You need monthly HOA financials to be delivered early in each month in order to govern. When we meet a new HOA, some complain that they aren’t getting their financials on time. Recently, a board told us their management company was three months behind on financials, with no expectation for when the books would be current. This is unacceptable. We have a built-in guarantee to deliver HOA financials on the sixth business day monthly. Not every company needs to be this aggressive; many boards are satisfied with HOA financials being available five or so days prior to a board meeting. We suggest you ask for a guarantee or at least a clear expectation of when you’ll have your documents in-hand. Then get it in writing.