Disciplinary Matters

EDDIE C. WONG

EDDIE C. WONG, New York, NY: Under the provisions of Article XIII, Professional Conduct and Disciplinary Proceedings, Section 5, Automatic discipline, of the Society’s bylaws. Mr. Wong has been suspended from the Society for a period of two years, effective June 22, 2023, resulting from the Public Company Accounting Oversight Board's (PCAOB) Release No. 105-2023-006, "Order Instituting Disciplinary Proceedings, Making Findings, and Imposing Sanctions" (the Order). Pursuant to the Order, Mr. Wong was barred from being an associated person of a registered public accounting firm for violating the PCAOB rules and standards in connection with the audits of an issuer, including failing to obtain sufficient appropriate audit evidence, failing to identify or evaluate certain significant unusual transactions, and failing to perform sufficient audit procedures to address certain management assertions. In addition, the PCAOB levied a $100,000 civil money penalty on Mr. Wong. The PCAOB's Order can be found here. (Published October 2023).