Accounting has a less than impressive reputation. However, it is critical for the smooth functioning of a wide range of both for-profit and non-profit organizations. Homeowners associations are no exception to this rule. As for why this is the case, the answer is that accounting provides both internal and external parties. With a clear understanding of the state of an organization’s finances. Without accounting, it wouldn’t be an exaggeration to say making financial decisions would be the same as looking for the longest straw in a bale of hay in a lightless room. Read the article…………………………………..
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