CAMS Blog

Discover the Key to Empowering Board Members with Financial Knowledge

Written by Admin | Jun 29, 2023 12:50:16 PM


Join CAMS Tammy Jacomin, CMCA, AMS, an experienced on-site community manager, as she shares her insights in a recent feature for CAI's Common Ground magazine. In this enlightening article, Jacomin highlights the crucial role of educational opportunities for board members.

Among the top challenges faced by board members is deciphering and utilizing the association's financial reports. Recognizing this key hurdle, Jacomin took the initiative to conduct comprehensive learning sessions with her own board. From budgets and reserves to accounts receivable and financial reporting, no stone was left unturned.

Through her innovative approach to education, Jacomin successfully guided her board members through the intricacies of association finances, leaving them with a new-found clarity about their community's financial well-being.

It's not just Jacomin who recognizes the importance of board member education - CAMS is here to support you too. We offer regular board member training sessions throughout the year to empower you with the knowledge you need. Additionally, our team provides internal opportunities for learning, such as an upcoming all-day budget course for the CAMS team. This course guarantees a comprehensive understanding of budgeting best practices for all.

Embrace the power of education and equip your board members with the skills they need for success. CAMS is here to guide you every step of the way.

Read Jacomin's full article here.

Discover why CAMS has been the trusted choice for community association management since 1991 in North and South Carolina. As the premier company in the region, CAMS offers innovative solutions through our experienced local managers across nine regions. Join us today and experience award-winning service from a company recognized on Inc. Magazine's prestigious Inc. 5000 list of the fastest-growing private companies in America.

Contact us now to elevate your community's management to new heights.