Training Course List

Session 4:Costing for Service Operations

Introduction

More NGOs specifically stress on financial management and control to maintain the robustness of management system and steadiness of financial growth. In light of fulfilling the requirements of funding providers and the general public, NGOs meet different challenges in handling the daily financial issues. The are many non-accounting professionals who are overseeing the accounting and financial issues within their scope of responsibilities. HKCSS co-organized with professional accounting association this series of accounting courses for NGOs to enable their accounting staff the up-to-date financial knowledge and contemporary approaches in managing NGO finance.

Objective

This training course is designed for NGO staff with an aim to provide basic and essential knowledge for handling daily accounting issues with the following objectives:
1. to provide essential knowledge for center supervisors/service managers in handling the accounting records
2. to provide knowledge for the accounting staff to handle a full book of accounts effectively with due diligence.
3.To give insights fro management staff in decision making in financial issues.

Content

1. Introduction to full cost accounting concept and its use in services and operations
2. Understanding cost allocations and measurements and their use in determining different service costs
3. Mastering break-even analysis and using the tool for daily operations
4. Formulating better decision making on 'contracting out' and service pricing

Details

Course Code	:	07A-C03
Date(s)	:	26/6/2007
Time	:	0930 - 1230 (3 Hours)
Venue	:	Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai, Hong Kong
Target Participants	:	1. Center Supervisors / Service Managers 2. Accounting staff of all NGOs 3. Management staff responsible for financial issues
Class Size	:	30
Language	:	Cantonese (supplemented with English)
Fee	:	HKD 550.00
		HKD 500.00 (For HKCSS Agency Member Staff Only)
Early Bird Fee	:	HKD 450.00 (Payment on or before 30/04/2007 for HKCSS Agency Member Staff Only)
Enquiries	:	HKCSS Institute: 2876 2470 or [email protected]
Speaker(s)	:	Mr. LAM Steve 林志輝先生 BSc (Econ), MBA, FCMA, CPA (Aust), FCPA Financial Management Consultant Mr. Steve Lam was previously the Deputy Director (Finance & General Administration) of a local NGO. With his experiences in the financial profession of over 30 years and in the social service organisations, he can provide insights to NGO staff in topics relating to financial management. Prior to joining NGO sector, he had rich experiences in financial and management accounting, financial management and taxation in the commercial sector. Steve is also an experienced trainer in many similar training courses for social work professionals and is a popular speaker in many NGO seminars with topics in relation to financial management. He is now an Honorary Lecturer in the Department of Social Work and Social Administration of the Hong Kong University and currently holds the qualifications of Certified Public Accountant, Chartered Management Accountant and Certified Practising Accountant (Australia).