Webinar

Estate committee financial oversight: webinar outline for Kenyan HOAs

Nyumba Zetu

What treasurers should review monthly: bank vs ledger, service charge vs reserve, and how to prepare digestible reports for members.

Financial reports and oversight for estate committees in Kenya

This webinar-style resource summarises how voluntary estate committees can exercise proper oversight without becoming full-time accountants.

Monthly rhythm

Compare bank and M-Pesa statements to the management accounts. Flag any transaction that lacks a receipt or invoice. Review aged receivables for units in default.

Operating vs reserve

Ensure spending from the reserve fund matches approved projects. Operating account should cover routine security, cleaning, and utilities.

Member communication

A one-page summary beats a fifty-page printout. Charts for collection rate and major expense categories help. Committee tools and demos show how Nyumba Zetu supports transparent reporting.