budgeting basics, financial controls and legislative ... and a pcam designation. the pcam...
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BudgetingBasics,FinancialControlsandLegislativeRequirementsSaturday,September10,2016
Registration&Breakfast:8:30a.m.Program:9a.m.-Noon
SheratonHotel–100-112thAveNE,Bellevue,WA98004Budgetingisoneoftheprimaryresponsibilitiesofboardsofdirectorsandmanagementcompanies.Withoutaproper budget, financial statements are less meaningful. Without proper financial controls, the board,manager,andownershipcanbeatrisk.Wewilldiscusslegalrequirements,preparationofthebudget,andtenpitfallstoavoid.
Youwillalsolearnabout:• Accountingmethods,budgetingmodelsandrequirements.• Budgetcomponents,stepstodevelopinganaccurateoperatingbudget.• Howtoincorporatethereservestudyintothebudgetingprocess.• Lookingatcashflowandretainedearningstomeasurethefinancialhealthoftheassociation.• Approvalprocessanddisclosurerequirements.• Stepsformeaningfulfinancialcontrols,andthebasicsofauditsandtheauditingprocess.
Thisbudgetclassisinits14thyear,andisoneofCAI’smostpopularclasses.Bereadyforaninteractivesession,withplentyofopportunitytoaskquestionsanddiscussbudgetingandfinancialissuesfacingyourcommunity.Presentedby:CatherineKuhn,CPA,managestheBellevueofficeofCagianut&Company,CPA,whichisdevotedexclusivelytoservingthefinancialneedsofover750CommunityAssociationsinWashington.C&Chasover25yearsofexperienceinservingCommunityAssociationsandcurrentlyhas18employees.PriortojoiningCagianut&Companyin2006,CathywasapartnerinalargeBellevueCPAfirmandservedclientsinvariousindustriestherefor20years.CathyteachesclassesandwritesarticlesforWSCAI.Inadditiontobeing“Mom”to2activeteenagers,sheservesasTreasureroftheNewportHighSchoolGirlsBasketballBoosterClub,andafinancialvolunteerforBellevueYoungLife.
Kevin Ducotey, PCAM, CondominiumManagement, AAMC. Kevin is the Director of Condominium Management, an AccreditedAssociationManagementCompanyservingCommunityAssociationsinthePugetSoundarea.KevinmaintainsaBachelor’s inBA–FinanceandaPCAMdesignation.ThePCAMdesignation isthehighestprofessionalrecognitionavailablenationwidetomanagerswhospecializeincommunityassociationmanagement.
Sponsoredby:HUBInternationalNW,ServProofSeattleNW&TheCopelandGroup,LLC,AAMC_________________________________________________________________________________________
BUDGETINGINBELLEVUE–9.10.16WSCAIMembers-$35by8.26;$45thru9.2;$55after9.2Non-Members-$75by8.26;$85thru9.2;$95after9.2
Name:__________________________________________________Name:__________________________________________________________
Association/Firm:_________________________________________________________________________________________________________
Address: ___________________________________City/State/Zip: ____________________________________________________Phone _____________________________________Email:___________________________________________________________ Enclosedisacheckfor$________________orchargetheamounttomy qVisa qMasterCardqAmExCard#:______________________________________Exp.Date:___________Signature:_______________________________________________
CreditCardbillingaddressifdifferentthanabove:________________________________________________________________MailRegistrationForm&PaymentTo:WSCAI–1910136thAveW,Ste205Lynnwood,WA98036CreditCardPaymentTo:Fax:(206)770-6123.ForMoreInformation:(425)778-6378orinfo@wscai.orgTelephonereservationswillbeconsideredconfirmedregistrationsandwillbebilledintheeventofanoshow.CancellationsreceivedafterSeptember2ndwillnotberefunded,substitutionsarewelcome. q DoNOTprovidemycontactinformationtothesponsorsofthisevent. qCheckhereifyouwouldlikeacertificateofattendanceforthisseminar.