HOA financial services

At Gaughan Companies, we protect, maintain, and enhance the financial success and longevity of your Association by providing timely, accurate financial data while assisting the board of directors in fulfilling their fiduciary obligations and responsibilities. Our accounting professionals handle all financial matters with precision and proficiency. The financial success of your community is our top priority.

Services Options

Services Options

Gaughan Companies HOA financial services include:

  • Qualified and experienced accountants
  • Assessment collection
  • Accounts payable
  • Accounts receivable
  • Financial reporting with variance analysis
  • Reserve tracking
  • Proposed annual budget
  • Per board direction, execution, renewal, or transfer of CD investments
  • Finance-related board training
  • Internal security process controls
  • Coordination with CPA of year-end financial tax audit
  • ACH (direct withdrawal)
Monthly Financial Statements

Monthly Financial Statements

Each board member will receive a complete financial packet of your association’s accounting activities. The monthly financial packet includes:

  • Cover sheet
  • Balance sheet
  • Budget comparison
  • Bank statement
  • Bank reconciliation
  • Check register
  • General ledger for the month
  • Reserve expenditures schedule
  • Age receivable listing
  • Copies of collection advisory

" Working with Gaughan Companies, and Lucas in particular, was an awesome experience! I've never purchased property before, personal or commercial, and it couldn't have gone smoother. Lucas explained to me everything that I need to do, and he made… "

– Peter Follese- CLCS, Insurance Advisors - Follese Agency

THE GAUGHAN BLOG

18 2018

Investing in our employees is an important part of our company. In order to provide professional-grade service, we take the time to help our employees grow and learn in their fields. Last week, two of our assistant project managers went to the first half … [+ MORE ]

12 2018

Do you have a water leak in your home? Is water dripping from your light fixtures or smoke detectors? If it is, one reason for this can be condensation. As warm, moist air from inside the home rises up and comes in contact with a cold surface (like the un… [+ MORE ]

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