About Our TRUST ACCOUNT Audits
We have expertise in the area of Trust Account audits with a particular focus on Solicitors, Accountants, and the Real Estate industry. Your trust account must be audited each year by a qualified auditor.
There are a lot of niche aspects to providing a quality audit of a trust account and it is essential that your financial auditors understand the complexities including individual reconciliation processes, timeframes and required deadlines, controls and software, and other surrounding bank accounts.
Trust account audits are not only proof of compliance, but a chance for us to analyse your trust account operations, help identify any improvements to be made and minimise your risks.
Regulators for Trust Accounts include:
- Annual report to Office of Fair Trading
- Lawyers also report to Queensland Law Society
Because trust accounts are run under strict, tightly monitored regulations, these particular audits therefore require vast relevant audit experience and expert knowledge of the latest legislation, which is prevalent in our team of financial auditors. Our team of trust account auditors attend constant trainings provided by these regulating bodies.
Our auditors are also in regular contact with the trust account regulators and have a well formed working relationship with each organisation.
If your business or company is in need of a trust account audit, contact us today.
Why Choose Us As Your Trust Account Auditors
The trust account umbrella encompasses so many organisations of different sizes, industries and regulations. We tailor our audit approach to the unique circumstances and drivers of each trust account and corresponding business we work with. An audit on a boutique accounting firm trust account is vastly different to that of a large conveyancing firm that sees $50million through their trust account every year.
Using the latest kind of software packages available to auditors, we can take the heavy lifting off your plate and give you an audit experience that is efficient, reliable and stress free for you and your team members.
We give you complete peace of mind that your trust account is above board and ticking the regulatory boxes. But even more than that, our team of auditors care deeply about the work we do alongside you, your business and your trust account.
Our experience in the trust account sector means we provide you with accurate information and actionable insights allowing you to make real changes to your business processes.
