Showing 265 - 272 of 303 results
Press Releases
Press Releases AFRC issues its first Report on the Analysis of the PIE Audit Market in Hong Kong 27 March 2024 AFRC welcomes the Government’s support for a funding injection 25 March 2024 AFRC welcomes the passage of the Safeguarding National Security Bill 20 March 2024 AFRC reprimands Chan Steven Kwok Keung and Sino Corp CPA Limited and imposes pecuniary penalties totalling HK$100,000 for CPA misconduct 12 March 2024 AFRC welcomes the Government’s 2024-25 Budget 28 February 2024 Cross-Agency Steering Group launches revamped website for sustainable finance 21 February 2024
Press Releases
Press Releases FRC publishes articles with IFEC to educate retail investors 17 December 2021 FRC concludes that a listed entity failed to recognise an impairment loss on equity investments and its auditor failed to identify the misstatements 17 December 2021 FRC issues Guidelines for Effective Audit Committee and Report on Assessment of the HKICPA’s Performance of the Specified Functions 16 December 2021 FRC completes an investigation relating to an auditor’s failure to obtain necessary evidence to conclude that an associate was not impaired 14 December 2021 FRC launches new Whistleblowing Policy 1 December 2021 FRC and ICAC joint operation against suspected misconduct and bribery 22 November 2021
Press Releases
Press Releases FRC welcomes the Government’s 2022-23 Budget 23 February 2022 FRC establishes Sustainability and Climate Task Force 21 February 2022 Resignation of Executive Director, Deputy CEO and Head of Oversight, Policy and Governance 21 February 2022 FRC finds that an auditor failed to identify a material misstatement and to express an appropriate audit opinion 18 February 2022 FRC finds that an auditor failed to obtain the necessary evidence to support the measurement and recognition of a gain on extinguishment of a financial liability 30 December 2021 FRC finds that auditor failed to appropriately address an identified misstatement and to appropriately exercise professional judgement in determining overall materiality 23 December 2021
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Press Releases
Press Releases FRC welcomes the Government’s appointment of the Chief Executive Officer and Executive Director of the FRC 8 October 2020 FRC appoints Ms Grace Hui as an Honorary Adviser and a Member of the Inspection Committee 7 October 2020 FRC Expresses Profound Gratitude to the Retiring Non-Executive Directors (NEDs) and Welcomes the Government’s Appointment/Reappointment of NEDs 10 September 2020 FRC Welcomes the Appointments to Financial Reporting Review Panel 9 July 2020 Completed investigation on the audit of the consolidated financial statements of a listed entity for the year ended 31 March 2017 9 July 2020 Financial Reporting Council welcomes the 2019 Annual Report of the Process Review Panel 24 April 2020
Press Releases
Chiang & Co. for serious violations of fundamental auditor independence requirements 22 May 2025 AFRC Reaffirms Commitment to Integrity in Response to Allegations Against Accountants 9 May 2025 AFRC sets out Strategic Priorities for 2025-2027 31 March 2025 AFRC welcomes the Government’s 2025-26 Budget 26 February 2025 Cross-Agency Steering Group sets 2025 priorities to support growth of sustainable finance in Hong Kong 6 February 2025 AFRC Study Advocates for Improved Sustainability Assurance Practices and Urges Auditors to Incorporate Climate Risks in Financial Audits 27 January 2025
Press Releases
Press Releases AFRC advocates healthy practices in auditor appointments and audit fee setting to safeguard public trust 31 July 2025 AFRC presents key findings and insights from its Inspection and Investigation & Compliance Reports to strengthen Transparency, Regulation, and Development 29 July 2025 AFRC welcomes new appointments and reappointments to the Financial Reporting Review Panel and expresses heartfelt gratitude to retiring members 11 July 2025 AFRC issues 2024-25 Annual Report 9 July 2025 AFRC announces appointment of new Honorary Advisers 30 June 2025 AFRC reprimands Wu Kam Shing for CPA misconduct and imposes pecuniary penalty of HK$200,000 following insider dealing determination 27 June 2025
Speeches and Presentations
Speeches and Presentations AFRC Head of Policy, Registration and Oversight Ms Mary Leung’s presentation in the ACCA Panel Discussion titled ‘Exploring Ethical Practices’ 31 October 2023 Chairman Dr Kelvin Wong’s keynote speech at the Actuarial Society of Hong Kong's IFRS 17 Conference 25 October 2023 Chairman Dr Kelvin Wong’s remarks at the Farewell party with the CEO 28 September 2023 AFRC Head of Discipline Ms Hester Leung’s presentation at The ASEAN Audit Regulators Group (AARG) and Financial Statements Surveillance Group (FSSG) workshop 26 September 2023 Briefing session with PIE auditors: 2022 Annual Inspection Report 22 September 2023 Chairman Dr Kelvin Wong’s remarks at the AFRC Housewarming Cocktail Reception 15 September 2023