Accounting Built In-House
Robert Raak, CPA, is our Chief Financial Officer, and he oversees a dedicated accounting department with separate accounts receivable, accounts payable, general ledger, and banking specialist roles. Financials are GAAP compliant. Each association holds its own operating and reserve accounts, and funds are never commingled or held in a joint homeowner account.
That separation of duties is the part boards tend to appreciate later, when a question about a single invoice can be answered without anyone reconstructing anything. For budget preparation, reserve-forward budgeting, audit coordination, and financial consulting, see our HOA accounting and financial services page and our guide to HOA financial management best practices.