01-28-2015, 01:36 PM
quote:
Originally posted by Katarina
Though I am not a legal expert, I am by far a novice and what Watchdog states is the truth. His comments here are very valid. He must be in the legal field. And I thank him for his excellent information.
We were told by Janice that there were missing funds and a forensic audit was needed yet the audit proves this false. And there has been no mention of a forensic audit as of late. That would have cost all of us thousands and thousands of dollars.
The lawsuit is going to cost us all thousands and thousands of dollars. This is unforgivable. The board members that got us in this position have a whole lot to answer for but I am not holding my breath. They can only continue to keep information from us and lie.
We(HPPOA) have legitimate grounds to sue these board members for repayment of the legal fees they have cost us yet we can not access our funds for this but the board is free to do so. Every time the treasurer does any financial work and book keeping for the association, she is in serious violation but this has not stopped her so we can only assume by what she has said and what she continues to do, she is on board with Jo, B.J., Roseann and Francis. There is no other way to look at this situation. 1 board member can't break the by-laws, professional codes of conduct etc. and be given a pass. The illogical thought process here is really way out there.
I value several people who post here. Their ideas, thoughts and information are fruitful. Others I am going to just not even read. 1 commenter continues to name call, label, and make inaccurate comments. 5 posts ago this particular persons comments were made in anger and inaccurate. I sure wish she would practice what she preaches to us. If we stick to facts and legitimate questions and solutions this thread will be very valuable.
Janet, thanks for the clarifications and SWR, you have some really valuable experience.
Is our treasurer credible?
The first thing she should have done was order an audit before touching the accounting, but she did not. They were is such a rush to judgment to see all the bad things they heard were going on that they couldn't wait and report to the members. Remember, these new directors had not seen ANY information in the office or on Quick Books until after they fired the staff.
All their information was hearsay.
Second, she would have informed the other directors that it against standard accounting practices and the bylaws for her to do the accounting and then approve it, after all she is a accounting professional, but she did not.
She would have required the board to hire a bookkeeper to process the A/P, A/R and payroll, but she did not.
But, the fix was in for Susan Escobar to take over Cathy's Job. (ha, ha)
The board could have hired a temp bookkeeper, or contractor (like the old bookkeeper) until they could hire a permanent replacement for Cathy and keep the check and balance in the accounting for the Association.
Now they are going to make Susan Escobar the Administrator, she's not even a good clerk. The administrator will supervise and manage the association. That's the GM's job.
You be the judge.