Condo Documents Call for an Audit

E.S. from outside of Connecticut writes:

Dear Mister Condo,

If only an audit is required by a condo declaration does it need to be “certified”?

Mister Condo replies:

E.S., the answer lies in your documents and state law. If neither the documents nor the law require a “certified” audit, then an audit may suffice. The question is, what is the difference between an audit and a certified audit as it pertains to your condo association? For that answer, I am going to refer you to a previous answer from one of my certified public accountant friend, Sam Tomasetti. Here is the link his full response: http://askmistercondo.com/what-is-a-certified-audit/ All the best!

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