SINCE its foundation, the primary goals of Hongkong Society of Accountants (HKSA), were to establish a standards watchdog and ensure adequate training of members.
It has continued to address these issues during its 20-year history.
In July 1973, the newly formed society began issuing council statements which laid down the standards to be met by all members.
These continued to be issued until January 1984 when they were replaced by members' handbooks which are now issued in three volumes and lay down standards and guidelines regarding ethics, accounting and auditing.
On the training side, in July 1973 the HKSA organised its first revision course for students to help them prepare for examinations, which were held in October of that year.
The revision course was hastily organised, but in looking to the long term, the first formal Continuing Professional Education (CPE) course began in February 1974.