In-house GAAP accounting overseen by a licensed CPA
Robert Raak, our Chief Financial Officer, is a licensed CPA with more than thirty years of experience in financial services. He’s a member of our staff, not an outside consultant, and he oversees financial production for every association in our portfolio.
Your association is assigned a dedicated accounts receivable specialist, an accounts payable specialist, a general ledger accountant, and a banking specialist, with Robert serving as controller. Those responsibilities are separated deliberately. Concentrating them in one person is how associations become vulnerable to error and to fraud.
Financial statements are GAAP compliant and produced before the 25th of each month on a modified accrual basis. We hold the close for vendor invoices so your statements reflect what actually occurred that month rather than deferring costs to meet an earlier deadline. Either way, your board isn’t waiting on us, because your financial data is live in the portal every day of the month.
Boards can review the full scope of our HOA accounting and consulting services online.