Regardless of scale and size, NGOs face different kinds of risks. Establishing internal control mechanism can effectively mitigate these risks, and protect the organization from potential damages.
The Council has collaborated with EY and published earlier the Internal Control Toolkit for Small Non-Governmental Organizations, providing a framework on internal controls for small NGOs. It focuses on supporting the development and review of existing practices.
To facilitate the application of the toolkit, EY is going to hold a workshop in August for concerned agency members, specifically highlighting the principles of internal control, and four selected risks and control processes. There will be group discussion during the workshop, where participants can share their experience and learning on internal control related issues.
Details as follows:
Date: 8 August 2020 (Saturday)
Time: 10:00am - 12:30pm
Venue: Ernst & Young, 22/F, CITIC Tower, 1 Tim Mei Avenue, Central (near MTR Admiralty Station, Exit D)
- Why do small NGOs need to establish good Internal Controls
- Key risks and developing controls in selected processes
1. Budget preparation and monitoring
2. Income processing and management
3. Payroll processing and adjustments
4. Procurement of goods and services
Ernst & Young Advisory Services Limited
- Mr David F. Samy, Greater China Advisory Internal Audit Leader
- Mr Joseph Chan, Advisory – Internal Audit, Manager
Language: Cantonese (materials in English)
Target participants: NGO Board / committee members (top priority), Agency Heads and senior management staff of small NGOs (with annual expenditure of around HK$6M or below)
Interested parties please register online on or before 27 July 2020 (Monday). Successful registrants will be notified by email with payment details by 29 July 2020 (Wednesday). Please note that quota is not transferable and fee paid is non-refundable.
For enquiries, please contact the Project team at 2922 9255.