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Audit working group outlines $8,000 cleanup and $800/month accounting proposal
Summary
Phil Denney said an accounting firm proposed an $8,000 cleanup of the association’s books and offered continuing accounting services at $800 per month; the Audit Prep Working Group clarified audit types for the board.
Phil Denney, reporting for the Audit Prep Working Group, explained different kinds of audits and described a proposal from an accounting firm to perform a bookkeeping cleanup for $8,000 and to provide accounting services for $800 per month. Denney framed the proposal as a way to bring records current and to reduce recurring bookkeeping burdens on the office.
The proposal was presented as background for the board to consider; no contract was approved at the July 10 meeting. The Treasurer’s report provided related financial context (cash and receivable figures), and the two items are expected to be discussed in further detail before any vendor is selected.
