Condo Media - September 2010 - 10

N e w s C A I

Association Finances
Collecting, Managing and Protecting Funds
SATURDAY, SEPT. 11, 2010 Holiday Inn, Mansfield, Mass. Approved for 3 points of continuing education CAI members $35.00 Non-members $55.00 ne of the most important responsibilities of association boards is managing the association’s finances. As fiduciaries of the association, board members must protect assets, budget responsibly and invest wisely. Kenneth Bloom, CPA, will present best practices for board members and managers in implementing internal controls and identify ways to reduce the possibility of theft. Programs have discussed reserves from an operational perspective, but this program will take a different view — from an accounting perspective — and present funding considerations, investment options, cash flow, reserves vs. loans, and operating vs. reserve expenses. The banking relationship and discussion of changes in FDIC insurance will help associations determine the right deposit accounts for their funds. Best described as a Collection Boot Camp, in the second half of the program, speaker Janet Aronson, Esq. will address state statues including the Massachusetts and Rhode Island Priority Lien laws, which are facilitating association efforts to collect assessments. Understand what’s covered under the statue and what’s not, and what role the association plays in the process to secure a lien. With bank foreclosures reaching unprecedented levels, find out what remedies the association has in collecting association assessments due, maintaining the foreclosed unit and payment of foreclosure fees. CM

Kenneth A. Bloom, CPA Bloom Cohen Hayes LLC

Janet Aronson, Esq. Marcus, Errico, Emmer & Brooks P.C.

Tips, Tricks, Tools & Techniques
Meeting Association Demands in a Tough Economy
WEDNESDAY, SEPT. 22, 2010 Hampton Inn, Natick, Mass. 9:00 a.m. – Noon Approved for 3 points of continuing education Registration Fee: $55 CAI members $75 Nonmembers s a professional community association manager, you are challenged on a daily basis with managing an overwhelming schedule of meetings, projects and tasks. Twenty voicemail messages and 100 e-mails need responses; landscape contractors need to be called; two RFPs must be issued; materials for next week’s board meetings have to be prepared and sent; and you are attending a board meeting tonight with a challenging group. How do you keep your professional demeanor and sanity in this exacting environment? This workshop for association managers will provide you with proven strategies to manage communication overload, to handle board member and homeowner complaints, and to develop effective day-to-day operating systems to get the job done easier.

Requests, Concerns & Complaints by the Hundreds
Every day, managers are barraged with questions from contractors, vendors, board members and owners. In this part of the workshop, systems to effectively organize and manage these requests and more will be revealed.

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Setting and Achieving Realistic Expectations
When expectations are not communicated accurately or are misunderstood by the parties, no one wins. In a tough economy, managers, vendors, contractors, board members and homeowners must all have the same understanding about what they do, when they will do it and how it will be done. CM

Demands & Pitfalls of Communication Overload
Don’t let the overwhelming number of meetings you attend, and messages and requests you receive on a daily basis manage you. Colleagues will offer tips to help put you back in control.

CONDO MEDIA • SEPTEMBER 2010

Condo Media - September 2010

Table of Contents for the Digital Edition of Condo Media - September 2010