Phillips, Warren Peter
HKICPA bans Chan Bing Chung for 9 months, fines him HK$50k
HKICPA, 29-Feb-2016
This relates to his role as quality control reviewer for the 2007-2009 audits of Sing Lee Software (8076). The company failed to expense its share options. His "major line of argument was it was fair for the Company to treat the valuation of the Share Options as zero" - which it isn't. He still doesn't get IFRS 2. He is also an INED and chairs the audit committee of China Haisheng Juice (0359) which, if it keeps him, should explain why.
HKICPA, 29-Feb-2016
This relates to his role as quality control reviewer for the 2007-2009 audits of Sing Lee Software (8076). The company failed to expense its share options. His "major line of argument was it was fair for the Company to treat the valuation of the Share Options as zero" - which it isn't. He still doesn't get IFRS 2. He is also an INED and chairs the audit committee of China Haisheng Juice (0359) which, if it keeps him, should explain why.
HKICPA disciplines Ms Yeung Ho Yin, partner, and Ernst & Young (HK)
HKICPA, 27-Mar-2014
The listed company involved is not named, but it is almost certainly First Credit Finance Group Ltd (8215).
HKICPA, 27-Mar-2014
The listed company involved is not named, but it is almost certainly First Credit Finance Group Ltd (8215).
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