Property service charge audits
Our specialist audit team understands that a property service charge audit is a key procedure for landlords and tenants. And a procedure where independence, timeliness and transparency are of the utmost importance.
To make sure our approach adds value to all parties we report to, we tailor our processes and scope of work to meet the specific circumstances and agreed service levels. So whether you’re worried about the completeness of the roof sinking fund, the recoverability of service charge debts, or controls operating over the bank account, we will focus our endeavours on the areas that cause you the most concern, without compromising on the quality of the assignment.
In particular, we note there is much confusion and conflicting guidance over the best practice presentation of the financial statements of service charge companies. Our technical team is on the forefront of the latest guidelines. We can advise on application of those guidelines in practice, providing clear guidance on the current status of legislation.
For more information or help from one of our property and real estate specialists, please contact us using the enquiry form below.