Stay updated with expert accounting insights, tax strategies, bookkeeping tips, and financial resources for businesses and homeowners associations.
July 1, 2026
What a Georgia HOA or condo association audit covers, what auditors look for, and how Atlanta boards can prepare records before fieldwork begins.
June 25, 2026
Georgia SB 406 creates new registration, financial statement, payment posting, foreclosure threshold, and record retention requirements for HOA and condo associations.
June 11, 2026
To separate operating and reserve funds in a Georgia HOA, maintain separate bank accounts for each fund type and track them in distinct general ledger accounts
June 08, 2026
Financial reports that arrive late, contain unexplained reconciliation discrepancies, lack budget variance analysis, fail to separate reserve and operating funds
May 25, 2026
Homeowner associations in Georgia are typically not tax-exempt. Organizing as a nonprofit corporation under Georgia law doesn't eliminate federal tax filing obligations.
May 15, 2026
An HOA board financial review should cover five areas every month: bank reconciliations, budget variance, delinquency aging, reserve fund activity, and vendor payments.
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