CPE Credit: 2 hours

Auditing homeowner associations for fraud has a unique skill set. One of the biggest risks is a conflict of interest for HOA board members and managers. Even property management teams can have issues. Unfortunately, the board of directors for a homeowner’s association usually consists of homeowners with personal agendas and little knowledge of accounting or corporate governance. Internal controls are usually lax or nonexistent. The board or board members might try to impede or curtail the investigation because of their own self-interest.

Topics Covered

• Auditing homeowner associations for fraud 

• Risks associated with auditing homeowner associations for fraud 

• Identify issues in conducting a fraud investigation for a homeowner’s association