Support financial information provided with AGM Notice documentation

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  • 19/05/2015 at 10:58 am #10046 Reply | Quote
    Enough of Strata
    Flatchatter

      Our (NSW) Strata Manager, while providing a summary of Income and expenditure (in accordance with the Act) has however only over several years provided a summary of transactions (cheques drawn) to ONE of the many expense accounts (which was an incidental expense) and “NOTHING” for any of the revenue accounts.  This I considered was irregular.

      It is my  view that ALL expense accounts should have the related transaction information detailed. (Cheques drawn details) I view it as potentially sloppy admin and worse that the Executive Committee has not thought it important to bring u. I have raised it with the EC.

      Am I correct about this ?

      In relation to the Revenue Account, I believe that they also should be provided.

      The revenue account I consider should likely be in the form of a schedule of contributions per unit, so as to identify any lot that is in arrears at the date of the accounts preparation.   Am I correct about this ?

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    Reply To: Reply #23670 in Support financial information provided with AGM Notice documentation
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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