Welcome to WSCAI!

IT’S A COMMON MISCONCEPTION that tree maintenance cannot be done during the winter months, or that tree care companies don’t operate during this time of the year.
The reality is that winter is a good time for pruning and tree removal services. In fact, some major pruning work should only be done during the winter, such as pruning fruit trees to maximize fruit production.

Question: If three different accountants/bookkeepers sat down with the same data & transactions to process, would they prepare financial statements that look exactly the same?
Answer: Possibly but probably not.

Community associations use a system of accounting called fund accounting. As with non-profits and charities, the entity is collecting money for specific purposes, and should account for specific financial activity in pre-determined funds.

If you’re as Olympic-addicted as we are here at Charter Construction, then you were glued to the tv and news stations waiting for the next world record breaker or the neck and neck race for gold or the headline-grabbing Simone Biles’ and her decision not to compete.    

How you handle your HOA reserve funds really makes a difference in the successful running of your association. Managing HOA reserve funds is  important for the longevity and future investments of your association.

As a member of the board, it is your responsibility to stay on top of your reserve fund making sure it is regulated well and in the community’s best interests.