Yu, Chi Fat 余智發

HKICPA reprimands Mr Yu Chi Fat of HLB Hodgson Impey Cheng
HKICPA, 3-May-2021
For bad work on the 2012 audit of Emperor Culture (0491). The case was referred by the Financial Reporting Council. Notably there is no fine, but costs of HKICPA and FRC at HK$39k are awarded. We note that Mr Yu and his firm were fined in Aug-2019 in another case.
HKICPA fines HLB Hodgson Impey Cheng Ltd, Yu Chi Fat & Shek Lui HK$60k
HKICPA, 2-Aug-2019
The 2013 accounts of China Creative Digital Entertainment (8078) stuffed an investment loss below the line, in comprehensive income, rather than running the impairment through profit and loss, thereby understating the loss for the year.

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