Specialized Services for Community Associations

Illinois IDFPR-Approved CAM CE Sponsor

License No. 292.000041 — the same independent expertise behind our Budget Preparation, Reserve Study Review, Self-Management Transition, and Beyond the Budget CAM education.

CPA (Illinois)CMACFA CharterholderMBA (University of Chicago Booth)40+ Years Accounting ExperienceIDFPR Approved CAM Continuing Education Sponsor
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Clients Review

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In the under-regulated world of homeowner associations—where owners are too often left in the dark and vulnerable to exploitation—Common Interest Advisors, LLC stands out as an essential safeguard. Led by Michael J. Novak, CPA (Illinois), CMA, CFA, the firm brings unmatched independence and expertise to HOA accounting, governance, and reserve studies. Michael’s deep command of the arcane rules and accounting practices that govern HOAs equips him to uncover waste, fraud, and abuse that ordinary owners or even conventional auditors routinely miss.

What sets Common Interest Advisors apart is its commitment to empowering owners and boards with clarity and accountability. Michael’s record of expert testimony in high-stakes legal disputes and his relentless forensic analysis have delivered real-world impact—strengthening communities, holding management companies to account, and ensuring transparency where it is often absent. By choosing Common Interest Advisors, communities gain not only an expert in the complexities of HOA finance and regulation but also a trusted ally who transforms obscure rules and opaque practices into protection and empowerment for homeowners.

Norman Kabir, owner @ 175 East Delaware Place HOA
Chicago,Illinois
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Led by Michael J. Novak, CPA, CMA, CFA

Michael J. Novak is Co-Founder and Co-Managing Partner of Common Interest Advisors. He holds an MBA in Finance from the University of Chicago Booth School of Business and brings more than four decades of accounting experience, including more than thirty years serving community associations and nonprofit organizations.

Common Interest Advisors provides independent financial, governance, budgeting, reserve funding, and forensic advisory services to condominium, homeowners, and cooperative associations.

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