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In order to resolve a disciplinary proceeding before a Panel of the Disciplinary Committee concerning alleged professional misconduct against him, Leslie Haoen Shen, also known as Haoen Shen, of Burnaby, British Columbia has agreed to voluntarily relinquish his membership in the Organization of Chartered Professional Accountants of British Columbia (“CPABC”), effective November 26, 2021.

The professional misconduct alleged against Mr. Shen involves a breach of the Chartered Professional Accountants Act, S.B.C. 2015, c.1 (the “CPA Act”) and numerous breaches of the CPABC Code of Professional Conduct, including misappropriating for his personal use significant funds of a former employer, a publicly traded company, while he was employed as its Chief Financial Officer; concealing the misappropriation by falsifying bank statements, invoices and ‎financial statements, as well as recording payments made to him personally ‎in the former employer’s accounting records as purported corporate ‎expenses;‎ concealing the misappropriation by misstating, over a two-year period, the ‎financial statements, quarterly filings, and an annual filing of the former employer in order to reflect an overstatement of certain expenses; falsifying bank statements of the former employer to facilitate his repayment of a ‎portion of the misappropriated funds of the former employer (which occurred once he learned that he would be replaced as its Chief Financial Officer); providing false or misleading information to CPABC’s Investigator about the misappropriation;‎ and failing to provide information requested by CPABC’s Investigator in the ‎investigation into his role in the misappropriation, necessitating an application to the Supreme Court of British Columbia in order to compel, under sections 51(7) and ‎‎(8) of the CPA ‎Act, ‎the production of the information sought by ‎CPABC’s Investigator.‎

Mr. Shen denies all of the allegations above.

As Mr. Shen is no longer a member of CPABC, he cannot use or display the designations “Chartered Professional Accountant”, “Chartered Accountant”, or “Professional Accountant”, the initials “CPA”, “CA”, “CPA, CA”, or “PA”, or imply, suggest, or hold out that he is a Chartered Professional Accountant or Professional Accountant.

The Disciplinary Committee reached a Decision regarding a complaint made against Rolf A. Eugster of Vancouver, British Columbia.

The Committee ordered, among other findings, that Mr. Eugster be suspended for a minimum of two (2) years commencing October 20, 2021; and thereafter until he successfully completes the requirements of the decision.

See full decision.

In order to resolve a disciplinary proceeding before a Panel of CPABC’s Disciplinary Committee concerning professional misconduct alleged against him, Joey Wayne Mak has agreed to the voluntary suspension of his enrollment as a student of the Organization of Chartered Professional Accountants of British Columbia (“CPABC”) for a period of 12 months, between June 11, 2021 and June 10, 2022.

Mr. Mak has irrevocably admitted to breaching numerous provisions of the CPABC Code of Professional Conduct, by submitting a false and misleading application for membership in CPABC that failed to disclose that he had plagiarized an assignment in the CPA Professional Education Program; deceiving two members of CPABC who had signed Mr. Mak’s false and misleading application for membership in CPABC; lying to CPABC’s professional staff about why he had made a false and misleading application for membership in CPABC; and, making a false and misleading statement to the CPA Western School of Business.

During the 12 month period of the suspension of Mr. Mak’s enrollment as a student of CPABC, he will be ineligible to apply for membership in CPABC or in any other provincial CPA body.