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Board hears audit-prep options; three accounting firms to meet Treasurer

Leilani Community Association Board of Directors · August 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Phil Denney explained the difference between forensic and general audits and said three accounting firms will meet with the Treasurer in the Long House to discuss scope and costs.

Phil Denney briefed the board on audit options, distinguishing between forensic audits and general financial audits. He said candidates for the audit work will meet in the Long House with the Treasurer in the coming weeks to discuss scope, timeline and costs.

The item was presented as preparatory work; no firm was selected at the meeting and the Treasurer will lead meetings with the accounting firms to refine proposals and cost estimates.