Common Interest Realty Associations, also known as CIRAs, are complex legal and financial entities. Condo financial management can be a challenging endeavor, and more CIRA administrators are choosing professional CIRA accounting services than ever before.
When choosing a firm to perform a CIRA audit, only select the top specialists available. The certified public accountants (CPAs) at Miller & Company, LLP have the expertise you need for your CIRA accounting services. Experience the difference a proactive CIRA accounting professional can make for your organization.
A common interest realty association governs the interests of communities with a common purpose. CIRAs may oversee operations of residents in communities, such as:
The association follows a set of rules that often are given over to a subcontracted property management company to fulfill. Members of the community fund the association through assessments on their dwellings.
A vast number of Americans participate in CIRAs. It’s estimated that about 12 percent of American households live in a community that’s part of a CIRA. The major characteristics of CIRA housing include:
Read more at https://www.cpafirmnyc.com/cira-accounting-audits
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