With an aim of supporting NGOs to strengthen their governance capacity, the Council has recently released a new addition to the Concise Guide Series on Financial Governance of NGOs, titled “A Concise Guide on NGO Financial Reporting and Disclosure”, alongside the previous publications, “A Concise Guide on NGO Reserves”, “A Concise Guide on NGO Investment” and “A Concise Guide on NGO Financial Governance and Management”.

The fourth concise guide, together with the latest version of the previous guides, available in both English and Chinese, has been uploaded to the website of “NGO Governance Platform Project” for easy reference of the sector. Below are the highlights of their contents:

  • A Concise Guide on NGO Reserves – introduces the essential elements for establishing and managing NGOs’ reserves. A sample Reserve Policy Statement is included for NGOs’ reference.
  • A Concise Guide on NGO Investment – introduces the essential elements for NGOs in making investment decisions and managing their investment. A sample Investment Policy Statement and a sample Terms of Reference of Investment Committee are included for NGOs’ reference.
  • A Concise Guide on NGO Financial Governance and Management – introduces the essential elements in managing and overseeing the financial activities of an NGO. A sample Financial Policy Statement for smaller-sized NGO and bigger-sized NGO respectively as well as a sample Terms of Reference of Finance Committee and Audit Committee are included for NGOs’ reference.  
  • A Concise Guide on NGO Financial Reporting and Disclosure – introduces the essential elements and relevant compliance requirements in reporting and disclosing NGOs’ financial situations. A sample statement for disclosing non-statutory accounts and a sample unmodified audit report are included for NGOs’ reference.

Agency Members of the Council may collect one printed copy of the fourth concise guide “A Concise Guide on NGO Financial Reporting and Disclosure” on first-come, first-served basis while stocks last. Agency Members who have already successfully registered for the collection of one printed set of Concise Guide Series will not be eligible to collect an additional copy of “A Concise Guide on NGO Financial Reporting and Disclosure”. Interested parties please register online. Upon receiving the confirmation email, Agency Members could collect the guide at our office in Wanchai on or before 30 September 2022.

For any related enquiries, please contact our responsible staff at 2922 9247 or by email at [email protected].

 

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