#19071
Jimmy-T
Keymaster

    Just to reiterate and clarify, an audit is not required by schemes of under 100 lots but it can be agreed to commission one.

    If an audit is commissioned, it has to be conducted by a certified auditor.

    A small scheme like yours would only employ an auditor if there was some concern about financial mismanagement.

    The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.