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Advanced Certificate in Financial Management for
Accounting and Financial Professionals in NGOs (The 2nd Cohort)
社会服务机构财务管理进阶证书课程﹙专为财务人员而设﹚﹙第二届﹚
Objective
To empower aspiring or newly appointed financial professionals with technical skill-sets and management insights
Course Requirements
• Applicants of the full certificate programme shall have attained either Level 2 or 3
• Session 1 and 2 are available for enrolments for NGO staff at all three levels
• Due to the course nature, Session 3 and 4 are not suitable for NGO staff at Level 1
Classification of Financial Professionals (based on role and responsibility)
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Level 1 :
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Basic accounting functions: data entry, simple accounting book closing: ledger, journal entries, petty cash handling, checking accounting entries and records, procurement, etc. |
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Level 2 :
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Full set of accounting function: Accounting role up to the closing of a centre’s accounting books including the preparation of financial statements and schedules for external audit and SWD compliance, participating in the preparation of the centre’s budget result for comparison and investigation. |
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Full financial accounting function up to the agency level: Write up books and accounts for the statutory audit and annual compliance for government departments, like SWD & EDB. To discharge the role properly, some financial management knowledge and techniques are needed to be equipped with, like break-even analysis, relevant costs for decisions and pricing decisions, etc. |
All Levels 1, 2 and 3 draw reference to NGOs’ financial management environment
Course Details
Course Code : 19B-C01 to C04
Date : 19B-C01 – Session 1: 5 February 2020 (Wednesday)
19B-C02 – Session 2: 11 February 2020 (Tuesday)
19B-C03 – Session 3: 17 February 2020 (Monday)
19B-C04 – Session 4: 20 February 2020 (Thursday)
Time : Please refer to individual sessions for details
Venue : Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai, Hong Kong
Duration : 27 hours
Target Participants : Financial professionals responsible for accounting and financial operations of subvented and / or non-subvented services of NGOs
Selection Criteria :
1. Preference will be given to applicants who enroll in the full certificate programme
2. Those who have completed HKCSSI’s Certificate in Accounting Practice and Financial Management for Accounting Staff in NGOs will take priority
3. Applications from target participants who can meet the above two selection criteria will also be processed on a first come, first served basis
Class Size : 30
Medium : Cantonese supplemented with English (Course materials in English)
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Sessions 1,2 & 3
(7 hrs)
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Sessions 4
(6 hrs)
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Full Certificate
(27 hrs in total)
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Fees:
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1,340 per session
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$1,140 per session
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$4,900
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Fees for HKCSS Agency Member Staff:
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$1,240
(enrolment received three weeks before the session commences: $1,070)
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$1,060
(enrolment received three weeks before the session commences: $920)
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$4,540
(enrolment received on/before 15 January 2019: $3,900)
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Enquiries : 2876 2470 or [email protected]
Certificates
Certificates will be issued by the HKCSS Institute to participants upon successful completion of session(s) enrolled with 80% attendance in total.
Course Structure
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Session 1 : Budget Management for Specific Fund Grants and Financial Controls for NGOs
Practice of budget preparation for NGOs
• To practice the budget preparation and walk through the whole budgeting process
• To master the concern areas during budgeting process and how to tackle those areas smartly
How to conduct budgetary control and financial monitoring for NGOs
• To practice the budgetary tools used in services shaping for better budgetary control
• To study limitation of those budgetary tools
• To execute financial monitoring for how to achieve a better end result
Note: It is assumed that participants have already had the basic knowledge of cost information and budgetary planning before enrolling in the course
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Course code: 19B-C01
Date: 5 Feb 2020
Time: 0930-1800 (7 hrs)
Trainer: Mr Steve Lam
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Session 2 : Financial Perspective of Funds Development and Service Performance Management for NGOs
Practice of funds development from financial perspective
• To identify and describe different funds development and their sources
• To explain the strategies of how to obtain funds for NGO’s su stainable, long-term growth
• Case study of why financial sustainability is so important to day
Assessing service performance and its measurements from financial perspective
• To introduce the Balanced Scorecard in NGOs and how they assi st us in preparing a better financial performance and measurement
• To walk through KPIs, benchmarking and non-financial performa nce measures used by NGOs
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Course code: 19B-C02
Date: 11 Feb 2020
Time: 0930-1800 (7 hrs)
Trainer: Mr Steve Lam
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Session 3 : Fund Management and Strategic Financial Management for NGOs
An Overview of NGO’s Fund Management
• To review the existing investment vehicles and constraints in NGOs
• To explore alternative investment opportunities for better fu nd management
• To write up effective investment strategies, policies and gui delines for NGOs
Strategic Financial Management Roles and Requirements in NGOs
• To build the strength and competency of financial and accounting team through leadership and management skills
• To integrate and interface with services on how to create a better strategic financial management function in NGOs
• To master good practices on the roles and requirements of fin ancial professionals in NGOs
Pre-training survey: Upon confirmation of enrolments, participants are invited to send their daily problematic areas or issues of handling their accounting/financial job for peer learning during the class
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Course code: 19B-C03
Date: 17 Feb 2020
Time: 0930-1800 (7 hrs)
Trainer: Mr Steve Lam
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Session 4 : Disclosure of Financial Information and Public Accountability for NGOs
• Preparation of Business Review Report for NGOs
• New Company Ordinance disclosure requirements for NGOs
• Accounting frameworks, HKFRS, HKPE, SME-FRS applicable to NGOs
• Disclosure requirements for audited financial statements for NGOs from an audit’s perspective
• Reserve accounting for NGOs from an audit’s perspective
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Course code: 19B-C04
Date: 20 Feb 2020
Time: 0930-1700 (6 hrs)
Trainer: Mr Isaac Cheng
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