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Best Practices: Financial Operations

ISBN: 978-0-941301-65-7
2007
Product Format: Book
Item #: 1657
Members: USD $6.95
Non-Members: USD $12.00
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Given that the fiscal health of the association has a direct impact on every member of the community, proper management of financial operations is an important element of building better communities. This Best Practices Report, published by the Foundation for Community Association Research, includes performance benchmarks for how to establish financially healthy communities as well as case studies that illustrate the implementation of those benchmarks in real communities.

Financial Operations is also available as a free PDF download. However, for those who want a printed version, it is available here at cost.

Contents

Section One: Overview and Introduction

  Financial Operations
  Budgetary Responsibilities

Section Two: Accounting Practices & Financial Statements
  Accounting Practices
  Accounting Basis Used for Financial Statements
  Financial Statements and Reports

Section Three: Assessments, Taxes, and Investments
  Assessment Collection
  Federal Income Tax Filing Responsibilities
  Investments
  Bid Requests/Request for Proposals

Case Studies of Strategic Planning
  Case Study #1: The Oakridge Estates Community Association
  Case Study #2: Kiawah Island Community Association
  Case Study #3: Riverbend at Leisure World

Additional Resources

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