Engagement
Lease portfolio financial audit
End-to-end reconstruction of active leases into a tested schedule and auditor-ready reporting pack.
Who this is for
Asset managers, REIT finance teams, and corporate real estate leads who must report lease income or occupancy costs with evidence that survives external audit. Portfolios typically range from mid-size retail strips to multi-building industrial parks.
Result
You receive a reconciled lease schedule, exception log, and a reporting pack that ties each material figure back to the signed lease, amendment, or invoice. The pack is structured for year-end close and for lenders who ask how rent was derived.
Scope included
- Collection and indexing of lease files, side letters, and rent invoices you provide
- Lease abstract for every in-scope contract (parties, premises, term, rent, escalations, options, deposits)
- Comparison of billed rent to contractual rent for a defined review period
- Flagging of classification and measurement points relevant to MFRS 16 / IFRS 16 treatment discussions with your accountants
- Written exception register with severity and recommended remediation
- Final reporting pack in spreadsheet and PDF summary form
Scope excluded
- Legal opinion on enforceability of clauses
- Negotiation with tenants or landlords
- Bookkeeping entries in your general ledger (we provide schedules; your accounting team posts)
- Valuation of investment property
How we work
- Sample intake — You send five leases and a current rent roll. We confirm fit and quote a fixed fee.
- Kickoff — Half-day session in Johor Bahru or on your site to map file locations and reporting deadlines.
- Abstract and test — Our reviewers build abstracts and run rent tests; you get a mid-engagement exception call.
- Pack delivery — Final schedules, exception log, and walkthrough with your finance lead.
Provider
CloudMindNet Digital reviewers based at Level 11, 65 Jalan Wong Ah Fook, Johor Bahru. Engagements are led by a senior lease analyst with a second reviewer on every material exception.
Preparation
Have digital copies (or clear scans) of leases, amendments, and at least twelve months of rent invoices. Name a single contact who can answer questions within two business days.
Constraints
We need read-only access to the files you designate. Incomplete lease sets lengthen the timeline; we pause billing when waiting more than five business days for material documents.
Next step
Request a review and attach a short note on portfolio size and your reporting date.