Community association boards should consider implementing the following practices and procedures to safeguard association funds.  Know the association’s federal tax identification number (FTI) and keep separate accounts. Use it to… Read More

When looking at any basic accounting program for an association, there are some features that are “must-have.” The program must give managers and Boards enough financial information to properly do… Read More

Being a Board member can be challenging with all of the day to day items that arise. As a Board member or manager, we are trusted with ensuring that the… Read More

By: Jeremy Newman, CPA  In a review engagement, a CPA performs procedures in accordance with professional standards before issuing a report on an association’s financial statements . A review report… Read More

By: Jeremy Newman, CPA  Budgets! Is it that time of year again? Why does it feel like there is so much to do? Are you starting from scratch every time… Read More