If your trust accounts were audited today, would your books pass? The answer may surprise you. Most property management companies are pretty confident that they would pass, and some aren't so sure. Unfortunately, most companies would not pass. APM Help is striving to set a new standard in the industry by helping companies like you clean up their books, and keep them so clean that you can pass an audit on any given day. So, let's answer the lingering question - are your books audit-ready?
An auditor will look over some main categories, and if they don't find any issues with those, then you are generally in the clear. If there are any oddities in their first run-through, then they will dive deeper into your books, and may even request data from previous years. Here are the standard items the auditor will look for:
There are other factors that depend on your state regulations such as:
Are your books audit-ready? Still not sure? Let us take a look and put your mind at ease. You can either email us at info@apmhelp.com, call 281-949-8755, or submit your information on our website: apmhelp.com. We will provide a free 30-minute consultation and get your books on the right track!
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