Is US CPA license useful in Hong Kong?

Question

I am planning to go back to HK for work and looking for job in external or internal audit area. I wonder if my US CPA license helps while looking for a job over there. Thanks!!!!!

Answer 1

The HKICPA does not recognize the US AICPA certification, either in whole or in part. I know, that sucks, but that's the way it is.

See here for getting cross-certification:
http://www.hkicpa.org.hk/corporate_relations/MGuide_2006.pdf

It makes sense, though, since HK is a former English colony that followed mostly UK-style accounting GAAP. HK is moving more toward IFRS (while the US is still using US GAAP). So, yes, you can get a job in internal audit, but no, you cannot get a senior job in external audit (unless you are just a senior auditor and not yet a manager) as you cannot sign off on the audit.

Answer 2

i have not in any respect been to south-east Asia, yet i understand a great number of human beings from hong kong. From what i'm advised, between the more youthful era, there are countless that're proficient in english, notwithstanding mandarin audio equipment are merely some and far between. So i ought to say you're more effective of using english, and perchance bringing a cantonese word e book should be available ? i ought to presume that the languages are very similar, so gaining knowledge of cantonese should be lots extra ordinary for you, in case you already know mandarin.