Condo Q&A

Can our new HOA get a developer transition audit?

Written by CondoAssociation.com | Fri, Sep 15, 2017 @ 01:05 PM

Where can I learn about the meaning and scope of a developer transition audit. One CPA firm said it was getting audited opinions for prior years "Review prepared" financial statements. That can't be correct. Its has to be more of a special accounting review (sort of forensic) of developer books and records by an accounting firm well versed in transition matters.