CPA Canada Hong Kong chapter: News

The latest news from Chartered Professional Accountants of Canada (CPA Canada’s) Hong Kong chapter on the CPA designation, chapter updates, membership notices and more.

Latest news

2016 CPD reporting requirement

The 2016 Continuing Professional Development (CPD) year is drawing to a close. Please be reminded that by December 31, 2016, you are required to meet the three-year cycle and annual CPD requirements. Unless a CPD exemption/reduction applies to you, generally the minimum CPD requirements are:

  • Annually: 20 hours of CPD, at least 10 of which must be verifiable
  • Three-year cycle: 120 hours of CPD, at least 60 of which must be verifiable (including four hours of business ethics

The deadline for reporting your 2016 CPD is January 31, 2017.

CPD reporting for BC members is available online. You can log your CPD activities throughout the year as you complete them. You can also get more information about CPABC CPD requirements online. If you have any questions regarding your CPD reporting, please contact either the CPA Administrator, Lisa Murray, at 604-488-2614 or Irene Tomyn at 604-730-6247. They can also be reached via email.

New ad campaign shows how CPAs navigate change and drive success

On October 17, 2016, CPA Canada launched a new national advertising campaign that clearly demonstrates the value the profession brings by helping organizations chart a course for success in an ever-evolving economy.

Board activities

Chapter chair Gary Wong attended the trade delegation reception hosted by the Premier of New Brunswick on October 7, 2016.

Flying back to Canada as a dual citizen?

Are you a Canadian citizen and a citizen of a visa-exempt country? Can you still fly to Canada with your foreign passport? Yes, you can but only until November 9, 2016. Learn more.

Canadian tax advisory services

We receive occasional requests from members and external parties for referral of Canadian tax advisory services. If you are interested in providing such services, please write to us with a brief introduction of your relevant credentials.

Your personal profile

Please ensure that your personal profile with CPA Canada is current and complete. Please contact your provincial CPA body to update the details in your profile.

From time to time, CPA Canada will send you information that may pertain to your specific interests and needs. To ensure that you can take advantage of all the member benefits, it is crucial that your profile is updated regularly.

About your Canadian CPA Canada designation

Chartered Professional Accountants of Canada (CPA Canada) has received inquiries about the use of the Canadian CPA designation in Hong Kong. There are several matters that members must consider:

  • The use of the Canadian CPA designation is granted by a provincial CPA or legacy body. At this time, not all provincial bodies have given members the right to use the Canadian CPA designation, as provinces are in different stages of obtaining CPA provincial legislation. Members must confirm with the provincial body of which they are a member that they have the right to use the CPA designation.
  • Under the unification agreements, in those provinces where members are permitted to use the CPA designation, legacy members are required to also display their legacy designation, e.g. CPA, CA; CPA, CGA; CPA, CMA.
  • CPA Canada and the Hong Kong Institute of Certified Public Accountants (HKICPA) have discussed the use of the Canadian CPA designation in Hong Kong, where HKICPA is the statutory regulator of the Hong Kong CPA designation. Both parties agree that protection of the public interest is paramount and there must be no confusion about the origin of the CPA designation. As such, HKICPA will permit the use of the Canadian CPA designation as long as it is clear that it is the Canadian designation. The following format has been accepted by the HKICPA: CPA (Canada), CA; CPA (Canada), CGA; CPA (Canada), CMA.
  • It must be noted that the use of the CPA designation within Canada must conform with provincial requirements and therefore it would not be possible to use the CPA (Canada), CA; CPA (Canada), CGA; or CPA (Canada), CMA designations while conducting business within Canada.

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