The Hong Kong Accounting and Financial Reporting Council (AFRC), which is the Special Administrative Region’s independent accounting regulator, has much to do. With regulation continually evolving and global developments throwing a curve ball, such as the recent US tariff shake-up, there are both opportunities to grasp and challenges to overcome. Yet, for recently appointed chairman Dr David Sun, there is one constant: maintaining trust through the integrity of financial reporting. In his interview, he talks about showcasing the relevance of the profession in a disruptive world.
Over in our practice section, we look at how some firms are offering IT audits and bespoke security solutions for clients to build their cyber defences. From navigating complex regulations around data privacy to implementing digital hygiene, the need for specialised support has never been greater. We also find out about regulatory compliance for organisations using artificial intelligence technologies and what that might mean for auditors, following the EU’s introduction of its landmark AI Act.
More on the impact of technology comes from our columnist Chris Davis, who writes on Hong Kong’s first cybersecurity law, which aims to protect critical infrastructure. What do accountants need to know?
ACCA’s Global Talent Trends Survey is the largest annual talent survey of accountancy professionals across the world, and sheds some insight on what staff want from their jobs and what they hope to achieve in their careers. In our article on the latest survey, we delve into some of the key findings and ask what leaders need to focus on.
We have more on the survey in our careers section, where we find out about the skills needed to fuel ambition. And there’s also a CPD article on how to become a true business partner and successful influencer. What skills do you need to expertly collaborate with all stakeholders?
Finally, we hear from ACCA president Ayla Majid on the future of accountancy in a fast-changing world as ACCA announces its new and forward-thinking qualification. Read what she has to say about advancing accountancy education and redefining the role of professional accountants in society.
Further information
See the other regional editions of AB:
