(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Services, Fraud, Risk Management

Keeping it clean: an interview with Santiago Otamendi

The Financial Action Task Force combats money laundering and terrorist financing around the world. Its President, Argentinian justice secretary Santiago Otamendi, tells A Plus about its current battle plans, and how Hong Kong and the accounting profession can help win the war. Leading the global fight against money laundering and terrorist financing should be a… Read More Keeping it clean: an interview with Santiago Otamendi

(c) The Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Financial Services

Where to stash your cash?

By David Trahair There’s a good rule of thumb when it comes to asset allocation decisions: you should have at least your age in safe fixed income products. It’s RRSP season again and that means you are probably wrestling with the same old problem — where the heck do I get the money? I can’t… Read More Where to stash your cash?

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Risk Management, Stock Market

Finding true value

By Nicky Burridge Earlier this year, the Securities and Futures Commission issued a guidance note after being increasingly concerned that some listed companies are acquiring assets at unreasonably high prices or selling assets that are undervalued. CPAs explain to Nicky Burridge the challenges in business valuation. A Hong Kong-listed company managed to lose HK$125 million… Read More Finding true value

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Services

Making Hong Kong the super-connector

China’s Belt and Road initiative is heavy on mega-projects, but Hong Kong is positioned to provide vital “soft” infrastructure such as corporate, financial, accounting and legal services as well as insurance, risk management, capital markets and trade assistance. George W. Russell finds out about possible opportunities for CPAs who think strategically about this US$900 billion… Read More Making Hong Kong the super-connector

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Financial Services

Accounting for rights to subscribe for convertible bonds

Introduction In today’s business world, convertible bonds are commonly used by listed entities to raise funds. A conventional convertible bond issued by an entity is usually defined as a fixed-rate bond whose terms require or allow the bond holder to convert the bond into a certain number of ordinary shares of the entity at a… Read More Accounting for rights to subscribe for convertible bonds