Members of the Hong Kong Institute of Certified Public Accountants last week voted to find a replacement for current CEO Raphael Ding Wai-chuen. Photo: Handout
Enoch Yiu
Opinion

Opinion

White Collar by Enoch Yiu

Here is why the HK$189m payout could prove to be financially dangerous for accountants’ body

With members voting to distribute 50pc of Hong Kong Institute of Certified Public Accountants’ cash reserves, the institute will be left with HK$78.91m, enough to only cover three months of its annual expenses of HK$253m

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Members of the Hong Kong Institute of Certified Public Accountants last week voted to find a replacement for current CEO Raphael Ding Wai-chuen. Photo: Handout
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