Showing 25 - 32 of 107 results
Press Releases
Press Releases Completed investigation 8 July 2019 Financial Reporting Council publishes consultation conclusions on Proposed Sanctions Guidelines 31 May 2019 Financial Reporting Council welcomes the consultation conclusions on proposed rule changes relating to disclaimer or adverse audit opinion on issuer’s financial statements published by The Stock Exchange of Hong Kong Limited 24 May 2019 The Supervision and Evaluation Bureau of the Ministry of Finance and the Financial Reporting Council of the Hong Kong Special Administrative Region sign a Memorandum of Understanding to promote cross-boundary cooperation and enhance audit quality 22 May 2019 Completed investigation 22 May 2019 FRC Welcomes the Gazettal of the Commencement Notice of Financial Reporting Council (Amendment) Ordinance 2019 17 May 2019
Press Releases
Press Releases FRC issues its 2021-22 Annual Report 24 June 2022 FRC issues (i) Consultation Conclusions and (ii) the 2021 Annual Inspection Report 23 June 2022 FRC concludes that a listed entity failed to properly account for the interests in two investees and its auditor failed to identify the misstatements 20 April 2022 FRC finds that an auditor failed to obtain the evidence needed to evaluate the measurement and impairment assessment of goodwill arising from an acquisition 20 April 2022 FRC publishes survey of implementation progress by PIE Auditors for new and revised quality management standards 31 March 2022 FRC launches Engagement and Consultation Paper on further reform of the accounting profession 9 March 2022
FRC joins IOSCO as an affiliate member
As an affiliate member of IOSCO, the FRC will participate in the activities of the Affiliate Members Consultative Committee (AMCC), whose objectives are to share experiences and enhance cooperation among its members. As a consultative committee, the AMCC provides input into the IOSCO policy and standard-setting work.
Subscription
Accountancy Sector and other Related Studies Annual Reports Guidance Articles and Related Resources Press Releases Public Consultations Newsletters Acknowledgement * I acknowledge and understand the Personal Information Collection Statement of the AFRC.
Press Releases
Press Releases AFRC welcomes and supports the Government consultation on proposal for legislation under Article 23 of the Basic Law 5 February 2024 AFRC highlights the importance of continuous professional development in ensuring audit quality and managing talent 8 January 2024 Audit Focus for 2023 year-end audit 22 December 2023 AFRC starts inspecting engagements involving audit working papers located on the Mainland 15 December 2023 AFRC expects active cooperation and full compliance by PIE auditors with the AFRC Ordinance and their self-reporting of critical incidents in a timely manner 7 December 2023 AFRC publishes Inspection Insights and an explanatory video on the inspection of non-PIE practice units to drive continuous improvements in audit quality 30 November 2023
Privacy Policy
The broad categories of personal data held by us, and the main purposes of use are: a. registration application records and related notifications, used for the purposes of processing such registration applications and performing our statutory and administrative functions and activities; b. complaint, oversight, inspection, investigation and enquiry, and enforcement records, used for responding to and taking follow-up action on complaints, and performing our statutory and administrative functions and activities; c. personnel records, used for recruitment and human resources management related purposes; d. records collected via our websites, used for the purposes stated in section 3 below; e. survey records, used for research and statistical purposes; f. submissions in response to public consultations, used for the purposes of understanding the response to the proposals under consultation; and g. other administration and operational records, used for various purposes depending on the nature of the record (e.g. for organising and delivering events, seminars, forums and other professional development, educational and promotional activities, managing subscription of publications, etc.). ... Information collected in response to public consultations may be disclosed to members of the public in Hong Kong or elsewhere. ... Personal data collected through submissions in response to public consultations is used, disclosed, or transferred for the purposes as set out in the PICS for the relevant consultation. e.
Financial Reporting Council publishes Guideline on notification of changes in auditor appointments
This will enhance the effectiveness of the FRC by enabling the frequency of inspections to be more responsive to changes in appointments. The FRC consulted with a cross-section of firms in Hong Kong and Mainland China, which audit PIEs and are subject to inspection, to explain the requirements and receive comments on them.
Sitemap
Sitemap Forms FAQs Careers Contact Us Find an Auditor CPA (Practising) CPA Firm / Corporate Practice Registered PIE auditor Recognized PIE auditor News and Outreach Press Releases Speeches and Presentations Resources Regional Regulatory Forum Events Publications Strategic Priorities 2025-2027 Annual Reports Reports Consultations and Studies Guidance Materials Process Review Panel Reports Key Functions Policy and Oversight Policy and Governance Oversight Registration CPA (practising) CPA Firm Corporate Practice Local PIE Auditor Non-Hong Kong PIE Auditor Inspection Inspection Process Information required for inspection Investigation and Compliance Complaints Whistleblowing Bogus Accountants Investigations Enquiries Financial Statements Review Programme Discipline Disciplinary Process Disciplinary Sanctions Disciplinary Cases Corporate Functions Legal Corporate and Public Affairs Finance and Administration About AFRC Our Role Statement of Protocol & MoU Governance Structure Board Advisory Committee Process Review Panel Financial Reporting Review Panel Honorary Advisory Panel Inspection Committee Investigation and Compliance Committee Discipline Committee Policy, Registration and Oversight Committee Finance and Corporate Affairs Committee Compensation and Nomination Committee Contact Us Useful Links Sitemap Privacy Policy Disclaimer