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THERE ARE FOUR RULES OF RESERVES that associations should know. Our company has pioneered foundational concepts & principles and provided...

ASSOCIATIONS WITH DECEMBER 31ST YEAR ENDS make up a large share of annual audits. There is often intense pressure on managers, accounting...

Inflation Effects On Reserve Components are a Really Big Deal THE CONSUMER PRICE INDEX IS at a 40-year high of ~ 7% as of this writing. As we...

WE DO NOT RECOMMEND handling mold by yourself. Hiring a professional mold remediation service to get rid of mold is the only way to ensure maximum...

WHAT IS AN AUDIT? The objective of an audit is to provide an opinion about whether the financial statements present information fairly, in all...

OUT OF SIGHT, out of mind? Since most of your community piping is hidden behind walls, it’s all too easy to disregard the warning signs of a...

MOST ASSOCIATIONS HAVE fiscal years that end on December 31. If an association does not obtain an independent audit by a Certified Public...

AT COIT, we believe that indoor air quality is an important aspect of any healthy home and business and the CDC agrees especially because COVID...

THE KING COUNTY PUBLIC HEALTH OFFICER issued an order on September 16, 2021, effective October 25, 2021. The Local Health Order requires people...

WHETHER PREPARING AN annual budget or a reserve study, it is important to know how much money is available to spend and where the money is saved...

IT’S A COMMON MISCONCEPTION that tree maintenance cannot be done during the winter months, or that tree care companies don’t operate...

We introduced you to association balance sheet fund accounting for assessments & expenses as part of a balance sheet in our last blog, which...