The
HKICPA
and
CPAA
held
an
MRA
extension
signing
ceremony.
The
MRA
was
signed
by
Margaret
Chan,
Chief
Executive
and
Registrar
of
HKICPA
(front
left),
and
Rowena
Buddee,
Chief
Member
Experience
Officer
of
CPAA
(front
right),
under
the
witness
of
Edward
Au,
President
of
HKICPA
(back
left)
and
Karina
Wong,
Divisional
President
of
Greater
China
of
CPAA
(back
right).
The
HKICPA
has
held
MRA
with
CPAA
since
2000,
which
widened
the
development
opportunities
for
accounting
professionals
in
Hong
Kong.
The
new
5-year
MRA
between
HKICPA
and
CPAA
continues
to
enhance
the
professional
development
mobility
of
their
members.
HKICPA
members
completing
the
Qualification
Programme
(QP)
of
the
HKICPA
and
having
at
least
three
years
of
relevant
practical
experience
in
accountancy,
may
apply
for
CPAA
membership
through
the
MRA.
On
the
other
hand,
CPAA
members
completing
CPAA’s
CPA
Program
and
having
at
least
three
years
of
relevant
practical
experience
in
accountancy,
may
apply
for
HKICPA
membership
after
completing
the
Institute’s
Aptitude
Test
in
Hong
Kong
Taxation
and
the
Capstone
of
the
QP.
In addition, the new MRA has been enhanced in several aspects to ease the path for members of both professional bodies to gain professional qualifications offered by the HKICPA and CPAA. These enhancements include extending the eligibility for HKICPA membership by relaxing the geographical limitation on the origin of undergraduate degrees obtained by CPAA members, and removing the geographical restrictions on their completion of CPAA’s CPA Program. The HKICPA believes that the enhanced MRA would attract more overseas accounting talents to seek qualification as HKICPA members and work in Hong Kong. Meanwhile, the geographical restriction on the completion of the QP by HKICPA members seeking CPAA membership has also been removed.
On last Friday (20 June), the HKICPA and CPAA held an MRA extension signing ceremony. The MRA was signed by Margaret Chan, Chief Executive and Registrar of HKICPA, and Rowena Buddee, Chief Member Experience Officer of CPAA, under the witness of Edward Au, President of HKICPA and Karina Wong, Divisional President of Greater China of CPAA.
HKICPA President Edward Au said, “We are delighted to continue our collaboration with CPAA, which reflects our commitment to nurturing high-quality professional talent for Hong Kong’s accounting industry and advancing the development of the profession. This mutual recognition agreement provides our members with greater professional mobility and further supports them in achieving their professional goals. The HKICPA will continue to work hand in hand with professional accounting organizations to contribute to solidifying Hong Kong’s position as an international financial center.”
CPAA’s Divisional President of Greater China Karina Wong said, “The MRA provides members of both professional bodies a streamlined pathway to take up each other’s designation and further improve their career opportunities. Renewing this agreement for a fifth time also allows both organisations to continue delivering high-quality education programs that strengthen the technical capabilities of accounting, business and finance professionals all around the world. Forming and strengthening positive, collaborative relationships with professional accounting bodies is a priority for CPA Australia and we thank the Hong Kong Institute of Certified Public Accountants for many years of mutually beneficial commitment.”
As one of the founding members of the Global Accounting Alliance (GAA), HKICPA has consistently engaged in exchanges with international accounting professions, and remains committed to upholding the international recognition of its membership. Including CPAA, the HKICPA holds mutual membership recognition agreements or mutual examination papers exemption agreements with 11 accounting bodies in the Mainland and overseas. In the future, the HKICPA will continue to expand its global network, explore potential collaborations with more overseas accounting bodies to facilitate exchanges and opportunities for new mutual recognition agreements for members.
https://www.hkicpa.org.hk/
https://www.linkedin.com/company/hong-kong-institute-of-certified-professional-accountants/
https://www.facebook.com/hkicpa.official
https://www.instagram.com/hkicpa.official/
Hashtag: #HKICPA
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