Each province has its own terminology, funds, and reporting expectations. Condo Audit Pro keeps those differences separate — while each CPA firm configures its own audit approach inside the province it operates in. See how it works or why we built it.
Built for Alberta condominium corporations and boards, with workflows that fit the context of Alberta’s Condominium Property Act — reserve fund language, annual condominium audit workflows, document checklists, and CPA-ready outputs.
Condominium corporation and board terminology
Reserve fund language and reserve fund reporting
Alberta financial statement lines and output templates
Alberta-specific defaults, audit checks, and report wording
Designed around British Columbia strata corporations and strata councils, reflecting the context of the Strata Property Act — operating fund, contingency reserve fund, depreciation report wording, strata lot terminology, and BC strata output templates.
Strata corporation and strata council terminology
Operating Fund and Contingency Reserve Fund (CRF) wording
Depreciation report references
BC strata financial statement lines and output templates
Built for Ontario condominium corporations and boards operating in the context of the Condominium Act, 1998 — reserve fund study wording, owner reporting, annual condominium audit workflows, and Ontario output templates.
Condominium corporation and board terminology
Reserve fund study wording and references
Ontario reporting structure and board reporting
Ontario financial statement lines and output templates
One condominium or strata audit touches several people. Condo Audit Pro works for all of them across Alberta, British Columbia, and Ontario.
CPA firms
Condominium & strata corporations
Property managers
Condo & strata boards
For each province, the platform assembles the full condominium or strata audit package in the right wording — ready for the CPA to review and sign.
Independent Auditor’s Report
Financial Statements (restricted-fund)
Management Representation Letter
Communication to Those Charged with Governance (TCWG)
Planning & Materiality Letter
Significant Deficiencies & Adjustments
The terminology and reporting differ in each province. Here’s how they compare at a glance.
| Feature | Alberta | British Columbia | Ontario |
|---|---|---|---|
| Entity | Condominium corporation | Strata corporation | Condominium corporation |
| Governing context | Condominium Property Act | Strata Property Act | Condominium Act, 1998 |
| Audit required? | Not by statute — driven by bylaws, lenders, or an owners’ vote | Not by statute — decided by bylaws or a general-meeting vote | Yes for 25+ units; under 25 may waive with unanimous written consent, renewed annually |
| Annual statements | Annual financial statement plus reserve fund report to owners | Prescribed contents presented at the AGM (Reg 6.7) | Within six months of fiscal year-end (s. 66) |
| Reserve fund term | Reserve fund | Contingency reserve fund | Reserve fund |
| Operating fund term | Operating fund | Operating fund | Operating fund |
| Governance body | Board | Strata council | Board |
| Reserve study | Reserve fund study | Depreciation report | Reserve fund study |
| Output templates | Alberta wording | BC wording | Ontario wording |
Province templates define the legal and reporting structure. Firm settings define how each CPA firm wants to run the audit — materiality, sampling rules, variance thresholds, cutoff windows, matching tolerances, management-fee benchmarks, and more — applied consistently while professional judgment stays with the CPA. Common questions are answered on our FAQ.
Each province has its own page — the terminology, the funds, the reporting, and the output documents, written the way that province words them.
Reserve fund language, Alberta statement lines, and output documents in Alberta wording.
Read more Strata corporationsOperating and contingency reserve funds, depreciation report references, and BC strata templates.
Read more Condominium corporationsReserve fund study wording, board and owner reporting, and Ontario output documents.
Read moreWe’ll walk your firm through a real condominium or strata audit, end to end.
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