Accounting and Financial Reporting Council Ordinance (Cap. 588) (Version Date: 09/02/2023)

A revised version of the Accounting and Financial Reporting Council Ordinance was published on Hong Kong’s e-Legislation platform, the official Hong Kong website for publicizing legal texts. Generally speaking, the ordinance specifies the requirements of certified public accountants as regards their registration and work processes and the requirements of public companies in relation to having their records audited.
The revised version contains an amendment in the preliminary section (Part 1) of the ordinance, specifically in the Chinese version of the section. According to the enclosed change comment, the modification was only redactional in nature. The preliminary part contains definitions of terms and some general explanations of enclosed provisions.