Tag Archives: CPA

THE POWER OF A DETAILED CHART OF ACCOUNTS

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By Erik Luoma, CPA

It is important to properly set up a chart of accounts. A great resource for any association looking to beef up their chart of accounts is the ASAE Standard Chart of Accounts for Associations (www.asae.org). I highly recommend everyone download and read the entire document as it is only a few pages long and will discuss many of these concepts in much greater detail. Continue reading THE POWER OF A DETAILED CHART OF ACCOUNTS

HOW TO REVIEW YOUR ASSOCIATION’S 990

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By: Erik Luoma, CPA

As an Association Executive or Board Member, the task of reviewing your CPA prepared Form 990 can be a stressful one. However, with a general plan of attack and the right tools, you can check this item off your list with confidence every year. Continue reading HOW TO REVIEW YOUR ASSOCIATION’S 990