Hawaii First Community Association Management

Hawaii First provides your association with accurate monthly financial statements under the accrual basis of accounting, based on “Generally Accepted Accounting Principles” (GAAP). Accrual accounting is the highest standard of accounting. To be competent in accrual accounting, our accountants have a minimum of a four-year college degree in accounting. It would be less expensive for Hawaii First to provide cash basis accounting, but cash basis accounting is called “less than generally accepted accounting principles” for a reason. Our monthly financial report package is timely, accurate, allows directors to plan accordingly for their association, and meets the highest accounting standards. We feel our clients deserve only the best, and accrual accounting is just one of the many ways we strive to provide them with the highest business practice standards.

View a sample financial statement »