NGO Treasurers’ Club Dialogue Series 2019

In collaboration with The Hong Kong Institute of Certified Public Accountants (HKICPA), the second round of the NGO Treasurers’ Club Dialogue Series were held with success on 27 September 2019, 8 and 15 January 2020. There were three workshops in Dialogue Series, where professional accountants from the HKICPA introduced key finance concepts for NGOs. Participants were separated into groups based on their knowledge in finance, so that broad members of NGOs from similar background, speakers and Accounting Ambassadors from HKICPA can share their experience on financial governance.

Below are highlights from the workshops:

Group photo of participants with speakers and Accounting Ambassadors

		For the first session, the speakers shared on the topic “Understanding Management Accounts for Decision Making”. Left – Ms Bernadette Lo, Senior Manager, EY Right – Mr Jacky Lai, Member of Community Services Working Group, HKICPA and Partner, EY Presentation deck
		For the second session, the speakers shared on the topic “How to Interpret Financial Statements and Auditor’s Report”. Left – Ms Karen Mak, Senior Manager, PwC Right – Mr Arthur Chan, Member of Community Services Working Group, HKICPA and Partner, PwC Presentation Deck
		For the final session, the speakers shared on the topic “Financial Planning and Budgeting”. Left – Mr Peter Wan, Steering Committee Member, NGO Governance Platform Project, Hong Kong Council of Social Service Right – Ms Annie Wong, Member of Community Services Working Group, HKICPA   Presentation Deck
		Participants discussed the pros and cons of “top-down” and “bottom-up” approaches of budgeting in groups.
		Participants were separated into groups based on their knowledge in finance in the workshops. This facilitated better exchange for board members from similar backgrounds and organizations.