Cheng, Po Yuen 鄭保元

Cheng Po Yuen, Yam Wai Man & Zenith CPA Ltd fined, and Cheng banned for 6 months
HKICPA, 16-May-2022
For bad audit work on Huarong International Financial (then known as Simesen International, 0993) in 2014 and 2015. This is the 3rd sanction in 4 years for both Zenith and Mr Cheng.
HKICPA fines Zenith CPA Ltd, Cheng Po Yuen & Keung Yee ManRe Leung Sze Chit
HKICPA, 2-Feb-2021
For bad work on the 2011 audit of China Health (0673). At para 45, the decision wrongly states (on HKICPA advice) that in a previous case (Leung Sze Chit, 2013) the respondent "was not reprimanded", and decides not to reprimand Ms Keung, who submitted that she was too inexperienced when she was appointed as the Engagement Quality Control Reviewer. In fact, Mr Leung was reprimanded. The committee also decries the delay in commencing proceedings (the case was referred by the AIB/FRC) and calls on the HKICPA to consider a minimum post-qualification experience requirement for ECQRs.
Cheng Po Yuen & Zenith CPA Ltd fined HK$25k over bad 2015 EPS calculation at Landing (0582)
HKICPA, 17-Aug-2018
Landing (0582) got 2015 EPS wrong by factor of 8.3
Company announcement, 14-Mar-2017
The auditors were Zenith CPA Ltd, directed by Cheng Po Yuen.

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