Tag: Climate Change
The Year-End Audit: How to Prepare, What to Expect
![2539219.jpg](https://www.communityassociationinsider.com/wp-content/uploads/2012/08/2539219.jpg)
Associations produce audited financial statements so that members, prospective buyers, and lenders can assess an association's financial condition. If an association's finances are mismanaged, prospective buyers may have a difficult time getting loans and may look elsewhere for a home. This ultimately may reduce home values in the community in an already difficult economic climate.