Accounting Services for Condo and Homeowners' Associations
Fraze & Company, CPAs works with association managers and the board directors of condominium associations, homeowners' associations, co-ops, and other Common Interest Realty Associations (CIRAs). We provide budget assistance, auditing, account reconciliations, and more. We've worked with many condominium and homeowner associations throughout the Illinois area so we understand your unique reporting requirements, but we also strive to understand the needs of your individual association. At Fraze & Company, CPAs our goal is to offer accounting and bookkeeping services that will help your organization run smoothly now and plan for the future.
Our experience with tax planning for condominium and homeowners' associations allows us to offer innovative stratgies for complex tax situations and help minimize what you owe. We also offer accurate monthly and year-end financial reporting along with reliable financial advice to association managers and board members throughout the year.
Contact Fraze & Company, CPAs today at 815-434-0393 to find out more about our HOA accounting services for associations and co-ops in the Illinois area. We invite you to request a free consultation today.
Our acounting and advisory services for HOAs and CIRAs:
- Consulting on annual budgets
- Reserve funding consultation
- Assessing accounting procedures
- Evaluation of internal controls
- Tax planning
- Assisting with management company transition
- HOA audits, reviews and compilations
- Consultation on computerized accounting systems
- Agreed-upon procedures
- Evaluating compliance with governing documents
- Assisting with recording adjusting and closing journal entries
- Educational presentations to Boards
- Planning for capital expenditures
- Special assessment analysis
- QuickBooks consulting
