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The Accounting and Financial Reporting Council (AFRC) today announces its Strategic Priorities for 2025-2027, to support the discharge of its statutory function. The AFRC's strategic priorities for 2025-2027 are based on four key pillars: Regulation: Upholding the quality of financial reporting and audit, thereby safeguarding stakeholder and public interests. Governance: Cultivating a healthy environment based on high-quality financial reporting and audit through robust governance. Development: Promoting the development of the accounting profession by advocating sustainability, digital transformation, and talent management. Organisational Effectiveness: Driving effective outcomes through efficient processes. For details, please visit: https://www.afrc.org.hk/media/stsjhckc/afrc-strategic-priorities.pdf

Employers must complete and submit the 2025 Salary and Pension Tax Return on or before May 2, 2025.