Business Details
Trusted Audit & Tax Services for Community Associations Nationwide
Founded over two decades ago, Newman Certified Public Accountant, PC has established itself as a dedicated partner for community associations seeking expert audit and tax services. Our firm specializes exclusively in the unique financial needs of common interest realty associations, offering tailored solutions that streamline processes while maintaining the highest standards of integrity and compliance. Through continuous innovation, we developed the HOACPA Client Portal to simplify document sharing and reporting, ensuring efficiency and transparency for our clients. Our team's deep industry expertise, cultivated through thousands of engagements nationwide, allows us to deliver actionable insights and educational resources that empower boards and management companies.We prioritize responsiveness, recognizing that timely communication is critical to client satisfaction. By combining rigorous adherence to accounting standards with a client-centric approach, we help associations navigate complex financial landscapes with confidence. Our commitment to quality is reflected in our streamlined five-step process, which covers everything from initial proposals to final reporting. Active participation in industry events and educational initiatives further solidifies our position as trusted advisors in the community association sector. This dedication to excellence has earned us the trust of over 2,000 associations and numerous industry partners.
Services
Audit
Review
Compilation
AUP
Tax
Education
Client Portal
Board Training
Financial Reporting
Tax Compliance
Highlights and features
- We specialize exclusively in community association accounting with 20+ years of focused experience.
- Our streamlined five-step process ensures efficient, transparent service delivery from start to finish.
- We provide educational resources and industry insights to empower board members and managers.
- Our team maintains rigorous adherence to Generally Accepted Accounting Principles and auditing standards.
- We offer nationwide service with localized expertise across diverse association types.
Services
Audit Services
Our audit services provide the highest level of assurance for community association financial statements. Conducted in accordance with Generally Accepted Auditing Standards, these engagements involve comprehensive testing and risk assessment to ensure accurate reporting. We deliver detailed findings and recommendations to help associations maintain financial integrity and compliance.
Tax Compliance
We specialize in community association tax preparation, including Form 1120-H and 1120 filings. Our experts ensure proper tax treatment of assessment income, external revenue streams, and reserve considerations while maintaining full IRS compliance for residential and commercial associations.
Review Engagements
Our review services offer cost-effective assurance through analytical procedures and management inquiries. While less extensive than audits, these engagements identify material modifications needed for GAAP compliance, providing valuable insights for association financial reporting.
Compilation Reports
We prepare GAAP-compliant financial statements without assurance, applying our industry expertise to present association financial data accurately. This service focuses on formatting and presenting management-provided information in standard financial statement format.
Agreed-Upon Procedures
We conduct customized AUP engagements to address specific association concerns. Working directly with boards, we develop tailored procedures to investigate accounting issues, verify transactions, or examine financial processes with documented findings and recommendations.
People
Jeremy Newman
CPA
Jeremy Newman leads Newman Certified Public Accountant, PC with over 20 years of specialized experience in community association accounting. He developed the firm's streamlined audit process and client portal to improve service efficiency while maintaining rigorous compliance standards.
Questions
What types of community associations do you serve?
We work with all association types including condominiums, townhomes, single-family homes, mixed-use developments, and commercial associations nationwide.
What accounting standards do your audits follow?
Our audits comply with Generally Accepted Auditing Standards and Generally Accepted Accounting Principles (GAAP).
Do you handle both audits and tax compliance?
Yes, we provide comprehensive services including audits, reviews, compilations, tax preparation, and agreed-upon procedures engagements.
How does your client portal improve communication?
The HOACPA Client Portal streamlines document sharing, reduces email clutter, and keeps engagements moving efficiently with secure access.
What educational resources do you offer?
We provide specialized training on financial statements, tax compliance, budgeting, and accounting controls for board members and managers.
How do you ensure timely service delivery?
Our standardized five-step process combined with dedicated client communication ensures predictable timelines and on-schedule reporting.
