Michael P. Mullen, C.P.A.
Certified Public Accountants
Stop Year-End HOA Audit Surprises Before They Start An HOA audit should confirm that your association is on solid ground, not send the board into panic mode. Yet many boards see their draft audit late in the winter and find surprises like operating deficits, reserve issues, or missing approvals that easily could have been fixed …
Turn Reserve Studies Into HOA Financial Strength Many boards want steady dues, no surprises, and clear HOA financial statements a CPA can explain in plain language. Reserve studies are one of the best tools to get there, yet they are often misunderstood or ignored until there is a crisis. Some associations coast along, keeping dues …
Protecting Your HOA Finances When Ballots Go Out Election season can put a spotlight on your association’s money like nothing else. When ballots go out, questions about dues, special assessments, and past spending move to the center of every conversation. If the numbers are not clear and consistent, trust can break down fast. Both board …
Stop HOA Fraud Before It Starts Fraud in a condo, HOA, cooperative, or timeshare often starts small. A trusted volunteer signs a few extra checks. A manager pays a personal bill from the operating account, then puts it back later, until one day they do not. Months go by before anyone notices, and by then …
Elevating Financial Health for Thriving Communities Community associations carry a lot on their shoulders. Boards are expected to keep buildings safe, common areas attractive, and neighbors happy, all while staying on top of rules and tight budgets. The money side of that work is not simple, and it affects every owner in a very real …
Turn Last Year’s Numbers Into This Year’s Roadmap Pre-budget season can sneak up fast on board members and managers. One minute you are dealing with daily maintenance, and the next you are staring at a blank spreadsheet trying to guess next year’s numbers. The good news is you do not need to guess. Your HOA …
