CICSC
FOAM · Volume 4 of 4

Association Financial Strategy

Telling the Money What to Do

For the board, manager, or accountant who builds the budget and chooses where the money goes.

Available now

The companion to Association Financials: where the first book teaches you to read the money, this one teaches you to direct it. It covers cost behavior, the assessment decision, and building a budget that decides rather than just balances, then moves into reserves, capital planning, special assessments, and communicating a long-range financial plan a board can stand behind.

Inside the Book

Part I — The Strategic Lens

  1. 1.The Weather: Political and Economic Forces on Association Finance
  2. 2.The Association's Cost Structure
  3. 3.The Theories That Explain Your Association
  4. 4.How to Read a Vendor's Claim

Part II — The Budget as a Management System

  1. 5.The Budget as a Management System: Deciding and Diagnosing

Part III — Stewardship of the Asset

  1. 6.The Cost of Deferred Maintenance
  2. 7.Reserve Studies as Managerial Tools
  3. 8.Capital Budgeting and the Least-Cost Decision
  4. 9.The Return on Association Spending

Part IV — Buying Well

  1. 10.The Purpose and Design of Association Contracting
  2. 11.Silent Costs

Part V — Governing the Future

  1. 12.Recovering from Bad Financial Strategy
  2. 13.Taking Over from the Developer
  3. 14.Rules, Committees, and the Long-Range Plan

Part VI — The Standing Strategy

  1. 15.The Standing Strategy: One Plan for the Life of a Community

Get your copy

$28.99Softcover Workbook

Justifiable Association Expense

$5 shipping · calculated at checkout.

Prefer to read it today? The ebook edition — $24.99, perpetual read-online access plus 12 months of CICSC premium resources — is available exclusively through Quorum Governance Studio.

← See the full FOAM series

Disclaimer: CICSC provides educational resources, governance standards, and practical advisory support. CICSC does not provide legal advice, accounting advice, tax advice, engineering advice, insurance advice, or reserve study services. Board members and associations should consult qualified professionals for matters requiring professional judgment or legal interpretation.