Smith Management Group Hosts “Fundamentals of Financial Management” Board Member Development Workshop

August 08, 2018

St. Louis, MO – August 8, 2018 – Smith Management Group (SMG), an Associa company, hosted the second session of the CAI board leadership development workshop titled “Fundamentals of Financial Management” at The Lodge in Des Peres, MO.

The event included more than 50 board members, vendors and SMG employees who heard presentations on industry topics including:

• Recognize five types of governing documents in the order of their authority
• Identify four main functions of community association boards
• Describe liability issues and protection for board members
• Recognize the roles and responsibilities of each officer
• Learn three types of committees and their roles
• Recognize roles and responsibilities of a professional manager
• Decide when to seek guidance from other professional partners

The CAI board leadership development workshop is usually held as one eight-hour class. For board member’s convenience, SMG hosts the workshop as four separate, two-hour quarterly sessions. The next session on August 30^th will provide information on community communications, meetings and volunteering, as well as hiring professional service providers.  

“The second session was a success and provided the attendees with extremely important industry information that will allow them to lead their communities with confidence,” stated Roger Kinney, SMG president. “Smith Management Group continues to be dedicated to educating and providing our board members and residents with the most up-to-date information available. There are two more sessions scheduled in August and October, we encourage all community leaders to attend.”

With more than 180 branch offices across North America, Associa delivers unsurpassed management and lifestyle services to nearly five million residents worldwide. Our 10,000+ team members lead the industry with unrivaled education, expertise and trailblazing innovation. For more than 40 years, Associa has provided solutions designed to help communities achieve their vision. To learn more, visit www.associaonline.com.

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