Course Overview
About This Course
Financial management helps Homeowners Associations maintain essential services, plan for future obligations, and respond to unexpected costs. This course shows managers how operating budgets, assessments, financial reports, reserves, insurance, and risk management work together in an HOA environment.
The practical course will show you how community managers organize financial information for board review, monitor budget performance, identify financial and operational exposures, and coordinate with accounting, insurance, and other qualified advisers. It leads into ECAM-103, connecting financial decisions with the association’s long-term operational priorities.
Part of your ECAM journey
ECAM-102 is the second of three prerequisite courses for the Executive Community Association Manager credential. Complete the required coursework before proceeding to the final examination and certification application.
Course at a Glance
Course Code
ECAM-102
Certification
ECAM
Delivery Method
Online
Price
$995 USD
Course Level
Intermediate
Duration
To be confirmed
Practical Knowledge
What You'll Learn
Build practical financial and risk-management knowledge for the responsibilities you will handle when supporting boards and association operations.
HOA Operating Budgets
Understand operating budget fundamentals, revenue assumptions, expenses, assessments, and the information managers prepare for board reviews.
Financial Reports
Learn how to read & analyze balance sheets, income statements, budget comparisons, receivables, payables, and other reports to monitor association finances.
Reserves and Future Needs
Explore reserve studies, funding needs, major components, deferred maintenance, and the relationship between reserve planning and long-term financial stability.
Financial Controls
Explore approval procedures, documentation, purchasing practices, reconciliations, and reporting controls that support accountability and protect funds.
Insurance Coordination
Understand association insurance considerations, organize policy details for the board, and work with brokers and advisers.
Risk Management
Spot operational, financial, property, and contractual exposures and understand how to bring those risks to the board's attention.
Your Credentialing Journey
One Course. A Clear Path Forward.
Complete the ECAM education pathway, pass the final exam, then apply for certification.
01 / COURSE 1
ECAM-102
California HOA Law & Governance
02 / COURSE 2
ECAM-102
HOA Financial & Risk Management
You are here
03 / COURSE 3
ECAM-103
Advanced HOA Operations & Leadership
04 / EXAM
Final Exam
Demonstrate your knowledge after completing the prerequisites.
$1000 USD
05 / APPLY
Certification Application
Complete the existing certification application after passing the final exam.
$250 USD
Continue Your Professional Journey
Executive Community Association Manager (ECAM)
Explore the complete ECAM curriculum, eligibility requirements, examination process, and steps required to pursue the Executive Community Association Manager credential.
Complete the prerequisite coursework or obtain an approved waiver, then pass the final exam before submitting your certification application.
Course Registration
Register by PDF & Email
Download the fillable registration form for ECAM-102, fill in your information and preferred course date, and email the finished PDF to HOA Unlimited University.
ECAM-102 · HOA Financial & Risk Management
Online · $995 USD per participant
01 / DOWNLOAD
Get the Application
Download the fillable course registration PDF and save it to your device.
02 / COMPLETE
Fill in Your Details
Complete the application, include your preferred course date, and save the completed PDF.
The email button opens your email app. Attach your saved PDF before sending. You can also email it directly to info@hoaunlimited.com.
Complete Your ECAM Coursework
Explore the Other Prerequisite Courses
Continue your education with the other two courses in the ECAM pathway.