Qualification Programme opens doors in finance
Considered by the Hong Kong Institute of Certified Public Accountants (HKICPA) as a "sign of success", completing the institute's Qualification Programme (QP) is widely recognised as one of the most efficient ways for unlocking doors into the world of finance and business.
Jonathan Ng, director of education and training at the HKICPA, says equipped with a relevant university degree as the standard entry point, the QP allows students to gain appropriate knowledge, skills and practical experience to become a qualified certified public accountant (CPA).
To become a fully-fledged CPA, candidates are required to complete four modules - financial reporting, corporate financing, business assurance and taxation, each lasting 15 weeks. They are also required to pass an open-book examination for each module and a final exam that lasts six hours divided into two sessions.
In addition to accounting graduates, the QP is open to non-accounting graduates who are required to take a conversion programme. They are also required to complete three years of practical experience before they are fully fledged CPAs.
For individuals interested in working on the mainland, successful completion of the QP qualifies them for exemption from three modules of the mainland's CPA uniform examination.
Ng says through a combination of high quality interactive workshops, self-study and on-the-job training, the QP guides, supports and inspires CPA candidates.
"Our QP is the bridge that allows students to utilise their knowledge through using what they learn with what they are doing in the workplace. The programme offers a comprehensive learning experience, which provides a solid foundation on how to apply accounting knowledge in the real business world," Ng says. He says the HKICPA authorised employer/supervisor scheme provides employers with a set of guidelines on how to train their staff and CPA candidates with a structured training environment to support their learning and development. "There are no short cuts to qualifying for a CPA, which is one of the many reasons the designation is so highly respected," Ng says.
Through consultation with employers, academics and students, the QP is regularly reviewed to ensure it is kept up-to-date and relevant.