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CERTIFIED PUBLIC ACCOUNTANT (CPA)
While the treasurer is responsible for the association's funds and for maintaining
financial records, many associations are required—both by their governing
documents and by law—to engage the services of a CPA.
The right third-party CPA is an invaluable asset, guaranteeing financial accuracy,
eliminating bias, and confirming that your association adheres to all regulations.
A CPA may help conduct audits, prepare tax returns and annual financial reports,
report results to members, and more.
RESERVE SPECIALIST
Ensuring the association's reserves are properly funded is crucial. Hiring a Reserve
Specialist or professional Reserve Analyst to perform a reserve study is the best
way to plan and budget a reserve fund.
OTHER
In addition to the partnerships with your management company and professional
advisors, you'll work with service providers to maintain and enhance your
community. Many associations employ service providers for:
• Landscaping
• Pool upkeep
• Maintenance and repairs
• Fire prevention
• Restoration and construction
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