Free Arts Administration Workshop: How arts organizations can manage daily financial matters with ease, grace & intelligence

Staff members of small and medium arts organisations are often required to deal with finance and accounting duties which they are not trained for. Some administrators have been taking up book-keeping duties for their companies, learning by doing the tasks; while others manage to outsource the book-keeping duties but are required to check and control the companies’ finances.

This workshop is targeted to provide information and advice for arts administrators to assist them in handling daily financial matters with ease.[more]

Topics include:

• Basic financial records, documents and procedures relevant to SMEs – how to check and maintain control; what are the good accounting practices to develop in a SME arts organization.
• Finding the common language with the auditors: Introducing the role and responsibilities of auditor; understanding audit reports and how to deal with company and project auditors systematically as required by different funding bodies.
• How to change a financial year end date
• Other relevant topics such as tax issues, matching of income and expenses, asset transfer from the previous unincorporated organization to the incorporated company
• Especially suitable for staff of arts organizations that have some experience in dealing with their own financial functions and those who are required to check and control the organizations’ financial operations.

FREE ADMISSION

In Collaboration with the Hong Kong Arts Development Council