Understanding the basis of accounting used to prepare financial reports is a vital first step to comprehending your association’s financial position and results from operations.
FirstService Residential
FirstService Residential is North America’s property management leader, partnering with more than 8,500 communities across the U.S. and Canada. HOAs, community associations, condos and strata corporations rely on our extensive experience, resources and local expertise to maximize their property values and enhance their residents’ lifestyles. Dedicated to making a difference, every day, we go above and beyond to deliver exceptional service. FirstService Residential is a subsidiary of FirstService Corporation (FSV), a North American leader in the property services sector. Find out how we can help your community thrive. Visit www.fsresidential.com.
As you begin to work on next year’s budget, it’s important to look for ways to save your association money to offset those unplanned expenses and potential revenue shortfalls.
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