The answers to what CPA firms, boards, and property managers ask most about condominium and strata audits on the platform. The platform prepares; the CPA decides, signs, and closes. See also how it works, pricing, and the province workflows.
No. The platform prepares and organizes the audit file. Professional judgment, the audit opinion, sign-off, and final responsibility remain with the licensed CPA firm.
No. It prepares the condominium and strata audit workflow and working papers — document intake, ledger-to-evidence matching, sampling, flags, and a province-correct draft package. It complements the way your firm already finalizes and signs an engagement rather than replacing your judgment or your sign-off.
Yes. Staff can help prepare, review, flag, draft, and follow up. Only CPA users can close the audit file — the platform enforces that separation.
Most firms are set up quickly — your firm details, province, templates, and methodology settings are configured up front, and you can run your first audit shortly after. We handle the setup with you rather than leaving you a blank system.
It depends on how quickly the corporation provides documents, but the preparation work that normally takes the longest — assembling the file, matching the ledger, preparing samples — is done by the platform, so the first audit moves faster than doing it by hand.
Prior-year figures are used for the comparatives every audit needs, and each year’s engagement is retained in full so the trail carries forward. Talk to us about bringing in your existing prior-year records during setup.
Yes. Output templates follow each province’s wording, and your firm can configure how the audit runs on top of those defaults — see how the two layers work on the Provinces page.
Yes. Alberta condominium corporations, British Columbia strata corporations, and Ontario condominium corporations each have their own terminology, templates, and output documents.
Yes. Materiality, performance materiality, the clearly-trivial floor, sampling rules, variance thresholds, cutoff windows, and matching tolerances are all firm settings — set the way your firm works, applied consistently, with the CPA concluding.
Yes. Multi-province and multi-office operation is handled through linked accounts under one commercial licence, so each province keeps its own rules, templates, and output documents.
Yes. First-year condominium and strata audits are supported, including the additional opening-balance and prior-period considerations an initial engagement requires — with the CPA making the professional judgments throughout.
Yes. Reserve fund (and, in BC, contingency reserve fund and depreciation report) records are part of the condominium and strata audit workflow, handled in each province’s own terms.
No. Pricing is based mainly on completed audit volume, with user limits depending on the plan. Your whole team can work in the platform while the cost stays tied to audit output. See the Pricing page for the shape of it.
No. The fee is flat — it does not change with a building’s unit count or a corporation’s revenue. You keep the fee you charge your clients.
No. Plans do not include source code, resale rights, white-label rights, exclusivity, or ownership of the platform.
No. The platform can draft client questions from the flags, but a CPA or authorized firm user must review and approve before anything is sent.
No. A person resolves, excepts, or escalates every flag. Nothing clears automatically.
Clients see their own upload checklist, what is missing, the CPA’s questions, their replies, requested invoices, and their final released package. They never see CPA working papers, internal judgments, firm-only flags, or review notes.
Yes. Each year’s engagement is retained in full — every upload, check, flag, question, and decision — so the trail is available for any future practice review.
Alberta condominium corporations, British Columbia strata corporations, and Ontario condominium corporations are supported today, each with its own terminology, templates, and output documents.
Sign-in is protected with multi-factor authentication, and access is role-based — Super Admin, Firm Admin, CPA, Staff, and Client each see only what their role allows, enforced at the database level.
Yes. Documents are stored in private, access-logged cloud storage and encrypted in transit. Each firm’s environment is isolated — no client audit data is ever shared between firms.
Yes. Uploads, confirmations, changes, approvals, findings, resolutions, versions, and close activity are recorded, so every number in the file has a visible history.
Records are stored securely in Canada. Each firm and each corporation only ever sees its own information.
No. The platform prepares the audit file and drafts suggestions. The CPA reviews, approves, signs, and closes.
No. It reduces repetitive preparation work so staff can spend more time reviewing exceptions, following up, and supporting the CPA.
Condo boards and property managers use the client portal when invited by their CPA firm. Full audit workflow access is for CPA firms.
No. Client audit files are processed for the firm’s engagement workflow and are not used to train public AI models.
It depends on the province. In Alberta the audit is driven by the corporation’s bylaws, lender requirements, or an owners’ vote. In British Columbia the Strata Property Act does not mandate an audit — it is decided by the strata’s bylaws or a vote at a general meeting. In Ontario an audit is generally required under the Condominium Act, 1998, though corporations with fewer than 25 units can waive it by unanimous consent. See the province workflows for the details that apply to you.
A licensed CPA firm independent of the corporation. The board appoints the auditor in line with its bylaws or, in Ontario, at the annual general meeting — and the auditor examines the financial statements, reserve or contingency fund, owner fees, and supporting records.
It varies with the corporation’s size, fund structure, and the state of its records — most firms quote per engagement rather than a flat market rate. The single biggest thing a board can do to keep the cost down is arrive with a complete document set; see the audit checklist for exactly what to gather.
With a complete document set, the preparation moves in days rather than weeks. Most delays come from missing records — reserve fund statements, minutes, or arrears listings — not from the audit work itself.
Tell us about your firm or your corporation and we’ll walk you through it.
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