Audits

Audits at Boynton Beach HOA question its finances; board president awarded contracts (FL)

Nautica's HOA budget is more than $600,000 a year. Previous audits have also identified problems and one homeowner said she…

9 months ago

When It’s Time for an Audit – Covering the Basics for Multifamily Boards

When the average American taxpayer (or tax-dodger, one supposes) hears the word “audit,” they’re likely struck with a feeling somewhere…

10 months ago

What can residents do when the HOA or condo board hasn’t posted audit or held elections? (FL)

Question: According to the Condominium Act, “each year the board of administration must prepare and complete a financial report of…

10 months ago

Your Accountant Wants You To Know About Section 57 Of The Condo Act (MI)

Condominium associations with annual revenues exceeding $20,000.00 should take specific note that Section 57(2) of the Michigan Condominium Act provides…

11 months ago

Everything You Need to Know About Community Association Audits

Conducting an audit is an excellent way to confirm the financial health of your community. An audit can also highlight…

1 year ago

IRS audits Lake Forest POA (AL)

It's been a tumultuous time in Lake Forest with a faction of homeowners publicly questioning the property owners' association board…

1 year ago

How To Survive An HOA Audit (CA)

HOA audits can be a stressful experience, but they don’t have to be. Follow the tips and tricks in this…

1 year ago

HOA Audit: What Can It Say About Your HOA’s Financial Health?

An HOA audit is an instrument that can help you measure the financial health of your association. Unfortunately, not all…

2 years ago

Everything You Need to Know About Community Association Audits

Conducting an audit is an excellent way to confirm the financial health of your community. An audit can also highlight…

2 years ago

Ask The HOA Expert

Question: A newly elected board is taking over for directors that have been in charge for years. Is it time…

2 years ago