Insights

Condominium & strata audit insights

Practical articles on condominium and strata audits across Alberta, British Columbia, and Ontario.

Case Study: A Complete Alberta Condo Audit, Checked Against a Known Answer
Alberta · Case study

Case Study: A Complete Alberta Condo Audit, Checked Against a Known Answer

We built a full Alberta condominium audit file with every answer documented in advance, then ran it through Condo Audit Pro from the board's first upload to the CPA's close.

3 min readBy the Condo Audit Pro team
Case Study: A Complete BC Strata Audit, Checked Against a Known Answer
British Columbia · Case study

Case Study: A Complete BC Strata Audit, Checked Against a Known Answer

We built a full BC strata corporation audit file with every answer documented in advance, then ran it through Condo Audit Pro from the council's first upload to the CPA's close.

3 min readBy the Condo Audit Pro team
Case Study: A Complete Ontario Condo Audit, Checked Against a Known Answer
Ontario · Case study

Case Study: A Complete Ontario Condo Audit, Checked Against a Known Answer

We built a full Ontario condominium audit file with every answer documented in advance, then ran it through Condo Audit Pro from the manager's first upload to the CPA's close.

3 min readBy the Condo Audit Pro team
Auditing an Ontario Condominium Corporation: A CPA's Walkthrough
Ontario · For CPAs

Auditing an Ontario Condominium Corporation: A CPA's Walkthrough

A practical walkthrough of an Ontario condominium corporation audit, from appointment at the AGM to the audited statements in the owners' package.

6 min readBy the Condo Audit Pro team
Condo board members reviewing a reserve fund study report and building records at a meeting table
Ontario · For condo boards

Ontario Condo Reserve Fund Study: Every Three Years

Ontario condominium corporations update their reserve fund study at least every three years. Here is how boards can plan each cycle, keep the right records and connect the study to the annual audit.

6 min readBy the Condo Audit Pro team
Strata council members reviewing a depreciation report binder and building plans in a meeting room
BC · For strata councils

BC Depreciation Report Requirements for Strata Corporations

BC's depreciation report rules changed in 2024 and 2025. Here is what a strata council should confirm about its own obligations, its records and how the report connects to the year-end audit.

6 min readBy the Condo Audit Pro team
Audit staff at a desk comparing a trial balance on screen with a printed bank statement
All provinces · For CPAs

Condo and Strata Audit Software: Common Questions From CPA Firms

CPA firms weighing condo and strata audit software usually ask the same things: what it actually does, what stays under CPA control and how it handles Alberta, BC and Ontario files. Here are plain answers.

6 min readBy the Condo Audit Pro team
Condo board members walking a building roof with a reserve fund study provider who is taking notes
Alberta · For condo boards

What Is a Reserve Fund Study in Alberta? Condo Reserve Fund Guide for Boards (2026)

A plain guide for Alberta condo boards: what a reserve fund study is, when one is required, how the study, report and plan fit together, and how the reserve fund shows up in the annual audit.

6 min readBy the Condo Audit Pro team
Strata council members reviewing a depreciation report beside the roof and exterior of a low-rise residential building
BC · For strata councils

Depreciation Report BC: A Practical Guide for Strata Corporations

What a BC depreciation report is, which strata corporations need one, what it must contain, what affects the cost, and how it connects to strata fees, the contingency reserve fund and the year-end audit.

7 min readBy the Condo Audit Pro team
Property manager sorting labelled folders of bank statements, invoices and meeting minutes on a desk in a condominium office
Alberta · For condo boards

Condo Audit Checklist Alberta: Documents Your Auditor Needs

A document-by-document condo audit checklist for Alberta boards and property managers, with why the auditor needs each item and what happens when it is missing.

6 min readBy the Condo Audit Pro team
Condominium board members at a meeting table reading a copy of their registered bylaws and last year's financial statements
Alberta · For condo boards

Condo Audit Requirements in Alberta: What the Law Actually Says

Does an Alberta condominium corporation have to be audited? What the Condominium Property Act requires, where the audit requirement usually comes from, and how boards can check their own obligations.

6 min readBy the Condo Audit Pro team
Condominium board treasurer comparing two audit engagement proposals at a desk with a calculator and the corporation's financial statements
Alberta · For condo boards

How Much Does a Condo Audit Cost in Alberta? What Sets the Fee

There is no set price for an Alberta condo audit. Here is what drives the fee, how to get quotes you can compare, and what a board can do to keep audit hours down.

6 min readBy the Condo Audit Pro team
An accountant reviewing strata financial statements and bank records on a laptop at an office desk
British Columbia · For CPAs

BC Strata Audits Need More Than Generic Working Papers

A BC strata file is built around the operating fund, the contingency reserve fund, strata fees and owner approvals. Generic working papers handle the shell; the strata-specific middle still needs its own structure.

6 min readBy the Condo Audit Pro team
An auditor comparing a general ledger printout with bank statements at a desk in an office
Alberta · For CPAs

Alberta Condominium Audits: Why GL Matching and Reserve Fund Work Slow the File Down

Alberta condominium audits lose time in the same places: tying the ledger to the bank and the trial balance, supporting invoices, and rebuilding the reserve fund story. Here is how to make that work exception-based without reducing CPA judgment.

5 min readBy the Condo Audit Pro team
A property manager and an accountant sorting condominium bank statements, invoices and board minutes at a meeting table
Ontario · For CPAs

Why Ontario Condominium Audits Get Stuck Before the CPA Reviews the File

Ontario condo audits often stall before the real review begins. The delay is rarely judgment; it is collecting documents, tying the ledger, testing common expense revenue and rebuilding the same file every year.

6 min readBy the Condo Audit Pro team
An accountant working late at a desk covered with condominium bank statements, invoices and a laptop showing a spreadsheet
All provinces · For CPAs

Why Condominium & Strata Audits Take So Long — and Where the Hours Actually Go

Condominium and strata audit hours rarely disappear into professional judgment. They go into chasing documents, re-keying figures, matching the ledger, mapping accounts, testing fees and rebuilding the same schedules every year.

6 min readBy the Condo Audit Pro team