The US International Qualifications Appraisal
Board (IQAB) and the Hong Kong Institute of Certified Public
Accountants have signed a five-year mutual recognition enabling
qualified accountants from both jurisdictions to work across
borders.

IQAB said the agreement facilitate
cross-border reciprocity by streamlining the process for qualified
professionals with accounting credentials to become certified and
licensed in each other’s countries. 

The agreements are still subject to individual
state board of accountancy acceptance.