May 9, 2017 | Strata Corporations
Which Type of Year-end Engagement is Right for Your Strata? “Audit”, “Review”, “Notice to Readers”. These are potentially confusing terminology for the layman Strata Council member. Before you allocate budget to next year’s...
Aug 8, 2016 | Strata Corporations
Balance Sheet The statement of financial position (SFP) or balance sheet is one of the reports commonly presented to Council, Owners and managers for periodic review. This is often a confusing beast for those unfamiliar with it. Hopefully, after reading this article,...
Aug 8, 2016 | Strata Corporations
Income Statement The statement of operations or income statement is one of the reports commonly presented to Strata Council, Owners and professional managers for periodic review. This statement is fairly intuitive but is often not fully understood because the purpose...
