Condominium Audits and Consulting

Your Partner in Building Stronger Condo Communities 

Condo Building

Delivering quality financial insights to condominium stakeholders

Our personalized condominium audit and consulting services are designed to help your condominium board of directors meet legislative requirements, while optimizing audit efficiencies. Our dedicated group of condominium partners and managers are committed to providing you with effective, proactive advice and communications—powered by secure online file sharing technology—to enhance your decision-making processes.

With one of the largest condominium practices in Ontario—completing more than 550 condominium audits each year—our dedicated team of chartered professional accountants has extensive experience evaluating accounting and internal control systems for a wide range of property management firms. That expertise includes everything from advising on corporate fund controls and reciprocal agreements to delivering operating and reserve expenditure opinions and addressing developer-related first year financial issues.

Streamlining the condominium audit experience

For more than two decades, our dedicated condominium team has delivered a unique audit experience that delivers accurate draft financial statements to condominium boards for efficient review and approval. This provides your condominium board with added flexibility to schedule annual general meeting dates and to communicate financial information in a way that helps unit owners understand operating costs and the financial health of their communities.

Our condominium audit expertise has resulted in requests for our team to serve as expert witnesses in cost disputes between condominium corporations and municipalities, to provide opinion letters to condominium corporations on the applicability of HST on specific revenues, and to participate in investigations into the recovery of misappropriated condominium funds.

AGM Meeting
Adams + Miles condominium practice

To give back to the community and to stay a step ahead of ongoing changes to the Ontario Condominium Act (1998), we actively participate in several condominium-related groups and committees including:

  • Stakeholders Group and Experts Panel that provides advice to the Ontario Government on recent legislative amendments to the Condominium Act
  • Chair of the committee responsible for the Audit, Accounting and Tax Guidelines for Ontario Condominium Corporations, published by Chartered Professional Accountants of Ontario
  • Active board members of the Canadian Condominium Institute (CCI) in Toronto and nationally
  • Members of the Associates and Certification and Standards Committees of the Association of Condominium Managers of Ontario (ACMO)
  • Presenters at the annual ACMO-CCI Condominium Conference and at Director seminars and manager lunch-and-learn programs

Our condominium services include:

  • Audits
  • Internal control system consulting
  • Corporate fund control advisory
  • Reciprocal agreement advisory
  • Reserve fund opinions
  • Strategic consulting
  • Financial statement preparation
  • Financial reporting

Meet our team

Christina Ajith-Brandford

Partner


416-502-2201 x.3405

Jan Kundakci

Partner


416-502-2201 x.3355

Brian Antman

Partner


416-502-2201 x.1165

Michelle Taschereau-Thorpe

Manager


416-502-2201 x.7540

Contact a member of our team now to discuss your needs

Read our latest perspectives

Read our take on everything from new tax legislation and economic developments to strategic business insights and industry-specific accounting best practices.

Explore our full suite of services

Our specialized service offering caters to a wide range of clients with varying operational needs. We help them manage the following:

Audits, risk management, corporate structuring, advisory, financial statements and reporting

Canadian income and U.S. corporate tax, indirect tax, dispute resolution, strategic advisory, cross-border compliance and corporate structuring

Financial statement audit and review, internal control process review, preparation and review of T3010, T2 and T1044 returns, GST/HST compliance and optimization

Business valuation, M&A advisory, governance consulting, business growth and transformation, operational optimization        

Family tax planning, corporate structuring and reorganizations, estate and succession planning

Cross-border and international legal compliance, U.S. corporate tax, U.S. and international tax law, Cross-border corporate structuring

What clients are saying about A+M

Adams + Miles helped us prepare our company for sale by structuring it in the proper way to minimize tax liabilities. It was important that we worked with them at the beginning of the process, not while the sale was happening. We tried to be proactive, and they were instrumental that way. I couldn’t have done it without them.
Patrick Portelli
Retired entrepreneur and long-time A+M client
The partners are always available, responsive and take the time for regular check-ins. They talk to us before our annual audit to see if there is anything new happening at our organization or changes they should know about. When we amalgamated with a partner organization in 2021, we could not have done it without them.
Karen Reid
Director of Operations, Ontario Library Service
After our recent AGM I wanted to say that Adams + Miles’ presentation was by far the best financial presentation that I’ve seen. I’ve been in the industry for over 10 years, and also a board member at my condo, so therefore I’ve seen many presentations. Yours this year was excellent, detailed, easy to follow and easy to understand.
Diana Ionescu
Condominium Manager, Crossbridge Condominium Services