Forensic auditing of strata accounts

The SM convinces most of the OC that there is no need for an audit. Our SP has not been audited for over a decade.

Thank you Whale. You really are very helpful. And, we don’t have a new SM, we’re hoping to get one. We want to see everything held by the OC & its representative/s, which means the SM. We have everything ready to go (cameras, scanners & photocopiers of our own). We expect he’ll do one of two things; either have hardly any documents or present us with a flood of them. Our final piece of preparation is the legal advice on a related matter, for which we have gone to one of this forum’s sponsors. We have spent the last two years reading the Act, along with relevant regulations & policies & anecdotal evidence, discussed here & elsewhere on the net. Ultimately, we decided to seek legal opinion, because without prior personal experience of these matters, our efforts have been much like trying to cook a fancy meal out of a recipe book. There is always something missing from a recipe & that is the experience & flair of the cook. As they say, “put your money where your mouth is” & we’ve now done that.