Hong Kong and US accounting standard bodies no longer see eye to eye. Image: Facebook
A recent collapse in negotiations between accountant bodies in Hong Kong and the United States over a decade-long mutual recognition agreement (MRA) threatens to undermine Hong Kong’s long-time status as a global initial public offering (IPO) hub. The Hong Kong Institute of Certified Public Accountants (HKICPA) said in a recent statement that its MRA with […]