow

Hong Kong regulators are monitoring an increasing number of irregularities at small to medium-sized mainland firms listed in the city.

Sophia Kao, the chairman of the Financial Reporting Council (FRC), said yesterday the accounting regulator had placed 13 Hong Kong-listed firms on a watch list in the past two months.

12 Apr 2012 - 12:00am

Questionable accounting

A new storm is brewing in the accounting world, this time centred around mainland firms listed on the Hong Kong stock market.

5 Apr 2012 - 12:00am

Audit regulator probes HK-listed mainland firms

Hong Kong's accounting regulator is investigating several local-listed mainland firms for suspected financial irregularities.

The Financial Reporting Council's probes follow fund managers' move last week to dump shares in the firms after their auditors quit.

3 Apr 2012 - 12:00am

Not enough women reaching top of accountancy sector

There have been more women than men joining the accountancy sector in recent years but statistics show the 'glass ceiling' still prevents many females from reaching senior level.

It is therefore heartening to hear international accounting firm Mazars recently promoted three women - Annie Chan, Alexandra Hui and Catherine Tse - to partners.

14 Feb 2012 - 12:00am

Mastering number crunching

Employment opportunities in Hong Kong for postgraduate students of accountancy continue to remain strong, despite the current European financial crisis and low growth rates in other countries of the developed world.

13 Feb 2012 - 12:00am

New vistas for young accountants

The CPA Australia Career Expo meets the needs of potential employees and employers from different angles, says Shirley Tsang, FCPA (Aust.), executive director at Tricor Services.

Tsang says that one benefit is the chance for participants to see how their careers might initially develop with Tricor.

14 Jan 2012 - 12:00am

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