2026.02.13 Financial Reporting Countdown for the Reporting Season: What You Need to Know
Jan 27, 2026
The Hong Kong Institute of Certified Public Accountants (HKICPA) has issued some new and revised financial reporting standards that will take effect for annual periods beginning on or after 1 January 2025. In this session, Deloitte partner Ernest Lee will provide a practical overview of these updates, along with insights into emerging regulatory focus areas and upcoming requirements shaping the financial reporting landscape.
Key topics include:
►New and revised Hong Kong Financial Reporting Standards (HKFRS) effective from 1 January 2025
►Upcoming amendments and expected changes under HKFRS and IFRS
►Regulatory spotlight: key financial reporting issues under review by the regulators
►Practical implications for financial statement preparation and audit readiness
Join us to ensure your 2025 financial reporting is accurate, compliant, and aligned with the latest expectations from standard-setters and regulators.
Event Details:
Date: 13 February 2026 (Friday)
Time: 7:00 pm to 8:00 pm
Channel: Zoom Webinar
CPD: 1 hour
Language: Cantonese
Fee: HK$100 for Members & Colleagues; HK$150 for Non-members
Speaker:
Mr. Ernest Lee
Technical Partner, Deloitte China
Ernest Lee is Technical Partner of Deloitte China. He provides technical support to some of the largest audit engagements of the Firm. With over 30 years of experience in the accounting profession, he provides valuable technical advice on matters related to accounting, audit and governance for companies in various industries in Hong Kong and Mainland China. He is a CPA (Practising) and a fellow member of the ACCA and ICAEW.
Ernest actively contributes to setting financial reporting standards locally and internationally. He is Past Chairman (2019-2021) of the Financial Reporting Standards Committee of the Hong Kong Institute of Certified Public Accountants (HKICPA). The Committee is responsible for setting financial reporting standards in Hong Kong. During his tenure of chairmanship, he represented the HKICPA on many international and regional meetings for standard setting. He has been a member of various HKICPA's Advisory Panels on financial reporting matters for many years. He is currently Convenor of the Financial Reporting Review Panel of the Accounting and Financial Reporting Council. Ernest is a member of the Listing Committee of HKEX, a member of the Securities and Futures Appeals Tribunal, and a member of the Standing Committee on Company Law Reform. He is also Past President of The Hong Kong Chartered Governance Institute (HKCGI) (previously "The Hong Kong Institute of Chartered Secretaries"). He represents the HKCGI on the Services Advisory Committee of the Official Receiver's Office.
As an advocate of education, Ernest also serves as a professional advisor to the Executive Master of Accounting programme of Cambridge Judge Business School, University of Cambridge, UK.
