ASIA REGULATORY ROUND UP – HONG KONG ACCOUNTANTS WELCOME LOCAL AUDIT CONTROL REFORMS
July 2nd, 2014
THE HONG Kong Institute of Certified Public Accountants (HKICPA) has welcomed the launch by the Hong Kong government of proposals to reform the special administrative region’s regulatory regime for auditors of listed companies and other organisations.There will be three months of consultation (ending September 20) on the proposals whose goal is enhancing the independence of Hong Kong's audit regulators. The government wants to benchmark controls against international standards, whilst ensuring they are locally appropriate.Under the proposals, the region’s ...
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