SIRS and Traditional Reserve Studies
There still seems to be a lot of confusion related to the new laws for condominiums and co-ops. I hope […]
Reserve Bookkeeping for Associations and Co-Ops
Bookkeeping is an integral part of managing any business, and it is no different for a community association or a
Reserves Are for Today’s Depreciation
By now I am sure that everyone is a little familiar with establishing a reserve fund for assets in a
Funding of Reserves and Potential Statute Changes for 2022–2023
Tallahassee has reviewed a bill in 2022 that has been recommended by our industry leaders and a task force that
Why Flood Insurance Coverage Is Different than Property Insurance Coverage
It’s hurricane season again! The National Oceanic and Atmospheric Administration (NOAA) has predicted another above-normal hurricane season. NOAA predicts a
Bookkeeping and Saving Records for Reserves
Bookkeeping and accounting are professions that require in-depth schooling and experience. All businesses, but especially those that serve in roles
Understand the Importance of Fully Funding Reserves
To determine the funding of an association’s reserves, most associations order a reserve study. A reserve study is a report
Reserve Study: A Roadmap to a Financially Healthy Association
Reserves are very important in the overall budgeting of the association’s assets. If you are a new board member, it