The accounting for and reporting of transactions for a homeowners’ association, as well as other common interest realty associations, is quite extensive. In the Accounting for Homeowners’ Associations manual, we cover all aspects of the accounting for many types of common interest realty associations, with an emphasis on homeowners’ associations. The manual addresses the accounting for all types of assets, liabilities, revenues, and expenses, as well as financial statements, disclosures, and controls.
