Accounting
A couple started a business and, in the process, hired a secretary | bookkeeper. As the business grew he essentially handled the business side of things while the couple focused their time on growing the business. Later a degreed officer was hired to handle financial matters. She discovered that the employee, who the owners had [...]
At the November meeting of the Board of Directors, the Finance Committee Chairman Dale Morsette announced the establishment of a Subcommittee to develop a POASC Financial and Accounting Policies and Procedures Manual. The Subcommittee will be chaired by Assistant Treasurer Dick Junkins. The Subcommittee will study existing policies and procedures and incorporate them into a [...]
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The POASC Board of Directors approved the purchase and installation of a three-foot high fence for the north side of the Cove Clubhouse by a vote of six to two. Questions by a member of the audience created discussion about the Bylaw that requires a 2/3 vote for an expense charged to the Asset Repair [...]
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