Hong Kong, Beijing CPA Institutes Form Alliance


The Hong Kong Institute of CPAs and the Beijing Institute of CPAs signed a letter of intent May 28 to boost cooperation among small and medium-size accounting firms in both cities.

 

By signing the letter, the institutes agreed to establish an alliance to foster communication and exchange technical knowledge, expertise, training and business development opportunities between Hong Kong’s and Beijing’s accountancy communities.

 

Winnie C.W. Cheung, chief executive of the Hong Kong Institute of CPAs, and Guo Wenjie, president of the Beijing Institute of CPAs, signed the letter.

 

The agreement fits into China’s plan to further develop the accounting profession by creating at least 10 large firms and 200 medium-size firms by 2015 to support the country’s burgeoning business enterprises, particularly as they expand out of China.

 

Click here to view an interview with Cheung about China's changing accounting landscape.

 

More from the JofA:

 

 Find us on Facebook  |   Follow us on Twitter  |   View JofA videos

SPONSORED REPORT

Keeping client information safe in an age of scams and security threats

A look at the Dirty Dozen tax scams and ways to protect taxpayer information.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: IRS enforcement, a hot job, and audit value

The IRS’s 2016 Data Book, a “hot job” of particular interest at this time of year, and insight into how executive and audit committees view the insights from financial statement audits received attention recently. See how much you know with this short quiz.