President’s message

Dear members,

It is a tremendous honour and privilege to address you as the newly elected President of our esteemed Institute. I would like to express my heartfelt gratitude to each and every one of you, as well as the Council, for placing your trust in me. Together, we embark on an exciting journey into the future, marking a new era for our Institute following the momentous 50th anniversary and significant changes of the past two years.

As we enter this new chapter, we are committed to charting a strategic path forward. In February, the Council and the Institute’s management will convene for a Strategy Day, where we will collectively determine actionable goals for 2024 and beyond. Our aim is to drive meaningful progress and innovation, ensuring our Institute is in the best position to empower and elevate the profession.

To achieve these objectives, we have identified three essential focus areas: member support and engagement; nurturing the next generation of accountants; and branding and communication. I encourage each and every one of you to read my interview in this issue, where I share my thoughts on the Institute’s value to our members and my expectations for the year ahead.

The Institute remains dedicated to serving the profession. Recently, we conducted two crucial surveys – one focused on talent shortage and the other on the adoption of technology by small- and medium-sized practices. These surveys provide invaluable insights to understand and address the evolving needs of the profession, enabling us to advocate for its betterment and the broader Hong Kong society.

“Together, we embark on an exciting journey into the future, marking a new era for our Institute following the momentous 50th anniversary and significant changes of the past two years.”

In line with our thought leadership, I had the privilege of presenting the Institute’s budget proposals for the 2024-25 fiscal year to the media in January. As President, it was an honour to represent the Institute and provide invaluable advice to decision-makers in shaping policy for growth, innovation, and sustainable development.

We also recognize the importance of serving our members’ well-being beyond the professional realm. In January, our teams showcased their immense talents, achieving notable success in the badminton and table tennis competitions of the RSCP Tournaments 2024.

Additionally, I had the pleasure of attending the CPA Singing Contest, where our remarkable members left us in awe with their singing prowess. There are many more exciting moments like these to come, and I look forward to sharing them with you.

Lastly, I extend my warmest Chinese New Year blessings to all, wishing you a year filled with prosperity, good health, and joy. Together, let us seize the opportunities that lie before us and make 2024 a transformative year for our Institute and our profession.

Roy Leung

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