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:__________________________________________________________

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