Fiscal Management & Board Support Services
Supporting Self-Managed Associations With Professional Financial Guidance
Self-managed homeowners associations and apartment owners associations rely on volunteer board members to oversee their communities. Managing the financial responsibilities of an association requires organization, accuracy, transparency, and dependable support.
Our Fiscal Management & Board Support Services provide the financial administration and board support needed to help associations operate effectively while allowing board members to focus on maintaining and improving their communities.
We serve as the association's financial office, providing accounting, reporting, administrative support, and compliance assistance while your board manages property operations, repairs, and community decisions.
Fiscal Management & Board Support Services
Services may include:
Supporting Your Board
Our role is to provide accurate financial records, timely reporting, and dependable accounting services that allow board members to make informed decisions on behalf of their association.
We work closely with treasurers and boards to ensure financial records are organized, understandable, and readily available when needed.
We also assist associations with ownership changes by providing accurate account information, required documentation, and resale-related support throughout the escrow process. Our goal is to help facilitate a smooth transition from one owner to the next while supporting the association's financial continuity.
Focused on Financial Management
Our services are designed specifically for self-managed associations.
While your board oversees maintenance, repairs, contractors, and other operational matters, we provide the accounting and financial management needed to support those decisions.
This division of responsibilities allows board members to focus on managing the community while knowing the association's financial records and reporting are being handled professionally.
A Long-Term Partnership
Every association has unique financial needs.
Our goal is to build long-term relationships by providing reliable fiscal management services that promote sound financial practices, regulatory compliance, and transparency for the benefit of the entire community
Visit the AOAO Board of Directors Survival Guide
Visit the AOA Board of Directors Resource Center
Supporting Self-Managed Associations With Professional Financial Guidance
Self-managed homeowners associations and apartment owners associations rely on volunteer board members to oversee their communities. Managing the financial responsibilities of an association requires organization, accuracy, transparency, and dependable support.
Our Fiscal Management & Board Support Services provide the financial administration and board support needed to help associations operate effectively while allowing board members to focus on maintaining and improving their communities.
We serve as the association's financial office, providing accounting, reporting, administrative support, and compliance assistance while your board manages property operations, repairs, and community decisions.
Fiscal Management & Board Support Services
Services may include:
- Assessment billing and collection tracking
- Accounts payable and vendor payments
- Bank reconciliations
- General ledger maintenance
- Financial statement preparation
- Budget preparation assistance
- Reserve funding and financial reporting support
- Payroll services, when applicable
- General Excise Tax and income tax preparation, when required
- Annual reporting and regulatory compliance assistance
- Coordination with auditors, reserve study professionals, attorneys, insurance agents, and other advisors
- Preparation of board meeting agendas and supporting financial reports
- Recording and preparation of board meeting minutes
- Maintenance of association financial and corporate records
- Unit resale and transfer services, including escrow coordination, owner account verification, demand notices, and preparation of required association records
- Assistance with annual meetings and elections
- Preparation of owner correspondence and association notices
- General administrative support for the board of directors
- Year-end accounting support
Supporting Your Board
Our role is to provide accurate financial records, timely reporting, and dependable accounting services that allow board members to make informed decisions on behalf of their association.
We work closely with treasurers and boards to ensure financial records are organized, understandable, and readily available when needed.
We also assist associations with ownership changes by providing accurate account information, required documentation, and resale-related support throughout the escrow process. Our goal is to help facilitate a smooth transition from one owner to the next while supporting the association's financial continuity.
Focused on Financial Management
Our services are designed specifically for self-managed associations.
While your board oversees maintenance, repairs, contractors, and other operational matters, we provide the accounting and financial management needed to support those decisions.
This division of responsibilities allows board members to focus on managing the community while knowing the association's financial records and reporting are being handled professionally.
A Long-Term Partnership
Every association has unique financial needs.
Our goal is to build long-term relationships by providing reliable fiscal management services that promote sound financial practices, regulatory compliance, and transparency for the benefit of the entire community
Visit the AOAO Board of Directors Survival Guide
Visit the AOA Board of Directors Resource Center