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June 2021 Issue of A Plus magazine - Message from the HKICPA President Raymond Cheng
02 Jul 2021
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.
CGCC World Chinese Entrepreneurs Summit 2021
18 Jun 2021
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.

Please click the following links to view the news articles:
 
17 Jun 2021 文匯報  
18 Jun 2021 大公報  
HKICPA President Raymond Cheng responded to the Government’s plan on further reform of regulatory regime of accounting profession
11 Jun 2021
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.

Please click the following links to view the news articles:
 
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  
CPA Virtual Run 2021
11 Jun 2021
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.
HKICPA President Raymond Cheng interviewed by the HKUSTSU Accounting Students' Society
03 Jun 2021
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.

Please click here to read the full article.
May 2021 Issue of A Plus magazine - Message from the HKICPA President Raymond Cheng
01 Jun 2021
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.

Please click here to read the full article.
Mr. Raymond Cheng witnessed Signing of MoU between Financial Reporting Council and HKICPA
06 May 2021
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.”

Please click the following links to view the news articles:
 
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  
April 2021 Issue of A Plus magazine - Message from the HKICPA President Raymond Cheng
03 May 2021
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.

Please click here to read the full article.
March 2021 Issue of A Plus magazine - Message from the HKICPA President Raymond Cheng
01 Apr 2021
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.

Please click here to read the full article.
HKICPA President Raymond Cheng interviewed by Now News (Now新聞台)
15 Mar 2021
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.
February 2021 Issue of A Plus magazine - Message from the HKICPA President Raymond Cheng
03 Mar 2021
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.
HKICPA President Raymond Cheng’s responded to the Government’s 2021-2022 Budget
25 Feb 2021
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.

Please click the following links to view the news articles:
 
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
HKICPA President Raymond Cheng told media about upcoming consultation paper on “one member one vote” for election of HKICPA’s President and other topical issues
08 Feb 2021
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.

Please click the following links to view the news articles:
 
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
HKICPA President Raymond Cheng interviewed by Metro Finance FM104 (新城財經台)
02 Feb 2021
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.

Please click the following links to view the news articles:
 
02 Feb 2021 新城電台
星島日報
巴士的報
信報
頭條日報
Mr. Raymond Cheng - interviews and articles in A Plus Magazine
01 Feb 2021
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.

Please click here to read the full article.

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.

Please click here to read the full article.
Spring Celebration Greetings from HKICPA President Raymond Cheng
29 Jan 2021
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.
HKICPA President Raymond Cheng met with the media to give recommendations for the government’s budget
22 Jan 2021
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.

Please click the following links to view the news articles and video:
 
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
Mr. Raymond Cheng was elected as the President of the Hong Kong Institute of Certified Public Accountants for 2020/2021
10 Dec 2020
HLB Hodgson Impey Cheng Limited is pleased to announce that our Chairman, Mr. Raymond Cheng was elected as the President of the Hong Kong Institute of Certified Public Accountants (HKICPA) for 2020/2021 at its 48th Annual General Meeting (AGM) on 10 December 2020.

Click here to see the press releases.

Please click the following links to view the newspaper articles:
 
10 Dec 2020 香港會計師公會新聞網
經濟日報
明報
立場新聞
信報
蘋果日報
香港01
11 Dec 2020 經濟日報
信報
星島日報
蘋果日報
明報
東方日報
14 Dec 2020 信報
 
Mr. Raymond Cheng interviewed by Apple Daily (蘋果日報)
05 Nov 2020
Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and Council Member of the Hong Kong Institute of Certified Public Accountants (HKICPA), was interviewed by Apple Daily (蘋果日報) in November 2020. In “Boss Talk”, Mr. Cheng shared his insights about the huge impacts and challenges brought by the COVID-19 pandemic and the China-US trade war on the audit profession in Hong Kong, as well as on HKICPA Qualification Programme Examinations.

Please click here to view the article and video.
Mr. Raymond Cheng interviewed by HK01 (香港01)
19 Oct 2020
HLB Hong Kong’s Chairman, Mr. Raymond Cheng, was interviewed by Online News Portal HK01 on 19 October 2020 about the contingency plan for the December 2020 session of the Qualification Programme Examinations of the Hong Kong Institute of Certified Public Accountants (“HKICPA”).

As the longest-serving elected Council Member of the HKICPA, Mr. Cheng is also the Chairman of HKICPA’s Qualification Oversight Board, whose terms of reference include overseeing the performance and operations of the HKICPA’s Education & Training Department and Admission Department, and matters pertaining to student education and training as well as member registration and licensing.

Despite challenges arising from the COVID-19 pandemic, the HKICPA remains committed to developing Hong Kong’s accounting profession, and ensuring there is a sustainable and capable supply of suitably trained new accountants ready to take up roles and support Hong Kong’s development.

Please click here to see the press release.
Appointment of Managing Director
23 Oct 2020
HLB Hodgson Impey Cheng Limited is pleased to announce the appointment of Mr Alex Hon as Managing Director of the Firm with effect from 23 October 2020.

As the Firm’s Managing Director, Mr Hon will be responsible for managing the Firm’s overall practice and assisting the Chairman in implementing the Firm’s strategies.

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HLB Celebrate #AuditorProud Day
26 Sep 2020
HLB International join the Center for Audit Quality and other auditors around the world to celebrate #AuditorProud Day on 26 September 2020.

Using social media and the hashtag #AuditorProud, participants share messages about the value of a career in the audit profession and why they chose to be an auditor.

HLB Hong Kong’s Chairman Mr. Raymond Cheng tells why he is #AuditorProud and the important roles auditors play in society. This passion has enabled Mr. Cheng to transform a family-owned practice into a top 6 audit firm in Hong Kong.

Successfully registered with Canadian Public Accountability Board
14 Jul 2020
Hong Kong - HLB Hodgson Impey Cheng Limited is delighted to have successfully registered with the Canadian Public Accountability Board (“CPAB”), and is qualified to provide professional services to companies listed on stock exchanges in Canada.
Media Interview
Mr. Raymond Cheng interviewed by Sing Tao Daily (星島日報)
02 Mar 2020
Mr. Raymond Cheng, Chairman of HLB Hodgson Impey Cheng Limited and Convenor of Mid-Tier Firms Alliance (MFA), was interviewed by Sing Tao Daily (星島日報) on 2 March 2020 about the impact of the novel coronavirus outbreak on auditors of listed entities.

Please click here to see the press release.

Mid-tier Firm Alliance (MFA) Open Letter to SFC and HKEx

In the aforesaid interview, Mr. Cheng discussed the MFA’s Open Letter dated 19 February 2020 to the Securities and Futures Commission (SFC) and the Hong Kong Exchanges and Clearing Limited (HKEx), in response to the joint statement issued by the SFC and HKEx earlier.

Please click here to see the Open Letter.
Listed Company Auditors Survey
Survey of auditors of listed companies in Hong Kong as of June 2021.

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

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Portfolio of Reputable Listed Clients
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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HLB Global Annual Review 2020