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October 25, 2011

US and Hong Kong sign mutual agreement

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. 


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