Most associations have fiscal years that end on December 31. If an association does not obtain an independent audit by a Certified Public Accountant, it is perhaps more imperative that Read More >>
Financial Statements
Reading Financial Statements Series© Fund Accounting for Associations
Fund Accounting for Associations – Basics Whether preparing an annual budget or a reserve study, it is important to know how much money is available to spend and where the Read More >>
Reading Financial Statements Series© Basis of Accounting – Know Your Reports
Basis of Accounting – Know your Reports is the 7th blog in our Reading Financial Statements Series © Basis of Accounting – Know your Reports Question: If three different Read More >>
Reading Financial Statements Series© Balance Sheet Part 6 – Fund Accounting for Assessments and Expenses
Fund Accounting for Assessments and Expenses is the 6th blog in our Reading Financial Statements Series © Fund Accounting for Assessments and Expenses Community Associations use a system Read More >>
Reading Financial Statements Series© Balance Sheet Part 5 – Prepaid Expenses
Balance Sheet Part 5 – Prepaid Expenses is the 5th blog in our Reading Financial Statements Series © Prepaid Expenses A prepaid expense is an expense an association Read More >>
Reading Financial Statements Series© Balance Sheet Part 4 – Accounts Payable & Accrued Expenses
Balance Sheet Part 4 – Accounts Payable and Accrued Expenses is the 4th blog in our Reading Financial Statements Series © Accounts Payable and Accrued Expenses A payable is Read More >>
Reading Financial Statements Series© Balance Sheet Part 3 – Receivables
In our last blog we introduced you to balance sheets: the first in our Reading Financial Statements Series © In this and following blogs we will explore some balance sheet Read More >>
Reading Financial Statements Series© Balance Sheet Part 2 – Cash
We introduced you to balance sheets in our last blog, which was the first in our Reading Financial Statements Series © In this and following blogs we will explore Read More >>
Reading Financial Statements Series© Balance Sheet
This blog to introduce you to balance sheets is the first in our Reading Financial Statements Series © What is a balance sheet? Balance sheets present the financial position of Read More >>
Year End Accounting: Loose Ends
For most associations, their fiscal year ends on December 31. If an association does not obtain an independent audit by a Certified Public Accountant, it is perhaps more imperative that Read More >>
