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Condo board wants a "cleaner looking" financial audit

| Florida |   Budgets & Finance |  


Question:

We live in a Florida Condominium. Our year end audit completion has been delayed due to several questionable expenditures. The auditors have instructed the board that if there are notations on the year end audit it could be more difficult for future buyers to acquire mortgages. Our current Board (Entire New Board) is very concerned about total transparency with the unit owners and wants a "true and factual" audit performed. The board does not want a forced balance. What is your opinion? Thank you


Answers (4)

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