Analysis of accounting management of a high-end condominium

Abstract

Condominiums are increasingly structured and offer more comfort and security, increasing the demand for this type of housing in Brazil, thus increasing the need for qualified management to manage the representative financial resources that are financed by condominium owners. The general objective of this research is to verify the accounting and legal information that the residential condominium manager must know to carry out competent management and generate adequate accountability. The present research is classified in terms of its objectives as descriptive, with a qualitative approach to the data, a single case study method, which analyzed accounting management in a high-end condominium in the city of Porto Velho-RO. To collect data, documentary research was used, analyzing the financial statements for 2021 and 2022. As a result, it was clear that the condominium carries out shared management, that is, it combines the figure of the property manager with accounting support from a secretary. Although the condominium is classified as a non-profit company, considering the implications of co-ownership of any business, its reports follow the basic principles of accounting reports. It concludes that managers do not use accounting information for decision-making, sticking to their perspectives for improvement, and greater governance on the part of condominium owners is recommended.