Adams, Jenkins & Cheatham CPAs

AJC currently serves hundreds of common interest real estate associations (CIRAs) in the Mid-Atlantic region.

Our clients include homeowner associations, residential and commercial condominium and townhome associations, housing cooperatives, development and master planned communities, planned unit developments and others. Our clients range in size from less than one hundred to thousands of owners and many of these associations have common amenities such as multiple pools, extensive fitness facilities, tennis courts, golf courses, parks and more. These organizations have unique financial reporting requirements and tax compliance concerns and AJC’s extensive experience with CIRAs has made us a leader in this industry.

AJC is comprised of highly responsive, dedicated professionals with decades of experience in the CIRA industry. We are intimately familiar with the operations and management of a CIRA and AJC stays current on association developments, issues and changes in state statutes to ensure that you receive the highest quality service and expert guidance.

We Can Provide The Following Services For This Industry Category:

  • Financial statement audits, reviews and compilations
  • Income tax planning, preparation and consultation
  • Assistance with budgeting and cash flow forecasting
  • Special assessment analysis
  • Analysis of funding for future major repairs and replacements reserves and special projects
  • Financing alternatives for capital and deferred maintenance projects
  • Review of association compliance with statutes and governing documents
  • Tax credits (land preservation and other)
  • Qualified land contributions
  • Annual income tax elections
  • Agreed upon procedures
  • Internal controls
  • Review of policies and procedures
  • Benchmarking analysis
  • Developer and other legal settlements
  • Employee benefit plan audit

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