Business Details
Trusted HOA Audit & Tax Services in Carlsbad
For over two decades, our firm has specialized in providing audit and tax services tailored exclusively to community associations nationwide. Our commitment to efficiency, integrity, and responsiveness drives every engagement, ensuring clients receive accurate, timely reporting and reliable communication. We have developed streamlined workflow processes and educational programs to address the unique needs of associations, including mixed-use, high-rise, and large-scale developments. Our team's 100% focus on the community association industry, combined with involvement in industry groups and adherence to accounting standards, ensures a responsive and knowledgeable partnership.We prioritize client needs through workflow innovation, staff education, and a deep understanding of association accounting challenges. Our philosophy of Integrity, Involved, and Inspired guides our approach to delivering high-quality reports, tax compliance, and guidance that empowers boards and management companies.
Services
Audit
Review
Compilation
AUP
Tax Services
Education Programs
Highlights and features
- We offer 20+ years of exclusive focus on community association accounting.
- Our streamlined process ensures accurate, on-time audit and tax reporting.
- Dedicated team provides responsive support tailored to association needs.
- We deliver educational resources to empower board and management decisions.
- Nationwide service covers all association types, including complex developments.
Services
Audit
Our audit services provide the highest level of assurance for community association financial statements. We conduct examinations in accordance with Generally Accepted Auditing Standards to deliver unmodified opinions confirming financial statements are fairly presented. The process includes risk assessments, evidence gathering, and reporting on balance sheets, revenue statements, and cash flows while disclaiming opinions on reserve studies.
Review
Review engagements offer limited assurance that financial statements comply with GAAP. We apply analytical procedures and inquiries to identify material modifications needed, without expressing a full opinion. This lower-scope service includes reporting findings to boards and providing independent accountants' reports with proposed adjustments while maintaining compliance with accounting standards.
Compilation
Compilation services focus on presenting financial data without assurance. We assist associations in preparing statements using provided information, without verifying accuracy or completeness. This service includes delivering accountants' compilation reports but excludes representation letters or internal control assessments, making it suitable for internal use or specific compliance needs.
AUP
AUP engagements address specific client concerns through customized procedures. We collaborate with boards to investigate accounting issues like management transitions or special assessments, reporting findings without assurance. This service targets areas requiring deeper analysis than standard audits, focusing on transparency and resolution for complex association financial matters.
Tax Services
Our tax expertise covers all association types, including 1120-H filings and 501(c) exemptions. We handle federal returns, taxable income analysis, and special assessments while advising on Revenue Ruling 70-604 implications. The service includes preparing returns alongside audit engagements or as standalone tax compliance solutions for residential and commercial associations.
Questions
What types of community associations do you serve?
We work with all association types including condominiums, townhomes, mixed-use developments, high-rises, and commercial associations nationwide.
Do you handle both audits and tax filings?
Yes, we provide comprehensive audit, review, compilation, and tax services, including federal returns like Form 1120-H and 990.
How does your client portal simplify document sharing?
Our portal streamlines document requests and sharing processes, reducing emails and improving efficiency during audit and tax engagements.
What educational resources do you offer?
We provide materials on financial statements, budgeting, tax compliance, and accounting controls through our HOA CPA EDU program.
How do you ensure timely reporting?
Our streamlined 5-step process includes agreement, document gathering, service performance, board review, and final report delivery to guarantee deadlines.
Are your services available nationwide?
Yes, we serve associations nationwide with offices in California, Washington, Hawaii, Oregon, Texas, Virginia, and Florida.
