Hong Kong’s reputation as a global financial centre rests on international confidence in its accounting, legal and regulatory framework. This framework is constantIy being updated to incorporate the latest standards and international agreements
This timely volume provides a comprehensive overview of the accounting and legal principles that guide Hong Kong’sbanking Industry, and is essential reading for anyone pursuing a career in banking. After covering financial reporting and interpretation of financial statements, the text goes on to explain the legal and regulatory framework underpinning the banking industry and financial markets. The book shows how accounting principles are applied in banking, particularly in regard to the decision-making process. To enhance the readability of the text, complex structures and abstract concepts are discussed in simple, straightforward language.
The Bank of East Asia (BEA) takes great pleasure in sponsoring the production of this Important publication. We hope that this book will serve as a useful guide, and help to further strengthen the Institutional framework that underpins Hong Kong's success as a financial centre.
We. are delighted to present this practical and comprehensive introduction to the fundamental elements of accounting and law in the banking field.”
– Dr. the Hon. David K.P. Li, GBM, GBS, JP, Chairman & Chief Executive, The Bank of East Asia
Established In 1918, BEA Is the largest independent local bank in Hong Kong, and provides a wide range of banking and financial services to customers in Hong Kong, Mainland China, the rest of Asia, and other major markets around the world.