Understanding Community Association Audit Fees
Monday, August 31st, 2015 in Condo, Contracts, HOA, Legal, Management, Reserve Studies, Vendors by FAN
Q: We received two bids from different accounting firms for the annual audit of our association. One was for $5,000 and the other was for $1,500. Why is there such a big difference in price? A: When offering bids to potential clients for services, a public accounting firm generally estimates the time commitment necessary to […]