Although homeowner associations are created as nonprofit corporations, this does not mean the associations do not engage in financial transactions or require the services of a certified public accountant (CPA). For example, it is common for an association’s governing documents to require a financial audit or review on an annual basis, and associations are required to file tax returns every year. Further examples of situations in which it may be beneficial to consult a CPA include:
Our Code of Ethics
At Community Association Management, we are focused on providing superior service with definitive results that ensure success and longevity for our communities. That’s why we have adopted a code of ethics to ensure our success:
Comply with current bylaws, standards and practices as may be established from time to time...