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Community Financials is Now Licensed in Colorado

Colorado’s Community Association Manager Licensing (CAM) Law is scheduled to “sunset” on June 30th, 2019.  However, there is a Bill in the Legislature that is expected to provide a continuation of licensing for CAMs.  As some of the activities we perform for HOAs and...

Condo and HOA Debit, Credit Card and Petty Cash Best Practices

Your community needs to make small purchases for minor day to day operations.  What is the best way to accomplish this without a Board member spending his or her own money, or possibly risking fraud from improper controls around petty cash, debit, or credit card...

Condo and HOA Debit and Credit Card Fraud Case Studies

Many associations use credit cards or debit cards for handling some expense items.  We don’t agree with this practice as it can lead to abuses and fraud.  With good planing and budgeting an association should be able to do with out these payment methods.  We...