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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.
Organisations
- China Haisheng Juice Holdings Co., Ltd. 中國海升果汁控股有限公司
- K.M. CHOI & AU YEUNG LIMITED
- SING LEE SOFTWARE (GROUP) LIMITED
People
- Chan, Bing Chung 陳秉中
- Choi, Kwok Man 蔡國文
- Chow, Peter Tak Sing 周德陞
- Ko, Edward Ming Tung 高明東
- Kwong, Cecil Chi Ho 鄺智豪
- Ngai, Alfred Tak Sing 魏德星
- Phillips, Warren Peter
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