Associa British Columbia, Inc. Hosts Strata Finance Seminar


VANCOUVER, B.C., Oct. 08, 2018 (GLOBE NEWSWIRE) -- Associa British Columbia hosted its recent finance seminar to help educate council members and owners on the fiscal responsibilities and financial statements of Stratas.

The seminar hosted Andrew Gee, Associa British Columbia vice president of finance, to present on important industry matters and answer audience questions. The presentation covered many topics including:

  • How to read financial statements
  • An overview of the purpose of each report
  • The difference between cash flow and operating surplus
  • Contingency Reserve Fund and investment options

“Associa British Columbia is dedicated to the continued education of our clients and council members,” stated Berit Hansen, Associa British Columbia president. “We recognize that reading and understanding Strata financials can be challenging, but they are crucial for council members to understand. This finance educational seminar provided all of the necessary information to help operate your community’s finances and be successful.”

With more than 180 branch offices across North America, Associa delivers unsurpassed management and lifestyle services to nearly five million residents worldwide. Our 10,000+ team members lead the industry with unrivaled education, expertise and trailblazing innovation. For more than 40 years, Associa has provided solutions designed to help communities achieve their vision. To learn more, visit www.associaonline.com.

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