The “Rep” Letter: the Biggest Little Three-Letter Word in Your Annual Audit

Before the accountant completes the annual audit of your co-op’s or condo’s financial records, the board and the managing agent will be asked to sign a letter acknowledging that they, not the accountant, have primary responsibility for the financial statements and that to the best of their knowledge the statements are correct.   Read the article………….


Related Articles

4 Common Homeowner Association Security Errors to Avoid

Homeowners associations (HOAs) are more popular than ever. In 2015, 66.7 million Americans were members of a homeowners association, equivalent

Alcohol and HOA Board Meetings Just Don’t Mix

After a long day at work, it’s sometimes nice to sit down with a lovely glass of red wine or

Worker’s Compensation Insurance for Your HOA

As a community association, it may not seem that workers’ compensation is a necessary tool in your arsenal. However, to