Page 91 - Memoir

RETROSPECT AND PROSPECT

In the next ten years, we will continue to see increased disruption in the accounting
RA In the next ten years, we will continue to see increased disruption in the
profession due to changes in the way people work and how they use technology.
accounting profession due to changes in the way people work and how they
Accounting firms of all sizes should take proactive steps to make strategic investments
use technology. Accounting firms of all sizes should take proactive steps to
into their technology platforms to work smarter and increase their profitability while
competing with other firms. We use our platform to educate our members on the critical
make strategic investments into their technology platforms to work smarter
changes in the accounting profession and how to utilize disruptive and innovative
and increase their profitability while competing with other firms. We use
technologies to help their firms and their clients. The firms that invested heavily in
our platform to educate our members on the critical changes in the
technologies over the last ten years, particularly in the accounting industry, have survived
accounting profession and how to utilise disruptive and innovative
the disruption, and in many cases thrived, despite a global pandemic. Firms that failed to
technologies to help their firms and their clients. The firms that investe
properly invest in technology, particularly smaller firms, suffered the most. We are also d
seeing accounting firms transitioning from traditional auditing work to consulting and
heavily in technologies over the last ten years, particularly in the accounting
advisory work, navigating the changes under the global pandemic, looking to survive, as
industry, have survived the disruption, and in many cases thrived, despite a
accountants are critical in the recovery of our economy.
global pandemic. Firms that failed to properly invest in technology,
particularly smaller firms, suffered the most. We are also seeing accounting
firms transitioning from traditional auditing work to consulting and advisory
work, navigating the changes under the global pandemic, looking to survive,
as accountants are critical in the recovery of our economy.

Before the end of this interview, please say some words for our 60th
Before the end of this interview, please say some words for our 60th KT
anniversary.
anniversary.

60 years is an incredible accomplishment for any firm, especially in the very
RA Sixty years is an incredible accomplishment for any firm, especially in the
disruptive and fast-changing accounting profession with so many M&As
very disruptive and fast-changing accounting profession with so many M&As
throughout that time. It is impressive to see your firm's loyalty to
throughout that time. It is impressive to see your firm's loyalty to everybody
everybody and to sustain for long time. Your firm's longevity is a testament
and to sustain for long time. Your firm's longevity is a testament to the
to the prominence in which your firm is held in your jurisdiction and the
prominence in which your firm is held in your jurisdiction and the reputation
reputation of your professionals in Hong Kong. We are so happy and
of your professionals in Hong Kong. We are so happy and honoured to be
honoured to be part of your firm's journey over the last 15 years with us
part of your firm's journey over the last fifteen years with us and wish you
and wish you another 60 years of success and prosperity. Thank you very
another sixty years of success and prosperity. Thank you very much for
much for including us.
including us.

Cheers, let's drink to that, though it is water. (Laughter)
CC Cheers, let's drink to that, though it is water. (Laughter)

CKY received the 10th year
award at the International
Conference 2017 in Paris

(From left) RA and KT

邱在光合伙會計師行有限公司六十週年 C K Yau & Partners CPA Limited 60th Anniversary 87