PracticeAuditICAEW to admit Hong Kong accountants

ICAEW to admit Hong Kong accountants

The institute is set to sign an agreement with its equivalent professional body in Hong Kong, which will allow qualified accountants in Hong Kong to take up full membership of the ICAEW.

Link: Members vote for principle-based approach to CPD

Both institutes have already signed a ‘Heads Of Terms’ accord, which is expected to lead to formal agreement on co-operation intended to foster closer working relations between both professional bodies.

Hong Kong accountants who qualify will have access to the same range of advice and support given to existing members as well as binding them to the high ethical standards expected of institute members.

Commenting on the agreement, the ICAEW’s chief executive Eric Anstee said: ‘This is a very exciting opportunity for the ICAEW. The increasing globalisation of the profession makes it a strategic imperative that we forge international partnerships and exchange best practice.

Winnie Cheung, CEO and registrar of the HKSA, said: ‘The HKSA’s goal is to produce the world’s best accountants. We want to continue to lead the region by maintaining and expanding our geographic reach whilst following the highest world standards in training and governance.’

Related Articles

Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

Audit Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

4d Emma Smith, Managing Editor
PCAOB sanctions former Deloitte Turkey CEOs over altered documents

Audit PCAOB sanctions former Deloitte Turkey CEOs over altered documents

1w Alia Shoaib, Reporter
KPMG South Africa to review past audit work amid fresh scandal

Audit KPMG South Africa to review past audit work amid fresh scandal

1m Alia Shoaib, Reporter
FRC introduces £10m sanctions for Big Four firms

Audit FRC introduces £10m sanctions for Big Four firms

1m Alia Shoaib, Reporter
Ukraine’s PrivatBank files $3bn claim against PwC

Audit Ukraine’s PrivatBank files $3bn claim against PwC

2m Alia Shoaib, Reporter
Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

Audit Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

2m Alia Shoaib, Reporter
Big Four dominate FTSE 250 audit market in Q1 rankings

Audit Big Four dominate FTSE 250 audit market in Q1 rankings

3m Alia Shoaib, Reporter
Deloitte to pay $149.5m over Taylor, Bean & Whitaker audit failure

Audit Deloitte to pay $149.5m over Taylor, Bean & Whitaker audit failure

3m Alia Shoaib, Reporter