2009-2013

Review
Cost
Audit
Cost
Audit
Cost
1
Curry & McClain PS,
Vancouver, WA
3; well crafted bid $4,000 $6,500 not bid
performed 1998 Audit
2
TheodoreP. Shermin,
Washougal, WA
n/a n/a n/a n/a
Declined to bid; practice is limited to tax
compliance and litigation support.
3
Paulson & Lessard,
Camas, WA
n/a n/a n/a n/a
Declined to bid, does not perform
condominium audits.
4
Barrett & Company
Camas, WA
n/a n/a n/a n/a
Declined to bid, do not perform audits
of homeowners associations.
5
Joseph H. Vandal, Inc.
Bellevue, WA
1; unclear bid not bid not bid $10,000
Prepares Crestwood Terrace taxes.
6
Schwindt & Co.
Portland, OR
3; well crafted bid $2,000 $3,500 $12,500
Member of CAI; Community Assoc. Institute.
7
Spectrum CPA Group
LakeOswego, OR
3; well crafted bid
GAAP: $3,100
Cash Basis: $2,800
GAAP: $6,500
Cash Basis: $5,700
GAAP: $27,000
Cash Basis: $23,000
Member of CAI; Community Assoc. Institute.
25 employee Co.
8
Ihde CPA
Beaverton, OR
n/a n/a n/a n/a
Member of CAI; Community Assoc. Institute.
Declined to bid, not taking on new audit
clients at this time
3
2
1
Notes
1 GAAP: Generally AcceptedAccounting Principles.
2 Cash Basis:
Crestwood Terrace Condominiums
Annual Financial Audit - Audit Company Selection
2013
# Audit Company
Audit
Proposal
Ranking
Bid proposal documents poorly crafted, unclear, and incomplete; audit/review deliverables not clearly
Bid proposal documents well crafted, thorough, and complete; audit/review deliverables clearly defined.
Bid proposal documents OK; audit/review deliverables not clearly defined.
Audit Proposal Ranking:
Notes
Financial Audit - Committee Charter-2014