12 Jan 2001
PETER P.F. CHAN v. HONG KONG SOCIETY OF ACCOUNTANTS
- Citation
- PETER P.F. CHAN v. HONG KONG SOCIETY OF ACCOUNTANTS
- Court
- Court of Appeal
- Case number
- CACV469/2000
The Court held the appellant was professionally negligent because the financial statements breached the Companies Ordinance and applicable SSAPs (including improper application of s141D despite the company having subsidiaries and failure to comply with SSAP 13 on investment property valuation), the breaches were neither justified nor disclosed, a clerical or software error did not excuse the professional failings, there was no real danger of bias in the tribunal, and the Disciplinary Committee's penalty was not shown to be excessive; appeal dismissed.