ESTATE AGENT TRUST ACCOUNTS AUDIT – Queensland

We have years of experience in providing professional audit solutions to real estate.

 

In Queensland, estate agents must establish and maintain a trust account that complies the Agents Financial Administration Act 2014and the Agents Financial Administration Regulation 2014.

The audit of your trust account is regulated by Office of Fair Trading, Queensland and the due dates are as follows:

 

Month of licence issued Audit period (dd/mm) Audit report due by end of
January 01/10 – 30/09 31 January
February 01/11 – 31/10 28 or 29 February
March 01/12 – 30/11 31 March
April 01/01 – 31/12 30 April
May 01/02 – 31/01 31 May
June 01/03 – 28/02 30 June
July 01/04 – 31/03 31 July
August 01/05 – 30/04 31 August
September 01/06 – 31/05 30 September
October 01/07 – 30/06 31 October
November 01/08 – 31/07 30 November
December 01/09 – 31/08 31 December

 

About our Auditing Service

We are qualified estate agent trust account auditors and can provide independent assurance on the operation of your trust accounts. Our experience audit teams will

  • Review your practices and procedures
  • Identify potential issues with your trust account
  • Provide you with the necessary assurance report

Our professional teams provide their auditing service in a timely and effective manner allowing your agency to fully comply with Queensland regulations without unnecessary hindrance to your staff.

 

Our fixed fee

Our audit fee is fixed at *$700 + GST per trust account; (Surcharge of $200 for single account operators). Utilising best practice approach and with our experience in auditing trust account, we are able to minimise our cost and pass on the savings to your agency.

*Price includes one onsite and two unannounced audits as required by QLD legislation.

Give us a call on 1300 82 84 86 to speak with one of our fully qualified trust account auditors for an appointment and benefit from our experience.