Examine and evaluate the most difficult and frequently found accounting and auditing issues in Common Interest Realty Associations (CIRAs) for 2015. Issues covered are SSARS 21 engagement letters, reporting, engagement administration and ethical issues for time-share, residential and commercial condominium associations (condos). Also discuss independence, Interpretation 101-3 for nonattest services performed for attest clients, when to capitalize assets, start-up situations, and transitions (turn-over) between developers and unit owners. Issues involving bad debts and budgeting in a recession period will be discussed. Florida-specific issues will be covered.

Session Information
Session Date:
July 20, 2016
Session Objectives
  • Participants will obtain an overview, update and in-depth examination of the most difficult and frequently found accounting and auditing issues in Common Interest Realty Associations (CIRAs). These issues include SSARS 21 reporting, engagement administration and ethical issues for time-share, residential and commercial condominium associations (condos). The subjects will include independence, Interpretation 101-3 for nonattest services performed for attest clients, when to capitalize assets, "start up" situations and transitions (turnover) between developers and unit owners. Homeowners' associations (HOAs) and cooperative associations having some of these same issues will also be covered. Specific state issues and new statutes will also be addressed.
Condos & HOAs: Advanced Accounting, Auditing and Other Issues Pt 1
Speaker Information
Cecil "Pat" Patterson Jr.   [ view bio ]
Condos & HOAs: Advanced Accounting, Auditing and Other Issues Pt 2
Condos & HOAs: Advanced Accounting, Auditing and Other Issues Pt 3
Condos & HOAs: Advanced Accounting, Auditing and Other Issues Pt 4
Individual topic purchase: Selected
Georgia Society of CPAs
Accounting & Auditing (A&A): 8.00
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Products
Streaming
GSCPA Member Price:$315.00
Non-Member Price:$415.00