Certificate in Accounting Practice and Financial Management
for Non-financial Professionals in NGOs
社會服務機構會計實務及財務管理證書課程 (專為非財務人員而設)
(課程內容只提供英文版本)
Background
Good accounting practices and financial management can support steady growth of an organization and serves as a sign of good management behind. The certificate programme is organized to enable NGO staff members of non-financial background who are responsible for accounting/financial issues to strengthen their knowledge in managing NGO finance.
Objective
✓
To provide essential knowledge of financial management and accounting for centre supervisors/service managers in handling the accounting records
✓
To help managerial staff in mastering cost function and control for making good decisions
✓
To assist centre supervisors/service managers in developing and implementing internal control for their service units
Course Details
Course Code :
21A-C02 to C05
Date :
21A-C02 : 17 June 2021 (Thursday)
21A-C03 : 24 June 2021 (Thursday)
21A-C04 : 7 July 2021 (Wednesday)
21A-C05 : 14 July 2021 (Wednesday)
Time :
0930 – 1745 (7 hours each day, 28 hours in total)
Venue :
Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai,
Hong Kong
Target Participants :
Centre Supervisors, Service Managers (non-financial professionals) responsible for accounting and financial operations of subvented and/or
non-subvented services of NGOs
Class Size :
30
Medium :
Cantonese supplemented with English (Course materials in English)
Each Session
Full Certificate
Fees :
$1,340 each session
$5,090
Fees for HKCSS Agency Member Staff :
$1,240
(payment received three weeks before the session commences : $1,070)
$4,710 (payment received
on/before 27 May 2021 : $4,070)
Preference will be given to applicants who enroll in the full certificate programme.
Applicants are not processed on a first come, first served basis. It will go through selection process by HKCSS Institute and trainer.
Certificates
Certificates will be issued by HKCSS Institute to participants upon successful completion of all four sessions with 80% attendance in total.
Session 1 : Basic Financial Management Knowledge for
Service Management in NGOs
Fundamentals and functions of financial management for service management • To provide and grasp how accounting function relates to service
management
• To briefly explain financial resource mobilization in Subvented and Non-subvented services
• To understand the roles of senior management and service management
in financial management
Introduction to conceptual & regulatory framework of financial reporting in Hong Kong
• To highlight the important concept of the Conceptual Framework of
financial reporting
• To briefly explain the Regulatory Framework and requirements of Companies Ordinance for financial reporting in Hong Kong
Overview of project management for non-subvented services • To understand the financial reporting requirements of different specific fund grants in Non-subvented services
• To provide an overview of project scope from financial perspective of funding proposal and business plan
• To grasp through different processes of managing and monitoring service projects including project slippage and external audit
Remark : The course will NOT cover SWD’s Lump Sum Grant (LSG) Subvention System
Course code: 21A-C02 Date: 17 Jun 2021 Time: 0930-1745 (7 hrs) Trainer: Mr Steve Lam
Session 2 : How to Read Financial Statements of NGOs
Understanding of a full book of accounts and accounting records used by NGOs
• To explain the basic full book of accounts, accounting records and year end accounting adjustments in NGO’s accounts
Understanding the structure of NGO’s financial statements
• To study the Statement of Profit or Loss and Other Comprehensive Income and the Statement of Financial Position and their uses in NGOs
Reading, interpreting and analyzing the financial statements • To read, interpret and analyze the financial statements for better understanding of accounting information and their uses for decision-making
• To walk through the preparation of basic financial statements
Course code: 21A-C03 Date: 24 Jun 2021 Time: 0930-1745 (7 hrs) Trainer: Mr Steve Lam
Session 3 : Internal Control – How to Conduct Financial Health Check?
Significance of sound internal control, how to develop and implement accounting policies and procedures, and equipping knowledge & skills of internal auditing to add value and improve an organization’s operations • The financial control system – Developing/Improving control guidelines and procedures in NGO internal control system to safeguard organization assets
• Importance & fundamentals of internal control
• Role of internal audit
• Deciding control objectives and areas for investigation
• How to read and master the guidelines given in Lump Sum Grant Manual by SWD
• Internal control reports for management review and action
• Monitoring of risk management activities
Session 4 : Cost Information and Financial Planning for Service Operations
Use of cost information in service operations • To study cost elements, cost allocation and estimation and cost behaviour for service operations
• To describe how cost information can assist us in preparing better decision-making
The role of budgets in financial planning and service operations
• To understand the role of budgets in financial planning and service operations
• To study the budget-setting process, budget preparation and its limitations and problems
Remark :The course will not cover budgetary control and its tools
Mr Steve Lam 林志輝先生 BSc (Econ), MBA, FCMA, CPA(Aust), FCPA
Deputy Director
(Finance & General Administration)
Hong Kong Society for the Protection of Children
Mr Steve Lam is responsible for the areas of Agency’ s finance, accounting, general administration and information technology. He has fruitful experiences in dealing with practical financial issues of social service organisations. With his experiences in the financial profession of over 25 years and in the social welfare sector, he is able to provide insights to NGO staffs in topics relating to financial management. Prior to joining HKSPC, he was the Finance Manager of an NGO and has already had well experience in financial and management accounting, financial management and taxation in the commercial sector. He is also an experienced instructor in many similar training courses for social work professionals. Steve is a popular speaker in many NGO seminars with topics relating to financial management. He currently holds the qualifications of Certified Public Accountant, Chartered Management Accountant and Certified Practicing Accountant (Australia).
