PDF《Development/Member Support》

TechWatch updates you on technical developments in financial reporting, auditing, ethics, regulation and business.

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. Click here for past issues. Contents Standard Setting Developments Member'

s Handbook 1. Handbook Update No. 192-193 Audit &

Assurance 2. Institute'

s Auditing and Assurance Standards Committee Meeting Minutes 3. New Invitation to Comment 4. International Updates Ethics 5. International Update Financial Reporting 6. Institute'

s Financial Reporting Standards Committee Meeting Minutes 7. Institute'

s Letter to IASB Chairman 8. Reporting Reminders 9. International Updates Technical Learning and Support 10. New Programmes and Audit Practice Manual Useful Resources 11. Institute'

s Technical Resource Centres 12. LinkedIn 13. Publications Advocacy and Practice Development/Member Support Professional Accountants in Business 14. HKEX Publishes Review Results of Disclosure in Issuers'

Annual Reports Corporate Finance 15. Price Volatility of GEM Stock Taxation 16. Announcements by the Inland Revenue Department 17. Institute'

s Tax-related Submissions Legislation &

Other Initiatives 18. Public Consultation on the AML Regulatory Framework for DNFBP 19. Anti-Money Laundering Notices Useful Resources 20. Library Resources 21. Other Publications Standard Setting Developments by: Christina Ng (Editor), Kam Leung, Daisy Xia Advocacy and Practice Development by: Peter Tisman (Editor), Eric Chiang, Elena Chai, Wallace Wong Member Support by: Mary Lam (Editor), Eddy Wong TechWatch is prepared by the Hong Kong Institute of CPAs and is intended for general guidance only. Professional advice should be taken before applying the content of this publication to your particular circumstances. While the Institute endeavours to ensure that the information in this publication is correct, no responsibility for loss to any person acting or refraining from action as a result of using any such information can be accepted by the Institute. This publication contains certain links to resources located on servers, or websites, maintained by third parties, over whom we have no control. Accordingly, the Institute accepts no responsibility or liability for any of the material contained on those servers or the accuracy or legality of information contained on other websites. Issue

171 ? January

2017 2 Issue

171 ? January

2017 Standard Setting Developments Member'

s Handbook 1. Handbook Update No. 192-193 Handbook Update No.192 relates to the new standard Responding to Non-Compliance with Laws and Regulations (effective from

15 July 2017). Handbook Update No.193 covers: ? amendments to various HKFRS standards (effective for annual reporting periods beginning on or after

1 Jan 2016);

? new HKSIR

200 Accountants'

Reports on Historical Financial Information in Investment Circulars guidance on the preparation of an accountant'

s report under the Hong Kong listing rules (effective for investment circulars dated on or after

1 July 2017);

and ? new guidance on revised HKSIR

400 (Revised) Comfort Letters and Due Diligence Meetings (effective immediately). Audit &

Assurance 2. Institute'

s Auditing and Assurance Standards Committee Meeting Minutes The minutes for the

361 st AASC meeting held on

15 November

2016 is available. 3. New Invitation to Comment The Institute is seeking comments on the International Auditing and Assurance Standards Board'