Disclosure of Financial Information and
Public Accountability for NGOs

Objective

To empower aspiring or newly appointed financial professionals with technical skill-sets and management insights

Course Requirement

Due to the course nature, the course is not suitable for NGO staff at Level 1

Classification of Financial Professionals (based on role and responsibility)

• Level 1 : Basic accounting functions: data entry, simple accounting book closing: ledger, journal entries, petty cash handling, checking accounting entries and records, procurement, etc.
• Level 2 : 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.
• Level 3 : 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

Contents

• 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

Course Details

Course Code: 19B-C04
Date: 20 February 2020 (Thursday)
Time: 0930 – 1700 (6 hours)
Venue: Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai, Hong Kong
Target Participants: Financial professionals responsible for accounting and financial operations of subvented and / or non-subvented services of NGOs
Class size: 30
Language: Cantonese (supplemented with English), Handouts will be in English
Fees: $1,140,
$1,060 (Fees for HKCSS Agency Member Staff Only),
Early Bird Fee: $920 (Payment received on/before 30 January 2020 for HKCSS Agency Member Staff Only)

Remarks

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 (14B-C15 to C18 / 17B-C02 to C05) 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.

Related Certificate Course:
Advanced Certificate in Financial Management for Accounting and Financial Professionals in NGOs

【其他機構資訊及課程】

2020沙維雅模式系統轉化治療研究/實習課程

Mr Isaac Cheng 鄭頌仁先生
Director of Finance and Administration
New Life Psychiatric Rehabilitation Association

Mr Cheng is responsible for the financial, administrative, information technology and facility management aspects of the agency operation. He is a fellow member of Hong Kong Institute of Certified Public Accountants, holding a first class honor bachelor and a master of philosophy degrees from the University of Hong Kong as well as a master of laws degree from the Chinese University of Hong Kong. His professional experience was obtained from a Big Four firm, the civil service and multinational companies. He currently serves as the member of the Specialized Committee of Sector Finance