CPA Australia and the Hong Kong Institute of
Certified Public Accountants (HKICPA) have renewed their mutual
recognition agreement (MRA).

The agreement allows fast-tracked entry from
one organisation to the other.

CPA Australia and the HKICPA signed previous
MRAs in 2000 and 2005. There are different requirements under each
MRA, but transitional arrangements are in place.

The 2010 MRA takes effect from 1 July and is
valid until 30 June 2015.