Over the last 10 years we have developed solid business relationships by providing excellent and attentive service. We skillfully handle community association audits, reviews, tax returns, and other engagements for associations of all sizes and complexities. Our team works with many of the leading community association management companies throughout California and other western states.

Client Services

At Newman and Associates, Inc., we offer a wide range of services customized for your association’s needs.  We provide high-quality reports and returns while remaining accessible to our clients on a day-to-day basis. 

Our most requested services include:


Auditor obtains a high, but not absolute, level of assurance about whether the financial statements are free of material misstatements. Auditor provides an opinion as to whether the financial statements present fairly, in all material respects, the association’s financial position, results of operations and cash flows.


Required by California Civil Code §5305 for associations with more than $75,000 in gross income.  Accountant obtains limited assurance that there are no material modifications that should be made to the financial statements. No assurance provided to the user of the financial statements.


This service does not contemplate performing inquiry, analytical procedures, or other procedures ordinarily performed in a review.  We do not ordinarily obtain or provide any assurance that there are no material modifications that should be made to the financial statements.

Tax Returns

All associations are required to file tax returns.

California Form 3500

Franchise Tax Board Application for Exemption - residential associations seeking exemption from California’s annual corporate minimum franchise tax of $800.

Agreed-upon procedures engagements

Specially selected procedures applied to financial records with a specific purpose.  Procedures pre-approved by the Board of Directors.

Our Team

Our team of auditors, tax specialists, and administrative staff are carefully selected to ensure integrity, efficiency, and professionalism.