Star num­ber cruncher is own big­gest ri­val

China Daily (Canada) - - HONG KONG - By LUO WEITENG in Hong Kong

sophia@chi­nadai­lyhk.com

Over the past two decades, Den­nis Ho Chiu-ping has worked ac­tively to shape Hong Kong’s ac­count­ing in­dus­try as a long-term Cer­ti­fied Pub­lic Ac­coun­tant (CPA), a cap he wears with great pride.

The vet­eran num­ber cruncher is the 2015 Pres­i­dent of the Hong Kong In­sti­tute of Cer­ti­fied Pub­lic Ac­coun­tants (HKICPA), the in­dus­try body for the city’s more than 39,000 ac­coun­tants.

The start­ing point of his ca­reer in the in­dus­try was marked when he joined ac­count­ing gi­ant Price­wa­ter­house­Coop­ers in Hong Kong back in the early 1990s.

The charm of the ac­count­ing pro­fes­sion lies in its ethos of pro­fes­sion­al­ism, ob­served Ho.

Knowl­edge and ex­pe­ri­ence are far from enough to make true ac­count­ing pro­fes­sion­als. To work and con­trib­ute as CPAs, they also can­not do with­out ob­tain­ing qual­i­fi­ca­tions and ac­cu­mu­lat­ing suf­fi­cient work ex­pe­ri­ence, to­gether with con­tin­u­ing pro­fes­sional education and de­vel­op­ment, he added.

Their cut­ting-edge pro­fes­sion­al­ism makes CPAs al­ways well-po­si­tioned to of­fer value to clients, and ex­tend com­fort and as­sur­ance to stake­hold­ers and in­vestors.

“We are the ones that peo­ple would like to trust,” added Ho.

Pub­lic ac­coun­tants stand as up­hold­ers of high eth­i­cal stan­dards, work­ing to­ward not just the good of em­ploy­ees and em­ploy­ers alike, but also for the pub­lic in­ter­est.

A firm be­liever in the adage that there is no such thing as a free lunch, Ho said hard work al­ways mat­ters a lot in the highly pro­fes­sional and de­mand­ing ac­count­ing in­dus­try.

For young would-be ac­coun­tants, Ho pointed out it is al­ways highly rec­om­mended to in­vest time and en­ergy at the early stage and gain a CPA qual­i­fi­ca­tion as soon as pos­si­ble.

“The sooner you are qual­i­fied, the more op­tions you can have to con­sider. Once the op­por­tu­ni­ties come, you would be the first one among your coun­ter­parts to grab them,” he said.

This sounds like stiff com­pe­ti­tion not only with peers but one­self as well.

Yet this is the hard fact amid an ev­er­chang­ing and fast-grow­ing econ­omy, where if you move slower than oth­ers you would soon be lag­ging be­hind, said Ho.

Apart from hard work, Ho be­lieves such a com­pet­i­tive pro­fes­sion also asks for a down-to-earth spirit. Young ac­coun­tants should em­brace the ex­tra work with down-to-earth ef­forts rather than ask­ing too many “whys”.

“All the an­noy­ing ex­tra work could turn into ex­po­sure and ex­pe­ri­ence that you are bound to ben­e­fit a lot from in the near fu­ture, as long as you re­ally pour your­self into the task,” said Ho.

In a be­lief that do­ing more than nec­es­sary is al­ways worth­while, not only com­pared with your coun­ter­parts but also com­pared with your own, the sea­soned ac­coun­tant has al­ways set the bar high for him­self and pushes him­self to ex­ceed ex­pec­ta­tions rather than just meet them.

His hard work won him trust and recog­ni­tion, which be­came a stim­u­lus for him to do even bet­ter. Such a vir­tu­ous cir­cle is what has seen him make his mark in the pro­fes­sion.

Den­nis Ho Chiu-ping 2015 pres­i­dent, Hong Kong In­sti­tute of Cer­ti­fied Pub­lic Ac­coun­tants

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