One British Columbia strata corporation, from the strata council’s first upload to the CPA’s close. Press play, or jump to the part you want to see.
Every name in this walkthrough is fictional. The figures were set in advance, so each result on screen can be checked against a known answer.
The firm sets up the strata corporation and its council members, and the file opens with British Columbia wording throughout.
The council uploads its records once, answers the intake, and re-uploads anything the CPA asks for again.
Two hundred and fifty strata lots and their unit entitlement read from the registered strata plan, checked against the plan’s own total.
Nothing is processed until a person verifies every document. Then the ledger, trial balance and statements are read.
Two managers in one year. The handover balances are compared, and the management fee is checked against both contracts.
Every ledger line tested against the bank, and every bank line against the ledger, so what was never recorded is found too.
Three thousand lot-months tested against the approved two-rate fee schedule. The exceptions are found without anyone looking for them.
The entries are proposed with their working. The CPA accepts each one, and the trial balance balances.
Procedures arrive filled from the file’s own evidence, including the contingency reserve fund and the depreciation report. The CPA reviews, edits and signs.
The auditor’s report, the statements and the letters to the strata council. Locked wording, filled from the audit.
Fifteen gates. Only the CPA can close, and the database enforces it. The package is sealed and kept.
Last year’s closings become this year’s openings, the strata lot roster comes across, and what was left open is waiting at the top of the file.
Every source document opens beside the screen the CPA is on: the statement beside the bank rows, the invoice beside its checklist.
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