Organised by The Hong Kong Institute of CPAs, the 2020 SMP Symposium was successfully held via the virtual platform on 27 November 2020. The SMP Symposium is an annual event to provide industry updates to SMPs and discuss matters of common interest and concern. Our Managing Partner, Mr. Eugene Liu, who is the Chairman of the 2020 SMP Symposium Organizing Committee and Deputy Chairman of SMPC of HKICPA, represents the Institute to give the closing remarks at the Symposium.

This year Symposium covers the following areas: Institute’s and IFAC recent development, tax update, major changes to financial reporting and auditing standards affecting SMPs, updates on TCSP licensing regime, AML / CFT requirements and risk-based supervision of accounting professionals, limited partnership fund ordinance, adoption of technologies during pandemic, practice review and compliance.