


Tips on Figuring Out Your Financials Fast


By Jeremy Newman, CPA


A


ssociations with December 31st year- ends make up a large share of annual audits. There is often intense pressure on


 to complete accurate and complete audits in a timely  strong communication and sharing of information.


26 Community Associations Journal | September 2019


Signed Engagement


Letter CPA audit engagement letters should be approved by the board for all audits. Signing


the contract well before the association’s year end will provide more time for the CPA to plan and prepare for the audit, and more time for the client to assemble supporting reports and documents.


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