Menchinger & Tyack CPAs, LLC focuses on the community association industry. With over 300 community association clients, we have gained the experience and expertise we can offer our many clients. We prepare tax returns for associations with only a few units to audits of homeowners associations with thousands of owners.
In order to maintain our expertise in the industry we are members of many community association organizations and participate in regular continuing professional education including the Common Interest Realty Associations conference.
Our firm and staff memberships includes:
If you are the Treasurer or a board member, you understand the importance of accurate, reliable and timely financial information. Menchinger & Tyack CPAs, LLC can take care of all your bookkeeping needs. We believe the benefit of using our virtual bookkeeping services outweighs the cost of inaccurate and unreliable financial data.
We encourage you to read the ACFEs Report to the Nations on occupational fraud and abuse.
Audits, Reviews and Compilations
As a Community Association you may be required under Florida Statutes to engage a CPA firm to perform an audit, review, or compilation. The level of service the Association requests is generally determined based on revenue levels set by Florida statutes. Whichever level of service you engage us to perform; we will ensure a smooth engagement with continuous communication.
Agreed Upon Procedures
The Association may want Menchinger & Tyack CPAs, LLC to issue a report on our findings based on specific procedures performed on subject matter. These procedures will be dependent on the needs of the association. An example of an agreed upon procedure could be that the association board of directors would like to ensure that the payments made by the association were appropriately authorized in accordance with their policy.
On an annual basis an association is often faced with the choice of filing different returns that have varying consequences. We can assist the board of directors in making that choice and ensuring that the return is timely filed. Further, we are able to assist associations with tax laws to ensure that they remain in compliance.
With extensive experience in the industry, we are able to provide consulting services on various issues including: