Category:
Financials
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The Finance Committee
Author:
Toronto Condo News
Publication date:
November 25, 2020
Article Summary:
The article "The Finance Committee" discusses the importance of a finance committee in a condominium corporation. The finance committee is responsible for managing the budget and finances of the corporation. The article provides tips on how to create an effective finance committee, such as selecting the right members, establishing clear goals and objectives, and creating a budget plan. The article also emphasizes the need for transparency and communication between the finance committee and the board of directors, as well as with the owners. Overall, the article highlights the significance of a finance committee in ensuring the financial stability of a condominium corporation.
Keywords:
finance committee, condominium corporation, budget, members, goals, objectives, transparency, communication, financial stability.
Source Citation:
Toronto Condo News
The Finance Committee
November 25, 2020
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