Accounting and Financial Reporting Council

Accounting and Financial Reporting Council
會計專業獨立監管機構

Headquarters at Two Taikoo Place
Agency overview
FormedDecember 2006 (2006-12)
Preceding agency
  • Financial Reporting Council
JurisdictionHong Kong
HeadquartersTwo Taikoo Place, Quarry Bay, Hong Kong
Agency executives
Websitehttps://www.afrc.org.hk/

The Accounting and Financial Reporting Council (AFRC) of Hong Kong is the statutory body charged with regulating the accounting profession in Hong Kong. It oversees the performance of the Hong Kong Institute of Certified Public Accountants (HKICPA) with regards to its statutory functions towards accountancy in Hong Kong. Other duties include initiating enquiries into possible non-compliance with accounting requirements and conducting investigations into auditing misconduct. the AFRC is a regulator run independently of the Government of Hong Kong.