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  • What services does your firm provide for strata property audits?
    Our firm specializes in strata property audits, offering a comprehensive review of financial statements, compliance with the Strata Management Act 2013, sinking fund management, and operational efficiency. Our services are tailored to ensure financial transparency and accountability for strata property management bodies..
  • Are your strata property audit services tailored to Malaysian regulations?
    Yes, our audit procedures strictly adhere to the Strata Management Act 2013, Strata Titles Act 1985, and all relevant Malaysian laws and guidelines. We ensure compliance while maintaining the highest audit standards.
  • How does your firm ensure transparency in strata property financial audits?
    We implement rigorous audit procedures, including detailed analysis of financial records, reconciliation of balances, and verification of transactions. Our transparent reporting process ensures that all stakeholders clearly understand the financial health of the property
  • What is the process for conducting a strata property audit?
    Our audit process involves the following steps: Initial consultation to understand the client’s needs. Review of financial records, invoices, and contracts. Verification of sinking fund and operational accounts. Analytical procedures to identify trends or discrepancies. Issuance of an audit report with recommendations for improvement.
  • Can you assist with resolving financial discrepancies for strata properties?
    Yes, we have extensive experience in identifying and resolving financial discrepancies. Our team works closely with management to investigate discrepancies, implement corrective measures, and ensure compliance moving forward
  • What tax services do you provide for strata property management?
    We offer tax compliance, tax planning, and advisory services tailored to strata property management. This includes preparing and filing tax returns, advising on tax exemptions, and optimizing tax strategies to ensure compliance and efficiency
  • What makes your firm unique in strata property audit and tax services?
    Our firm combines specialized expertise in strata property audits with a deep understanding of tax matters, offering a one-stop solution for property management. We prioritize professionalism, accuracy, and timely delivery, ensuring that clients receive unparalleled service.
  • How long does it typically take to complete a strata property audit?
    The timeline depends on the complexity and size of the property. Generally, a strata property audit takes between 4 to 8 weeks, including planning, execution, and reporting. We strive to deliver accurate results promptly without compromising on quality.
  • What documents are required to start a strata property audit?
    Key documents include: Financial statements Bank statements Invoices and receipts Contracts and agreements Sinking fund records Previous audit reports (if available) Our team will provide a detailed list tailored to your property.
  • Do you provide consultation services for strata property financial management?
    Yes, we offer financial management consultations to strata management bodies. Our services include budgeting advice, sinking fund utilization planning, and strategies for improving financial efficiency.
  • What are the common challenges in strata property audits, and how do you address them?
    Challenges include incomplete records, late submissions, and discrepancies in sinking fund management. Our team addresses these issues by employing alternative audit procedures, detailed reconciliation methods, and close collaboration with the management office to resolve any gaps.
  • Can you assist strata management with sinking fund compliance and utilization?
    Absolutely. We provide guidance on sinking fund compliance, ensuring funds are properly allocated, utilized, and reported according to statutory requirements. Our reports include recommendations for best practices in fund management..
  • How do you handle disputes during the strata property audit process?
    We adopt a professional and unbiased approach, focusing on clear communication and thorough documentation. Our team ensures that all concerns are addressed fairly, with evidence-backed findings and practical recommendations..
  • Do you provide training for strata management on financial reporting?
    Yes, we conduct workshops and training sessions for strata management bodies. These sessions cover topics such as financial reporting, compliance requirements, and best practices for financial governance.
  • How can strata property clients schedule an initial consultation with your firm?
    You can schedule a consultation by contacting us via phone, email, or our website. Our team will promptly assist you in setting up an appointment and provide guidance on the documents required for the initial discussion

If You Have Any Query Please Contact Us

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Subang Jaya

36, Jalan SS 15/4C,
47500 Subang Jaya,
Selangor, Malaysia.

Phone: 603 - 7982 3166
Contact: Puan Nordic
Email: hello@chi-lltc.com

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