- CAI – Illinois Chapter Office
- January 23 , 2018
- 6:00 PM - 9:00 PM
This course is an advanced DCAL (Dedicated Community Association Leader) course to be taken only after completing the Understanding Financials DCAL course.
This course will give you an in-depth understanding of the key components of a community association’s financial administration. From monthly accounting to investing your reserve funds, this course teaches the practical application of financial related practices. Included in this course is a workshop that will assist homeowners and board members with interpreting financial documents and how to use them appropriately.
The 5 modules of this course will identify definitions, responsibility, purpose, and best practices in:
- Monthly & Annual Accounting
- Financial Audits
- Creating & Balancing a Budget
- Reserve Studies
- Association Banking