- annual renewal of practising certificates
- annual renewal of CPA Firm, Corporate Practice and PIE Auditor registrations; and
- application for registration as a Registered PIE Auditor.
News Centre
The AFRC has imposed sanctions on Mr Lam Kin Choi (Lam) for his flagrant disregard of two statutory requirements to produce information and documents for the AFRC’s inspection of his two practice units.
Lam’s failures to cooperate with the AFRC are a very serious matter, as they prevented the AFRC from exercising its regulatory function of inspecting Lam’s practice units, thereby hampering its ability to monitor and uphold audit quality.
To reflect the seriousness of Lam’s two counts of misconduct, the AFRC imposed the following sanctions against Lam: (i) public reprimand; (ii) pecuniary penalty of HK$300,000; (iii) suspension of his HKICPA registration for two years; (iv) cancellation of his practising certificate; (v) two-year non-issuance of practising certificate order; and (vi) order for investigation costs and expenses.
For details, please click here.
