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Associations

Stroemer & Company services low, mid-rise and high-rise condominiums, as well as homeowner, sub and master associations, timeshares, and developer controlled associations.  The team has developed significant resources and technical knowledge in order to help your association fulfill its financial obligations.  In fact, several of our team members, including Managing Partner John Stroemer are licensed Community Association Managers (CAMs).

Condominium Associations Homeowner Associations Master Associations Timeshares Cooperatives Developer Controlled

Professional Services Provided:

  • Prepare financial Statements (audits, reviews and compilations)
  • Post turnover reviews
  • Turnover audits
  • Full service bookkeeping services – tailored to the Client’s needs
  • Preparation of association tax returns
  • Issue tax opinions (IRS issues)
  • Tax planning and consultation
  • Establish reserves for future major repairs and replacements
  • Keep associations informed about tax issues and developments
  • Establish and/or streamline accounting systems or operations
  • Consultation to ensure that the association's accounting principles and practices are in accordance with Generally Accepted Accounting Principles (GAAP) and State Statutes
  • Guidance on how to design condominium documents for developers
  • Attend meetings
  • Seminars on how to read financial statements and to understand technical issues

Reporting Requirements:

                         

If your association votes to waive the above requirements, the association must still do a Statement of Cash Receipts and Disbursements, with required Reserve Disclosures.

Associations are governed by the State, please find below links to the Florida Statutes:

If you need assistance, please contact us for a free consultation at 1-855-STROEMER or JamieR@StroemerCPA.com, se habla espanol.

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