WUCIOA Accounting, Audits & Budgets (11/2025)
Educational Webinars
•
1h 22m
This essential webinar provides a legal perspective on the accounting, budget, and audit requirements imposed on Washington community associations by the Washington Uniform Common Interest Ownership Act (WUCIOA) and Senate Bill 5129 (SB 5129).
We will not be explaining the accounting process itself.
Instead, we will focus on the statutory obligations—the what and when—that associations must comply with to meet legal standards for financial transparency and record-keeping. Learn the specific requirements your association must fulfill regarding:
Budgets: Legal mandates for preparation, contents, approval, and distribution.
Audits & Reviews: When financial statements must be reviewed or audited, and by whom.
Accounting: The required financial records, their retention, and member access rights.
This presentation is crucial for board members and managers who need to ensure their association's financial practices are in full compliance with Washington state law.
Up Next in Educational Webinars
-
Insurance Webinar 2025
Insurance Myths: Truth Or Consequences Managers Webinar July 2025
Presented by Dianna Kaspar, CIC, CIRMS and Rose Sapoznick, ClC, CIRMS
Join us to dispel myths around common insurance misconceptions heard from board members and homeowners.Who’s responsible for the damage when the refrigerator ...
-
Audits 2.0 – January 2025
Presented by Lori Maust, CPA
"Audits 2.0" is a course tailored for community association managers who want to refine their practices and strengthen their collaboration with external auditors. Participants will learn the essential principles, best practices, and strategies to ensure financial tran... -
Understanding Financial Reports & Aud...
Presented by Jeremy Newman CPA on February 13, 2025
Board members often struggle to understand balance sheets, income and expense statements or general ledgers, let alone the key points in an annual audit. Join this webinar to learn how to analyze these documents and extract key financial informa...