Jun 4, 2022

Hong Kong, US to End Mutual Accounting Recognition Agreement, Signaling Further US-China Decoupling

The Hong Kong Institute of Certified Public Accountants (HKICPA) failed to renew an 11-year mutual recognition agreement (MRA) with the U.S. International Qualifications Appraisal Board (IQAB) over failure to waive the requirement for one-year of local experience. Announcement of the ...