The MRA applies to ACCA members who were registered as ACCA students in Hong Kong and the UK after 15 August 2004.

An applicant who is a member of ACCA applying for membership of HKICPA must have:

• an Accounting Degree or a Non-Accounting Degree accredited or recognised by HKICPA;
• passed the ACCA Qualification in Hong Kong or the UK which must include:

• passed either the Final Professional Examination of the current HK QP or the Capstone of the new HK QP (inclusive of the mandatory workshop requirement);
• completed and passed the workshops of any one of the four modules of the current HK QP if the applicant has not passed the Capstone of the New QP;
• has at least three-years' practical experience in accountancy which has been gained under an Authorised Employer or Authorised Supervisor complying with the HK Practical Experience Requirement;
• registered as an ACCA student in Hong Kong or the UK.

ACCA members who were registered as ACCA students on or before 15 August 2004 fall under the transitional arrangements. Further information on transitional arrangements is available on this page.

'Accounting Degree' means a university degree in accountancy accredited or recognised by HKICPA for registration as a student of HKICPA.

'Non-Accounting Degree' means a university degree (other than an Accounting Degree) accredited or recognised by HKICPA for the purpose of its Conversion Programme for non-Accounting Degree holders who wish to register as a student of HKICPA.

No. The MRA applies to ACCA students registered in Hong Kong or the UK only.

Yes. Any applicant who has been exempted by ACCA from sitting any of the 9 exams of the Applied Knowledge and Applied Skills levels of the ACCA Qualification may be eligible to apply for HKICPA membership under the MRA.  For those applicants who have received an exemption from Corporate and Business Law (previously F4) examination of the ACCA Qualification, they shall be subject to competency assessment by HKICPA (please refer to question 6).

Yes, an applicant who has received an exemption from Corporate and Business Law (previously F4) examination of the ACCA Qualification shall be subject to a competency assessment by HKICPA for which an overseas assessment fee will be charged.

Any applicant who has been exempted by ACCA from sitting the Corporate and Business Law (previously F4) examination of the ACCA Qualification shall be subject to an assessment by HKICPA (for which an overseas assessment fee will be charged) on the Law subjects studied.

Any competency inadequacy identified by the HKICPA may be bridged by the applicant sitting and passing the Corporate and Business Law exam of the ACCA Qualification or Module 10 (Business and Company Law) of the New QP.

The MRA requires that all applicants have successfully completed exam AAA (previously P7) and exam ATX-HKG (previously P6 (HKG)).  Members will have the option to attempt these exams with ACCA in addition to the option papers they have previously sat.

Alternatively, members can complete and pass the corresponding HKICPA QP Module in the following table:

Corresponding exams

No. Your choice of conversion between the old and new ACCA Qualification does not affect your eligibility. What matters is which examination you actually passed. Please refer to the Corresponding Exams table on this page.

An applicant must satisfy HKICPA that he/she has at least three years of practical experience in accountancy which has been gained under an Authorised Employer or Authorised Supervisor complying with the HK Practical Experience Requirement. For full details of the practical experience requirements, please visit HKICPA's website.

Students of ACCA are not eligible to enrol for the module workshops.

Members and Affiliates of ACCA, who hold an Accounting Degree or a Non-Accounting Degree, are eligible to enrol for a module workshop.

Yes. ACCA members will be entitled to the award of 13 CPD units for attending the module workshop and an additional three CPD units for completing the module workshop.

Students of ACCA are not eligible to take the Final Professional Examination / Capstone.

Members of ACCA who have completed and passed a module workshop are eligible to take the Final Professional Examination.

ACCA Affiliates who have completed and passed a module workshop are eligible to take the Final Professional Examination / Capstone, providing that they do not sit the Final Professional Examination at any time prior to the expiry of the later of:

• 24 months from the date when they have been granted an Accounting Degree or a Non-Accounting Degree; and
• 24 months from the date when they commenced training for the purpose of gaining practical experience in accountancy under an Authorised Employer or Authorised Supervisor complying with the HK Practical Experience Requirement.

Yes.

HKICPA members applying for ACCA membership must meet the following criteria:

• qualified through the HKICPA's QP
• registered as an HKICPA student in Hong Kong
• are an HKICPA member in good standing
• fulfil the standard membership application requirements of ACCA (e.g. fit and proper, not subject to any adverse disciplinary findings or pending complaints or investigations).

No.

No, the MRA applies only to HKICPA members who were registered as a student in Hong Kong.

An HKICPA member is required to have at least three-years' practical experience in accountancy which has been gained under an Authorised Employer or Authorised Supervisor complying with the HK Practical Experience Requirement.

Once you have become an HKICPA member, you are entitled to apply for ACCA membership.

No, the MRA relates to ACCA membership only.