Cohousing-L Mailing List: Re: HOA accounting

[Kelly Bachman (happyvalleykelly]

We use QuickBooks for accounting. We have had a couple of audits by a CPA
firm but our members did not find them useful. What our members most want
to know is that our money is safe and that we have systems in place to
prevent and detect fraud.

For the last 3 years, we have focused on internal controls and we perform
an internal audit every year. This process has proved more to the point of
member concerns and much less expensive (free.)

Email me for more information about our internal audit process.

Kelly, Treasurer for Bellingham Cohousing

On Sat, Apr 16, 2022

>
> Skagit Commons is going to need HOA accounting software soon.
>
> Do you have HOA software you can recommend?
>
> Does your community go through annual audits of your financial
> statements?Â
> If not, what do you do instead to provide accountability to your members?
>
> Thanks in advance for your help.
>
> Milly Brown
> The bookkeeper
>
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