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Members press for forensic audit after treasurer reports $283,000 across accounts
Summary
A financial briefing showed roughly $283,000 in association accounts and prompted calls for outside accounting help and a forensic audit amid scattered ledgers and unclear records.
A board speaker reported the association holds approximately $283,000 across Bank of Hawaii and other accounts and said the books are scattered and will take time to reconcile.
"We We have a little money in the bank. Total of 283 between the Bank of Hawaii and HFC," the speaker reported, and went on to describe transfers between accounts, reserve planning, and the work required to rebuild ledgers. Several members urged hiring outside help and completing a forensic audit, noting the membership previously voted for an external review.
Why it matters: board members said accurate, timely financial reporting is essential for budgeting, grant compliance and member trust. The meeting included multiple requests to provide the treasurer with volunteer or paid help while the office reconstructs account histories.
