Tentative rundown of the conference: |
Time | Topic | Speaker/ Chair |
9:00 am - 9:15 am | Opening address – Local updates – Including key highlights of the HKSQMs and FRC inspection findings, and relevant support by the Institute | Mr. Paul Hebditch Chair, Auditing and Assurance Standards Committee (AASC), HKICPA; Partner, Ernst & Young |
9:15 am - 9:50 am | Update on IAASB Projects – Assurance on sustainability/ ESG reporting – Audit of less complex entities – Disclosure for listed entities and public interest entities | Mr. Ivan Au Partner, PwC |
9:50 am - 10:40 am | ISA 600 (Revised) Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors) – – Key changes and requirements Update on Revision of Fraud standard Development of "International Sustainability Assurance Standards" | Mr. Len Jui Deputy Chair, International Auditing and Assurance Standards Board (IAASB) |
10:40 am - 10:55 am | Break |
10:55 am - 11:55 am | Update on IESBA Projects – PIE Definition – Sustainability initiative – Technology related revisions – Engagement team/ group audit independence – Tax planning and related services | Ms. Caroline Lee Deputy Chair, International Ethics Standards Board for Accountants; Partner, KPMG |
11:55 am - 12:15 pm | Local Updates on Ethics – Recent updates to the Code of Ethics – Recent ethics publications by the HKICPA – The proposed approach on adopting the PIE definition in Hong Kong | Ms. Maria Xuereb Deputy Chair, Ethics Committee; Partner Emeritus, Deloitte China |
12:15 pm - 12:30 pm | Break |
12:30 pm - 12:55 pm | Question and answer session | All Speakers |
12:55 pm - 1:00 pm | Closing remarks | Mr. Paul Hebditch |