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Audit Fees on the Rise for Housing Co-ops

Date

12 May 2025

In recent years, with sustained high inflation affecting many goods and services, we looked at the audit fee data reported by housing co-ops in our portfolio.

Our analysis shows that audit fees are on the rise. Specifically, from 2022 to 2025, the average annual increase for housing co-op audit

Q&A on Directors in Arrears

Agency for Co-operative Housing

Pre-audit AIR Checklist

Agency for Co-operative Housing

Arrears Report

Agency for Co-operative Housing

Board and Management Certification Respecting Directors in Arrears

Agency for Co-operative Housing

Director Arrears - By-law Provisions (AB)

Agency for Co-operative Housing

Director Arrears - Sample By-Law Provisions Respecting Director Arrears (ON)

Agency for Co-operative Housing

Director Arrears - Stand-Alone By-law (Ontario)

Agency for Co-operative Housing

CHF Canada Request for Proposals for Audit Services

CHF Canada

Good Practices for Collecting Housing Charges

Bread and Roses

Tip of the Month

Co-ops without Paid Managers

Since 2007, the percentage of co-ops without paid help is down by more than half to a mere 2% of Agency clients. Another 12% just have a lonely bookkeeper.