Wherry Associates maintains separate bank accounts for each client association. We are responsible for all aspects of the associations' financial transactions, including the preparation ,with an outside accounting firm, of necessary tax filings. Financial statements are also prepared by Wherry Associates, normally on a quarterly basis.
We have a bookkeeper to maintain individual accounts, as well as an independent accounting firm that audits Wherry Associates annually and periodically checks different accounts to ensure transparency and compliance with strict accounting practices. Should your association wish to maintain an annual audit, we would assist the audit firm with the preparation. It should also be noted that all employees of Wherry Associates are bonded.