CPAs holding Practising Certificates, CPA Firms and Corporate Practices can log in to the AFRC’s Online Application System for:
- 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
AFRC reprimands Prism Hong Kong Limited, Kyaw Sai Hong and Yam Wai Man for conducting PIE engagements without the required registrations and imposes pecuniary penalties totalling HK$353,500

11 Sep, 2025
The Accounting and Financial Reporting Council (AFRC) has sanctioned the PIE auditor Prism Hong Kong Limited (Prism), Mr Kyaw Sai Hong (Kyaw) and Mr Yam Wai Man (Yam) for conducting various PIE engagements in 2023 without the required registrations, in contravention of sections 20D, 20E and 20V of the Accounting and Financial Reporting Council Ordinance (Cap. 588). The AFRC has:
- issued a public reprimand to Prism, Kyaw and Yam;
- imposed pecuniary penalties totalling HK$353,500, comprising penalties of HK$210,000 for Prism, HK$105,000 for Kyaw and HK$38,500 for Yam; and
ordered Kyaw and Yam to pay the investigation costs and expenses.
For details, please click here.
