Transparency Tools for Financial Management of Your Condo or HOA

As a community board member one of the most important duties you have is to make sure you don’t waste or lose funds entrusted to you by your neighbors.  There are transparency tools for financial management of your Condo or HOA that will help you safeguard monies and uphold your fiduciary duty. Fiduciary duty as defined by the Business Dictionary is: A legal obligation of one party to act in the best interests of another.  The obligated party is typically a fiduciary, that is, someone entrusted with the care of money or property. There are four main tools that help boards keep their accounting transparent: Online Tools for Board Business,… Read More

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