Universe of Information
Stored in this Portal
Portal Library of
Cheat Sheets Topics
- Personal and professional goals achievement
- Improved personal leadership, including work / life balance
- Increased accountability and focus
- Improved self-awareness and perspective
- Growth in leadership competency and capacity
- Better systems for priority management
Balance Sheet Cheat Sheet
The balance sheet – also called the Statement of Financial Position – serves as a snapshot, providing the most comprehensive picture of an organization’s financial situation
FINANCE COMMITTEE FUNDAMENTALS
Does your organization have one finance committee that carries out all of the duties associated with financial oversight? Or do you have separate finance, audit, and investment committees? BoardSource recommends that organizations that conduct an independent audit have a separate audit committee or task force for added accountability. Separate investment committees are needed when an organization accumulates sizable reserves, manages an important planned giving program, or has an endowment that requires special attention. A board that is able to separate its various financial tasks among individual committees or task forces often is in a better position to focus on key duties for each.
RED FLAGS, YELLOW FLAGS
Smoke detectors chirp. Automobile dashboards use an array of lights and colors.Computers flash messages in machine language. What do all of these things have in common? They are all methods of telling us when something we are using is about to stop working or go bad.
FY19 Budget Chart for Selected
HUD and USDA Programs
ADOPTING SPECIAL ASSESSMENTS: - Legal and Procedural Considerations
or various financial reasons, many Illinois community associations choose to fund large-scale repair projects or other major common expenses at least in part through special assessments. If an association adheres to the applicable legal requirements for special assessments and follows through on the procedural details for adopting a special assessment, the association should be well positioned to smoothly implement the special assessment and to minimize disputes relating to payment of the special assessment.