--- title: New Hignell HOA Blog | HOA Accounting description: HOA Accounting | New Hignell HOA Blog --- [Skip to content](https://blog.hignellhoa.com/tag/hoa-accounting#main-content) [OWNER PORTAL](https://www.hignellhoa.com/owner-portal)|[CALL (530) 419‑6032](tel:5304196032)[![GET A FREE HOA ANALYSIS](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/47820439/5c25c044-6299-494a-9ee9-03dd5dfc13a5.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/47820439/5c25c044-6299-494a-9ee9-03dd5dfc13a5)[![PURCHASE CONSULTING HOURS](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/47820439/3958a588-baae-4ff9-bd9d-021be597a7be.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/47820439/3958a588-baae-4ff9-bd9d-021be597a7be) Close ** Click to close # HOA Management Blog Search ** Category All HOA Management HOA Board Member of HOA Living in an HOA HOA Rules and Regulations HOA Responsibilities HOA Maintenance Resident Tips HOA Board Meetings Safety HOA Accounting HOA Fees Reserve Funds HOA Law HOA Documents and Contracts Hire an HOA Management Company HOA Consulting HOA Property Values News Insurance Coverage [![How to Have Your HOA Investigated for Fraud: Key Steps-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/magnifying-glass-searching-for-fraud-shutterstock_396852841.jpg?length=400&name=magnifying-glass-searching-for-fraud-shutterstock_396852841.jpg) ](https://blog.hignellhoa.com/steps-to-take-if-you-suspect-fraudulent-activity-within-the-hoa-board) 5 Min Read [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting), [ HOA Law HOA Law ](https://blog.hignellhoa.com/tag/hoa-law) ## [How to Have Your HOA Investigated for Fraud: Key StepsHow to Have Your HOA Investigated for Fraud: Key Steps ](https://blog.hignellhoa.com/steps-to-take-if-you-suspect-fraudulent-activity-within-the-hoa-board) Well-meaning volunteers often manage Homeowners Associations (HOAs), but when money is involved, even the best... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/steps-to-take-if-you-suspect-fraudulent-activity-within-the-hoa-board) [![Financial Management Tips for HOA Boards: Ensuring Long-Term Success-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/financial_management_concept_AdobeStock_852955539_OPT.jpeg?length=400&name=financial_management_concept_AdobeStock_852955539_OPT.jpeg) ](https://blog.hignellhoa.com/financial-management-tips-for-hoa-boards) 5 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [Financial Management Tips for HOA Boards: Ensuring Long-Term SuccessFinancial Management Tips for HOA Boards: Ensuring Long-Term Success ](https://blog.hignellhoa.com/financial-management-tips-for-hoa-boards) Managing a Homeowners Association is no small task. As an HOA board member, you're responsible for maintaining your... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/financial-management-tips-for-hoa-boards) [![Important Tax Deadlines for California HOAs-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/tax_time_written_on_calendar_ThinkstockPhotos-452070699-OPT.jpg?length=400&name=tax_time_written_on_calendar_ThinkstockPhotos-452070699-OPT.jpg) ](https://blog.hignellhoa.com/important-tax-deadlines-for-california-hoas) 3 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [Important Tax Deadlines for California HOAsImportant Tax Deadlines for California HOAs ](https://blog.hignellhoa.com/important-tax-deadlines-for-california-hoas) While understanding tax deadlines and requirements is crucial for any HOA board, navigating through these can be... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/important-tax-deadlines-for-california-hoas) [![The Key to Unlocking Financial Resilience in Your HOA-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/key-in-palm-of-hand-shutterstock_61867987.jpg?length=400&name=key-in-palm-of-hand-shutterstock_61867987.jpg) ](https://blog.hignellhoa.com/the-key-to-unlocking-financial-resilience-in-your-hoa) 3 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting), [ HOA Consulting HOA Consulting ](https://blog.hignellhoa.com/tag/hoa-consulting) ## [The Key to Unlocking Financial Resilience in Your HOAThe Key to Unlocking Financial Resilience in Your HOA ](https://blog.hignellhoa.com/the-key-to-unlocking-financial-resilience-in-your-hoa) Homeowner associations are at the heart of community well-being, orchestrating the collective rhythm of neighborhood... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/the-key-to-unlocking-financial-resilience-in-your-hoa) [![The Impact of Inadequate Reserve Funding by the HOA Board-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/businessman%20calculating%20reserve%20funding%20shutterstock_1676632651.jpg?length=400&name=businessman%20calculating%20reserve%20funding%20shutterstock_1676632651.jpg) ](https://blog.hignellhoa.com/the-impact-of-inadequate-reserve-funding-by-the-hoa-board) 3 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [The Impact of Inadequate Reserve Funding by the HOA BoardThe Impact of Inadequate Reserve Funding by the HOA Board ](https://blog.hignellhoa.com/the-impact-of-inadequate-reserve-funding-by-the-hoa-board) Homeowners associations are established to ensure the proper maintenance of common areas, amenities, and other... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/the-impact-of-inadequate-reserve-funding-by-the-hoa-board) [![How Often Do You Recommend Doing a Reserve Study?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/how%20often%20shutterstock_1958304982.jpg?length=400&name=how%20often%20shutterstock_1958304982.jpg) ](https://blog.hignellhoa.com/how-often-do-you-recommend-doing-a-reserve-study) 5 Min Read [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting), [ HOA Maintenance HOA Maintenance ](https://blog.hignellhoa.com/tag/hoa-maintenance) ## [How Often Do You Recommend Doing a Reserve Study?How Often Do You Recommend Doing a Reserve Study? ](https://blog.hignellhoa.com/how-often-do-you-recommend-doing-a-reserve-study) Reserve studies are a critical tool for HOAs to help ensure that they have adequate funds available to cover future... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/how-often-do-you-recommend-doing-a-reserve-study) [![Who Profits from HOA Dues?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/man%20holding%20closeup%20of%20HOA%20dues%20statement%20card%20shutterstock_2092000870.jpg?length=400&name=man%20holding%20closeup%20of%20HOA%20dues%20statement%20card%20shutterstock_2092000870.jpg) ](https://blog.hignellhoa.com/who-profits-from-hoa-dues) 3 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting), [ HOA Fees HOA Fees ](https://blog.hignellhoa.com/tag/hoa-fees) ## [Who Profits from HOA Dues?Who Profits from HOA Dues? ](https://blog.hignellhoa.com/who-profits-from-hoa-dues) In a homeowner's association, members pay their assessments, and those assessments are divided between operating and... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/who-profits-from-hoa-dues) [![7 Common Questions HOA Board Members Ask About Budgets-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/177330844-resized-600.jpg?length=400&name=177330844-resized-600.jpg) ](https://blog.hignellhoa.com/questions-hoa-board-members-ask-about-operating-reserve-budgets) 4 Min Read [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [7 Common Questions HOA Board Members Ask About Budgets7 Common Questions HOA Board Members Ask About Budgets ](https://blog.hignellhoa.com/questions-hoa-board-members-ask-about-operating-reserve-budgets) Many HOA board members get into trouble due to not understanding the operating fund and reserve fund in a homeowners... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/questions-hoa-board-members-ask-about-operating-reserve-budgets) [![6 Questions to Ask About How the HOA Board Manages Its Finances-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/HOA%20Board%20Finance%20Questions%20-534926391-1.jpg?length=400&name=HOA%20Board%20Finance%20Questions%20-534926391-1.jpg) ](https://blog.hignellhoa.com/6-questions-to-ask-about-how-the-hoa-board-manages-its-finances) 3 Min Read [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [6 Questions to Ask About How the HOA Board Manages Its Finances6 Questions to Ask About How the HOA Board Manages Its Finances ](https://blog.hignellhoa.com/6-questions-to-ask-about-how-the-hoa-board-manages-its-finances) The Board of Directors for your homeowners association has an immense financial obligation to the community. One of the... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/6-questions-to-ask-about-how-the-hoa-board-manages-its-finances) [![What to Do if Your Homeowners Association is Facing Foreclosures-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/foreclosure_sign-resized-600-1.jpg?length=400&name=foreclosure_sign-resized-600-1.jpg) ](https://blog.hignellhoa.com/what-to-do-if-your-homeowners-association-is-facing-foreclosures) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting), [ HOA Foreclosure HOA Foreclosure ](https://blog.hignellhoa.com/tag/hoa-foreclosure) ## [What to Do if Your Homeowners Association is Facing ForeclosuresWhat to Do if Your Homeowners Association is Facing Foreclosures ](https://blog.hignellhoa.com/what-to-do-if-your-homeowners-association-is-facing-foreclosures) As a Board member of a homeowners association you may be faced with making decisions to foreclose on homes in your... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/what-to-do-if-your-homeowners-association-is-facing-foreclosures) [![How an HOA Board Can Find Funds When Faced With an Unexpected Project-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/hoa_board_-_money_on_trees-resized-600-2.jpg?length=400&name=hoa_board_-_money_on_trees-resized-600-2.jpg) ](https://blog.hignellhoa.com/how-an-hoa-board-can-find-funds-when-faced-with-an-unexpected-project) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [How an HOA Board Can Find Funds When Faced With an Unexpected ProjectHow an HOA Board Can Find Funds When Faced With an Unexpected Project ](https://blog.hignellhoa.com/how-an-hoa-board-can-find-funds-when-faced-with-an-unexpected-project) It’s inevitable – someday you’re going to be faced with a project in your homeowners association that has to get done... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/how-an-hoa-board-can-find-funds-when-faced-with-an-unexpected-project) [![Can the Reserves Be Adjusted for Items Costing More Than Planned For?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/budget%20adjustment%20concept%20ThinkstockPhotos-466183863-1.jpg?length=400&name=budget%20adjustment%20concept%20ThinkstockPhotos-466183863-1.jpg) ](https://blog.hignellhoa.com/can-the-reserves-be-adjusted-for-items-costing-more-than-planned-for) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [Can the Reserves Be Adjusted for Items Costing More Than Planned For?Can the Reserves Be Adjusted for Items Costing More Than Planned For? ](https://blog.hignellhoa.com/can-the-reserves-be-adjusted-for-items-costing-more-than-planned-for) Picture yourself in this scenario: The clubhouse needs a new water heater and it will cost $10,000. But all prior... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/can-the-reserves-be-adjusted-for-items-costing-more-than-planned-for) [![3 Options if You Need to Make a Big Repair NOW in Your Association-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/big%20repair%20cost%20-%20ThinkstockPhotos-959666244-1.jpg?length=400&name=big%20repair%20cost%20-%20ThinkstockPhotos-959666244-1.jpg) ](https://blog.hignellhoa.com/3-options-if-you-need-to-make-a-big-repair-now-in-your-association) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [3 Options if You Need to Make a Big Repair NOW in Your Association3 Options if You Need to Make a Big Repair NOW in Your Association ](https://blog.hignellhoa.com/3-options-if-you-need-to-make-a-big-repair-now-in-your-association) As a general practice, what does an HOA board do if there’s a problem in the association that exists right now, but not... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/3-options-if-you-need-to-make-a-big-repair-now-in-your-association) [![How to Eliminate the Risks of Inadequate HOA Reserve Funds-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/HOA%20Reserve%20Funds-505029896-1.jpg?length=400&name=HOA%20Reserve%20Funds-505029896-1.jpg) ](https://blog.hignellhoa.com/how-to-eliminate-the-risks-of-inadequate-hoa-reserve-funds) 3 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [How to Eliminate the Risks of Inadequate HOA Reserve FundsHow to Eliminate the Risks of Inadequate HOA Reserve Funds ](https://blog.hignellhoa.com/how-to-eliminate-the-risks-of-inadequate-hoa-reserve-funds) The risks of not having enough HOA reserve funds for your community are as serious as the risks of not having enough... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/how-to-eliminate-the-risks-of-inadequate-hoa-reserve-funds) [![Does Your Homeowners Association Budget Include the Right Components?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/ThinkstockPhotos-466183869-budget_with_gears-1.jpg?length=400&name=ThinkstockPhotos-466183869-budget_with_gears-1.jpg) ](https://blog.hignellhoa.com/does-your-homeowners-association-budget-include-the-right-components) 1 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ HOA Responsibilities HOA Responsibilities ](https://blog.hignellhoa.com/tag/hoa-responsibilities), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [Does Your Homeowners Association Budget Include the Right Components?Does Your Homeowners Association Budget Include the Right Components? ](https://blog.hignellhoa.com/does-your-homeowners-association-budget-include-the-right-components) Many homeowners associations operate on the fiscal year (July through June). If your Association is one of them then... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/does-your-homeowners-association-budget-include-the-right-components) [![Can a Board Use Reserves for an Item Not Listed in the Reserve Study?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/spreadsheet%20with%20magnifying%20glass%20-%20ThinkstockPhotos-640947656-1.jpg?length=400&name=spreadsheet%20with%20magnifying%20glass%20-%20ThinkstockPhotos-640947656-1.jpg) ](https://blog.hignellhoa.com/can-a-board-use-reserves-for-an-item-not-listed-in-the-reserve-study) 1 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [Can a Board Use Reserves for an Item Not Listed in the Reserve Study?Can a Board Use Reserves for an Item Not Listed in the Reserve Study? ](https://blog.hignellhoa.com/can-a-board-use-reserves-for-an-item-not-listed-in-the-reserve-study) The purpose of the reserve fund is to plan for future repairs and replacements in the association. But what about... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/can-a-board-use-reserves-for-an-item-not-listed-in-the-reserve-study) [![How To Interpret Your HOA Reserve Study-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/Confused%20Man%20-HOA%20Reserve%20Study%2074854653-1.jpg?length=400&name=Confused%20Man%20-HOA%20Reserve%20Study%2074854653-1.jpg) ](https://blog.hignellhoa.com/how-to-interpret-your-hoa-reserve-study) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [How To Interpret Your HOA Reserve StudyHow To Interpret Your HOA Reserve Study ](https://blog.hignellhoa.com/how-to-interpret-your-hoa-reserve-study) More often than not, sitting down to review your HOA reserve study can be about as easy to understand and enjoyable as... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/how-to-interpret-your-hoa-reserve-study) [![3 Reasons It's Crucial to Regularly Collect for Reserves in Your HOA-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/past-now-future-ThinkstockPhotos-510387572-1.jpg?length=400&name=past-now-future-ThinkstockPhotos-510387572-1.jpg) ](https://blog.hignellhoa.com/3-reasons-its-crucial-to-regularly-collect-for-reserves-in-your-hoa) 2 Min Read [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ Member of HOA Member of HOA ](https://blog.hignellhoa.com/tag/member-of-hoa), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [3 Reasons It's Crucial to Regularly Collect for Reserves in Your HOA3 Reasons It's Crucial to Regularly Collect for Reserves in Your HOA ](https://blog.hignellhoa.com/3-reasons-its-crucial-to-regularly-collect-for-reserves-in-your-hoa) Reserve funds are not an extra expense. They are part of the ongoing expenses of the homeowners association which... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/3-reasons-its-crucial-to-regularly-collect-for-reserves-in-your-hoa) ## Subscribe Newsletter ** Please ensure Javascript is enabled for purposes of [website accessibility](https://userway.org)