Because of the uniqueness of every homeowners association, it can at times be difficult to form an exact opinion about the financial health of your HOA. However, knowing where your community stands in this area can be extremely helpful. There are a few ways that you and the rest of your board can assess the…
If you are on the board of your HOA, you may already have been confronted with the question of whether or not to have an HOA audit performed. Because there are three different services provided by CPA firms, it can be confusing to know which of the three to choose. Here is how to determine…
Although technology is making it easier and easier for payments to be made online, many homeowners associations have not yet taken the steps to automate their invoices and are stuck in a time-consuming cycle. Often, HOAs have to deal with the many mistakes that can come through internal manual management of invoices and find a…