Join CAI's Central Pennsylvania Regional Council for a series of educational programs on the following topics:
Opening Session: Association Financial Statements
Presented by Rebecca Hertzler, CMCA, AMS, PCAM, Associa MidAtlantic
This session will help you know what to zero in on when reading an association financial statement, including important numbers, what they mean, and what responses could be taken after gaining a greater understanding of the financial picture.
- Understanding an association's fund balance position.
- Evaluating reserve funding.
- Reviewing receivables and collections.
Session 2: Reserve Studies: Planning for Capital Projects
Presented by Mitch Frumkin, PE, RS, CGP, President, Kipcon, Inc.
This class is designed to educate you on Reserve Studies. You will learn what it means to be adequately funded for your future capital replacement needs. It will explain the various parts of a Reserve Study, including the financial analysis and condition assessment of common components, and funding plans. You will also be introduced to the national reserve study standards as defined by Community Association Institute. Finally, you will learn how to establish a plan that meets your association’s needs in a practical yet comprehensive way.
- Learn how establish a plan that meets your association’s needs in a practical yet comprehensive way.
- Learn how to adequately fund for future capital projects.
- Understand why a reserve study is an important resource for your community.
Transitions: The Good, The Bad & The Ugly
Presented by Matt Grobert, The Falcon Group
With transitions on the rise many managers are facing boards giving push back at the thought of hiring a professional. These presentation is meant to educate and enlighten boards on the risks of not hiring a professional. To show them that this is the time to set the association up right. That they can run the risk of major failures and expenses down the road if they do not nip issues in the bud and what happens when they skimp of this process and statute of limitations runs out. This would be great to combine with an attorney. An onsite visit would be something that would really show what is involved.
1. Why a professional in the industry is necessary.
2. What the process entails and the level of detail.
3. What is involved in litigation if it does come to that.
When: Tuesday, February 11, 2020
Where: Hershey Country Club, 1000 East Derry Road Hershey, PA 17033
This course is approved by the Community Association Managers International Certification Board (CAMICB) to fulfill continuing education requirements for the CMCA® certification. This course will earn managers (2) continuing education credit hour, which also help satisfy the requirements to apply for the PCAM designation.
Thank you to our generous sponsors