Financial Best Practices and Transparency

Financial Best Practices and Transparency

The Latest Tools to Help Communities Safeguard their Funds

Protecting community finances key assets such as bank accounts and reserve accounts is one of the board’s top jobs. Your association’s financial soundness affects every member of the community through the ability to pay for services, maintain your property and overall unit values. This article will provide an overview of several financial best practices and the latest technologies that help communities follow them.

I wrote this article for CAI Connecticut Chapter’s Winter 2012 edition.

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