Audit for small sectional title scheme - 5 units

SianD

Active Member
Joined
Feb 17, 2017
Messages
84
#1
Anyone know a small audit company that can do the audit for our complex? We are only 5 units and have absolutely no money so can't go to one of the big audit companies because they are too expensive! And after all, we are a tiny complex. It is a really simple audit :) Any referrals?
 

vavyn

Well-Known Member
Joined
Jan 7, 2009
Messages
290
#2
What is the purpose of the audit. Is it for bank loans or the complex met the PIS score etc.
 

SianD

Active Member
Joined
Feb 17, 2017
Messages
84
#3
It is a requirement by law that all sectional title complexes are audited every year so it is purely to meet with that requirement.
 

Venomous

Honorary Master
Joined
Oct 6, 2010
Messages
50,466
#4
It is a requirement by law that all sectional title complexes are audited every year so it is purely to meet with that requirement.
I trust you have registered your complex and have a 10 year maintenance plan and RXXXX(depends on complex size and levies) put away in a seperate account.
And.. And... And....

Failing which you are in for some hurt. Coz you might need to take a special levy to gain that amount....
 
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