Community associations fall victim to theft and embezzlement too frequently. Board members should know the warning signs and institute preventive…
Managing the finances of a community association is one of the most difficult, and most important, responsibilities of an HOA…
HOA bank statements are just as they sound: a statement from the bank showing all deposits and withdraws from each…
The foundation to all HOA accounting is the general ledger. Much like your checkbook at home, the HOA general ledger…
Unlike a balance sheet which shows a quick snapshot of HOA finances at a certain point, the income statement shows…
A statement of receivables, or accounts receivable statement, is a document that details the outstanding charges owed to the community…
The balance sheet in your HOA financial statement is the quickest and easiest way to get a feel for the…
Your community needs to make small purchases for minor day to day operations. What is the best way to accomplish…
It is common knowledge that homeowner associations have a board of directors, but the exact roles and responsibilities of the…
I attend a lot of annual meetings. When the re-elected or newly elected board of directors has its first meeting,…