Financial Audit Coordination

Streamlined coordination of your annual financial audit — ensuring accuracy, compliance, and a smooth process from start to finish

Service Overview

NSW strata schemes with more than 100 lots must complete a yearly financial audit, and many smaller schemes choose to do so for transparency and peace of mind. For self-managed committees, gathering records, liaising with auditors, and responding to queries can be time-consuming and confusing.

Strata On Demand coordinates the entire audit process for you. We prepare all required documentation, work directly with the auditor, answer queries, and ensure the audit is completed accurately and on time. Everything is organised, tracked, and delivered in a clear pack for your records.

What’s Included

Initial Review & Audit Planning

Review of the scheme’s size, financial complexity, and audit requirements
Confirmation of mandatory audit status (>100 lots) or voluntary audit decision
Checklist of records required for submission
Identification of missing documents or gaps needing committee input

Document Compilation & Preparation

Collection and organisation of all required financial records, including:
- Bank statements
- Invoices and receipts
- Levy registers
- BAS and tax documentation
- Previous audit reports (if relevant)
Formatting and organising the audit pack for submission

Auditor Liaison & Coordination

Direct correspondence with our partner auditor or an auditor of your choice
Submission of the full audit pack
Responding to auditor queries or requests for further evidence
Coordinating additional records, clarifications, or committee approvals

Progress Monitoring

Tracking the audit timeline and milestones
Proactive follow-up to avoid delays
Notifying the committee of issues, missing documents, or required decisions

Delivery of Final Audit Outcome

Receipt and review of the final audit report
Delivery of the completed audit
Summary to the committee including:
- Findings
- Variances
- Recommendations (if any)
- Next audit cycle dates
File-ready pack for long-term record keeping

Why Choose Our Financial Audit Coordination Service?

Ensures your audit is completed correctly and on time
Reduces the risk of missing documents or auditor delays
Saves significant administration time for committees
Provides clear documentation that supports financial transparency
Ideal for:
- Mandatory audits (>100 lots)
- Voluntary audits for small and medium self-managed schemes
- New committees wanting a clean financial starting point
- Schemes preparing for future NCAT or compliance matters
Perfect for self-managed strata schemes without professional back-office support

Pricing

(Including GST)

Standard Audit Coordination: $250
Complex Audit Coordination (large schemes, missing documents, multiple accounts): from $330
Extra Time (if required): $120/hr

Bundle and Save:

Combine with Budget Preparation or Strata Roll Setup/Audit for complete financial oversight.

How It Works

1. You confirm whether the audit is mandatory or voluntary

We advise requirements and provide the records checklist.

2. We collect and prepare the documents

Everything is compiled and organised in a single PDF audit pack.

3. We liaise directly with your auditor

Submitting documents, answering questions, and providing clarifications.

4. We track progress and keep the audit moving

Follow-ups, reminders, and status updates to avoid delays.

5. You receive the final audit report

Along with a summary and a file-ready pack for your long-term records.

Related Strata Services

Book This Service

Take the pressure off your next strata meeting.

Book a skilled, impartial chairperson to ensure your Financial Audit Coordination is run professionally, fairly, and in full compliance with the law.