Managing a condominium is not just about maintaining lifts, cleaning common areas, or handling resident feedback. Behind every well-run development in Singapore, there is proper financial management — and that is where MCST audit services play a critical role. If you are a council member, property manager, or managing agent, you already know that financial transparency is not optional. It is a responsibility. An MCST audit ensures that the funds collected from subsidiary proprietors are properly accounted for, safeguarded, and used according to regulations. In this guide, we will walk you through what an MCST audit involves, why it matters, what to expect during the process, and how to prepare your management team. What Is an MCST Audit? An MCST (Management Corporation Strata Title) audit is an independent examination of a condominium’s financial statements. It verifies whether the accounts present a true and fair view of the development’s financial position. In Singapore, MCST a...