Auditing Proposals

I have been searching for a new auditing company and learned that HOA auditors are now asking for financial statement and tax documents. Is this the new norm? Does anyone know a firm that can provide a proposal in the metropolitan area? Thanks

An actual audit would indeed ask for the following:

Ledgers - previous year and audit year
Copy of all Governing Documents
Tax returns
Financial statements
Bank Statements
etc.

You may have had Financial Reviews previously.

I had received the following from our CPA a few years ago:

The difference between an audit and a review is the depth of the examination but the financial statement and notes would be identical. However the review report would state a review is substantially less in scope than an audit and the degree of assurance is not that of an audit. In addition, an audit requires bank confirmations and legal representations which your bank and your attorney would probably charge the association to complete, although the cost should be nominal. A review does not require these third party confirmations.