The Accounting Development Foundation 15th Anniversary Conference concluded successfully with a record attendance of 434 participants, marking a significant milestone in the industry. The event, centered around the theme Navigating Tomorrow: Strategic Pathways for Hong Kong’s Future Evolution, brought together a diverse group of experts and high achievers to discuss critical aspects of Hong Kong’s trajectory in various industries.
The keynote speaker, The Honourable Paul Chan Mo-po, emphasized the vast development opportunities presented by artificial intelligence (AI) and underscored the irreplaceable value of human qualities such as professional judgment and ethical conduct in the accounting profession. Mr. Chan highlighted four unique advantages Hong Kong possesses for AI development, including strong research capabilities, the ability to attract cutting-edge AI companies, support for cross-regional applications, and a comprehensive capital chain for funding startups.
Guest speakers including industry leaders and government officials engaged in insightful discussions about Hong Kong’s position as a business hub in the Asia-Pacific region and the importance of collaboration with emerging markets. The conference also addressed the increasing trend of Hong Kong enterprises expanding north and explored ways in which the accounting industry can adapt to changing market dynamics.
Participants emphasized the need for embracing artificial intelligence to enhance traditional industries while cultivating new sectors such as innovation and technology, life and health technology, financial technology, and new energy. The conference highlighted the importance of increasing AI literacy and AI preparedness within the accounting profession to leverage the benefits of AI technology effectively.
Overall, the Accounting Development Foundation 15th Anniversary Conference provided a platform for industry leaders, experts, and professionals to discuss the future of Hong Kong’s accounting landscape in the digital age. The event showcased the potential for AI development to drive economic growth and innovation while reinforcing the crucial role of human expertise and values in the accounting profession.
