The Chief Digital Officer of the Hong Kong Productivity Council on how the workplace can enjoy the benefits of robotic process automation. Imagine a robotic colleague taking up all monotonous jobs at work. This is not science fiction, but happening now. Rather than a buzzword, robotic process automation (RPA) is a revolutionary solution that can… Read More How to automate office work
Hong Kong currently lacks technical standards for business valuations. To address this, the Hong Kong Business Valuation Quality Initiative Task Force, led by the International Valuation Standards Council, recently released a consultation paper. Nicky Burridge finds out how the proposals will improve the industry, and how effective the initiative will be in helping the city… Read More The end of face value
From Hong Kong’s source rules to building a global consensus on how profits should be taxed by countries, experts discussed contemporary transfer pricing issues in Hong Kong at the Institute’s Annual Taxation Conference 2019. Eric Chiang and Paul Smith report. Hong Kong has long been renowned for its simple tax regime and low tax rates.… Read More Is Hong Kong ready for BEPS 2.0?
The Chair of the International Federation of Accountants’ Professional Accountants in Business Committee on why finance teams today can no longer survive as a back-office function. By Charles Tilly The remit of chief financial officers (CFOs) now extends into strategy, enterprise risk management, performance management, and communicating the story of the organization to the outside… Read More The CFO and finance function should be at the heart of decision-making
James E Barbour Director of Policy Leadership Institute of Chartered Accountants of Scotland In recent years, considerably more research has been published on professional scepticism. This has helped facilitate in-depth discussions among standard setters, regulators, audit firms and professional bodies. The primary driver for this research has been the continual failure by auditors to exercise… Read More Can professional scepticism be taught?
The role of a forensic accountant continues to evolve. With more data to crunch and fraudsters to catch, forensic accountants are now using smarter tools to assist them in tricky cases. Experts in this specialism tell Jeremy Chan how they approach investigations, and why they are now required to master these technologies – or risk… Read More Finding the truth