• Sat
  • Nov 29, 2014
  • Updated: 11:47am

Hong Kong Engagement Standards

Search is on for auditor to inspire colleagues

An auditor with spark and experience will do well in this leadership role.

The Hong Kong Science and Technology Parks Corporation is calling for applicants to apply for a head of internal audit position.

Saturday, 15 September, 2007, 12:00am

HKSA IDEA UNDER STUDY

Secretary for Financial Services and the Treasury Frederick Ma Si-hang said the government needed to study a Hong Kong Society of Accountants (HKSA) proposal for a government-funded body to investigate alleged accounting fraud. The government agreed to more independent members in the HKSA's investigation and disciplinary committee.

28 Feb 2003 - 12:00am

Accounting change to ease burden on SMEs

The Hong Kong Society of Accountants is to introduce accounting standards tailor-made for small and medium-sized companies in a bid to help them save time and money.

David Sun Tak-kei, newly elected president of the HKSA, said the society this year would study details of the new standards - to be called Small GAAP (generally accepted accounting principles).

20 Jan 2003 - 12:00am

Better rules, please, not more watchdogs

The Hong Kong Society of Accountants has, sensibly, decided to become part of the solution rather than remaining a problem. Accepting that self-regulation has manifestly failed to improve accounting practices, it has proposed a government-backed oversight body to police the profession.

24 Dec 2002 - 12:00am

Chaoda says auditors had 'no objection' to release

Chaoda Modern Agriculture (Holdings) says its auditors gave it a verbal go-ahead to release its financial results as 'audited' figures on Monday and only called for more information after the firm had made its announcement.

25 Oct 2002 - 12:00am

Auditing fees in spotlight

The Government is considering amending the law to force Hong Kong companies to disclose how much they pay their auditors.

The move is among central proposals under consideration as part of a comprehensive overhaul of the financial reporting disclosure requirements in the Companies Ordinance.

8 Apr 2002 - 12:00am

HKSA under fire over 'clerical error' fine

Hong Kong's accountancy regulator has come under attack in the Court of Appeal after fining a member HK$250,000 for a 'mere clerical error' in a case tainted by allegations of bias.

Peter Chan Po-fun is challenging the decision by the Hong Kong Society of Accountants (HKSA) to impose the fine for such an error in a company audit.

14 Dec 2000 - 12:00am

Tougher entry comes under fire

Proposed new joining requirements for the Hong Kong Society of Accountants (HKSA) have been branded 'unrealistic' and 'too harsh'.

Existing members expressed concern about the proposed changes during an HKSA forum yesterday.

16 Nov 2000 - 12:00am

Accounting society beats off legal challenge to investigative powers

The Hong Kong Society of Accountants (HKSA) has triumphed again in the latest challenge to its powers with a court ruling that bolsters its right to probe potential misconduct.

A judge has refused to strip the regulator of its power to crack down on suspected malpractice based on anonymous tip-offs and materials, a crucial element of the body's watchdog role.

30 Jun 2000 - 12:00am

HKSA flags Web security standards

The Hong Kong Society of Accountants (HKSA) plans in June to introduce Web-assessment standards similar to those in North America to enhance the protection of on-line shoppers.

The standards are necessary in light of the rapid development of Internet related business, HKSA president Kam Pok-man said.

14 Mar 2000 - 12:00am

Accountants join probe of own roles

The Hong Kong Society of Accountants (HKSA) has agreed with the Stock Exchange of Hong Kong to investigate its members' role in cases of suspected accounting malpractice conducted by listed companies.

Kam Pok-man, chairman of the HKSA, said the society is set to finalise details of an arrangement with the stock exchange for referring cases of fraud and accounting malpractice.

8 Nov 1999 - 12:00am

Suspect statements under investigation

The stock exchange has referred up to nine suspected mis-statement cases of listed companies to the Commercial Crime Bureau (CCB) since last year, of which at least some of the referrals are being investigated by the bureau, according to the Secretary for Financial Services Rafael Hui Si-yan.

15 Jul 1999 - 12:00am

Accountants to cease hostilities

The Hong Kong Society of Accountants (HKSA) is expected to sign a memorandum of understanding with the stock exchange within two months, thus ending a dispute between the bodies.

The memorandum will clarify the division of regulatory responsibilities.

HKSA president Kam Pok-man said all accounting matters prior to a listing would be regulated by the exchange.

12 Jun 1999 - 12:00am

Deal on regulatory roles expected soon between exchange and accountants

The Hong Kong Society of Accountants (HKSA) is expected to sign a memorandum of understanding (MOU) with the stock exchange soon to clarify the division of regulatory responsibilities.

The agreement follows tension between the two over the society's reports into three cases of suspected accounting malpractice involving listed companies.

10 Jun 1999 - 12:00am

HKSA defends reports

The Hong Kong Society of Accountants (HKSA) has defended reports it submitted to the stock exchange on three cases of suspected accounting malpractice.

'They [the exchange] asked general questions, and the society in fact has given them far more specific answers,' HKSA president Kam Pok-man said yesterday.

22 May 1999 - 12:00am

Pages