Fund Management and Strategic Financial Management
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

An Overview of NGO’s Fund Management

• To review the existing investment vehicles and constraints in NGOs
• To explore alternative investment opportunities for better fund management
• To write up effective investment strategies, policies and guidelines 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 financial 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

Course Details

Course Code: 19B-C03
Date: 17 February 2020 (Monday)
Time: 0930 – 1800 (7 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: $1,340,
$1,240 (Fees for HKCSS Agency Member Staff Only),
Early Bird Fee: $1,070 (Payment received on/before 24 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

【學院全新網站正式推出——讓你「隨時隨地，一覽無遺」！】

學院的全新網站今日正式推出！最新課程、研討會、講座及文章亦已上載網站，但新網站有什麼特別？

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 staff in topics relating to financial management. Prior to joining HKSPC, he was the Finance Manager of an NGO and had already possessed enormous 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 relating to financial management. He currently holds the qualifications of Certified Public Accountant, Chartered Management Accountant and Certified Practicing Accountant (Australia).