Assessments collected. Reserves funded. Books closed. Every year.
Audit, review, and bookkeeping built for homeowner and condo associations — compliant, board-ready, and delivered on time.
The Challenges You Face
You didn't start a business to manage paperwork. We handle the financial side — so you don't have to.
Florida, California, and dozens of other states require HOAs and condo associations to have annual audits or reviews once revenues cross a threshold. Non-compliance exposes the board to personal liability.
Even where state law doesn't require an audit, your CC&Rs or bylaws might. Most boards don't find out until a unit owner raises it at a meeting — by then you're already out of compliance.
Reserve funds are legally separate from operating funds and must be reported that way. Commingling or misclassifying them is a common and costly mistake that auditors flag every year.
Every time the board changes, financial continuity breaks. Incoming members inherit books they don't understand and records they can't find — and the association pays for it at audit time.
Late assessments, payment plans, collections — HOA receivables require consistent tracking. One missed delinquency can throw off your entire budget and reserve calculation.
Special assessments are one of the most mishandled areas in HOA finances — incorrectly recorded, improperly classified, or missing from reserve fund calculations entirely. We make sure they're handled right from the moment they're levied.
Why HOAs & Condo Associations Choose GreyWood
- We Know HOA ComplianceState audit thresholds, governing document requirements, reserve fund reporting — we know the rules before we open your books. No learning curve, no explaining your world to us.
- Reserve & Operating Fund SeparationWe maintain your reserve and operating funds as legally distinct from day one — clean, compliant, and ready for any owner or regulator who asks.
- Fixed Fees, No SurprisesEvery engagement starts with a fixed-fee letter. You know the cost before we start — no hourly billing, no scope creep, no invoice shock at the end.
- Board-Ready Every TimeAudit reports and financial packages delivered before your annual meeting — so your board has what it needs when it needs it, not weeks after.
- Direct Access, AlwaysNo account managers, no ticketing systems, no waiting on a callback. You reach the CPA working on your engagement directly — and we respond the same day.
- Deadline ObsessedFiling deadlines, report delivery, year-end close — we run on a fixed schedule and we don't miss. You'll never be chasing us for a status update.
Lead your community. We'll handle the numbers.
One consultation. 15 minutes. No cost.