A condominium or strata audit is one of the most repetitive, document-heavy, deadline-bound engagements a CPA firm performs — and one of the most frustrating things a board waits on. We built Condo Audit Pro to fix the part that wastes everyone’s time, without ever touching the part that needs a CPA’s judgment.
None of these is a software problem. They’re a time problem — which is exactly why a cheaper tool never solved them.
Across Ontario, a condominium corporation generally must have its financial statements audited every fiscal year. In British Columbia and Alberta the audit is often driven by bylaws, lender requirements, or an owners’ vote — so for a great many corporations it still happens, year after year. The result is a steady, recurring, deadline-bound engagement that a board cannot simply skip.
Most of a condominium or strata audit is not judgment — it is assembly. Re-keyed trial balances, bank statements matched line by line to the ledger, invoices chased down, owner receivables aged, reserve and operating funds kept apart, the same questions asked of the property manager two and three times. The thinking that needs a CPA’s licence is a small slice. The hours are spent getting to it.
On a typical condominium audit, the tooling a firm pays for is a rounding error against the engagement fee. The real cost is staff time: organizing, extracting, comparing, tying out, and following up. Roughly half of what an audit costs a firm to deliver is labour. So the only thing worth changing is the hours — not the software line.
Condominium and strata year-ends cluster, and boards need statements ready in time for the AGM. That pushes the bulk of the work into a short, punishing season where a growing firm simply runs out of senior hours — and starts turning audits away, not because the work isn’t profitable, but because there aren’t enough hands.
If the real cost of a condominium or strata audit is staff time, the only improvement worth building is one that returns those hours — the assembly, the matching, the tie-outs, the chasing — while leaving every professional judgment exactly where it belongs: with the licensed CPA. That single idea is the whole reason Condo Audit Pro exists.
Generic audit tools treat every engagement the same. But a condominium audit carries province-specific rules in its bones: Alberta’s reserve fund and condominium legislation, British Columbia’s operating fund, contingency reserve fund, and depreciation-report wording, and Ontario’s reserve fund study and condominium reporting. The funds, the terminology, and the output documents are different in each.
We built Condo Audit Pro province-first — Alberta, British Columbia, and Ontario each handled in their own terms — so the file a CPA reviews already speaks the right language for the right province, not a one-size-fits-all template bent to fit.
A condominium or strata audit touches a CPA firm, a property manager, and a board — and wastes time for all three. Condo Audit Pro was built for each of them.
The grind today: You can win more condominium and strata work than you can staff. The preparation grind — not the judgment — is what caps how many files your team can close before the AGM rush.
With Condo Audit Pro: The platform does the assembly and the deterministic checking, ties the file out, and hands your CPA a province-correct draft with only the judgment fields left to decide. You take on more audits without adding a senior.
The grind today: You answer the same audit questions across a dozen email threads, forward the same invoices twice, and chase board members for sign-off — for every building you manage.
With Condo Audit Pro: One secure portal per corporation. Upload once, answer once, track every building in one place — and the requests stop scattering across your inbox.
The grind today: The audit feels like a black box. You hand over records and wait, unsure what’s missing or when the statements will be ready for your AGM.
With Condo Audit Pro: A clear view of exactly where your audit stands, a plain-language summary alongside the full financial statements, and your board-ready package on time — without the back-and-forth.
Most firms run condominium and strata audits on some mix of these three. Each works — and each leaves the same expensive gap.
Infinitely flexible, and infinitely manual. Every schedule is rebuilt by hand, every document chased by email, and nothing carries forward. The file “works” — at the cost of the season’s hours.
Solves the collection problem and stops there. The files arrive in one place — then a person still reads, matches, maps, tests, and assembles everything by hand. Storage isn’t preparation.
Strong on trial balances, working papers, and sign-offs — built for every industry, so it doesn’t know unit fees, reserve funds, or strata terminology. The condominium-specific middle layer stays manual.
Condo Audit Pro is built for that middle layer — the condominium and strata specific preparation the other tools leave to people — and it can run as the whole workflow or alongside the systems your firm already uses. Curious what a complete file needs? Start with the audit checklist.
This is the part we’re proudest of, and the part a CPA cares about most: the platform drafts, organizes, compares, and suggests — but it never approves a sample, resolves a flag, signs a report, or closes a file. Where a professional judgment is required, the file is left open for the CPA to decide. On purpose.
A tool that quietly fills in the judgment is a tool no auditor can trust. One that does the heavy preparation and then stops at the professional line — and shows you exactly where it stopped — is one you can put your name behind. That boundary isn’t a limitation. It’s the whole point.
We’ll walk your firm through the whole workflow, end to end — then size the pricing to your volume.
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