Orlando, FL (January 27, 2012) — Central Florida’s largest independent accounting firm, Averett Warmus Durkee Osburn Henning, CPAs (AWDOH), has once again released its highly acclaimed comparative review of Florida timeshare homeowner associations (HOAs) financial performance. This second annual study looks at the figures from approximately 100 Florida timeshare resort HOAs and compares data accumulated over an eight-year period.
AWDOH Partner Tom Durkee CPA says, “We produced the first of these last year as a service to our timeshare/vacation ownership companies and homeowner associations clients for whom we provide tax, accounting and auditing services. As a service to timeshare resorts everywhere, we are happy to make this information available, free-of-charge, to any interested party.”
ARDA President Howard Nusbaum says, “We commend AWDOH for undertaking this study and releasing their findings to the community at-large. The information will probably substantiate what many resort operators are already finding to be true and in other cases, it may prove to be a wake-up call.”
“The creation of these two studies called for an intensive research project to empirically review HOA financial statements and operational data over multiple years,” says AWDOH Partner Lena Combs. “In these studies, our AWDOH team compiled and compared the data of approximately 100 Florida resorts.”
For more information about the project, contact Tom Durkee (firstname.lastname@example.org) or Lena Combs (email@example.com) at 407-849-1569. To request a copy of the Executive Summary of the 2011 report, send an email request to firstname.lastname@example.org and include your name, company name, phone number and email address.
About Averett Warmus Durkee Osburn Henning CPAs
Averett Warmus Durkee Osburn Henning (AWDOH) provides timeshare/vacation ownership companies, owners associations and other clients with assurance, accounting and tax compliance services. As the largest, independent CPA firm in Central Florida, AWDOH (www.awdoh-cpa.com) provides consulting services to clients for business acquisitions and disposition, including recruiting and training their employees, and advising clients on ways to improve their internal processes while providing them with relevant information needed to make timely, critical decisions. For further information about AWDOH’s timeshare department, contact Tom Durkee (email@example.com) or Lena Combs (firstname.lastname@example.org) at 407-849-1569.
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