On September 28th 2023, the City University of Hong Kong organized an exchange session for Prof. Raymond Cheng to share with students majoring in Accountancy and recipients of the Raymond Cheng HLB Hodgson Impey Cheng Scholarships. Prof. Gang HAO, Associate Dean cum Director of Advancement of the College of Business of CityU, welcomed Prof. Raymond Cheng for the sharing and praised his engagements and support to the Accountancy Department of the University.

Prof. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited, established a number of scholarships in 2022/23 for 5 consecutive years for undergraduate students of the Accountancy Department of the College of Business to motivate them to strive for excellence in the field of accounting and in recognition of their efforts in their studies.

Prof. Hao expressed her sincere gratitude to Prof. Raymond Cheng for his encouragement in establishing the scholarships and introduced to him the recent development of the College of Business. She commented Prof. Raymond Cheng for his achievements in the accountancy profession in Hong Kong and emphasized that the scholarships would help empowering the students to develop their full potentials. Prof. Hao also presented CityU award of appreciation to Prof. Cheng on the occasion.

Prof. Cheng shared his profession insights and views regarding the development of the accountancy profession both internationally and in Hong Kong. Prof Cheng gave valuable advice on professionalism and ethical values of professional accountants and encouraged awardees to make their contributions to the community.

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The Qualification Programme (QP) Top Student Award and Scholarship Presentation Ceremony 2023, organized by the Hong Kong Institute of Certified Public Accountants (HKICPA), was held at the HKICPA's auditorium on 23 September 2023 to commend students on their outstanding achievements. Mr. Joseph Chan, JP, Under Secretary for Financial Services and the Treasury of The Government of HKSAR, graced the ceremony as the Guest of Honor.

Prof. Raymond Cheng as the Immediate Past President (IPP) of the HKICPA present at the Ceremony shared with all awardees the secret of success and encouraged them all to do well. QP is a successful qualification programme of HKICPA, Prof. Raymond Cheng as the Chairman of Qualification Oversight Board from 2020–2022 and as IPP, President for 2020-2021 and Council Member of the HKICPA has been in full support of the programme throughout his 25 years of commitment with the Institute and with the profession.

Congratulations to all the 2022-2023 HKICPA QP Awardees!

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HLB Hodgson Impey Cheng Limited is honored to be the Diamond Sponsor of the 74th National Day Celebration Dinner for the Accounting Profession co-hosted by Hong Kong Institute of Certified Public Accountants (HKICPA), Association of Hong Kong Accounting Advisors (AHKAA), Hong Kong Association of Registered Public Interest Entity Auditors Limited (PIEAA), Hong Kong Business Accountants Association (HKBAA) and The Society of Chinese Accountants & Auditors (SCAA) held at JW Marriott Hotel Hong Kong on 22 September 2023.

Our Director, Mr. Kenny Lo, represented the firm to receive certificate of appreciation from the Presidents of the HKICPA, the PIEAA, the HKBAA and the SCAA.

Prof. Raymond Cheng, the Immediate Past President (IPP), and President for 2020-2021 and Council Member of the HKICPA, has been in support, participated and hosted the celebrations of the National Day of the People’s Republic of China throughout his 25 years of commitments to the HKICPA. Prof Cheng and HLB Hodgson Impey Cheng wish and celebrate the prosperity and prosperous futures of the People’s Republic of China and the Hong Kong SAR.

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The 5th Greater Bay Area Conference by Institute of Accountants Exchange was successfully held on 5 Aug 2023 at the Hong Kong Academy of Medicine Jockey Club Building. HLB Hodgson Impey Cheng Limited is honored to be the Supporting Organisation of this conference for nurturing future business talents in the Greater Bay Area. This conference aims to bring talents and experts together to discuss the major factors of environmental, social and corporate governance business plan and operation in the Guangdong-Hong Kong-Macao Greater Bay Area, as well as the impacts and opportunities of related policies on talents, youth development, employers and employees, and entrepreneurship. Mr. Chris Sun, JP, Secretary for Labour and Welfare, the Government of HKSAR, graced the Institute’s 5th Greater Bay Area Conference, as one of the Guests of Honour and delivered opening remarks.

Prof. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President of the Hong Kong Institute of Certified Public Accountants (HKICPA) represented the firm to attend the conference as guest of honor. Mr. Andrew Shek (Director of HLB Hodgson Impey Cheng Limited and the Vice President of Institute of Accountants Exchange), Mr. Park Kwok (Director of HLB Hodgson Impey Cheng Limited and the Council Member of Institute of Accountants Exchange) and Mr. Kenny Lo (Director of HLB Hodgson Impey Cheng Limited) joined this event to support the development of accountants in Greater Bay Area.

Prof. Raymond Cheng was the Founding Council Member and the President of the Institute of Accountants Exchange for 2014 and has continuously serves as the support for the Institute since 2005 to promote the development of the young accounting profession.

The Institute of Accountants Exchange aims to provide a platform for Hong Kong young accountants to share their knowledge and experience effectively, and to strengthen the communication between the young accountants in Hong Kong and the Mainland.

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Ms. Coco K. Liu (Chief Regional Officer, Head of Global Business Channels at HLB International) visited the China Council For The Promotion Of International Trade Representative Office In Hong Kong and met with Mr. Kenny Lo (Deputy Head of Greater China Services and Director of HLB Hodgson Impey Cheng Limited), Mr. Wilson Yau (Director of HLB Hodgson Impey Cheng Limited), 王冠男女士 (Chief Representative of the China Council For The Promotion Of International Trade) and 何國銓先生 (Partner of Guangdong Sinong Certified Public Accountants LLP, member of HLB International) on July 2023 in pursuit of a closer business and professional collaboration and development in the Greater Bay Area.

Mr. Somchai Jinnovart (Senior Partner, Head of Audit of HLB Thailand) visited HLB Hodgson Impey Cheng Limited on July 2023. Mr. Alex Hon (Managing Director of HLB Hodgson Impey Cheng Limited), Mr. Andrew Shek (Director of HLB Hodgson Impey Cheng Limited and Head of Greater China Services), Mr. Park Kwok (Director of HLB Hodgson Impey Cheng Limited), Mr. Eddie Leung (Director of HLB Hodgson Impey Cheng Risk Advisory Services Limited) and Mr. Kin Yu (Associate Director of HLB Hodgson Impey Cheng Limited) attended the meeting and discussed with Mr. Somchai Jinnovart to strengthen cooperation and jointly participate between two member firms of HLB International.

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The Hong Kong Institute of Certified Public Accountants (HKICPA) CPA Congress successfully held on 15 July 2023 at the Convention Hall of Hong Kong Convention & Exhibition Centre. The theme of the event was “Creating a Pathway to Advancement: Empowering Enterprises for the Future”. The event is the flagship event of the HKICPA 50th Anniversary. Over 700 participants joined this hybrid event, with Mr. Paul Chan Mo-po, Financial Secretary of the HKSAR Government, Mr. Shu Huihao, Director General of the Accounting Regulatory Department of the Ministry of Finance of the People's Republic of China, and Ms. Asmâa Resmouki, President of the International Federation of Accountants (IFAC) graced the event as Guests of Honour and delivered opening remarks.

Prof. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President (IPP) of the HKICPA, represented the firm to receive recognition awarded by Ms. Loretta Fong, the President of the HKICPA.

HLB Hodgson Impey Cheng Limited is honored to be a Diamond Sponsor of the event, and directors and managers of HLB joined the event.

Prof. Raymond Cheng has served the HKICPA for over 25 years since 1998 in various committees, and as the longest serving council member to be elected President for 2020-2021 of the HKICPA. Prof. Raymond Cheng is honored to be able to contribute participate and witness both the 40th and 50th anniversary ceremony of the HKICPA as an elected council member and Past President of the Institute.

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Prof. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President of the Hong Kong Institute of Certified Public Accountants (HKICPA), was interviewed by ViuTV in “智富通x BIZ勝之道” on May 2023 and shared his insights on the development of Accounting Profession in Hong Kong. The program was shown on ViuTV on 10 July 2023.

HLB Hodgson Impey Cheng Limited is an established Certified Public Accountants (CPA) firm in Hong Kong, an international council member of HLB International, a top 10 global network of independent advisory and accounting company. HLB Hodgson Impey Cheng Limited currently ranked top 6 in Hong Kong in terms of the number of listed audit clients. Prof. Cheng has served with the Accountancy sector in Hong Kong for over 25 years and as the President of the HKICPA 2020-2021 and glad to share his valuable experience and insight in the program.

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The Most Innovative Enterprise Award 2023 by Business Innovator was successfully held on 30 June 2023 at the Hilton Garden Inn Hong Kong. HLB Hodgson Impey Cheng Limited was awarded the《Most Outstanding Accounting Firm of the Year》in recognition of the contributions to the economic development and success of Hong Kong over the years. Prof. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President (IPP) of the Hong Kong Institute of Certified Public Accountants, and Mr. Park Kwok, Director of HLB Hodgson Impey Cheng Limited attended the ceremony, Prof. Cheng represented the firm to receive the award and delivered a speech at the ceremony.

The theme of the "2023 Most Innovative Enterprise Award" is "Together, We Rise Again". Over 100 representatives from winning companies participated the event, with Mr. Joseph Chan, Under Secretary for Financial Services and the Treasury Bureau of Hong Kong Special Administrative Region, Ms. Alice So, Head of Entrepreneurship, Hong Kong Cyberport Management Company Limited, Dr. Peter Luk, Chief Program Officer of Angel Investment Foundation and Ms. Yang Shan, Executive Director and General Manager, Qianhai International Liaison Services and Investment Co., Ltd. as the guests of honour.

The "Most Innovative Enterprise Award" organized by Business Innovator aims to encourage elites from different sectors to maintain a spirit of breakthrough and innovation, driving industry development through creativity. It seeks to create new economic momentum for Hong Kong and enhance awareness of outstanding Hong Kong brands among various sectors of society and consumers.

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Mr. Jude Lau (Partner of HLB Mann Judd Melbourne) visited HLB Hodgson Impey Cheng Limited on 30 June 2023. Prof. Raymond Cheng (Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President of the HKICPA), Mr. Andrew Shek (Director of HLB Hodgson Impey Cheng Limited and Head of Greater China Services) and Mr. Jack Tien (Director of HLB Hodgson Impey Cheng Limited and Deputy Chairman of Asia Pacific, HLB International) attended the meeting and discussed with Mr. Jude Lau about prospective cooperation between two council member firms of HLB International.

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HLB International Asia Pacific and Eurasia Conference was successfully held on 21 Jun 2023 in Phuket, Thailand. Mr. Jack Tien, Director of HLB Hodgson Impey Cheng Limited and Deputy Chairman of Asia Pacific, HLB International, represented the Firm to attend the conference at Phuket and delivered a speech on the stage.

This is the HLB International’s first conference with a strong ESG theme, contributed by four ESG guest speakers and a panel. It will also be the first time that HLB International has panels dedicated to topics like IPO services and legal advisory. The conference brought together a diverse group of professionals from various fields, and the knowledge exchange and networking opportunities were truly invaluable.

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The Hong Kong Institute of Certified Public Accountants (HKICPA) 50th Anniversary Cup successfully held on 7 June 2023 at Hong Kong Jockey Club Happy Valley Racecourse. The horseracing and networking event marks the first event to kick off the Institute's 50th anniversary celebrations. Around 200 guests attended the event, with Mr. Paul Chan, Financial Secretary of the HKSAR Government, 王松苗秘書長 from the Liaison Office of the Central People's Government in the Hong Kong S.A.R. and Dr. Kelvin Wong, Chairman of the Accounting and Financial Reporting Council as the guest of honour.

Prof. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President (IPP) of the HKICPA, represented the firm to attend the event for HKICPA 50th anniversary celebration.

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The first judges meeting of the PropertyGuru Asia Property Awards 2023 was held on 9 May 2023 at Conrad Hong Kong. HLB Hodgson Impey Cheng Limited is honored to be the official supervisor of the Hong Kong and Macau Awards for the 3rd year since 2021. As the Official Supervisor of the Hong Kong and Macau Awards, HLB Hodgson Impey Cheng Limited will monitor all stages of the judging process to guarantee that all documents and all parties involved comply with the stringent standards, from reviewing completed entry forms to participating in all judges’ meetings, to joining virtual or physical site inspections, and approving the final results. Mr. Jack Tien (Director of HLB Hodgson Impey Cheng Limited and Deputy Chairman of HLB International Asia Pacfic) and Mr. Park Kwok (Director of HLB Hodgson Impey Cheng Limited) represented the firm to attend the meeting as official judges.

The PropertyGuru Asia Property Awards is the most respected and most sought-after real estate industry awards programme established in 2005. The PropertyGuru Asia Property Awards Grand Final gala dinner and awards presentation ceremony will be held on Friday, 8 December 2023 at The Athenee Hotel in Bangkok, Thailand.

Please click here to view the photo gallery and see Prof. Raymond Cheng (Chairman of HLB Hodgson Impey Cheng Limited) addressing the delegates, attendees and awardees in 2021 and 2022.

Prof. Raymond Cheng (Chairman of HLB Hodgson Impey Cheng Limited, Immediate Past President of the HKICPA and Member of the Departmental Advisory Committee for the Department of Accountancy at the City University of Hong Kong), has been appointed as Adjunct Professor, Department of Accountancy, City University of Hong Kong on 1st February 2023.

Prof. Cheng is honored to accept the appointment with the passion and dedications of nurturing future Hong Kong accountants. As the longest serving council member and elected President 2020-2021 of the HKICPA, Prof. Cheng will be sharing his valuable experience with graduates and post graduates of the Department of Accountancy of the City University.

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Mr. David Cheng, the retired Founding Partner of HLB Hodgson Impey Cheng and Past President of the Taxation Institute of Hong Kong, was awarded the golden 50th year practising certificate from the Accounting and Financial Reporting Council’s (AFRC) Chairman, Dr. Kelvin Wong, SBS, JP.

At a celebratory reception hosted by AFRC on 2 March 2023, Mr. David Cheng was welcomed as one of the only 26 Hong Kong Fellow Certified Public Accountants who had been holding their practising certificates for over 50 years. Mr. David Cheng was awarded the practising certificate by Dr. Kelvin Wong, for his outstanding career achievements in and contributions to the Hong Kong accountancy profession.

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Prof. Raymond Cheng (Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President of the HKICPA), Mr. Alex Hon (Managing Director of HLB Hodgson Impey Cheng Limited), Mr. Park Kwok (Director of HLB Hodgson Impey Cheng Limited) and Mr. Eddie Leung (Director of HLB Hodgson Impey Cheng Risk Advisory Services Limited) met with Mr. Paul Ashburn (Co-Managing Partner of HLB Thailand), Mr. Andrew Jackomos (Co-Managing Partner of HLB Thailand) and Mr. Somchai Jinnovart (Senior Partner, Head of Audit of HLB Thailand) in Bangkok during February 2023 in pursuit of a closer business and professional collaboration between two member firms of HLB International seeking business opportunities in the Asia Pacific.

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HLB Hodgson Impey Cheng Limited is the winner of the HKICPA Football Championship 2021 – 2022.

Organized by the Hong Kong Institute of Certified Public Accountants (“HKICPA”), the HKICPA Football Championship is the most fiercely contested annual event with soccer teams from Hong Kong CPA firms, government departments, university accounting faculties, and professional accountants in business competing. HLB Soccer Team has participated in this competition since 2002, and was the winner for 2016-2017, 1st runners–up for six years and 2nd runners-up for one year.

Mr. Kenneth Cheng (HLB Soccer Team Captain) led HLB Soccer Team beat soccer teams from CWK Alliance (2(3):2(1)), FC Chan (3:0), BUASA (2:1), Alliance (2:1), and finally Grant Thornton (2:1) to be crowned Champion at the HKICPA Football Championship on 18 December 2022. Thanks to the team director Mr. Raymond Cheng (Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President of the HKICPA) and the team manager Mr. Davis Yu (Director of HLB Hodgson Impey Cheng Limited), our Soccer Team has been crowned the Champion once again since 2017. HLB Soccer Team expressed their gratitude to the Firm for all the support and to those who came to cheer for the Team on the day.

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Mr. Raymond Cheng (Chairman of HLB Hodgson Impey Cheng Limited, Immediate Past President of the HKICPA, and Member of the Departmental Advisory Committee for the Department of Accountancy (DAC) at the City University of Hong Kong) established scholarships for the Department of Accountancy at City University of Hong Kong (CityU) in mid-October. Mr. Cheng is honored to be the 1st member of the DAC of CityU to set up a series of five-year scholarships for accountancy undergraduates. “Supporting and encouraging future Hong Kong accountants in their studying and in their career developments has always been my passion and I am happy to put it into actions” said Mr Cheng.

The Scholarships will fund four Department of Accountancy scholarship awards from 2022 to 2026 to recognize CityU accountancy students with outstanding academic achievements and nurtures brilliant leaders of tomorrow in Hong Kong’s accounting profession:

1. 鄭中正會計師獎學金 Raymond Cheng HLB Hodgson Impey Cheng Scholarship
2. 鄭中正會計師入學獎學金 Raymond Cheng HLB Hodgson Impey Cheng Entrance Scholarship
3. 鄭中正會計師雙學士學位獎學金 Raymond Cheng HLB Hodgson Impey Cheng Double Degree Scholarship
4. 鄭中正會計師雙聯學士學位獎學金 Raymond Cheng HLB Hodgson Impey Cheng Joint Degree Scholarship

A ceremony was held on 8 December at CityU for the establishment of the Scholarships with our Chairman, Mr. Raymond Cheng, and Professor Yangyang Chen, Acting Head of CityU’s Department of Accountancy officiated the inauguration.

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The PropertyGuru Asia Property Awards was successfully held on 7 December 2022 in Bangkok, Thailand. HLB Hodgson Impey Cheng Limited is honored to be the official supervisor of the Hong Kong and Macau awards. Mr. Jack Tien, Director of HLB Hodgson Impey Cheng Limited and Deputy Chair of HLB International Asia Pacfic represented the Firm to attend the awards ceremony at Bangkok. HLB International Asia Pacific Regional Board meeting was also held at the same time and Mr Tien joined the meeting as the Deputy Chair of HLBI Asia Pacific.

The PropertyGuru Asia Property Awards, established in Thailand in 2005 as the ultimate hallmark to ‘recognise the region’s finest in real estate’ in Asia, the Awards acknowledge, reward and celebrate the extraordinary achievements of developers and developments at a domestic and regional level. The Awards is a milestone event in the real estate industry calendar and is attended by key decision makers as well as esteemed trade and consumer media.

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The Hong Kong Institute of Certified Public Accountants (HKICPA)’s Best Corporate Governance & ESG Awards 2022 reached a successful conclusion with the presentation ceremony held on 6 December 2022. HLB Hodgson Impey Cheng Limited is honored to be the financial sponsor and the panel reviewers of the Awards for the 16th year since 2007.

Building on the success of the inaugural MSCO Awards in 2021 when the Awards was led Mr. Raymond Cheng, Chairman of HLB, who was the then President the HKICPA and the Chairman of the Judging Panel of the Awards, continues to encourage listed companies and public sector organizations to give equal attention to their CG and ESG practices and reporting, and, ultimately, to integrate and these two elements into their business values, strategies and operations. Together with other awards given out in separate sections for CG and ESG, the judges recognized a total of 27 companies and public sector organizations in the 2022 Awards.

Mr. Raymond Cheng (Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President of the HKICPA), Ms. Basilia Wong (Risk Management Director of HLB Hodgson Impey Cheng Limited) and Ms. Vency Ip (Associate Director of HLB Hodgson Impey Cheng Limited), served as a Review Panel member of the Best CG and ESG Awards 2022.

Congratulations to all the awardees of the HKICPA 2022 Best CG and ESG Awards!

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The Hong Kong Institute of Certified Public Accountants (HKICPA) successfully held its annual flagship event – the Annual Dinner on 5 December 2022 at the JW Marriott Hotel Hong Kong. The theme of the dinner was “Building Upon Change”. A ceremony was held during the Annual Dinner to honour and award Mr. Raymond Cheng for his achievements as the 2020-2021 President of the HKICPA. Around 240 members and guests attended the dinner, with Mr. Chan Mo Po, Paul, GBM, GBS, MH, JP, Financial Secretary of The Government of the Hong Kong Special Administrative Region as the guest of honour.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and Immediate Past President (IPP) of the HKICPA, delivered a speech at the dinner and was awarded the President regalia and the badge and the President scrapbook by Ms. Loretta Fong, the regnal President of the HKICPA, for his outstanding contributions to the Hong Kong accountancy profession and to the Institute. Mr. Cheng first served the HKICPA as a member of the FASC committee in 1998. He has served the Institute for 24 years in various capacities and as an elected council member for a continuous 12 years seamlessly without a break. He was the longest serving council member to be elected President for 2020-2021.

HLB Hodgson Impey Cheng Limited is honored to be a Gold Sponsor of the dinner and directors of HLB joined the dinner and the ceremony to congratulate Mr. Cheng for receiving the award.

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HLB Hodgson Impey Cheng Limited is honored to be a Diamond Sponsor of the 73rd National Day Celebration for the Accounting Profession co-hosted by Hong Kong Institute of Certified Public Accountants (HKICPA), Association of Hong Kong Accounting Advisors (AHKAA), Hong Kong Association of Registered Public Interest Entity Auditors Limited (PIEAA), Hong Kong Business Accountants Association (HKBAA) and The Society of Chinese Accountants & Auditors held on 23 September 2022.

Our Director, Mr. Andrew Shek, represented the firm to receive souvenir from the representatives of the HKICPA, the AHKAA, the PIEAA, the HKBAA and the Society of Chinese Accountants & Auditors.

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HLB Hodgson Impey Cheng Limited held our annual Long Service Awards and Qualified Premiums Presentation Ceremony in June 2022.

Mr. Raymond Cheng, Chairman of our Firm, presented the Long Service Awards to staff members in recognition of their loyalty, dedication and contributions to the Firm over the years.

Mr. Cheng also presented the Qualified Premiums to staff members who have newly qualified as members of Hong Kong Institute of Certified Public Accountants (HKICPA).

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Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the Institute), delivered his final President’s Message to members in December 2021 Issue of A Plus (the Institute's official magazine).

Mr. Cheng firstly highlighted the most important development over the past year was the further reform of the regulatory regime.

Mr. Cheng then reviewed the Institute’s work in 2021. Under his leadership, the Institute had achieved most of the goals including but not least the revamped the membership admission process; set up new committees on legal and compliance issues, digitalization and long working hours; enhanced the branding of the profession; introduced all three levels of the new Qualification Programme (QP); enhanced the training and development; increased global recognition of the Institute and members; and other activities organized by the Institute.

Mr. Cheng’s Presidency marked as the highlights of his 23 years services with the Institute. To end, Mr. Cheng expressed appreciation to the Council and management for their support and placed high hope on realizing the theme of the annual report - “Together for the Profession”.

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The Hong Kong Institute of Certified Public Accountants (HKICPA)’s flagship Best Corporate Governance & ESG Awards (Awards or Best CG and ESG Awards) reached a successful conclusion with the presentation ceremony held on 6 December 2021. The Chairman of the Financial Reporting Council, Dr. Kelvin Wong, SBS, JP, was the guest of honour at the awards presentation ceremony. In all, the judges recognized 29 companies and organizations.

This was the 21st anniversary of the Best CG and ESG Awards, previously known as Best CG Awards, which were first organized in 2000. This year, the Awards have been renamed and refocused in order to reflect the increasing importance of environmental, social and governance (ESG) reporting, and to encourage companies and organizations to integrate the oversight and implementation of their CG and ESG, as well as uplift the standards of disclosure and practices in both areas.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the HKICPA, served as Chair of the Best CG and ESG Awards Judging Panel. At the ceremony, Mr. Cheng also spoke about a study on ESG assurance conducted recently by the HKICPA.

Congratulations to all the awardees of the HKICPA 2021 Best CG and ESG Awards!

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06 Dec 2021	香港會計師公會新聞網 經濟通	東方日報
07 Dec 2021	經濟日報

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the Institute), delivered his President’s Message to members in November 2021 Issue of A Plus (the Institute's official magazine).

Mr. Cheng reported that the Financial Services and the Treasury Bureau, the Financial Reporting Council (FRC) and the Institute have started preparatory work for the transitional arrangements and for the implementation of the new regulatory regime.

In November 2021, the Institute held three major annual events - “SMP Symposium”, “Young Members Conference”, and “Business Case Competition”.

Besides, Mr. Cheng encouraged members to join the Institute’s annual Mentorship Programme for 2022-23.

Finally, Mr. Cheng urged members to excise their right to vote in the Institute’s Council election, and take part in the annual general meeting (AGM) to be held in December 2021.

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Organized by the Hong Kong Institute of Certified Public Accountants (HKICPA), the 2021 SMP Symposium was successfully held online on 26 November 2021 and attracted over 300 attendees. Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the HKICPA, gave the welcome remarks at the Symposium, which is one of the HKICPA’s flagship annual events.

Themed “Change for good”, the Symposium covered updates on topical issues affecting small and medium practices (SMPs), including the further reform of regulatory regime of accounting profession, trust or company service provider licences, re-domiciliation of limited partnership funds, major changes to financial reporting and auditing standards, tax update, digitalization of SMPs, practice review and compliance matters, as well as recent developments of the HKICPA and the International Federation of Accountants.

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The HKICPA Business Case Competition 2021, organized by the Hong Kong Institute of Certified Public Accountants (HKICPA), was held successfully on 20 November 2021. HLB Hodgson Impey Cheng Limited is honored to be a Platinum sponsor of the competition.

The competition is an inter-tertiary event which helps students to develop valuable business skills such as case analysis, problem solving, team building and presentation, and cultivate their professional judgement as well. Over 650 teams from various universities in Hong Kong, the Mainland, Macau and overseas participated in the competition in 2021, on a case on the Fashion Industry.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the HKICPA, acted as adjudicator of the competition and presented awards to all the winning teams.

In his speech, Mr. Cheng expressed his heartfelt gratitude to the sponsors for their generous support to the competition, and congratulated all the winning teams.

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The Hong Kong Institute of Certified Public Accountants (HKICPA) successfully held its annual flagship event – Annual Dinner on 12 November 2021 at the JW Marriott Hotel Hong Kong. The theme of this year’s dinner was “Together for the profession”. Around 200 members and guests attended the dinner, with Dr. Kelvin Wong, SBS, JP, Chairman of the Financial Reporting Council as guest of honour.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the HKICPA, officiated the opening ceremony and delivered welcome remarks at the dinner. Mr. Cheng was also the officiating guest at the souvenir presentation session.

HLB Hodgson Impey Cheng Limited is honored to be a Gold Sponsor of the dinner.

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Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the Institute), delivered his President’s Message to members in October 2021 Issue of A Plus (the Institute's official magazine).

The Financial Reporting Council (Amendment) Bill 2021 was passed by the Legislative Council on 22 October 2021. The Institute will continue to engage with the Financial Reporting Council (FRC) to prepare for the implementation of the new regulatory regime.

In October 2021, the Institute held two highly successful physical events - “The CPA Conference 2021” and “QP Top Student Award and Scholarship Presentation Ceremony 2021”.

Last but not least, Mr. Cheng invited members to join the Institute’s Annual Dinner, themed “Together for the profession” and to be held on 12 November 2021, where we will be celebrating how Institute members support the development of the profession, and Hong Kong.

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The Qualification Programme (QP) Top Student Award and Scholarship Presentation Ceremony 2021, organized by the Hong Kong Institute of Certified Public Accountants (HKICPA), was held at the HKICPA's auditorium on 23 October 2021 to commend students on their outstanding achievements. Mr. Joseph Chan, JP, Under Secretary for Financial Services and the Treasury of the HKSAR Government, graced the ceremony as the Guest of Honor.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the HKICPA, spoke at the ceremony and presented awards to the top performing QP students of the December 2020 and June 2021 examination sessions as well as the university scholarship recipients.

Congratulations to all the 2020-2021 HKICPA QP Awardees!

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The CPA Conference 2021, the first organized by the Hong Kong Institute of Certified Public Accountants (HKICPA), was successfully held on 2 October 2021 at the Kowloon Shangri-La Hotel. With the theme “Transcending together”, speakers shared their insights on the latest trends and developments relating to the accounting profession and the business world. Over 200 guests attended the Conference.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the HKICPA, delivered welcome remarks at the Conference. Mr. Cheng was also the officiating guest at the souvenir presentation session.

HLB Hodgson Impey Cheng Limited is honored to be a Gold sponsor of the Conference.

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Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the Institute), delivered his President’s Message to members in September 2021 Issue of A Plus (the Institute's official magazine).

Mr. Cheng reported that the Institute has made detailed submissions to the Bills Committee in respect of the Financial Reporting Council (Amendment) Bill 2021, and will continue to communicate to members any important developments in the legislative process.

The Institute is proud to be launching the revamped the Best Corporate Governance and ESG Awards 2021, where Mr. Cheng will act as chairman of the judging panel.

Mr. Cheng also invited members to join upcoming Institute’s events, including “72nd National Day Celebration for the Accountancy Profession”, “The CPA Conference 2021”, “Annual IT Conference”, and the Institute’s Annual Dinner to be held on 12 November 2021.

Please click here to read the full article.

HLB Hodgson Impey Cheng Limited is honored to be a Diamond Sponsor of the 72nd National Day Celebration for the Accountancy Profession co-hosted by the Hong Kong Institute of Certified Public Accountants (HKICPA), the Institute of Chartered Accountants in England and Wales (ICAEW), and the Chartered Institute of Management Accountants (CIMA) held on 28 September 2021.

Our Director, Mr. Wilkie Au, represented the firm to receive souvenir from the representatives of the HKICPA, the ICAEW and the CIMA.

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Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the Institute), delivered his President’s Message to members in August 2021 Issue of A Plus (the Institute's official magazine).

Mr. Cheng provided updates on the further reform on the regulatory regime of the accounting profession, including the Institute’s ongoing communication with the Government and the Financial Reporting Council (FRC) on the Financial Reporting Council (Amendment) Bill 2021 and the findings of the survey on the reform proposals.

The Institute will hold two large-scale physical events - “72nd National Day Celebration for the Accountancy Profession” and “The CPA Conference 2021” on 28 September and 2 October 2021, respectively. Mr. Cheng welcomed the profession to come together and join the events.

Finally, Mr. Cheng extended his Mid-Autumn Festive greetings to everyone.

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HLB Hodgson Impey Cheng Limited is pleased to announce that our Chairman, Mr. Raymond Cheng, has been appointed as a Committee Member of the Departmental Advisory Committee for the Department of Accountancy (the “Department”) at City University of Hong Kong (“CityU”) for a term from 1 September 2021 to 31 August 2024.

The CityU aspires to become a leading global university, excelling in research and professional education. Its mission is to nurture and develop students’ talents and to create applicable knowledge for social and economic advancement.

The Department at CityU has acquired a leadership position in accounting education, professional training and accounting research in Hong Kong. The Department promotes the all-round development of its students through the implementation of the Whole Person Development programme.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the Institute), delivered his President’s Message to members in July 2021 Issue of A Plus (the Institute's official magazine).

Mr. Cheng congratulated fencing gold medallist Edgar Cheung Ka-long and swimming two-time silver medallist Siobhan Haughey (both parents Darach Haughey and Canjo Leung are the Institute members) for making Olympic history for Hong Kong. Meanwhile, he also congratulated the awardees on the Hong Kong Government’s Honours List, including the past and current Council members, and Institute members.

In addition, Mr. Cheng encouraged members to study the information on the Institute’s webpage and complete the survey on the Government’s proposal on further reform the regulatory regime of the profession. He also invited companies and organizations to enter the Institute’s 2021 Best Corporate Governance and ESG Awards.

Lastly, Mr. Cheng talked about the Institute’s specialist training programmes.

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Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (HKICPA), was interviewed by RTHK Radio 1 (香港電台第一台) in《自由風自由Phone》on 29 July 2021, and shared his insights on the Government’s appointment of inspector under Section 841 of the Companies Ordinance to investigate into the affairs of Next Digital Limited.

Please click here for the sound clip.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the “Institute”), delivered his President’s Message to members in June 2021 Issue of A Plus (the Institute's official magazine).

Mr. Cheng commented on the regulatory regime reform proposals for the accounting profession. Mr. Cheng said, “The Institute wishes for the continued smooth regulation of the profession, and hopes the Government and the Financial Reporting Council will consider knowledge transfer and experience sharing, and setting up a tripartite task force to oversee the transition.”

Mr. Cheng also said the Institute has arranged two member’s forums on the proposals where representatives from the Financial Services and the Treasury Bureau will explain the proposals and gauge members’ views.

Please click here to read the full article.

Organized by the Chinese General Chamber of Commerce (“CGCC”), the CGCC World Chinese Entrepreneurs Summit 2021 (the “Submit”) was successfully held on 17 June 2021 at the Hong Kong Convention and Exhibition Centre. The theme of the Submit was “Connecting Greater Bay Area Serving Belt & Road”. The Summit sought to explore opportunities arising from the GBA and the “Belt & Road” and examine how businesses can further enhance regional cooperation and development in the area of finance, professional services and IT.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants, was invited to act as a Panelist at the Panel Session on “Role and Function of Professional Services under the New Normal” at the Summit.

The Panel included prominent industry leaders: Dr. Patrick Lau (Deputy Executive Director, Hong Kong Trade Development Council), Mr. Nick Chan (Vice Chairman, eBRAM International Online Dispute Resolution Centre Limited), Mr. Fang Qiuchen (Chairman, China International Contractor's Association), and Mr. LL Koong (National Council Member, The Associated Chinese Chambers of Commerce and Industry of Malaysia), with Mr. Ambrose Lam (Director, Hong Kong Coalition of Professional Services) as Moderator.

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17 Jun 2021	文匯報
18 Jun 2021	大公報

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (HKICPA) responded to the Government’s plan on further reform of regulatory regime of accounting profession on 11 June 2021. Mr. Cheng urged the Government to undertake the reform after extensive consultations and assessment of all its impacts.

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11 Jun 2021	香港會計師公會新聞網 蘋果日報 東方日報	經濟日報 明報 香港01
12 Jun 2021	信報 商業電台 新城電台	星島日報 明報
16 Jun 2021	無綫新聞
19 Jun 2021	Now新聞 星島日報	頭條日報
23 Jun 2021	香港01
24 Jun 2021	經濟日報	Bloomberg
25 Jun 2021	星島日報
26 Jun 2021	信報

The CPA Virtual Run 2021, organized by the Hong Kong Institute of Certified Public Accountants (HKICPA), has been concluded successfully. It was the HKICPA’s first-ever virtual running event. HLB Hodgson Impey Cheng Limited (HICL) was honored to be a Diamond sponsor of the event.

The prize presentation ceremony of the event was held on 11 June 2021. Mr. Raymond Cheng, Chairman of HICL and President of the HKICPA officiated the ceremony and presented certificates of appreciation to all the sponsors for supporting the event.

Please click here to view the photo gallery.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (HKICPA), was interviewed by the Accounting Student’s Society of Hong Kong University of Science and Technology Students' Union (HKUSTSU) and featured in their 2021 Annual Journal. Mr. Cheng shared his career path and future plans, the essential qualities for being an accountant, the support to accountants to cope with the COVID-19 pandemic, and finally his words of encouragement for accounting students.

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Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the Institute), delivered his President’s Message to members in May 2021 Issue of A Plus (the Institute's official magazine).

Mr. Cheng talked about the new Memorandum of Understanding entered into between the Financial Reporting Council and the Institute in May 2021 which will contribute to the sustainable development of the Hong Kong audit profession.

In addition, Mr. Cheng extended his congratulations and appreciations to all the winners and sponsors for supporting the CPA Virtual Run 2021.

Last but not least, Mr. Cheng called for support for the government’s campaign on COVID-19 Vaccination.

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On 6 May 2021, the Financial Reporting Council (FRC) and the Hong Kong Institute of Certified Public Accountants (HKICPA) signed a Memorandum of Understanding (MoU) to enhance efficient and effective cooperation and coordination of their respective functions.

The MoU was signed by Mr. Marek Grabowski (CEO of the FRC) and Ms. Margaret W.S. Chan (Chief Executive and Registrar of the HKICPA) in the presence of Mr. Sam Hui (Deputy Secretary for Financial Services and the Treasury (Financial Services)), Dr. Kelvin Wong (Chairman of the FRC), and Mr. Raymond Cheng (President of the HKICPA and Chairman of HLB Hodgson Impey Cheng Limited).

The FRC and the HKICPA share a common goal in improving audit quality and the standards of professional conduct of public interest entity auditors (PIE auditors) and of the accountancy profession in general.

Mr. Cheng said “Through close and coordinated activities the HKICPA and the FRC can work together to ensure the high level of confidence in our capital markets remains, supporting Hong Kong’s long term development and continuing development of the Hong Kong PIE audit market.”

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06 May 2021	香港會計師公會新聞網 經濟日報 阿思達克財經新聞 匯港資訊 / 鋒投	明報 香港01 華富財經 財華社
07 May 2021	信報

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the “Institute”), delivered his President’s Message to members in April 2021 Issue of A Plus (the Institute's official magazine).

Mr. Cheng addressed a range of important issues including the challenges brought by the proposed changes to access to Companies Registry data, CPA Virtual Run 2021, the set-up of the Digitalization Committee and the Long Working Hours Steering Group in line with Mr. Cheng’s election campaign, the new Qualification Programme and various initiates to support Institute members.

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Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the “Institute”), delivered his President’s Message to members in March 2021 Issue of A Plus (the Institute's official magazine).

In late March 2021, Mr. Cheng attended two briefing sessions on the consultation on the proposed framework for the one member one vote election of the President and Vice-Presidents. Mr. Cheng welcomed all members to submit their views on the proposed election framework, before the consultation period ends on 31 May 2021. Mr. Cheng said, “These proposals are not cast in stone, your views are important for us to help us meet your expectations about how we change our election model.”

In addition, Mr. Cheng extended his congratulations to over 650 new members who joined the Institute after passing the December 2020 session of the Qualification Programme (QP) examination.

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Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (HKICPA), was interviewed by Now News (Now新聞台) in《now Report》in March 2021, and talked about the impact on the accounting profession arising from the restrictions on registry searches.

Please click here to view the article and video.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the “Institute”), delivered his President’s Message to members in February 2021 Issue of A Plus (the Institute's official magazine). Mr. Cheng also took part in the Institute's budget commentary forum with the media and shared the Institute’s views about the 2021-2022 budget. Moreover, in February, Mr. Cheng has set up the second of the new task forces to address issues arising from the Financial Reporting Council’s assessment on the Institute.

Please click here to read the full article.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (HKICPA) responded to the 2021-2022 Budget on 24 February 2021 and agreed that the government needs to manage its finances carefully.

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24 Feb 2021	香港會計師公會新聞網 經濟日報 星島日報 商業電台 蘋果日報 華富財經 彭博商業周刊 香港中國通訊社 香港01	信報 無綫新聞 頭條日報 新城電台 巴士的報 匯港資訊 經濟通 財華社
25 Feb 2021	經濟日報 香港商報	蘋果日報

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (HKICPA), has told media that the HKICPA will soon issue a consultation paper on “one member one vote” for the election of the HKICPA’s President and Vice-Presidents.

Mr. Cheng also talked about other topical issues, including investigating the issue of long working hours in Hong Kong’s accounting profession, supporting Small-and-Medium Practitioners in digitalization, legal and compliance issues for accountants, and HKICPA’s response to HKEX’s recent consultation on proposal to increase the profit requirements for Main Board listing applicants.

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08 Feb 2021

經濟日報 蘋果日報 星島日報 南華早報 香港01

信報 明報 東方日報 香港商報 巴士的報

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (HKICPA), was interviewed by Metro Finance FM104 (新城財經台) in 《香樹輝King King傾》 on 2 February 2021, and talked about the tax policy and budget proposals for 2021-22.

Please click here to the sound clip.

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02 Feb 2021

新城電台 星島日報 巴士的報

信報 頭條日報

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (the “Institute”), appeared in various interviews and articles in January 2021 Issue of A Plus (the Institute's official magazine).

President's Message

As the Institute’s new President for 2021, Mr. Raymond Cheng delivered his President’s Message to members, under the headline: “The Institute has an important role to play in helping our members to recover from the challenges of the pandemic and harness new opportunities in the future.” Mr. Cheng also laid out 10 focus areas for the Institute for 2021, as well as the Institute’s 2021-22 budget proposals.

Please click here to read the full article.

Institutes news

As Institute President, Mr. Raymond Cheng took part in a press conference announcing the Institute’s budget proposals for 2021-22 under the theme “Preparing for the recovery”, and provided recommendations to the government ahead of the Financial Secretary’s Budget Speech in February 2021.

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Leadership Profile - Leading Through Uncertainty

In Leadership Profile under the theme “Leading Through Uncertainty“, Mr. Raymond Cheng talked about his top priorities for 2021 and the groundwork that has already been laid for a more resilient profession.

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Hong Kong Institute of Certified Public Accountants (HKICPA) has released a celebration video to welcome and celebrate the Chinese New Year and the Year of the OX. In the celebration video, Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of HKICPA, wishes everyone good fortune, and a happy, healthy and prosperous year ahead.

Please click here to watch the video.

Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and President of the Hong Kong Institute of Certified Public Accountants (HKICPA) met with the media on 20 January 2021 and announced the tax policy and budget proposals for 2021-2022.

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20 Jan 2021	香港會計師公會新聞網 經濟日報 星島日報 蘋果日報 香港商報 商業電台 新城電台 Now新聞 阿思達克財經新聞 無綫新聞（影片） 有線新聞（影片）	信報 經濟通 東方日報 頭條日報 英文虎報 香港01 香港電台 華富財經 匯港資訊 觀點網絡
21 Jan 2021	經濟日報 東方日報	信報 大公報

Survey of auditors of listed companies in Hong Kong as of December 2022.

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Survey of auditors of A-Share listed companies in Mainland China for 2019.

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Many established and reputable Hong Kong and overseas listed companies have appointed us as their auditors or advisors. The feedbacks we received from our listed clients reinforce our service approach.

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