association of chartered certified accountants · presentation by mr howard ling, chief consultant...
TRANSCRIPT
© ACCA
The Association of Chartered Certified Accountants
© ACCA
1st International
Accountancy body
entering into China
© ACCA
What do employers say about ACCA?
98% A respected brand
88% Provides relevant skills for
my business
88% Delivers complete finance
professionals with capability in
finance and management and
strategic accountancy
97% A world-class organisation
81% Shapes the agenda
of the profession
Source: ACCA Hong Kong Employer Survey 2017
© ACCA
Lifecycle of a business
Company
formation成立公司
Tax filing & planning
報稅及稅務策劃
Bank borrowing
銀行借款
Internal control
內部控制
Internal &
statutory audit
內部及法定審計 IPO
M&A 合併收購
Company doctors
公司醫生
Receiver 破產管理
Liquidation 清盤
Accounting is crucial
from birth to death of a company!
© ACCA 6
Public
Practice Industry &
Commerce Public Sector
Audit Assurance
Tax Advisory
Corporate
Recovery
Business
Consultancy
Risk Management
Financial
Accounting
Management
Accounting
Financial
Management
Treasury
Forensic
Accountant
General’s Office
Auditor General’s
Office
Public Sector
Accounting
Embracing change. Shaping futures. Together.
© ACCA
Driving the changes
The world is changing. Fast
The world needs strategic forward- thinking ACCA professional accountants
Professional accountants are more vital than ever
© ACCA
Professional Quotients build greater success
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Technical and ethical competencies (TEQ) The
skills and abilities to perform activities to a defined standard,
while maintaining the highest standards of integrity,
independence and scepticism.
Intelligence (IQ) The ability to acquire
and use knowledge: thinking, reasoning,
solving problems and the ability to
understand and analyse situations that
are complex and ambiguous.
Emotional Intelligence (EQ) The
ability to identify your own emotions
and those of others, harness and apply
them to tasks, and regulate and
manage them.
Creative (CQ) The ability to use existing
knowledge in a new situation, to make
connections, explore potential outcomes
and generate new ideas.
Vision (VQ) The ability to predict
future trends accurately
by extrapolating existing trends and
facts, and filling the gaps by thinking
innovatively.
Digital (DQ) The awareness and
application of existing and emerging
digital technologies, capabilities,
practices, strategies and culture.
Experience (XQ) The ability and
skills to understand
customer expectations, to meet desired
outcomes and to create value.
Best Budgeting Award
Creative Excellence Award
Best Proposal Award Digital Excellence Award
Research Excellence Award
Team Excellence Award
© ACCA
This Competition is an Golden Opportunity for you to sharpen your 7Qs. And it is just a Start !
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To be workplace ready and be
IN-DEMAND
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www.accaglobal.com/hk/ce
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You are the future Strategic Business Leaders !
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Live Polling
© ACCA
Presentation by Mr Howard Ling, Chief Consultant Social Enterprise Business Centre
Ultimate Goal of Social Enterprise
One Parent Asked:
Why my daughter needed to sit here for 2 hours listening to social entrepreneurship which was totally not related to her medical study?
My Answer:
I cannot answer this directly, but I want to waste 5 more minutes of your time and your daughter’s precious time to listen to one more story related to this picture.
The brain can't do two things at once
Think in Pictures, Think in Sounds Think in smells Visual thinking
https://www.ted.com/talks/temple_grandin_the_world_needs_all_kinds_of_minds?language=zh-tw
https://www.youtube.com/watch?v=Ifsh6sojAvg
Foreign Solution Local Application
Tri-sector Leadership
August 25, 2016
• Tri-sector leaders are distinguished as much by mind-set as by experience. They typically have a strong sense of mission.
• It allows students to learn about the pressing issues in government, and what the latest ideas and best practices are, while seeing how cities struggle toward answers.
Interests in Mind
• Cause
• History
• Language
• Consequence
• Unique Purpose
• Totally Unrelated to Absolutely Related • http://hbr.org/video/3117517462001/why-kindness-is-
good-business
• Why so easy to understand, but difficult to do?
CSR 2017
• Corporations Teaming up with Non-profits or Social Enterprises
• Increased Branding via CSR
• Moving to Sustainable Resources
• Employees are getting more involved
• Social Brand, Company Brand, Personal Brand
Häagen-Dazs & ibakery
SE
a bridge a common language
a reason for all sides to act
Gov’t role
ACCA, HKCSS, 3 SEs Tri-sector Example
Coffee Time Celebrating 20 anniversary
20 years of efforts
Turning Point
Her presentation
https://www.youtube.com/watch?v=ZIo9n_U2SMU
Predicament inspires change, change finds a passage , and passage leads to long-term solution – I Ching
Showroom & Ripple Effect
A family lights up a lamp at home.
He puts an extra lamp outside for the family so that all family members can easily find their home.
The light is strong enough to lit up the street. Everyone calls it the street lamp.
Someone likes it and tries it at his or her home, and the community benefits it.
Is it a home lamp or street lamp?
We don’t know, but we know that it is the light that helps everyone.
Keep thinking about it, and the light will come.
Q&A
Thank you for listening! [email protected]
© ACCA
Presentation by Mr Ian Arcebal, Training Manager ASKI Global Limited
INCLUSIVE FINANCE
FOR THE EXCLUDED
The Case of
ASKI Global Limited
Creating Opportunities, Serving OFW Communities
Vision A global centre that promotes inclusive and sustainable development for all.
Mission To help migrant workers, ethnic minorities and their families and the society at large become financially literate and independent through entrepreneurial coaching and training.
“ASKI Global intends to change the mind-set and remittance behaviours of
migrant workers”
ASKI Global Limited
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Creating Opportunities, Serving OFW Communities
Why Migrant Workers & EMs?
• Labour migration is a trend that creates immense challenges as well as opportunities for countries in the Asia-Pacific
• Demographic trends and uneven development patterns in Asia suggest that labour migration will continue to grow
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Creating Opportunities, Serving OFW Communities
Our Current Students in HK
PLANS & DREAMS
• Pay their loans
• Buy, construct or renovate their houses
• Purchase educational and health insurance
• Put up or invest in a business
• 99% females
• 99% household service workers
• 100% Filipinos
• Breadwinners of their respective families
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Creating Opportunities, Serving OFW Communities
Financial Inclusion Model
OUR TRIPLE BOTTOM LINE • Education first before
microfinancing or
enterprise development
• Back-to-back financial
education for migrant
workers as well as their
families
• Partnerships with other
microfinance institutions
and commercial banks
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Creating Opportunities, Serving OFW Communities
Programmes Offered
Financial Education Basic Entrepreneurship
Business Coaching
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Creating Opportunities, Serving OFW Communities
Programmes Offered
Financial Education
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SHEconomics
Creating Opportunities, Serving OFW Communities
Programmes Offered
Basic Entrepreneurship
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Creating Opportunities, Serving OFW Communities
Programme Methodology
• Customised course based on migrant workers’ profiles
• Use of highly interactive materials and “live case” approach
• Back-to-back training of migrant workers and their families
Students graduating at the National University of Singapore
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Creating Opportunities, Serving OFW Communities
Behavioural Changes
PROFILING EDUCATION
• Tweak learning materials
• Develop new thought pieces/cases
• Customized thought pieces instead of lengthy case studies
• Interactive learning activities (board game, role play)
• Recital instead of test
AWARENESS
ACTION
EXCITEMENT
• Save or save more
• Open bank accounts in Singapore through employers
• Invest
• Investment club
• Establishment of family enterprises
• Own savings
• Microfinance loans
• Development of personal plan
• Business to grow in 3 – 5 years
• Return home to families for good
BEHAVIOURAL
CHANGES (OFWS
& FAMILIES)
Creating Opportunities, Serving OFW Communities
Impact Measurement
• Over 7,000 have completed and graduated from our programs
• 90% have become savers, saving 20% of their salaries
• 33% have invested in financial instruments
• Half of the graduates have established microenterprises using their savings
• 230 OFWs have returned home permanently
• Around 50% concretizing their years left
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Creating Opportunities, Serving OFW Communities
Impact Measurement
• Over 1,700 have completed and graduated from our programs
• 90% have become savers, saving 20% of their salaries
• 13% have invested in financial instruments
• Half of the graduates have established microenterprises using their savings
• 30 OFWs have returned home permanently
• Around 50% concretizing their years in Singapore
FINANCIAL EMPOWERMENT
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Creating Opportunities, Serving OFW Communities
Impact Measurement
• Over 1,700 have completed and graduated from our programs
• 90% have become savers, saving 20% of their salaries
• 13% have invested in financial instruments
• Half of the graduates have established microenterprises using their savings
• 30 OFWs have returned home permanently
• Around 50% concretizing their years in Singapore
FINANCIAL EMPOWERMENT
WEALTH CREATION
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Creating Opportunities, Serving OFW Communities
Impact Measurement
• Over 1,700 have completed and graduated from our programs
• 90% have become savers, saving 20% of their salaries
• 13% have invested in financial instruments
• Half of the graduates have established microenterprises using their savings
• 30 OFWs have returned home permanently
• Around 50% concretizing their years in Singapore
FINANCIAL EMPOWERMENT
WEALTH CREATION
JOB GENERATION
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Creating Opportunities, Serving OFW Communities
Impact Measurement
FINANCIAL EMPOWERMENT
WEALTH CREATION
JOB GENERATION
FAMILY REUNIFICATION
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Creating Opportunities, Serving OFW Communities
Achievements
• Asia CEO Awards
• Awarded the i-Remit Heart for OFWs
Company of the Year in November 2015
• Other Awards & Recognitions
• Bagong Bayani (Modern-Day Hero)
Magazine Outstanding Organization
Award, April 2013
• Model on Crossborder Microfinancing as
a Financial Inclusion Strategy for Migrant
Workers in Asia
• International Model on Crossborder
Microfinancing and Back-to-Back
Education of Migrant Workers and their
Respective Families as a Financial
Inclusion Strategy 56
Creating Opportunities, Serving OFW Communities
Localization
As a newly registered social enterprise in HK and having an outstanding track record in creating significant impact and assisting underserved sectors in Singapore, where the program was launched in 2010, ASKI Global trained over 7,000 participants coming from countries such as the Philippines, Indonesia, Malaysia, Sri Lanka, India, Bangladesh, and Myanmar. We intend to adopt similar objectives and bottomlines.
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Creating Opportunities, Serving OFW Communities
Volunteer Engagement
Volunteer-students who will take part in the program will assist in the following areas:
• Module and Training Materials Development and Enhancement
• Marketing Strategy - Partnership building with social enterprises assisting EM communities & identification of possible OJT placements for EMs (training ground before they start their enterprises)
• Monitoring and Evaluation of the Project Impact using the SROI (Social Return on Investment) tool
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53-55 Lockhart Road
3rd Floor SPA Centre
Wan Chai, Hong Kong
Tel No. (+852)98700741
www.askiglobal.com.sg
www.facebook.com/ASKIGlobalHK
© ACCA
Presentation by Mr K. T. Szeto, Centre Manager Humanitarian Education Centre
Service Introduction
Sze-To Kin Tat Centre Manager
https://www.youtube.com/watch?v=9q0w7RmGycU&list=PLAA3E980F4BA9E0D1&index=163
To establish ourselves as a base for humanitarian education by: Humanitarian Values Dissemination Humanitarian Perspective Establishment Humanitarian Actions Response
Our Vision
What is Humanitarian Education?
What is Humanitarian Education?
Humanitarian Education: Enables individuals to interpret situations from a Humanitarian Perspective and
Empowers them to address challenges and take action in the spirit of the Fundamental Principles and Humanitarian Values of the Red Cross and Red Crescent Movement.
Why promoting Humanitarian Education?
We have entered a new era, and it is not a peaceful one. It is an era of protracted armed conflicts, which add up to a world at war. The causes are complex. The consequences are far-reaching. The humanitarian implications are massive.
Peter Maurer President of the International Committee of the Red Cross
2015.10.31 http://www.icrc.org/zh/document/peter-maurer-respect-laws-of-war
Why promoting Humanitarian Education?
In the face of blatant inhumanity, the world has responded with disturbing paralysis…The world must reaffirm its humanity and uphold its commitments under international humanitarian law.
Ban Ki-moon The Secretary-General of the United Nations
2015.10.31 http://www.icrc.org/zh/document/conflict-disaster-crisis-UN-red-cross-issue-warning
Why promoting Humanitarian Education?
How to implement Humanitarian Education?
EXPERIENCE
EXCHANGE
ENGAGEMENT
EXPLORE
4E Design
How to implement Humanitarian Education?
Humanitarian Education Centre
1. Exhibition Zone 2. Exploration Zone
Exhibition Zone
Strives to turn abstract concepts of humanity into concrete and realistic actions through a variety of thematic exhibitions and visits.
Exploration Zone
Audio-visual and tactile effects are utilised to allow visitors to explore and experience. By reflecting on various humanitarian issues, they will better understand and recognise the universal values of humanity.
Exploration Zone
Exploration Zone
Children in War
• First War Experience Centre in Asia • 90 minutes unusual Journey • Bring you to the War Zone • Provide two different routes • Taste of Desperation • Experience of Hope • Call for Humanitarian Actions
Other HE Programme
Our Manpower
Manager
Assistant Manager
(Administration)
Assistant Manager
(Education)
Programme Executive
Volunteer Instructors
Assistant Manager
(Education)
Programme Executive
Volunteer Team
• Challenges – Price
– Promotion
– Marketing
– Manpower
– Evaluation
• Opportunities – First War Experience
Centre in Asia
– Matching with Agency 5 year plan SA 3
– Very new and unique in HK especially for schools
– Cooperation among Similar NGOs
– Supported by International Red Cross
Opportunities and Challenges