The Hong Kong Institute of CPAs is the only body in Hong Kong authorised by law to register and grant practicing certificates to Certified Public Accountants in Hong Kong. The Institute has more than 25,000 members and nearly 10,000 registered students. Members of the Institute are entitled to the description Certified Public Accountant and to the designatory letters CPA.
The Hong Kong Institute of CPAs evolved from the Hong Kong Society of Accountants, which was established on 1 January 1973. The Institute operates under the Professional Accountants Ordinance and works in the public interest. The Institute has wide-ranging responsibilities, including assuring the quality of entry into the profession through its postgraduate CPA Qualification Programme and promulgating financial reporting, auditing and ethical standards in Hong Kong. The Institute has responsibility for regulating and promoting efficient accounting practices in Hong Kong to safeguard its leadership as an international financial centre.
