In order to satisfy the requirement of audit work, and strengthen the audit staff’s understanding of global professional standards and their application, the Commission of Audit (CA) particularly invited Mr. Charles Fung, the Macau registered auditor and the retired partner of Pricewaterhouse Coopers, to deliver two training sessions about “International Financial Reporting Standards” on 14 November and 2 December. The attendance figures were over 100 in the two sessions.

The course had two parts, namely giving a brief introduction to the “International Financial Reporting Standards”, and then introducing topics such as “Defined Benefit Obligation”. Having plenty of practical experience in audit, Mr. Fung elaborated on the basic principles and implementation details with regard to the two topics in an easily understandable way. In the meanwhile, Mr. Fung answered participants’ questions in detail, and actively introduced the latest development of audit industry with a view to improving CA staff’s theoretical knowledge and executive ability in performing financial audit work.

In order to keep pace with the change in social economic development and meet the demand of audit work, CA will organize various training activities every year to strengthen the professional expertise of audit team and to encourage staff to learn in diversified areas, for better performing audit work and continuously promoting the audit work to new stage.