What type of accounting does Corsair recommend for the preparation of monthly financials?
Corsair recommends a modified accrual; however, Mission Association Financial, Inc. has the ability to provide alternative methods of financial preparation such as cash or accrual basis. You will be provided with a comprehensive accounting on a monthly basis of your association’s financial status. Should your association be involved in litigation or have outstanding loans, Mission’s accounting software provides an accurate and easy to read reporting of such transactions.
