Wong, Gary Ho Yuen 黃浩源

HKICPA fines Gary Wong Ho Yuen HK$100k and Chan Lap Chi HK$50k
HKICPA, 5-Jan-2022
For bad audit work for Confucius International CPA Ltd on the 2018 accounts of HK-listed "Client C", which we can tell you was Baofeng Modern, now known as Golden Solar New Energy Technology (1121). This is the second time Mr Wong has been sanctioned.
HKICPA fines Pan-China (H.K.) CPA Ltd HK$250k; Eugene Fung Pui Cheung & Gary Wong Ho Yuen $50k each
HKICPA, 25-Jan-2019
This relates to the 2010 audit of GT Group (0263) and the valuations of mining rights and goodwill. Citing 2 other cases for which the firm was fined in 2016 and 2017, the Committee increases the fine, but we note that the audit and non-audit fees on this account for 2010 were HK$1.56m, so this is hardly a deterrent. The HKICPA is constrained by a maximum fine of $0.5m but didn't even use that.

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