Understanding CPA Service Levels – Compilation, Review and Audit

The By-laws, CC&R’s or other controlling documents of most community associations delineate the requirement for preparation of financial statements of the Association. In addition, several states have minimum financial statement requirements.    Read More……

Editor

Recent Posts

Effective Committees – Maximizing Use of Community Volunteers

In a typical co-op, condo, or homeowners association, residents have a lot to say about…

4 hours ago

You Have Been Assessing Me Too Much! Square Footage Allocation Discrepancies (CO)

For homeowners’ associations whose assessment allocations are based on square footage of units, problems may…

4 hours ago

Collecting When the Homeowner is Deceased (CO)

Unfortunately, sometimes homeowners pass away. When that happens and the homeowner owes a balance to…

4 hours ago

The Headless HOA (or Co-op or Condo) Can a Common-Interest Community Exist without a Board? (NY)

CooperatorNews recently received a question from a reader along these lines. The individual is the…

4 hours ago

Condo Smarts: Strata fees apply even when owners vacate for building repairs (BC)

Dear Tony:  Our building experienced a major flood during the cold snap in January. Everyone…

4 hours ago

Q&A: Signs, Signs, Everywhere a Sign (MA)

Q. As election season approaches, I am anticipating—in light of the current divisive nature of…

5 hours ago