MCST Audit

An increasing number of Management Corporation Strata Titles (MCST) were constituted in recent years which lead to the growing expectation of property owners and managing agents in managing strata-titled developments. Members of the management corporations of such properties are required to be equipped with the knowledge under the provisions of the Building Maintenance and Strata Management Act (BMSMA).


The BMSMA which comes into force on 1 April 2005 provides a legal framework for MCST. Under section 45(1) of the BMSMA,

  • Subject to section 134, the books and accounts of every management corporation in respect of each financial year of the management corporation shall be subject to audit.
  • The audit of the books and accounts of a management corporation shall be carried out only by a person who is a public accountant within the meaning of the Companies Act (Cap. 50).
  • The auditor shall be appointed by the management corporation at its annual general meeting or the council of the management corporation within 90 days after the annual general meeting.

We specialize in the provision of MCST audit to diverse clientele ranging from residential (condominiums) to commercial and industrial buildings.