Why does my community association need an audit? What does “independent” really mean and what is the benefit? In addition to answering these key questions, the webinar will also cover the following:
- Impact of inflation and interest rates on operating, deferred and replacement funds
- Impacts of trends in the past 5 years on the audit itself such as more loans, special assessments and larger projects
- Changes in the industry as community associations move from sole proprietors to larger more specialized audit firms and how that impacts the fees for audits
- Changes in the role of the auditor from just reviewing historical data to trusted advisor.