Posts tagged: hoa accounting

HOA 101: The In's and Out's of HOA Financials and Audits

HOA 101: The In’s and Out’s of HOA Financials

“The hardest thing in the world to understand is the income tax.” That statement, attributed to Albert Einstein, is widely thought to be true. But we find that the financials of a community (or homeowners) association – most of which are nonprofits – can be just as confounding as those pages upon pages of personal […]

HOA Accounting Advice for Self Managed Communities

Our HOA Accounting Advice for Self-Managed Communities

“There’s no business like show business, but there are several businesses like accounting.” That’s talk show host pioneer David Letterman, who recently left his post at “Late Night,” joking about the oft-maligned work of accounting. And though he’s not the only comedian to make wisecracks about it, the truth is that accounting is a vitally […]