Understanding Financials: Budgets, Reserves & Reports (DCAL) 2024 - In Person

  • Registration Closed

The Understanding Financials course will enable board members and homeowners to comprehend the financial responsibilities of the association including:

  • Basic Financial Reports
  • Methods of Accounting
  • Board Member Responsibilities for Financial Reports
  • Budgeting for the Association
  • Annual Independent Reports
  • Selecting the Accounting Professional 
  • Reserve Studies

This course is part of the DCAL (Dedicated Community Association Leader) recognition course series.  You may take this course as part of the recognition program, or as an individual course. 


Live In-Person Event
06/25/2024 at 5:30 PM (CDT)   |  180 minutes  |  Attendance Required
06/25/2024 at 5:30 PM (CDT)   |  180 minutes  |  Attendance Required This course is part of the DCAL (Dedicated Community Association Leader) recognition course series. You may take this course as part of the recognition program, or as an individual course. This course is designed to help board members gain perspective in ethical decision making by: Understanding the responsibilities of fiduciary duty and the standards as a board member Learning what you "need to know" regarding conflicts of interest, code of conduct and fair practices Developing an action plan on rules to follow and fostering relationships Obtaining knowledge in enforcement of infractions, disclosure and confidentiality
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Participation Certificate
No credits available  |  Certificate available
No credits available  |  Certificate available

Community Associations Institute - Illinois Chapter would like to thank the program sponsors for their generous support


Steve Silberman

PBG Financial Services, PLLC

Steven Silberman is a partner with the accounting and consulting firm of PBG Financial Services, PLLC.

Steve has provided accounting, tax and consulting services to Community Associations since 1978 and currently provides services to over 300 Associations. Steve has been a presenter for numerous CAI-Illinois, CAI-Wisconsin and ACTHA educational programs as well as authored many articles for newsletters and magazines including Common Interest for CAI-Illinois, Community Leader for CAI-Wisconsin and ACTHA news. Steve has also presented to many management companies over the years. Steve is an active member of CAI-Illinois and CAI-Wisconsin. Steve served six years as a Board Member of CAI-Illinois and Treasurer and Chair of the Finance Committee for five years. He has been chair or co-chair of the Finance Committee for thirteen years. Steve has also been a member of various CAI-Illinois education committees since 2007. He was one of the original members of the Community Development Committee in 2007. Steve is currently participating on CAI-Illinois Homeowner Leader Education Committee. In 2012, Steve received the Olympus Service Award for his profound influence in the development of the Illinois Chapter of CAI. Steve has a Bachelor of Science degree in accounting from the University of Illinois, Champaign – Urbana. He is a member of the Illinois CPA Society and the American Institute of Certified Public Accountants (AICPA).







Andrew McGowan

Reserve Advisors

Andrew McGowan graduated from Ohio State University with a Bachelor of Science in Mechanical Engineering. He is a Professional Engineer and Reserve Specialist with Reserve Advisors. He is responsible for providing condition assessments and financial reserve forecasts for various properties such as homeowners associations, townhomes, high-rises, and commercial buildings. With a passion for quality and Lean practices, he works to have a positive impact to better our communities. 

Helen Fischer


FirstService Residential

Helen Fischer is an accomplished onsite community association manager with a decade of experience in both onsite and portfolio community management. Her journey in community management began in administration, and over the years, she has honed her skills and expertise to become a dedicated professional in the field. Helen holds the prestigious Professional Community Association Manager (PCAM) designation.


Helen is passionate about enhancing the resident experience, and one of her greatest strengths lies in her ability to build meaningful connections with members of the community. Her proactive management approach includes exploring new initiatives to integrate into community operations, all while maintaining a keen focus on optimizing the association's funds.


Outside of her professional endeavors, Helen cherishes her time with family and pets, and her interests include traveling, photography, reading, movies, and music.