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.
Ontario condominium audits carry their own requirements under the Condominium Act, 1998: the owners appoint the auditor, fees follow the proportions in the declaration, and the reserve fund and any special assessment need careful work. To show how Condo Audit Pro handles a demanding Ontario file, we built one ourselves, documented every answer in advance and ran it screen by screen.
The test file
The corporation is fictional: 250 residential units in a 25-storey tower, in three unit types, with common expense proportions in Schedule D totalling 100 per cent. The management company changed on July 1, so the general ledger comes in two parts, 5,648 lines in all. The year includes a special assessment for a major project, alongside the operating and reserve funds.
| What was planted | The documented answer |
|---|---|
| A trial balance that does not balance | Out by $2,015 |
| An amount in the trial balance with no ledger support | $2,375 |
| A supplier invoice posted on one side only | $360 |
| Fee exceptions across the year | 14 |
| Matters for the management letter | 9 deficiencies |
| Adjusting entries needed | 17 |
What happened
The manager uploaded the records against a checklist built for an Ontario corporation. The software read both parts of the ledger, the trial balance and the bank statements, and tied the trial balance to the ledger account by account. It explained the $2,015 difference in two parts: $2,375 with no ledger support, less the $360 one-sided invoice.
The fee test checked every unit, every month, against the Schedule D proportions and the approved budget, and listed the 14 exceptions for the CPA. Differences across the trial balance, invoices and bank became proposed entries, each with its evidence; the CPA accepted the 17 entries and the trial balance balanced. Materiality was suggested at 2 per cent of operating fund revenue, editable by the CPA.
Working papers arrived pre-filled from the firm's own procedure wording, in Ontario terms, and the deficiency register was drafted from the findings for the CPA to edit.
The result
Every finding matched the answer key: the fund balances for the operating fund, the reserve fund and the special assessment fund, total assets of $2,136,030 and total liabilities of $694,278. A staff account could not close the file; the CPA closed it, and the opinion was the CPA's.
Common questions
Was this a real condominium corporation?
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 Ontario walkthrough, or book a demo and run one of your own files with us.
Where can I read more about Ontario?
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.
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.