FINANCIAL MANAGEMENT ASSESSMENT

The overall objective of any Financial consulting engagement is to assist the association in enhancing the operational capabilities and structure of the Finance Department.  Projects may include:

  • On-site observations, oversight and performance of financial accounting operations;
  • Reviewing financial statements, accounting policies and procedures, organization chart, position descriptions and resumes of
  • Finance Department personnel;
  • Staff inquiry;
  • Identification of key issues;
  • Comparison to not-for-profit best practices; and
  • Analyzing data to develop conclusions and recommendations.

“Bostrom has provided solid operational support to move our board to a more strategic level and their ability to bring new ideas and modern association management practices has increased engagement from our members.”

Greg Carlson

President, National Association of Housing Cooperatives