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There, the auditing profession's self-regulatory framework has remained unchanged for a period of time, with the HKICPA holding oversight and discipline powers over the audit profession.
"This agreement strengthens long-standing links and friendships between CIMA and the HKICPA," said CIMA's managing director, Andrew Harding.
We look forward to working with our colleagues at the HKICPA to help maintain Hong Kong's reputation as a world-leading centre for business."
from its substantial shareholder, China International Marine Containers (Group) Co., Ltd., in 2014 and the Company has applied Accounting Guideline 5 issued by HKICPA to account for the acquisition.
Hong Kong auditing firms, meanwhile, are subject to regulation by the HKICPA [Hong Kong Institute of Certified Public Accountants] through its practice review programme and disciplinary proceedings.
Kam starts his career in the auditing profession, including four years with Price Waterhouse (now PwC), becoming a member of the Hong Kong Institute of Certified Public Accountants (HKICPA).
The Awards Programme is supported by the Financial Services and the Treasury Bureau, Securities and Futures Commission, Hong Kong Exchanges and Clearing Limited, HKICPA, the Hong Kong ChineseEnterprises Association, and the Hong Kong Investment Funds Association.
An agreement with HKICPA is due to be signed in September.
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