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Internal Control – How to conduct financial health check

Introduction

Staff members in the social service sector are required to handle accounting duties and financial management for their services / projects.  Training programs on Accounting Practices and Financial Management in form of certificate courses were conducted by HKCSSI to facilitate NGO staff to equip with ample knowledge on the subject area and be competent in handling such management duties.

This certificate programme is conducted for staff members without accounting background - to enable them to understand the finance and accounting savvy and be able to plan budgets, to execute and monitor the accounting practices and financial management.

Objective

Good accounting practices and financial management can support steady growth of an organization and serves as a sign of good management behind.  The course is organized to enable non-financial background NGO staff members who are responsible for accounting / financial issues to strengthen their knowledge in managing NGO finance, with the following objectives:

 

To provide essential knowledge of financial management and accounting for center supervisors / service managers in handling the accounting records

To provide knowledge for the accounting staff to handle a full book of accounts effectively with due diligence

To help managerial staff in mastering cost function and control for decisions made

To assist centre supervisors / service managers in developing and implementing internal control for their service units

 

Content

Significance of sound internal control, how to develop and implement accounting policies & 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 internal control system to safeguard organization assets
  • Importance & fundamentals of internal control
  • Roles of internal audit
  • Deciding control objectives and areas for investigations
  • 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

Details

Course Code : 14B-C05
Date(s) : 2/12/2014
Time : 0930 - 1700 (6 Hours)
Venue : Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai, HK
Target Participants : Center Supervisors, Service Managers (non-financial professionals) responsible for accounting and financial operations of NGOs
Class Size : 30
Language : Cantonese (supplemented with English)
Fee : HKD 1,000.00
    HKD 920.00 (For HKCSS Agency Member Staff Only)
Early Bird Fee : HKD 840.00 (Payment on or before 11/11/2014 for HKCSS Agency Member Staff Only)
Enquiries : 2876 2470 or institute@hkcss.org.hk
Speaker(s) :
Ms. Wong , Annie 黃雁玲女士
Finance Manager
Baptist Oi Kwan Social Service
Ms Annie Wong has over 15 years of accounting experience in commercial and NGO sectors. She is currently the member of HKICPA and CPA Australia.

Remarks

"Small NGO Talent Development Subsidy Programme" does not apply to this course. For other financial support, please click HERE .

Those CPAs may apply to claim the CPD hours from CPA Australia and Hong Kong Institute of Certified Public Accountants.

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