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HKFRS 16: Practical Considerations

Event Details:


Roy Leung, Partner, Head of Accounting Change Advisory, KPMG

Alec Tong, Partner, Jupiter Capital Ltd

Chairman: Kim Man Wong, Chief Financial Officer, Hong Kong Electric Investments

Date: 29 November 2019 (Friday)

Time: 7:00pm - 9:00pm (Registration starts at 6:30pm)

Venue: Ming Hua Hall, 4/F., St. James' Settlement, No. 85 Stone Nullah Lane, Wanchai, Hong Kong

Language: Cantonese (no simultaneous translation)

CPD Credit: 2 hours

Fee: HK$100-

About the Seminar:

HKFRS 16, Leases has become effective for accounting periods beginning on or after 1 January 2019. The new standard does not only result in practical challenges for financial reporting, but also the way how businesses are managed. In this seminar, the two speakers will share different perspectives on the key issues in implementing the new standard and practical insights on how to handle such issues, based on their respective experience as practicing accountant and experienced executive in the retail industry.

About the Speakers:

Mr. Roy Leung, Partner, Head of Accounting Change Advisory, KPMG

Mr. Leung has extensive experience in advising clients on GAAP conversion and the accounting and business implications of changes in accounting standards. He has served clients from a variety of sectors including retail, manufacturing, utilities, real estate and transportation. He is a regular speaker on financial reporting, capital markets and corporate governance.

Mr. Leung is a member of the HKICPA Council, also serving on the Professional Conduct Committee, Registration and Practicing Committee and the Professional Development Committee. He serves on the Departmental Advisory Committee of the Department of Accountancy of the City University of Hong Kong and the Accounting Advisory Board of the Hong Kong University of Science and Technology. Mr. Leung is also a member of the Chinese Institute of Certified Public Accountants.

Mr. Alec Tong, Partner, Jupiter Capital Ltd

Mr. Tong is a Chartered Accountant qualified with KPMG in London. He has held various senior finance positions in multi-national corporations including the Group Finance Director of Dairy Farm, Jardine Pacific and Zung Fu covering business operations in many Asian countries, and the Group Treasurer of Jardine Matheson. He has extensive business experience in retailing, motor dealerships, restaurants, engineering and construction, logistics and transportation, IT distribution and solutions.

Mr. Tong is a member of the Qualification and Examinations Board, Professional Accountants in Business Committee and Professional Development Committee of HKICPA. He is also an Adjunct Professor at The Hang Seng University of Hong Kong and has completed the Advanced Management Program at Harvard Business School.

About the Chairman:

Kim Man Wong, Chief Financial Officer, Hong Kong Electric Investments

Mr. Kim Man Wong is currently the Chief Financial Officer of Hong Kong Electric Investments. He has over 30 years of experience in financial management and accounting in Hong Kong and other countries. He holds a Bachelor’s and Master’s degree in Business Administration. He is also a member of HKICPA.

He has actively involved in accounting education and professional development all these years. He is currently the Chairman of Accountancy Advisory Board of Lingnan University and the Chairman of Professional Development Committee of HKICPA. He is also a Panel Convenor of the Financial Reporting Review Panel of Financial Reporting Council.

CPD Hours:

Completed CPD hours will be granted to attendees who have attended a full session of seminar. For those who have not attended full session, the number of CPD hours will be discounted accordingly.

For the exact recognition of the CPD hours, please check with the respective Institute or Association.

Bad Weather Arrangement:

This event may be cancelled or re-scheduled when typhoon no.8 or black rainstorm warning is hoisted. Please refer to our website for the arrangement..


Accounting Development Foundation Limited (ADF)

CPD Requirements: Our seminars can fulfil CPD requirements. As professional bodies would not formally endorse the seminars we provide, it does not mean that the events we organize do not meet the CPD purpose. Registrants should note that you are responsible for determining whether our seminars or any event satisfy your CPD requirements i.e. that the training you receive are of appropriate standard and relevance to your maintaining and enhancing the technical knowledge and professional expertise. If necessary, please check with your respective professional body before registering our seminars. ADF does not warrant that the attendance of our seminars or events would automatically be recognized by the respective professional bodies as fulfilling your CPD requirements.


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