A White Paper compares Cash-Basis Accounting with Accrual Accounting for Home Owner Association (HOA) management. A case is made for the power of Accrual Accounting for deterring embezzlement and the rich detail it provides through reports. Accrual Accounting provides both Balance Sheet and Profit & Loss Statements...in-other-words, full transparency....
File Size: 356 KB
Print Length: 7 pages
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Publication Date: December 29, 2016
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- Fulfill Your Function With Finesse: Cash or Accrual Accounting For Your HOA?!?! (Real Estate Accounting Book 1) epub
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