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News & Views

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Clement Tse promoted to Assurance Principal

Moore Hong Kong is excited to announce the promotion of Clement Tse to the position of Assurance Principal with effect from 1 April 2022.

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Will the introduction of the Global Minimum Tax and the inclusion of Hong Kong in the “watch list” of European Union’s non-cooperative tax jurisdictions affect you?

With rapid changes in the international tax landscape in recent years, Hong Kong has been proactively making changes to embrace the new rules.  The Hong Kong Government has announced that it would actively implement the tax practice according to international consensus while maintaining Hong Kong’s competitive edge in the business environment.

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When SPACs Come Irresistibly Close – How Asia Stock Exchanges’ Card Up Their Sleeves?

SPACs may become more popular than traditional IPOs in the near future. Both Hong Kong and Singapore are prompted to introduce SPACs in their capital markets. 

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Angel Yau, Brian Leung, Emily Chan and Regina Mo promoted to Assurance Principals

Moore Hong Kong is excited to announce the promotion of Angel Yau, Brian Leung, Emily Chan and Regina Mo to the position of Assurance Principal with effect from 1 October 2021.

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MPF Employer Award 2020-2021

Moore Stephens CPA Limited, Moore Advisory Services Limited and Moore Associates Limited, collectively known as Moore Hong Kong, have received the Good MPF Employer Award  by Mandatory Provident Fund Schemes Authority (MPFA), commending our dedication to enhancing employee’s retirement benefits.  

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James Kong joined Moore Hong Kong as Assurance Principal

Moore Hong Kong is pleased to announce the joining of James Kong as Assurance Principal with effect from 27 September 2021.

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Moore effort for a sustainable future

Moore Hong Kong understands the importance of working towards a sustainable future. We are pleased to become a bronze member of The Green Council, and take further actions to support sustainable development.

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Moore Global announces five new global leaders

Moore Global, one of the world’s leading accountancy and advisory networks, has announced five of its sector leaders have been appointed Global Leaders.    These newly created roles support our continued growth strategy and emphasise our plans to strengthen our global leadership position in key sectors around the world.

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Amy Yip promoted to Assurance Principal

Moore Hong Kong is excited to announce the promotion of Amy Yip to the position of Assurance Principal with effect from 1 April 2021.

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Valuation Review for Financial Reporting

As an independent valuation review has been taking  a more influential role  in audit processes and fair value estimation of company asset and liabilities reporting, the corresponding industry standards is gaining more detailed attention from all valuers and other industry practitioners. A professional practitioner should always consider to obtain additional necessary assurance from experts in relevant professional field.

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Importance of SOC Reporting in the Post Pandemic Era

Prior to the pandemic that affects the world since earlier last year, many sectors were already redesigning their operating models to enhance efficiency and effectiveness in the digital era. These efforts are now even more relevant than ever as companies require leaner, more adaptive digital enterprises that can change and respond quickly. We see that transitioning certain functions to cost effective shared service centre or outside the enterprise entirely via managed service or outsourcing relationships with third parties are high on the list of many enterprises planned actions in the Post Pandemic Era.    Many organisations are able to function more efficiently and effectively by outsourcing tasks or entire functions to another service organisation. These outsourcing relationships may increase revenues, expand market opportunities, and reduce costs for the user entities and business partners, they also result in additional risks arising from interactions with a service organisation and its systems. In supporting their risk assessments on service organisations, user entities and business partners may request independent reports on an examination or review of controls from the service organisation. This is where assurance standards for reporting on service organisation controls such as SOC Reporting and ISAE 3402 were developed.  

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PRC Asset Appraisal Requirements and Considerations

This article offers guidance to Hong Kong’s investors, accounting and valuation practitioners in understanding the appraisal requirements and considerations in the PRC, with the purpose of promoting further businesses between the two places.