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Condominium & HOA Accounting in Boca Raton

Audits, reviews, compilations, and tax returns for Boca Raton associations, from beachfront condominiums to gated golf and country club communities.

Associations we work with in Boca Raton

  • Oceanfront and Intracoastal condominiums
  • Gated golf and country club communities
  • Age-restricted (55+) communities
  • Master and sub-associations
  • Single-family and townhome HOAs

Community associations in Boca Raton

Boca Raton sits on the Atlantic at the southern end of Palm Beach County. Condominium buildings line the beach and the Intracoastal Waterway on the barrier island and the mainland just west of it. Moving inland, the housing shifts toward gated communities built around golf courses and clubhouses.

Those club communities often run as layered associations, with a master body for gates, roads, and recreation and separate associations for each neighborhood or building. Many also restrict ownership to residents 55 and older.

Financial questions Boca Raton boards are working through

Country club communities with several layers

When a master association and its sub-associations share costs, owners pay into more than one budget. Each association keeps its own books and has its own annual reporting obligation. Clear statements at every level help boards and owners see what each assessment pays for and how shared costs are allocated.

Property insurance on the coast

Oceanfront and Intracoastal buildings carry windstorm and property coverage that can take up much of the operating budget. A renewal at a higher premium can squeeze reserve contributions in the same year. Financial statements that separate operating and reserve funds make that trade-off visible to the board.

Owners who are here part of the year

Seasonal residents are common in Boca Raton. Treasurers and owners reviewing the year-end statements from out of state need a report they can read without a walkthrough, and boards need it on time for the annual meeting. The Florida reporting requirements set when owners must receive it.

Why work with a CPA

A bookkeeper or management company keeps the records. A CPA reports on them. For a community association, that difference matters in six ways.

  • Meets the statutory requirement

    Florida requires an annual financial report from every condominium and homeowners association. Reviews and audits must be performed by an independent, Florida-licensed CPA.

  • An independent view for owners

    An outside CPA has no stake in the board's decisions. A review or audit gives owners and prospective buyers a level of assurance the association cannot give itself.

  • Clear reserve reporting

    Reserve balances, funding, and required disclosures are presented consistently, so boards can see where major repair and replacement funding stands.

  • A properly prepared tax return

    Associations normally file Form 1120-H, the federal return designed for homeowners and condominium associations. A CPA-prepared return stays consistent with the association's financial statements.

  • Observations the board can act on

    In an audit, the CPA communicates significant deficiencies in internal control it identifies. Boards often use these to tighten approvals, collections, and bank reconciliations.

  • Continuity through board turnover

    Directors and managers change. A CPA who knows the association's history helps new treasurers understand the statements and what changed from year to year.

A CPA engagement does not replace an engineer's reserve study or structural inspection, legal advice from association counsel, or management's day-to-day responsibilities.

Services for Boca Raton associations

We work with condominium and homeowners associations in Boca Raton the same way we do across Florida. Once engaged, the association exchanges records with us through our secure Feldman One client portal.

Request a proposal for your Boca Raton association

Tell us about your association, its fiscal year-end, and the report you need. We will review your information and follow up to discuss scope and next steps.

Prefer to talk first?

We work with associations throughout Florida.