Year-End Financial Statement Posting

The following statement has been released by the Ocean Pines Association:

“It has been customary for OPA to keep the year-end open for longer than the 13 business days that we target to deliver monthly internal financial statements during the other months within the fiscal year. OPA is informing the community that the April year-end internal statements will not be posted to the website within 13 business days. Keeping the period open longer will assist in accomplishing the objective of producing accurate statements, by capturing all fiscal year-end invoices and recording the appropriate accruals and other adjustments necessary prior to turning the financials over to our audit firm, SC&H.”

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