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Auditors

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Tony
Posted : Wednesday, 27 Jul 2011 21:10        Question
Tony01
Joined : 26 Jul 2011
Posts : 11
Location : Cape Town, Western Cape
How do you select and auditor for a body corporate. Is there a process you can follow?  
Craig Coetzee
Replied : Saturday, 06 Aug 2011 12:01        Answer
Craig88
Joined : 25 Jul 2011
Posts : 46
Location : Cape Town, Western Cape
Hi. The normal process is to obtain 3 quotes from auditors. Before you ask them to quote, first ask them if they do sectional title and/or HOA audits. Some auditors are not interested. If you don't know which auditors you can use, you can also contact NAMA (national association of managing agents) as they have some auditors that are affiliate members. Ask them to see samples of the financial statements and see if they meet your requirements.
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