- Identify protected investment and banking options for association funds.
- Define the requirements for financial reporting according to Florida State Statutes.
- Discuss policy and procedures to address delinquent payment of special assessments.
- Identify the Florida statutes that regulate association finances.
- Discuss strategies to avoid fraud and theft and ensure the security of association funds.
- Explain the consequences when board members have breached their fiduciary duty according to the Florida statutes and director standards.