Body Corporates and Homeowners’ Associations
Krona specialises in the audits of body corporates and homeowners’ associations. We work closely with various managing agents to ensure that body corporates are audited in accordance with relevant audit requirements.
Collectively, Krona has over 40 years’ experience in the field of auditing, especially the audits of body corporates and homeowners’ associations. Krona has a dedicated team that just focuses on performing audits for body corporates.
We have credentials in the property sector and will draw on this experience in the execution of the audit. We have provided audit and advisory services to companies operating in the property sector in South Africa.
Therefore, we have the relevant experience as well as the knowledge of the Companies Act, Sectional Titles Schemes Management Act, 2011, Community Schemes Ombud Services Act and other applicable laws and regulations to ensure that your audit will be executed with the appropriate skills required.
Our experience and market knowledge as body corporate and homeowners’ association auditors allows us to better serve our clients.
It gives us a better idea of what the costs for repairs and maintenance, administration, insurance and levy income should be, making it easy for us to identify areas of error or fraud.
We also have a good understanding of the legislation in terms of the Administrative and Reserve Fund requirements and other requirements imposed by the new legislation.
We take pride in the fact that we have established an exemplary reputation with our clients, managing agents, and trustees.
We ensure that our audit and our body corporates comply with the new Sectional Title Management Act and Community Schemes Ombud Services Act.
We work closely with managing agents to ensure the financial statements are prepared within the statutory time frames as stipulated by legislation.
We provide a quality service offering at very competitive fees.