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

By the Condo Audit Pro team· 3 min read· 2 views
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.

The client
A 50-unit Alberta condominium corporation built as a test file: 40 apartments and 10 townhomes, unit factors totalling 10,000, with every name fictional and every expected result written down before the run.
The challenge
The file was built to be hard. The trial balance did not balance, an invoice was posted short, fees were wrong for three units in three different months, and reserve fund interest landed in the operating account.
What the platform did
The board uploaded its records to the client portal. The software read the ledger, trial balance and bank statements, tied the trial balance to the ledger account by account, matched sampled invoices, tested every unit's fees month by month and proposed adjusting entries for the CPA to accept or dismiss.
The result
Every finding matched the answer key. The trial balance went from out by $710 to balanced after three entries the CPA accepted, and the statements showed apartments and townhomes side by side.
Quick answer: We built a complete Alberta condominium audit file with every expected result documented in advance, then ran it through Condo Audit Pro from the board's first upload to the CPA's close. Every finding matched the answer key, and the whole engagement is shown in a walkthrough of about 40 minutes.

Software claims are easy to make and hard to check. So instead of describing what Condo Audit Pro does, we built an Alberta condo audit file of our own, wrote down every answer before we started, and ran the file through the platform screen by screen. This case study sets out what was in the file, what the software found, and how the results compared with the answer key.

The test file

The corporation is fictional: 50 units, 40 apartments and 10 townhomes, with unit factors that total 10,000. Fees differ by unit type. The board's records include a general ledger, a trial balance, bank statements for the operating and reserve accounts, the approved budget and fee schedule, the condominium plan, the reserve fund study and the usual governance documents.

The problems were planted on purpose, and each one had a documented answer:

What was plantedThe documented answer
A trial balance that does not balanceOut by $710
A repairs balance in the trial balance with no ledger support$1,250
A supplier invoice posted short in the ledger$540
Fee revenue below the approved fee schedule$286, across three units in three months
Reserve fund interest deposited to the operating account$4,800 in each account, in opposite directions

What happened

The board uploaded its records to the client portal against a checklist built for the building. The software read the trial balance, ledger and bank statements, built the unit roster and unit factors from the condominium plan, and tied the trial balance to the ledger account by account.

It explained the $710 difference in two parts: $1,250 in the trial balance with no ledger support, less $540 for the invoice posted short. The invoice match found the same $540 from the other direction. The fee test checked every unit, every month, against the approved schedule and found the three exceptions that make up the $286. The bank comparison found the $4,800 interest deposit in the wrong account.

Each difference became a proposed adjusting entry with its evidence. The CPA accepted three of them, and the trial balance balanced. Working papers arrived pre-filled for review, and the statements were produced with the operating and reserve funds and, with the split turned on, apartments and townhomes in their own columns.

The result

Every finding matched the answer key. The CPA still made every judgment: accepting the engagement, signing off, forming the opinion and closing the file. The software did the preparation work around them.

Common questions

Was this a real client?

No. It is a test file we built ourselves, with fictional names and figures, so that every result could be checked against a known answer.

Can I see it?

Yes. Watch the complete Alberta walkthrough, or book a demo and run one of your own files with us.

Does it work the same in BC and Ontario?

The same test was run for British Columbia and Ontario, each with its own law and wording. See how it works.

About the Author

Written by the Condo Audit Pro team at Yabuh Ltd. The platform is the result of 1,000+ hours of development, and its audit logic is built on Canadian Auditing Standards (CAS), ASNPO and each province’s condominium statute. The firm’s own CPA performs and signs the audit. More about how we built it.

Condo Audit Pro

The platform that prepares the file. The CPA decides.

Built for condominium and strata audits across Alberta, BC, and Ontario. Document collection, GL matching, two-fund classification, fee testing — handled before the CPA opens the file.

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