European Union Chamber of Commerce in China

Finance and Taxation Working Group

Online Working Group Meeting “COVID-19: Avoiding a Cash-Flow Calamity and Managing Business Risk”

Date: Tuesday, 14^th April, 2020

Time: 4:00pm-5:00pm (GMT+8, China time)

Venue: Zoom (online meeting), 线上活动

Register here or email Benedetta Borri at bborri@europeanchamber.com.cn before April 13th, COB. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes on the 13th.

Dear Working Group members,

The Finance & Taxation Working Group is pleased to invite you to the online meeting “COVID-19: Avoiding a Cash-Flow Calamity and Managing Business Risk”, which is taking place on Tuesday, 14^th April, 16:00-17:00, on Zoom. 

Amid the COVID-19 pandemic and global economic slowdown, businesses in China have faced exceptional difficulties in keeping their operations going while looking for solutions to their financial woes. At this meeting, Russell Brown OBE, Managing Partner of LehmanBrown International Accountants, will discuss how companies, regardless of size, can manage their finances to outlive the pandemic and avoid short-term cuts or ill-informed strategies. 

The presentation will look into all aspects of cash-flow management, from the procedures necessary for making a forecast to the proper administration of a business balance sheet. The presentation will also touch upon business risk and government assistance during these trying times. By the end of the meeting, participants will possess the knowledge whereby they can make effective decisions about their business’ cash flow:

• Cash-flow Trends
• Essential Procedures for Effective Cash-flow Forecasting
• Avoiding Inaccurate Forecasting
• Managing the Balance Sheet
• Shrinking Business Expenditures
• Proper Management of Receivables
• Tightening or Downsizing and Government Assistance
• Business Risk

Agenda

16:00-16:05 Opening Remarks and Introduction

16:05-16:45 Presentation by Russell Brown OBE, Managing Partner, LehmanBrown International Accountants

16:45-16:55 Q&A

16:55-17:00 Closing Remarks

We look forward to having you join us for this meeting. Click here to register or contact Benedetta Borri at bborri@europeanchamber.com.cn by April 13th, COB.

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For more information on the F&T WG or the European Chamber, please do not hesitate to contact Ms. Benedetta Borri at bborri@europeanchamber.com.cn in Shanghai, Mr. Tom Groot Haar at tgroothaar@europeanchamber.com.cn in Beijing and Mr. Peter Drucker at pdrucker@europeanchamber.com.cn in South China or visit our website.

Speakers

Mr. Russell Brown OBE

Founder and Managing Partner, LehmanBrown International Accountants

Mr. Russell Brown OBE

Founder and Managing Partner, LehmanBrown International Accountants

View speaker details

Mr. Russell Brown OBE is Founder and Managing Partner of LehmanBrown International Accountants, a China-focused accounting, taxation and business advisory firm with operations in Beijing, Hong Kong and five other offices across China employing around 200 professionals. Russell has over 35 years working experience including 26 years living in China and involved establishing and developing businesses in China. Prior to founding LehmanBrown Russell was Global CFO of one of the world’s largest public relations and communications consulting companies and prior to this their Asia Pacific Regional CFO.

He currently acts as advisor to international companies entering the China market and to Chinese companies venturing abroad. He has advised in a wide range of industries and business situations in China and Hong Kong. He is also a frequent speaker at conferences and seminars on taxation, accounting and doing business in and with China. Russell gained a BA (Hons) in Business Studies from Bournemouth University, is a Fellow of the Chartered Institute of Management Accountants (CIMA) in the UK and a Fellow of the Institute of Chartered Accountants of England and Wales.

He is also a Certified Global Management Accountant. He is currently Treasurer of the British Chamber of Commerce in China and Treasurer of the Australian Chamber of Commerce in China. He has previously held various positions including Chair and Vice Chair of the British Chamber of Commerce in China, Vice Chair of the China-Britain Business Council (CBBC), Chair and Director of the Asia Transformation and Turnaround Association. He is also an Honorary Member of The 48 Group Club. Russell was awarded an OBE (Officer of the Order of the British Empire) for services to British Business and the British Community in China in Queen’s Birthday Honours in June 2015.

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