Auditing

An audit is the highest level of service that a CPA can perform.

The purpose of the audit is for us to express an opinion on whether the Association’s financial statements and notes to the financial statements are free from material misstatements and are in accordance with generally accepted accounting principles (GAAP). We follow generally accepted auditing standards (GAAS) to perform our audit, but we go above and beyond these standards for our clients. We have found that certain procedures can provide a benefit to our clients and we perform those, even though they are not required to meet the basic auditing standards. Some of the procedures include examining a large percentage of the paid invoices and reconciling payments made to vendors to the signed contracts. Often, we are the last ones to look at the Association’s records and we find duplicate payments or overpayments that result in savings for our clients.

Smart QuoteOur firm manages over 150 community associations. Goldklang is the auditor and tax provider of choice for most of our portfolio. Not because they are the biggest, but because they are the best. Prompt, professional and thorough, we count on Goldklang to work with integrity and focus for our clients. The information they provide greatly assists us in providing excellent financial advice to our Boards of Directors.
CEO, Management Company