Financial Services

IAMI believes it is important for your organization to be run like a business. It should strive to make annual positive revenue growth, allowing for reinvestment in new programs and member benefits. Providing relevant comparison financial statements that are customized to your needs, we work with you to develop realistic annual budgets and monitor actual performance to these budgets. Services include:

Identify, retain, and/or manage accounting services.

Develop and establish policies and procedures to ensure strong internal financial controls.

Preparation of annual budget.

Maintenance of financial records.

Invoice and collection member dues.

Preparation of bank deposits.

Reconciliation of statements and notification of any discrepancies.

Receive, verify, and prepare checks for payment of bills in accordance with association policies and procedures.

Preparation of financial statements.

Coordination of annual tax returns.

Coordination of independent audits.

Provide monthly reports regarding financial status and membership data. top