Auditor’s Guide to the AIR
The Agency for Co-operative Housing
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Keeping an eye out for fraud
Date
9 October 2024
It’s an unfortunate reality that fraud can happen in any organization, including housing co-ops. While instances of fraud are rare, prevention is key which is why financial auditors check and report on internal financial controls through the annual audit process.
Catching fraud early is vital, so we
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
Bulletin: GST/HST Rebates: Is Your Housing Co-op at Risk of Losing Them?
CHF Canada
Recouping your Loss from Fraud
Date
8 October 2015
The Agency has discovered that some housing co-operatives victimized by fraud are unable to collect on their insurance because they miss the deadline for reporting their loss. Others don't try to make a claim out of the mistaken belief that a claim won't succeed without a criminal conviction.
Our
Q&A on the AIR for Auditors
Agency for Co-operative Housing
HST Rebate and How To Apply
Agency for Co-operative Housing
Pre-audit AIR Checklist
Agency for Co-operative Housing
GST/HST New Residential Rental Property Rebate
Canada Revenue Agency
Tip of the Month
Risk Trend
92% of Agency clients have a Strengthening or Stable risk trend. Proof of many good decisions.