This seminar is an overview of the accounting and auditing issues specific to Ontario condominium corporations. There is extensive detail included with respect to the accounting and auditing sections of the current Condominium Act of Ontario as well as references to practical examples of accounting and auditing condominium issues that are relevant to practitioners today. New this year is an outline of the proposed changes in the recently released draft of the revised Condominium Act by the Government of Ontario. The discussion will also include references and review of the publication Accounting and Audit Guidelines for Ontario Condominium Corporations issued by CPA Ontario.
Specific topics to be covered will include:
- Condominium Act of Ontario
- Publication Accounting and Audit Guidelines for Ontario Condominium Corporations
- Canadian accounting and auditing standards for not-for-profit organizations
- Tax issues for condominiums
- Hot topics in Ontario condominiums today
- Fraud in condominiums
This course will benefit any practitioner who has condominium corporations as clients, works in the industry or one who may sit on the board of directors.
Stephen Chesney FCPA, FCA
Stephen is a partner in the firm Parker Garber & Chesney, Chartered Accountants and currently specializes in the field of condominium corporations. Presently the firm is appointed as auditors for over 350 condominiums corporations in Ontario and is well known in the condominium industry.
Stephen has been teaching courses to other Chartered Accountants on the subject of accounting and auditing of condominium corporations and as well has taught accounting courses for the MBA program at York University.View Full Profile