|Re: condo association accounting services||<– Date –> <– Thread –>|
|From: Alexander Robin A (alexande.robiuwlax.edu)|
|Date: Mon, 8 Dec 2008 18:10:11 -0800 (PST)|
Having an outside audit is a good idea just as a quality control check. To the other post, it definitely should not cost $5,000 unless you have a particularly complex organization. To Denise, sounds like your accountant is a bit obsessive with the recommendation to have all these funds. Sometimes simplicity is best. An outside bookkeeper is a good idea and can ease the burden by doing the taxes. I've found it better to use an independent small accounting shop rather than one of the bigger companies due to the latter costing a lot more for usually not better service. An audit is always a good idea just as a check on the work done but for a simple organization such as a cohousing it should not cost a lot. Robin A "Live in peace with the animals. Animals bring love to our hearts, and warmth to our souls." Colleen Klaum From: Denise Meier Sent: Mon 12/8/2008 12:23 PM To: Cohousing-L Subject: Re: [C-L]_ condo association accounting services While we're on the topic of accounting, I am wondering if any cohousing HOAs have ever been audited? We have had our accountant warn us about stuff (like not paying for meeting childcare out of HOA dues and using a separate fund instead, or keeping our meals accounting separate from our other books). I'm wondering if any HOA has actually been examined and if so what turned out to be problematic, if anything. Thanks, Denise Meier Two Acre Wood Sebastopol, California On Dec 8, 2008, at 10:05 AM, Diana E Carroll wrote: > > Hello! We are shopping for a company to provide us with > accounting services. Anyone out there have a firm they've > worked with an particularly recommend? Or, for that > matter, disrecommend? Or advice on how to select such > a firm? > > one company we've talked to is Digital Accounting Services > in NH. Anyone have experience with them? > > Thanks, > Diana > > > --- > Sawyer Hill Ecovillage ++++ http://www.sawyerhill.org > Cohousing in Berlin, MA ++++ 1,2,3 and 4 BR homes still available > > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > > _________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://www.cohousing.org/cohousing-L/
- Re: Auditing, (continued)
- Re: condo association accounting services Alexander Robin A, December 8 2008
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