Question about Audits
I just joined our HOA board as President two months ago. Our board completely turned over this year - our longest serving member signed on in July of last year. The HOA has been a complete mess. The irrigation for common areas has leaks everywhere, landscaping updates have been promised for years and have never happened, and the previous board didn't do anything, to be honest.
Our management company just sent us the audit for this year from last year's finances. The first sheet says that we agree that the management company gave the auditors all of the correct information.
None of us on the current board has any idea if any of this is true.
We have no idea if this audit is correct or not, and they are asking either myself as President or the Treasurer to sign it.
Anybody have any experience in this? I know these wouldn't be legal opinions, I just thought I can't be the first person in the world to have this happen and would see if anybody has any suggestions.