HKICPA bans Nic Yip Wai Wing for 1 year, fines him HK$200k

For issuing audit reports in a large number of engagements in which he performed no or minimal work. He fabricated working papers in reaction to the practice review. 5 of his 11 staff were not actually employees but sub-contractors known as "sampans" who took 70% of the fees and paid him 30% for sign-off.

Organisations

Nic Yip & Co. 葉偉榮會計師行

People

Chung, Rix Kwok Fai 鍾國輝
Koo, Anna Kar Chun 顧家珍
Lai, Adrian Yat Hin 黎逸軒
Lin, James C 林振宇
Yip, Nic Wai Wing 葉偉榮

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