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	<title>APM News Express &#187; Financial Statement</title>
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	<description>Community Association Property Management, Palm Beach Co., Florida</description>
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		<title>Understanding a Community Association’s Financial Statement</title>
		<link>http://www.apmnews.org/understanding-a-community-association%e2%80%99s-financial-statement/</link>
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		<pubDate>Thu, 04 Feb 2010 18:29:18 +0000</pubDate>
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				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Board of Directors]]></category>
		<category><![CDATA[Accrual]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Cash]]></category>
		<category><![CDATA[Expenses]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Statement]]></category>

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		<description><![CDATA[Today, Association Officers and managers have found themselves in the position of being responsible for hundreds of thousands of dollars in revenue and expenses.  In order to keep track of an Association’s finances it is extremely important to understand how and why a financial report is compiled.  In most instances, these individuals are very responsible but they do not possess an accounting or bookkeeping background and find it difficult to understand financial statements.]]></description>
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