Yes. And they always have been.
Below is the cover letter from Brabo & Carlsen LLP, an independent Certified Public Accounting firm, which audited our books for 2014. HIghlighted is the opinion of the CPA.
Each year, our Home Owner's Association Books are audited by an outside, independent CPA firm licensed by the State of California which specializes in auditing the financials of Home Owner Associations.
Each homeowner receives a copy of the report in the mail. Please review the report for yourself and feel free to ask any related questions to "Ask A Question."