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

The Importance of Being More Open with Your HOA Members

Openness and transparency are important tools in most effectively communicating with your HOA community. When you let owners know what’s

Cleanliness is next to Godliness-especially in a community association!

The fear of this century’s next pandemic has increased with the recent media coverage of the growing spread of Ebola.

HOAs Gone Haywire, Part III: The 411 On Everything You Need to Know About HOA and COA Board Elections

Last May, two Pike County, Pennsylvania men were convicted of HOA Board election fraud after being found guilty on numerous