The accountant is a vital part of our association’s professional team. A staff member or volunteer may take care of the bookkeeping for the association, but the CPA is needed to conduct an audit at the end of the year. In addition, our accountant:
- Conducts association financial audits
- Prepares association tax returns
- Reviews financial data, answers financial questions and provides financial advice
- Participates in reserve studies and advises on reserve funding strategies
- Assists with budget preparation and long-term financial planning
- Develops accounting policies and procedures and recommends internal controls
- Prepares monthly or quarterly financial statements
- Educates board or committee members on financial matters
- Makes presentations at meetings
- Helps us obtain financing
The association accountant is a valuable partner who works closely with the manager and the board to ensure your assessments are managed and invested wisely and legally.
