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What's New
Study Texts for the New Qualification Framework
A new set of study texts for Accredited Accounting Technician (AAT) Examination and Professional Bridging Examination under the New Qualification Framework will be launched in early September 2008. Registered students and members enjoy 20% discount upon purchase at the HKIAAT counter.

Key features of these study texts include:
- A blend of the popular course notes and in-depth reference materials
- Comprehensive syllabus coverage
- Easy to navigate with easy to follow icons
- Crucial definitions and concepts are explained
- Clear diagrams and short, memorable text to highlight key points from each subject area
- Plenty of examples, activities and exam-type questions
- Study skills to offer revision guidance
- Published by a HKIAAT approved publisher
Order Now! Complete the order form and return via post to the HKIAAT.
HKIAAT 20th Anniversary Scholarships
Take your first step to go into accountancy!
To increase your competitiveness in the job market, you are encouraged to seize this valuable opportunity to apply the HKIAAT 20th Anniversary Scholarships to obtain the AAT qualification!
There are a maximum of five awards. The value of each scholarship shall be around HK$7,500, in the form of a fee waiver to cover a one-off student registration fees and examination/ exemption fees for the Accredited Accounting Technicians Examination and Professional Bridging Examination.
Download the details and application form:
Important Dates
| Deadline for Application | 31 August 2008 |
| Notification of Selection Outcome | 3 November 2008 |
| Scholarship Presentation Ceremony | 27 November 2008 |
For enquires, please call our hotline on 2823-0600 during office hours.
Fee Structure for the New Qualification Framework
The HKIAAT is announcing the fee structure for the New Qualification Framework as follows:
(A) Student Fees
AAT Examination
| Nature of Fees | Amount (HK$) | Effective Date |
| Initial Registration Fee | $600 | Immediate |
| Annual Fee | $600 | 1 January 2009 |
| Examination Fee | $400 (Papers 2 – 8) $800 (Paper 1) |
June and December 2009 sessions |
| Exemption Fee | $400 (Papers 2 – 8) $800 (Paper 1) |
1 October 2008 |
PBE
| Nature of Fees | Amount (HK$) | Effective Date |
| Initial Registration Fee | $700 | 1 October 2008 |
| Examination Fee | $650 (Papers 1 – IV) | June and December 2009 sessions |
| Nature of Fees | Amount (HK$) | Effective Date |
| Initial Registration Fee | $700 | 1 July 2009 |
| Annual Fee | $700 | 1 January 2010 |
Great Offer from Esprit
HKIAAT members and students are now eligible to apply for an HKIAAT Esprit co-brand privilege card to enjoy the special year-round benefits from Esprit:

- Waiver of initial spending: HK$1,200
- 10% discount on all items (including sales items) and Esprit Salon
- Welcome gift (I-pod case for first 2,000 members)
- Ad hoc pre-sale for discounts up to 20% - 30%
- 20% discount for birthday month
- Priority Esprit pre-sale invitations (VIPs nights)
To obtain this co-brand privilege card, simply click here for registration and the card will be sent to you accordingly. The HKIAAT Esprit Club Program 2008 will take effect for one year.
Deadline for registration: 30 September 2008.
Student Registration Deadline under the New Qualification Framework
The HKIAAT New Qualification Framework (NQF) will be launched in June 2009. If you would like to take the new Accredited Accounting Technician Examination under the NQF, please kindly observe the following student registration deadlines:
| Event | Student Registration Deadline |
| Applicants who wish to take the first examination in the June session | 31 January of the current calendar year |
| Applicants who wish to take the first examination in the December session | 15 July of the current calendar year |
Take your next step to success!
Wanna to go into accountancy?! Do you know the prospects of this profession? How will the AAT qualification help you in your career? What are the personal attributes of AAT? Join our FREE information session to learn more. It is your first step to success!
The information session provides an opportunity for prospective students to obtain information regarding the HKIAAT examination, membership structure and the prospect of attaining an AAT qualification. The coming ones will be held on 19 July 2008 and 16 August 2008. Details are as follows:
| Date & Time: | 19 July 2008 (Saturday) 2:30 pm to 3:30 pm 16 August 2008 (Saturday) 11 am to 12 noon | |
| Venue: | 27/F, Wu Chung House, 213 Queen's Road East, Wanchai |
How to reserve a seat?
Please email to sarah.kwok@hkiaat.org for reservations. For enquiries, please call Ms Kwok on 2823-0622 during office hours.Reschedule of the ATE June 2008 Paper 5 (Hong Kong Taxation) Examination
Due to the hoisting of the BLACK Rainstorm Warning Signal on 7 June 2008 (Saturday), the Accounting Technician Examination Paper 5 – Hong Kong Taxation examination was cancelled and it is now re-scheduled as follows:
Date: 22 June 2008 (Sunday)
Time: 9:30 am to 12:30 pm
The Hong Kong Examinations and Assessment Authority (HKEAA) has sent out notification letters to individual candidates on 13 June 2008. Please be reminded that your examination centre assigned may be changed under this re-scheduling.
You are reminded to bring the following documents to the examination:
1. HKEAA's letter;
2. the ORIGINAL Examination Attendance Docket;
3. your HKIAAT Student Card; and
4. your HKID Card.
If you are unable to attend the re-scheduled examination, please write to us for applying a special arrangement to transfer your Paper 5 examination enrolment fee from June 2008 Session to December 2008 Session.
Wishing you best of luck for your examination.
Pilot Papers for the New Qualification Framework
For the benefits of students and course providers, the HKIAAT has prepared a full set of pilot papers for the New Qualification Framework to be launched in June 2009. The pilot papers can be downloaded from the following links:
Library Opening Hours
The library opening hours between 23 and 30 May 2008 will be as follows:
| Monday | 9:00 a.m. to 9:00 p.m. |
| Tuesday to Friday | 9:00 a.m. to 7:30 p.m. |
| Saturday | 9:00 a.m. to 12:00 noon |
| Sunday & Public Holidays | Closed |
SME Seminar Series
Initiated by the Hong Kong SME Development Association in 2004, SME Advancement Campaign was a huge success which had attracted more than 3,000 attendees in the seminars.
This year, SME Advancement Campaign is much more sophisticated and a series of seminars on 4 major issues, namely Business Administration Strategy, Financial Management Solution, Enterprise Performance Optimization and Business Development in SME, will be held. The first seminar will be held on 29 May 2008, and members and students of the HKIAAT are invited to join it. Detail of this seminar is as follows:
| Date | 29 May, 2008 (Thursday) |
| Time | 2:00 pm to 5:45 pm |
| Venue | Theatre, 4th Floor, Productivity Council, Tat Chee Road, Kowloon Tong, Kowloon |
A number of industry leaders, experts and associations will be invited to share their insightful views in the seminar.
Please click here to view the details and enroll.
Special Topics for Professional Bridging Examination June 2008
A list of special topics for the captioned examinations is available for assisting candidates in preparing for the coming examinations in June 2008. Please note that this only represents about 70% of the topics that this examination will cover. Candidates are advised to do a thorough revision in order to achieve a satisfactory examination result.
For the list of special topics, please click here.
Special Offer from Phillip Wain
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Phillip Wain's Offer for Ladies
- 2 exercise/dance/yoga classes, gym sauna and steam facilities for free
- 40% corporate discount for 1-year exercise membership at any Phillip Wain Clubhouse (original price $14,888)
- 1-month fitness program at $688
Inspire's Offer for Men
- Inspire for men 1-year membership at $6,800
- Deluxe Treatment Experience at $1,280
Please click here for more details.
Terms & conditions
- These special offers are applicable for HKIAAT members and students and valid until 31 December 2008.
- Phillip Wain's offers are exclusive for ladies and Inspire's offers are exclusive for men.
- All customers must be above the age of 18.
- Prior telephone appointment has to be made before each visit.
- These offers are applicable to new customers only and not for existing customers.
- Each customer can only redeem the offer once.
- Usage is subject to the final decision of Phillip Wain.
Enquiries hotline & enrolment
- Miss Mabel Law, Tel: 2975 3864, E-mail:mabel_law@phillip-wain.com
- Website: http://www.phillipwain.com/pw/eng/hk/common/home.jsp
- Knowledge requirements
- Values requirements
- Practical experience requirements
- Finalised syllabus of AAT Examination
- Finalised syllabus of PA
- Finalised syllabus of PBE
- Transitional arrangements
- Paper 1 – Financial Accounting
- Paper 2 – Business Communication
- Paper 4 – Information Technology Applications in Accounting
- Paper 5 – Hong Kong Taxation
- Paper 6 – Hong Kong Business Law
- Up to 70% off market price on Philips and Whirlpool electronic and home appliances
- Present the member/student card or the invitation letter to get the extra benefit of $100 coupon
- Some goods are subject to delivery and installation charges
- What is hedge accounting?
- Different kinds of hedging, their accounting treatments and their impact on income statements
- Documentation required to establish hedge accounting
- Effectiveness testing of hedge accounting and its implications on financial statements
- Examples of hedge accounting
- Access to 22 clubs in Asia (Hong Kong, Malaysia, Singapore and Taiwan) & over 350 in the U.S.A.
- Access to 9 locations in HK - Central, Wan Chai, Causeway Bay, Tsim Sha Tsui, Mong Kok x 2, Tuen Mun, Whampoa and Quarry Bay (NEW)
- Unlimited use of aerobic classes (such as Yoga, Pilates, Body combat, Cycling)
- Free towels, daily lockers, sauna, steam and other bathroom accessories
- One "Free" Personal Training Session is also included (normally $800 per session)
- For Fitness Locations and more benefits. Click here.
- For enquiries about program details, kindly contact Kimmy Leung of California Fitness at 9684 9814 / kimmyleung@californiafitness.com
- To register, please kindly send an e-mail with your name and mobile no. to Kimmy Leung at kimmyleung@californiafitness.com before 10 November 2007.
- Interested parties will be contacted separately after the deadline for payment arrangement.
- This membership is ONLY available by email registration as stated above and NOT available at any of the California Fitness club
- Current California Fitness monthly members may also take advantage of this program (NO refund on the existing deposit)
- Family members can join this package as well(same residential address proof is required)
- For more information about the Club, please visit www.californiafitness.com
- SKH Lam Woo Memorial Secondary School
- Kiangsu-Chekiang College (Shatin)
- Hong Kong Chinese Women's Club College
- St Paul's Secondary School
- Kwun Tong Government Secondary School
- Good Hope School
- Munsang College
- King Ling College
- St Francis Xavier's College
- CCC Kei Heep Secondary School
- CCC Kei Heep Secondary School
- Hong Kong Taoist Association Tang Hin Memorial Secondary School
- La Salle College
- Buddhist Kok Kwong Secondary School
- King's College
- SKH Tsang Shiu Tim Secondary School
- Kwun Tong Government Secondary School
- Po Leung Kuk Wu Chung College
- Belilios Public School
- Heep Yunn School
- Kau Yan College
- Po Leung Kuk C W Chu College
- SKH Chan Young Secondary School
- Hang Seng School of Commerce
- City University of Hong Kong
- 30% off any full priced blazers/jackets or
- free name card holder
Free Information Sessioin held on 18 March 2008
A Free Information Session was held on 18 March 2008 at the HKIAAT Secretariat with an audience of around 40. The information session had provided an opportunity for prospective students to obtain information regarding the HKIAAT examination, membership structure, the prospect of attaining an AAT qualification and our New Qualification Framework.
We shall be organizing free information sessions on a regular basis. Watch out our website for the announcement.
Hot Jobs! Hot Jobs!
Are you looking for new job opportunities? It's easy with HKIAAT. Browse our Free Employment Placement Service page regularly and you'll find a list of accounting-related jobs at your fingertips.
Employers who are interested in placing their advertisement in our webpage may download the placement form, complete and return it to us by fax on 2823 0606. This service is FREE OF CHARGE. Information provided will be posted on the website for one month only. You may contact the HKIAAT on 2823 0600 for details.
New Qualification Framework for the Hong Kong Accredited Accounting Technicians

The Hong Kong Institute of Certified Public Accountants has issued a finalized paper setting out the new qualification framework for Accredited Accounting Technicians (AAT) in Hong Kong.
The new qualification framework for Hong Kong Accredited Accounting Technicians is developed after a comprehensive review and consultation with major education providers, educationalists, employers and practitioners conducted during the second quarter of 2007. In general, the responses received during the consultation period are supportive. It is considered by most of the respondents that the new qualification framework will enhance the values and status of the AAT qualification in Hong Kong and assist members/students of its subsidiary, the Hong Kong Institute of Accredited Accounting Technicians Limited (HKIAAT), in their career development.
The framework, to be introduced in June 2009, includes new requirements for membership admission to the HKIAAT. It comprises three key requirements as follows:
It has been developed with a focus of establishing HKIAAT membership as a valid and valued attainment in its own right – rather than being seen solely as a stepping stone or route to the Institute's qualification programme. It is intended that those who hold the HKIAAT membership will meet the broadening role required to support our finance and accounting professionals in the dynamic world in which we operate.
The Council of the Hong Kong Institute of CPAs and the HKIAAT Board would like to express its gratitude to all of stakeholders who have provided invaluable insights and feedback on the proposals during the drafting stages.
Updates on the HKIAAT New Qualification Framework
Following the consultation of the proposed New Qualification Framework for the Hong Kong Accredited Accounting Technicians, we are pleased to announce the finalised syllabuses for the new Accredited Accounting Technician (AAT) Examination, Professional Assessment (PA), Professional Bridging Examination (PBE) and details of the transitional arrangements as appended below:
A final paper, setting out the blueprint for the HKIAAT’s New Qualification Framework, will be issued in due course. Please watch out our website for the announcement.
Results of the Accounting Case Competition 2007
The Accounting Case Competition, jointly organized by the HKIAAT with the Education Bureau and Hong Kong Association for Business Education, was successfully held on 15 December 2007.
Initiated by HKIAAT in 2002, the Competition aims to enhance students' ability in using accounting information for business development. All participating teams are required to study an annual report of a selected listing company. This year the 2006 Annual Report of Hongkong and Shanghai Hotels, Limited is chosen to be the real case study. Students are then requested to answer a set of diversified questions in accounting and business disciplines.
Every year it attracts students from secondary schools and tertiary institutes in Hong Kong. The response of the sixth year running is overwhelming. 145 schools and institutes have participated in this year's event and the competition took place at Po Leung Kuk C W Chu College on 15 December 2007. The top three entrants and the merits award winners of each group are selected based on their knowledge in accountancy as well as their problem solving and analytical skills.
The top three prizes were awarded at the HKIAAT Annual Dinner and Prize Presentation Ceremony held on 30 January 2008.
The following are the winners for the 3 groups:
Secondary 4 to 5 Group
| Prize | Name of School |
| Champion | Kiangsu-Chekiang College (Shatin) |
| 1st runner-up | St. Joseph's College |
| 2nd runner-up | Cheung Chuk Shan College |
| Merit | St Paul's Secondary School Sing Yin Secondary School Baptist Lui Ming Choi Secondary School Good Hope School Immanuel Lutheran College Clementi Secondary School Yan Oi Tong Tin Ka Ping Secondary School Wong Shui Chi Secondary School CCC Kei Heep Secondary School King's College SKH Lam Woo Memorial Secondary School |
Secondary 6 to 7 Group
| Prize | Name of School |
| Champion | Hong Kong Chinese Women's Club College |
| 1st runner-up | La Salle College |
| 2nd runner-up | CCC Kei Heep Secondary School |
| Merit | King Ling College Po Leung Kuk C W Chu College King's College TWGHs Chen Zao Men College Lingnan Hang Yee Memorial Secondary School St. Francis Xavier's College St. Joseph's College Wah Yan College, Hong Kong TWGHs Yau Tze Tin Memorial College St Paul's Secondary School SKH Lam Woo Memorial Secondary School |
Tertiary Institute Group
| Prize | Name of School |
| Champion | HKU SPACE Community College |
| Merit | Hong Kong Institute of Vocational Education (Chai Wan) City University of Hong Kong |
Updated ATE Syllabus/Reading List for June and December 2008 Examinations
Students are advised that the syllabuses/reading lists have been updated in the following papers:
| Syllabus | Reading List | |
| Paper 1 – Financial Accounting | √ | |
| Paper 2 – Business Communication | √ | √ | Paper 4 – Information Technology Applications in Accounting | √ | √ |
| Paper 5 – Hong Kong Taxation | √ | √ |
| Paper 6 – Hong Kong Business Law | √ |
The amendments have been marked in the syllabuses appended below:
New AAT-branded Merchandise
Two new items of AAT-branded merchandise – scarf and name card holder – are now available for you to buy at the HKIAAT office. Remember that by presenting your member/student card you can get a discount on these great items!
| Item | Listed price (HK$) | Member/student price (HK$) |
Scarf![]() |
180 |
150 |
Name Card Holder![]() |
100 |
80 |
青年會計大使 – 訪暨南大學
協會過去幾年舉辦的國內交流團都廣受會員及學生的歡迎。協會今年亦再度於聖誕節期間率領兩日一夜的考察團到廣州拜訪暨南大學,詳情如下:
| 日期 | 二零零七年十二月二十五日至二十六日 (星期二至星期三) |
| 名額 | 四十名本會會員及註冊學生 |
| 住宿 | 廣州市三星級酒店 |
| 暫定活動 | 1. 暨南大學會計座談會 2. 參觀暨南大學校園 3. 拜訪會計師事務所 4. 拜訪廣東省稅務局或企業 5. 觀光 |
| 費用 | 港幣三百元正 (包括香港來回廣州及廣州市內交通、食宿、參觀入場費、等等,餘額由協會津貼) |
| 申請手續 | 1. 請填妥表格連同費用,交回協會秘書處:香港灣仔皇后大道東213 號胡忠大廈27樓 2. 支票抬頭請寫 「香港財務會計協會有限公司」 3. 接納報名申請的方法是以先到先得,額滿即止為準則。成功申請與否將獲另函通知。協會擁有接受報名申請之最終決定權 4. 截止報名日期為二零零七年十二月三日 5. 協會有可能因應人數不足或其他的原因而作出任何調動更改或取消是項行程 |
Accounting Case Competition 2007 - List of Participants
We are pleased to announce the list of participants for the Accounting Case Competition 2007 as follows:
Accounting Case Competition 2007 - Announcement of Listed Company
We are pleased to announce that the 2006 Annual Report of the Hongkong and Shanghai Hotels Limited has been chosen to set the questions of the Accounting Case Competition 2007. Please browse its website at www.hshgroup.com to download the report.
You may also download the annual report below:
Philips Showrooms Private Sale
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Benefits
Hopewell Centre Showroom
Room 1706, 17/F., Hopewell Centre, 17 Kennedy Road, Wanchai, Hong Kong.
Tel.: 2529 8321 / 2529 8510
Fax: 2528 4408
Opening hours: 10:00 am – 7:00 pm
Star House Showroom
Shop B2-3 on Basement, Starhouse Plaza, Star House, No. 3 Salisbury Road, Tsim Sha Tsui, Kowloon.
Tel.: 2317 6350 / 2376 2032
Fax: 2376 1201
Opening hours: 10:00 am – 7:00 pm
Tsuen Wan Showroom
Shop B110-111A, B1, Panda Place, 3 Tsuen Wah Street, Tsuen Wan, New Territories.
Tel.: 2628 9033 / 2628 9932
Fax: 2628 6913
Opening hours: 11:00 am – 8:00 pm
New CPD Seminars for Members and Students
The HKIAAT is proud to launch its new CPD Programme for our members and students. The first two seminars are "Audit Risk Evaluation" and "Hedge Accounting under HKAS 39". As accounting technicians, you need to constantly update your technical knowledge and professional expertise. We urge you to enrol on our CPD Seminars which are catered for your needs.
Seminar 1 - Audit Risk Evaluation
HKSA 200 "Objectives and General Principles Governing an Audit of Financial Statements" states that the auditor should plan and perform the audit to reduce audit risks to an acceptable level in relation to the audit objective. This seminar will focus on areas that auditors should be aware of during the audit planning stage. The nature of materiality, audit risk components and risk assessment will be covered. Case studies will be provided to help participants get a better understanding of the audit principles and their application.| Speaker | Simon Wong |
| Date | Monday, 19 November 2007 |
| Time | 7:00 pm – 9:00 pm |
| Venue | Hong Kong Institute of CPAs Training Centre, 27/F Wu Chung House, 213 Queen's Road East, Hong Kong |
| Fee | HK$ 80 for HKIAAT members / students HK$100 for non-HKIAAT members / students |
| Enrolment Form | Download |
Seminar 2 - Hedge Accounting under HKAS 39
This seminar will introduce you to hedge accounting and cover the following areas:| Speaker | Sidney Lo |
| Date | Monday, 17 December 2007 | Time | 7:00 pm – 9:00 pm |
| Venue | Hong Kong Institute of CPAs Training Centre, 27/F Wu Chung House, 213 Queen's Road East, Hong Kong |
| Fee | HK$ 80 for HKIAAT members / students HK$100 for non-HKIAAT members / students |
| Enrolment Form | Download |
Accounting Case Competition 2007
The Accounting Case Competition, jointly organised by the HKIAAT, the Education Bureau and Hong Kong Association for Business Education, will be held on 15 December 2007 at Po Leung Kuk C W Chu College.
This is the sixth year that the HKIAAT has organised the competition. Every year the competition attracts more than 300 students from secondary schools and tertiary institutes. By adopting a real case study approach, the competition is found to be more interesting and practical than the traditional question-and-answer type format. Students are asked to download the annual report of a real listing company to prepare for their competitions. Hong Kong Economic Times, Bossini, Cathay Pacific, Jusco and Café de Coral have generously supported our event in the past years.
Full-time secondary 4 to 7 students and sub-degree tertiary students are eligible to apply to take part in the competition and enter the appropriate group: Secondary 4 to 5 Group, Secondary 6 to 7 Group and Tertiary Institute Group. Each secondary school can nominate only one team each for the Secondary 4 to 5 Group and Secondary 6 to 7 Group, and each group shall consist of two members. Each institute can nominate a maximum of two teams each consisting of two members. Schools or institutes who are interested in participating should submit their applications on or before 2 November 2007.
Download area
Registration Form for Accounting Case CompetitionNotes for briefing session on 25 October 2007
Past question papers:
2006
Sixth Form Group (Chinese)
Sixth Form Group (English)
Senior Secondary Group (Chinese)
Senior Secondary Group (English)
Tertiary Institutes Group (English)
2005
Secondary Schools Group (Chinese)
Secondary Schools Group (English)
Tertiary Institutes Group (English)
2004
Secondary Schools Group (Chinese)
Secondary Schools Group (English)
Tertiary Institutes Group (English)
2003
Secondary Schools Group (Chinese)
Secondary Schools Group (English)
Tertiary Institutes Group (English)
2002
Secondary Schools Group (Chinese)
Secondary Schools Group (English)
Tertiary Institutes Group (English)
Free Information Session
The demand for accounting personnel has been ever increasing, especially for supporting staff who work as an Accredited Accounting Technician (AAT).
As an AAT, you will be highly sought after in the public and private sectors. You can work within an accounting practice, a small or medium-sized company, or with a multinational organisation. You can work in any industry sector you choose.
To let prospective students know how to become an AAT, the prospect and reward of attaining an AAT qualification, we will be organsing free information sessions in the coming months. Register now to reserve a place!
Early Closure on 25 September 2007
The office and library will close at 4:00 p.m. on 25 September 2007 for the Mid-Autumn Festival.
Get Fit with California Fitness

California Fitness is pleased to announce the Workplace Health Benefit Program for HKIAAT members and students. Details of the Program are as follows:-
Membership Type: VIP Platinum Membership - All Clubs All Hours
Membership Fee:
| Joining fee | HK$0 (Original Club Rate = HK$999) |
| Processing fee | HK$0 (Original Club Rate = HK$499) |
| Monthly fee | HK$288* (Original Club Rate = HK$598) |
Benefits:
Enquiries & Application Method:
Enroll NOW!
New Titles at HKIAAT Secretariat
Since the inception of the Hong Kong Institute of Accredited Accounting Technicians Limited (HKIAAT), it has received tremendous manpower and logistical support from its parent body, the Hong Kong Institute of Certified Public Accountants (HKICPA). Behind the scene, many staff members of HKICPA have contributed their time and effort to support HKIAAT's operations and activities.
The HKIAAT Board would like to formally recognise the positions of HKICPA executives who are involved in the day-to-day management of the HKIAAT operations and to allow respective staff to sign relevant documents of HKIAAT in a proper capacity as and when necessary. The following titles for HKIAAT Secretariat are now in place:
| Title at HKIAAT | Name of staff | Position at HKICPA |
| Institute Secretary (no change) | Ms. Winnie Cheung | Chief Executive and Registrar |
| Executive Director (new) | Ms. Georgina Chan | Executive Director |
| Director (new) | Mr. Jonathan Ng | Director, Student Education and Training |
| Assistant Director (new) | Ms. Bo Bo Man | - |
Taking advantage of the removal of HKIAAT office to be in the same premises as the HKICPA, there will be further integration in manpower and resources, to tap greater synergies for the two organisations working together. This should enhance operational support as the HKIAAT moves to implement its new qualification framework, following the consultation that closed on 31 May 2007.
Updates on the Consultation of the proposed HKIAAT New Qualification Framework
The consultation of the proposed New Qualification Framework for Hong Kong Accredited Accounting Technicians was completed on 31 May 2007. At the conclusion of the consultation period, a total of 13 written responses were received. The distribution of respondents is as follows:
| Professional bodies: | 1 |
| Course providers: | 2 |
| CPA firms: | 1 |
| Government departments: | 2 |
| HKIAAT members: | 3 |
| HKIAAT graduates and students: | 2 |
| Others | 2 |
| Total | 13 |
The responses in general are supportive of the New Qualification Framework. It was considered by most of the respondents that the New Qualification Framework would enhance the status of the AAT qualification in Hong Kong and would also assist members/students in their career development.
As many students and course providers have requested to postpone the launch of the New Qualification Framework in order to provide sufficient time for them to prepare for the new examinations, the HKICPA Council and HKIAAT Board have decided that the new framework be postponed by one cohort, i.e. from December 2008 to June 2009. A finalised paper, setting out the blueprint for the HKIAAT's New Qualification Framework, will be issued in September 2007. Please watch out the HKIAAT website for the announcement.
Book-keeping and Accounts Examination (Chinese)
With effect from 2007, the Book-keeping and Accounts Examination Chinese Paper (中文簿記與會計考試) will ONLY be provided in the June examination session. The HKIAAT will closely monitor feedback from students and course providers and will consider reinstating the December session if appropriate.
New Operating Hours
The HKIAAT will adopt a five-day working week for the Secretariat effective from 1 July 2007. Please be assured that there will be no reduction in service. The Secretariat will extend working hours to 6 p.m. from Monday to Thursday and the reception counter and library will remain open on Saturday morning.
The new operating hours (effective from 1 July 2007) are as follows:
| Counter Service | Monday to Friday 9:00 am - 6:00 pm |
Saturday 9:00 am - 12 noon |
| Library | Monday to Friday 9:00 am - 7:00 pm |
Saturday 9:00 am - 12 noon |
| Main Office | Monday to Thursday 9:00 am - 6:00 pm |
Friday 9:00 am - 5:30 pm |
Briefing Sessions for the Proposed HKIAAT New Qualification Framework
Consultation on the proposed HKIAAT new qualification framework was rolled out in mid March. Since then, we have received many written comments and suggestions which are important for us in finalising the new qualification framework.
The consultation period has been extended to 31 May 2007. If you have not submitted your comments yet, you are welcome to do so before this closing date.
In order to enable our stakeholders to understand our proposals and provide opportunities to freely exchange views, briefing sessions for various parties are organised in April. Many who care for the future of the accounting technician profession, including our members and students, and course providers, attended the briefing sessions and expressed their views on the spot.
Sharing Session for Secondary School Teachers
A sharing session on the use of case study approach for learning and teaching of business studies for secondary school teachers was organised in collaboration with the Education and Manpower Bureau on 31 March 2007. Over 60 secondary school teachers attended.
The session aimed at (i) introducing the Accounting Case Competition to secondary school teachers; (ii) finding out about the successful experience of winning school; and (iii) presenting the benefits of using real cases in understanding business.
Mr Wan Shiu Kee, convenor of the Accounting Case Competition, introduced the Accounting Case Competition to the audience, discussing the background and objectives of the competition. He also reviewed the cases used in the past years and talked about how to make best use of the cases for learning and teaching. Mr Stanley Wong, the teacher-in-charge at SKH Lam Woo Memorial Secondary School (the winning school in the Sixth Form Group in the 2006 competition), then recaped his experience in preparing students for the competition and shared the learning and teaching of business subjects through cas study approach. Mr Nelson Lam, FCPA (Practising) followed by using real cases in assisting the audience in learning business through different perspectives. The teachers found the sharing session useful for them in learning and teaching and they raised many questions during the Q&A session which were well-addressed by the speakers.
We would like to thank the speakers for their immense contribution in making the session a success.
Consultation Paper on a proposed New Qualification Framework for HK Accredited Accounting Technician
The parent institute of the Hong Kong Institute of Accredited Accounting Technicians Limited (HKIAAT), the Hong Kong Institute of Certified Public Accountants, has issued in March 2007 a consultation paper that sets out the proposals on a new qualification framework for HKIAAT.
The Hong Kong Institute of CPAs, with its statutory role of regulating the accounting profession in Hong Kong, sees as its responsibility to periodically review the competency requirements of accounting technicians under the HKIAAT accreditation to ensure these are in step with business needs and the professional market of Hong Kong, and international best practices.

The proposals contained in this paper are the result of a comprehensive review and consultation with major education providers, educationalists, employers and practitioners, conducted by an independent consultant appointed by the Institute, Advanced Business Education Limited (a subsidiary of the New Zealand Institute of Chartered Accountants). References have also been made to the HKSAR Government's recently announced plan to introduce a new “3+3+4” academic system.
The proposed new qualification framework comprises three key requirements including:-
• Knowledge requirements
• Values requirements
• Practical Experience requirements
It is intended to ensure that those who hold the HKIAAT qualification will meet the broadening role required to support our finance and accounting professionals in the dynamic world in which we operate.
Proposed changes of, and additions to, the existing admission requirements are highlighted in this consultation paper for comments. They do not represent an adopted policy or position of the Hong Kong Institute of CPAs' Council or the HKIAAT Board. The purpose is to elicit an even wider range of responses from all stakeholders before the final HKIAAT new qualification framework is adopted.
Your comments are important to help us shape the future of the accounting technicians qualification in Hong Kong. Written comments are most welcome and should be submitted to the Institute no later than 31 May 2007 to the following address:
The Chief Executive & Registrar
Hong Kong Institute of Certified Public Accountants
27/F, Wu Chung House
213 Queen's Road East
Wanchai, Hong Kong
If you have any questions relating to the proposed new qualification framework, please contact us by phone at 2823 0600 or in person on 27/F Wu Chung House, or by email to
• Full Version of the Consultation Paper
• Frequently Asked Questions
Q&A Booklets
Questions and Answers (Q&A) Booklets for the December 2006 and January 2007 examinations is now ready for sale at our counter. Each copy costs HK$10.
Mail order is available. Please complete the mail order form and return it to us together with a stamped self-addressed envelope (size: 10”x14”or larger) and a cheque for payment for the Q&A booklet charges. The form can be obtained from the HKIAAT either by fax through the hotline at 2823-0660 or download from our website.
Annual Report 2005/06
The HKIAAT Annual Report for the year 2005/06 is published. Please download the full version here.
Results of the Accounting Case Competition
The Accounting Case Competition, jointly organised by the HKIAAT with the Education and Manpower Bureau and Hong Kong Association for Business Education, was successfully held on 16 December 2006.
In order to allow more students to participate in the competition, the number of entry groups was increased from two to three. The three groups were: Senior Secondary Group (F4 – F5); Sixth Form Group (F6 – F7); and Tertiary Institute Group. The competition was once again very popular with a total of 153 teams from secondary schools and tertiary institutes participating.
The winners of the competition are as follows:
Senior Secondary Group
| Name of School | |
| Champion | La Salle College |
| 1st runner-up | Clementi Secondary School |
| 2nd runner-up | Hong Kong Taoist Association Tang Hin Memorial Secondary School |
| Merit |
Sixth-Form Group
| Name of School | |
| Champion | SKH Lam Woo Memorial Secondary School |
| 1st runner-up | Hong Kong Chinese Women's Club College |
| 2nd runner-up | Sing Yin Secondary School |
| Merit |
Teritary Institute Group
| Name of School | |
| Champion | City University of Hong Kong |
| 1st runner-up | Hong Kong Institute of Vocational Education (Shatin) |
| Merit |
All top three prizes of each group will be presented at the HKIAAT Annual Dinner and Prize Presentation Ceremony to be held on 8 February 2007. We would like to take this opportunity to express our sincere gratitude to Hong Kong Economic Times Limited for being our media partner for this event.
Great Discount Offer for Members and Students
HKIAAT members and students are eligible to apply for a special HKIAAT Esprit co-branded privilege card to enjoy the special year-round benefits from Esprit:
1. 10% discount on all items (including sales items), Red Earth products and Esprit Salon.
2. The qualifying spending of HK$800 to become an Esprit Club member is waived.
3. A birthday month discount of 20%.
4. A welcome gift (digicam bag / candle set for the first 5000 members) upon successful application.
5. Priority Esprit pre-sale invitations (VIPs nights).
6. 2 - 3 times a year ad hoc pre-sale for discounts up to 20% - 30%.
7. Grooming package for new members of HKICPA/HKIAAT where they can enjoy:-
To obtain this co-branded privilege card, click here to apply online now (Online registration available until 9 APRIL 2007 only). The programme will expire on 31 December 2007.
Student Handbook
The online version of the student handbook can now be downloaded from our website. All registered students are requested to refer to the online version as, in order to reduce paper consumption, we will not be printing any hard copies. Notice of any changes to the handbook will be posted in the Journal.
Annual Dinner and Prize Presentation Ceremony 2007
The HKIAAT Annual Dinner and Prize Presentation Ceremony 2007 will be held on Thursday, 8 February 2007 at the Hong Kong Bankers Club. We are honoured to announce that Mrs Lucia Li, Director of Accounting Services, The Treasury, HKSAR, has accepted our invitation to be our Guest of Honour.
The Prize Presentation Ceremony is an annual event that recognises and commemorates the outstanding performance of the HKIAAT top students, scholarship recipients of various educational institutes and winners of the Accounting Case Competition.
The dinner is also an occasion for accounting professionals and academics to get together. Honourable guests to be invited will include government officials, presidents / chairmen of professional bodies and business associations, and heads of academic institutes.
The tentative programme is as follows:
| Time | Event |
| 6:30pm - 7:00pm | Cocktail reception and registration |
| 7:00pm - 8:00pm | Prize presentation ceremony |
| 8:00pm - 10:30pm | Dinner (Chinese cuisine) |
Members and students are cordially invited to share the evening with us. Please contact the Secretariat at 2823-0600 to reserve your seat on or before 10 January 2007. The charge for the dinner is HK$500 per person. An invitation card will be sent to confirm your reservation upon receipt of payment.
Library Opening Hours
The library opening hours will be extended between 7 December 2006 and 21 December 2006 as follows:
| Mondays | 9:00am to 9:00pm |
| Tuesdays to Fridays | 9:00am to 7:30pm |
| Saturdays | 9:00am to 12:00noon |
| Sundays | Closed |
*The library will close at 4:00 pm on 22 December 2006 due to Winter Solstice.
New Policy on Individual Assessment
With effect from 1 January 2007, the HKIAAT will discontinue its present practice to consider individual candidates' applications for assessment of their qualification for exemption from HKIAAT examination papers.
The Institute will still continue to review and assess qualifications of candidates which had been accredited by the HKIAAT, for purpose of seeking exemption from HKIAAT examination papers. For details of these accredited programmes, please click here.
Accounting Case Competition 2006
The Accounting Case Competition, jointly organised by the HKIAAT, the Education and Manpower Bureau and Hong Kong Association for Business Education, will be held on 16 December 2006 (Saturday) at Po Leung Kuk C W Chu College.
The competition, which is now in its the fifth year, aims to enhance student's ability in using accounting information for business development. Every year the competition attracts more than 300 students from secondary schools and tertiary institutes. Part of its overwhelming success is due to it adopting a real case study approach, which has proved to be more interesting and practical than the traditional question-and-answer type format. Students will be asked to download the annual report of a real designated listing company as part of their competition preparations. This year we have chosen the 2005/2006 Annual Report of Hong Kong Economic Times Holdings Limited to set our questions. Participants are advised to download the report from the company's website at www.hketgroup.com.
We would like to take this opportunity to express our sincere gratitude to Hong Kong Economic Times Limited for being our media partner for this event.
List of participants:
Question papers of the past years:
2005

















