Homeowner and Condo Associations

Audited Financials – The highest level of assurance for the financial statements. The CPA conducts the audit in accordance with generally accepted auditing standards and provides reasonable assurance that the financial statements are not materially misstated. An audit also includes examining and testing evidence that supports the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by the association; and evaluating the overall financial statement presentation.