Financial The
ability to forecast future expenses is crucial to a well run business. Cost control,
competitive bidding, accurate financial reports are a must if the Board is to
manage the members' funds effectively and fulfill its fiduciary obligations to
the corporation. At
Bicksler and Associates we pride ourselves in the attention and focus we bring
to this area of community association management. The art of preparing a budget
is really the act of setting a plan for the future. It is more than "crunching"
numbers; it involves setting programs and then funding those programs. We have
prepared hundreds of operating budgets and reserve analyses and then accepted
the responsibility to manage those plans. Creativity
is also important when it comes time to make things work financially. We have
been successful in helping Associations with creative financing for a variety
of purposes including a bank loan in 1991 for over $1,200,000.00 to finance construction
defect litigation. At
Bicksler and Associates we:
Process
all accounts payable and prepare checks for Directors' signature
The
collection of delinquent assessments
Prepare
annual budget
Maintain
complete financial files
Assist
in the year-end process of tax preparation, financial reviews and/or
audits
Prepare
custom reports for specialized projects
Prepare
Reserve Studies
We
will supervise:
The
Preparation of monthly financial reports
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