Audits and financial statements for New York City co-op corporations and condominium associations.
Boards and managing agents of NYC co-ops and condos with a bylaw, lender, or shareholder audit requirement.
01
Annual audits
Financial statement audits issued in time for the annual meeting and the shareholder mailing.
02
Reserve & capital funds
Reserve balances, capital assessments, and building improvement accounting reviewed and presented clearly.
03
Maintenance & common charges
Billing, arrears, and collection activity tested against the books.
04
Section 216 letters
Shareholder tax deduction allocations for mortgage interest and real estate taxes.
05
Managing agent oversight
Independent verification of the agent’s records — the reason many boards commission an audit at all.
06
Lender packages
Statements prepared to satisfy underlying mortgage and refinancing requirements.
Most NYC co-op and condo bylaws require one, and lenders usually do as well. We will review your bylaws and tell you what applies.
Yes. We schedule around your meeting date and the shareholder mailing, not around our calendar.
It tells shareholders how much mortgage interest and real estate tax they can deduct on their personal returns. We prepare it with the audit.
This is one of our specialty audit practices. We also perform audits, reviews, compilations, and financial statement preparation for businesses of every kind.
We’ll help you choose the right assurance for where your business is headed.
