Education for your Community Association
Seminar for Owners and Board Members in Condominiums and HOAs
WSCAI Saturday Seminar for Condos and HOAs
Saturday Seminars are offered four to six times per year. Each seminar is three hours long; full of timely information to assist owners and board members who reside in all forms of community associations – condominiums, homeowners associations (HOA) and cooperatives. Various topics are covered by industry professionals who are members of WSCAI and specialize in a segment of the industry.
Date & Time
Saturday, September 9, 2017
Registration & Breakfast:
9 a.m. – Noon
100-112th Ave NE
Bellevue, WA 98004
$35 Early Reg, $45 Regular; $55 Late Reg
$75 Early Reg; $85 thru Regular; $95 after Late Reg
9.9.17 Seminar Topics
Budgeting Basics, Financial Controls and Legislative Requirements
Budgeting is one of the primary responsibilities of boards of directors and management companies. Without a proper budget, financial statements are less meaningful. Without proper financial controls, the board, manager, and ownership can be at risk. We will discuss legal requirements, preparation of the budget, and 10 pitfalls to avoid.
You will also learn about:
- Accounting methods, budgeting models and requirements.
- Budget components, steps to developing an accurate operating budget.
- How to incorporate the reserve study into the budgeting process.
- Looking at cash flow and retained earnings to measure the financial health of the association.
- Approval process and disclosure requirements.
- Steps for meaningful financial controls, and the basics of audits and the auditing process.
This budget class is in its 14th year, and is one of CAI’s most popular classes. Be ready for an interactive session, with plenty of opportunities to ask questions and discuss budgeting and financial issues facing your community.
Kevin Ducotey, PCAM
Condominium Management, AAMC
Kevin is the Director of Condominium Management, an Accredited Association Management Company serving Community Associations in the Puget Sound area. Kevin maintains a Bachelor’s in BA – Finance and a PCAM designation. The PCAM designation is the highest professional recognition available nationwide to managers who specialize in community association management.
Catherine Kuhn, CPA
Cagianut & Company, CPA
Catherine manages the Bellevue office of Cagianut & Company, CPA, which is devoted exclusively to serving the financial needs of over 800 Community Associations in Washington. C&C has over 25 years of experience in serving Community Associations and currently has 19 employees.
Prior to joining Cagianut & Company in 2006, Cathy was a partner in a large Bellevue CPA firm and served clients in various industries there for 20 years. Cathy teaches classes and writes articles for WSCAI. In addition to being “Mom” to 2 active teenagers, she serves as Treasurer of the Newport High School Girls Basketball Booster Club, and a financial volunteer for Bellevue Young Life.
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