With FirstService Residential in Nevada’s two-decade track record of providing quality fiscal services to homeowners' associations throughout the state, you have our assurance that your association’s continued financial stability always remains our primary concern. Our commitment to service excellence means we manage your budget and financial matters with the same professionalism and attention to detail that have made us Nevada’s community management leader.
Our teams of CPA-supervised accounting and finance professionals provide full-service financial programs and services designed to help your homeowners' association anticipate market changes, eliminate cash flow surprises, plan for large capital improvements or renovations and more. For further assurance, team members utilize a proven checks and balances system that ensures the accuracy of every transaction.
Highlights of our financial program include:
As part of FirstService Corporation, a publicly held company (NASDAQ: FSRV; TSX: FSV), we are held to the highest standards of transparency, security and accountability, and comply with Sarbanes-Oxley requirements. We are audited regularly and have robust internal controls with mandated segregation of duties. Associates with access to the association's bank reconciliation are in a different department and have different access rights from the associates who are responsible for transaction processing of journal entries.
To keep your Board updated and on budget, we report all fiscal activities accurately and on time. Our teams produce a comprehensive monthly financial status report, balance sheet and income and expense statements. In addition, they manage accounts payable and receivable, and expertly handle all other financial issues as required.
To help ensure that maintenance fees are both fairly assessed and adequate to cover needed community improvements, repairs and beautification, our financial team prepares draft budgets for Board review, including anticipated increases, actual expenses incurred over the past year and historical expense data.
You can always expect to receive accurately prepared documents in time for your annual third-party CPA audits and tax preparation. And when your homeowners' association hires outside CPAs and attorneys, we provide them with access to our FirstService Residential Connect software platform so they can review needed files and documents – an effective way to reduce preparation costs for your association.
Our financial and accounting services include:
Learn more about how FirstService Residential in Nevada’s value-added financial and accounting services can benefit your homeowners association.
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