Independent Financial Services for Homeowners Associations
Provide your board and homeowners with independent assurance that
Association funds are accurately reported
Reserve balances are properly presented
Financial resources are allocated in accordance with governing documents and industry best practices.
Audit, review, compilation, and tax services for homeowner associations, condominium associations, and community associations nationwide.
Your homeowners place their trust in the board to manage the association's finances responsibly. From operating expenses to reserve fund investments, every financial decision impacts the community. An independent audit provides assurance that financial statements are accurate, funds are properly accounted for, and financial reporting reflects the association's true financial position. The result is greater transparency, stronger homeowner confidence, and enhanced accountability for the board.
Remote
100% Remote Capabilities
16 +
Years Auditing Experience
50
States Served Nationwide
AICPA
Peer-Reviewed Firm
Why Does Your Association Need an Audit?
An HOA Audit May Be Right for Your Association If You:
✅ Serve on an HOA or condominium association board and want independent assurance that financial reporting is accurate.
✅ Are required by your governing documents or state law to obtain an annual audit or financial statement review.
✅ Want to provide homeowners with greater transparency and confidence that association funds are being managed responsibly.
✅ Manage community associations as a property manager and need reliable, independent financial reporting for your clients.
✅ Have concerns about reserve funding, assessments, dues collections, or vendor payments and want an objective review of the association's financial records.
✅ Oversee significant reserve funds or capital improvement projects and want assurance that funds are properly accounted for.
✅ Are experiencing board turnover and want an independent assessment of the association's financial position.
✅ Need audited financial statements for lenders, insurance requirements, or other stakeholders.
👥 Board Fiduciary Support
Demonstrates the board's commitment to responsible financial stewardship.
🔒 Stronger Internal Controls
Highlights opportunities to improve financial processes and oversight.
📈 Better Decision-Making
Provides a reliable financial foundation for budgeting and long-term planning.
🛡 Financial Transparency
Provides homeowners and board members with confidence in the association's financial reporting.
🏦 Reserve Fund Accountability
Helps verify that reserve balances and expenditures are properly recorded.
📋 Accurate Financial Reporting
Identifies accounting errors and improves the reliability of financial statements.
Why Associations Benefit from an Independent Audit
🏦 Cash & Investments
We verify bank accounts, investment balances, and cash activity to help ensure association funds are accurately reported.
📊 Financial Statements
We evaluate the association's financial statements and supporting records for accuracy, completeness, and compliance with accounting standards.
🛡 Reserve Funds
We review reserve fund balances, expenditures, and related disclosures to ensure they are properly reflected in the financial statements.
💵 Assessments & Homeowner Receivables
We examine assessment revenue, delinquent accounts, and collection activity to help ensure amounts are properly recorded.
📋 Expenses & Vendor Payments
We review significant expenses and vendor transactions to verify proper recording and identify unusual or unexpected items.
✅ Internal Controls
We gain an understanding of the association's financial processes and identify opportunities to strengthen controls and oversight.
📈 Budget-to-Actual Performance
We evaluate key financial trends and budget variances that may affect the association's financial condition.
👥 Board & Management Reporting
We assess financial reporting practices to help boards make informed decisions and fulfill their fiduciary responsibilities.
What We Examine During an HOA Audit
Our audit process is designed to provide independent assurance that your association's financial statements are accurate and that community funds are being managed responsibly.
Step 4 - Audit Fieldwork
We analyze transactions, reconcile accounts, confirm balances, evaluate controls, and perform procedures required by auditing standards.
Step 5 - Review & Communication
If questions arise, we communicate directly with management or the board and provide status updates throughout the engagement.
Step 6 - Final Audit Report
We deliver the completed financial statements and independent auditor's report and are available to answer questions at your board meeting if needed.
Step 1 - Consultation
We discuss your association, governing documents, prior audits, management company, and reporting requirements to determine the right service for your community.
Step 2 - Engagement & Planning
Once engaged, you'll receive a secure list of requested documents and a detailed schedule so everyone knows what to expect.
Step 3 - Document Collection
We gather financial statements, bank records, reserve information, board minutes, contracts, and other supporting documentation electronically via secure file sharing.
What to Expect During Your HOA Audit
Why HOA Boards Choose Us!
From reserve fund testing and assessment revenue validation to compliance with governing documents, we provide clear financial reporting that helps boards fulfill their fiduciary responsibilities with confidence.
🏅
50 States
Peer-Reviewed Firm
Committed to professional standards, quality control, and independent assurance services.
AICPA
🌎
Nationwide Remote Service
Serving homeowner associations, nonprofits, and businesses across the United States.
⚡
Responsive
Quick turnaround times, proactive updates, and direct access to your CPA when questions arise.
🏛️
Boards
Fast & Clear Communication
Built for Governance
Reports and recommendations designed to help boards fulfill their oversight responsibilities with confidence.
Audit fees tailored to your association
Every association is unique, which is why audit fees are based on the scope and complexity of the engagement rather than a one-size-fits-all price.
We evaluate your association's operations, records, and reporting requirements to provide a transparent proposal before any work begins.
COST & TIMELINE DEPEND ON
Factors we consider
✓ Number of homes, units, and bank accounts
✓ Condition and organization of accounting records
✓ Reserve activity and funding complexity
✓ State statutes and governing document requirements
✓ Prior audit findings and accounting issues
✓ Timeliness of information from management and vendors
Get in touch
We're here to help your board move forward with confidence.
Phone
(844) 222-5800
nicole@jvraudit.com
Corporate Headquarters
nicole@jvraudit.com
(844) 222-5800
© 2026. All rights reserved.
California
Chico
Sacramento
San Diego
Oklahoma
Oklahoma City
Tulsa
Virginia
Chesapeake
Virginia Beach
Richmond
555 Belaire Ave.
Suite 210
Chesapeake, VA 23320
serving you nationwide