Cohousing-L Mailing List: Re: Auditing

[Sharon Villines (sharon]

On Dec 8, 2008, at 3:40 PM, Kay Wilson Fisk wrote:

> Would you mind letting us know what you had to pay for the audit? We  
> have
> been told that it would cost about $5,000, which would be quite a  
> jolt for
> us to absorb


We do an annual audit. The budget is $1790 for the audit and tax prep.

One of our members says it makes a difference that we have a  
management company do our financial records and the auditor knows what  
form the records will be in. That we save money on the annual audit is  
given as one of the reasons that we should keep the management company.

Sharon
----
Sharon Villines in Washington DC
Where all roads lead to Casablanca