Most people working in the accounting and finance sector have a rosy outlook and expect annual pay rises during the next few years, a survey found yesterday. The Association of Chartered Certified Accountants Hong Kong (ACCA) and recruitment consultant Michael Page International interviewed 1,500 ACCA members last month and found that 66 per cent had received a pay rise last year, with 33 per cent seeing a 1 to 5 per cent increase and 23 per cent a 6 to 10 per cent. Sixty-seven per cent expected a pay rise this year, 74 per cent next year and 73 per cent in 2007, with 20 per cent saying they expected the rises to be more than 6 per cent. Ninety per cent also said the market was good or getting better. ACCA chairman Jimmy Chung Wai-kwok said salaries would be rising due to an increase in mainland-Hong Kong trade. 'Companies are very concerned about their governance, so they need more accounting staff.' He said increase in demand had pushed up salaries. Dan Chavasse, managing director of Michael Page International (Greater China), said the findings also showed that a shortage of Putonghua speakers was helping to push up salaries.