Trust Account Audits for Financial Planners
Professional trust account audits for financial planners ensuring regulatory compliance and AFSL requirements. Our comprehensive audit services also cover accountants and solicitors. Ensure regulatory compliance with prompt replies and 5-10 day completion. Fixed pricing from $549 + GST. Learn more about our audit process.
AFSL Compliant
All reports meet regulatory requirements and AFSL compliance standards
Fast Delivery
Prompt replies with audit completion typically within 5-10 business days
Fixed Pricing
Transparent pricing from $549 + GST with no hidden costs
Expert Auditors
Qualified auditors specializing in financial planning compliance
Why Financial Planners Need Trust Account Audits
Financial planners holding client funds or receiving fees must maintain trust accounts and ensure compliance with regulatory requirements and AFSL requirements.
Regulatory Compliance
Meet regulatory requirements for financial planners holding client funds.
Client Protection
Protect client funds and demonstrate proper stewardship during financial planning processes.
AFSL Requirements
Comply with Australian Financial Services License obligations.
Professional Standards
Maintain professional standards and industry best practices for trust account management.
Risk Management
Identify and mitigate risks associated with trust account operations.
Client Confidence
Build confidence with clients and regulatory bodies through independent audits.
Regulatory and AFSL Trust Account Requirements
Financial planners must comply with regulatory requirements and AFSL requirements when handling client funds, receiving fees, or managing trust accounts. Our comprehensive audit services ensure compliance across all professional sectors, including accountants,solicitors,mortgage brokers,conveyancers, andSMSF trustees.
Key Audit Areas for Financial Planners
- Trust account reconciliation
- Client money handling and segregation
- Fee collection and distribution
- Regulatory compliance verification
- AFSL obligation assessment
- Record keeping compliance
- Fund movement tracking
- Interest calculation and distribution
- Client agreement compliance
AFSL License Types and Trust Account Requirements
Different AFSL license types have varying trust account requirements. Our audits ensure compliance with your specific license obligations.
Full AFSL
Financial Services License
- Trust account for client money
- Annual compliance audit
- Client money handling obligations
- Professional indemnity insurance
- Adequate compensation arrangements
Authorised Representative
AR of AFSL Holder
- Compliance with licensee requirements
- Trust account if handling client money
- Adherence to FSG obligations
- Record keeping requirements
- Training and competency standards
Limited AFSL
Restricted License
- Trust account for specific services
- Limited service compliance
- Compliance monitoring systems
- Training and support programs
- Regular audit requirements
Our Financial Planner Audit Process
Comprehensive audit process designed to ensure full compliance with regulatory requirements and AFSL requirements for financial planners.
License Assessment
Review AFSL type, conditions, and trust account obligations
Trust Account Review
Examine trust account records, client money handling, and fee management
Compliance Testing
Test compliance with regulatory requirements and AFSL requirements
Report & Recommendations
Provide comprehensive audit report with compliance recommendations
Transparent Financial Planner Audit Pricing
Fixed pricing with no hidden costs. Professional trust account audits designed specifically for financial planners and financial advisors.
Trust Account Audit
- Comprehensive trust account audit
- Regulatory compliance verification
- AFSL requirement assessment
- Prompt replies on enquiries
- 5-10 day completion
- Expert financial planning auditors
- Detailed compliance report
- Recommendations for improvement
Get Your Financial Planner Audit Today
Ready to ensure your regulatory compliance and trust account obligations? Contact our expert auditors for a professional audit tailored to your financial planning practice.
Get In Touch
Ready to get started? Contact us today.
Professional Trust Account Audit Services
We provide specialized trust account audits for various professionals across Australia. Explore our comprehensive audit services for different industries.
Mortgage Brokers
Trust account compliance audits for mortgage brokers under NCCP and aggregator requirements
Learn More →Real Estate Agents
PEXA compliant trust account audits for real estate professionals under state regulations
Learn More →Accountants
APES 310 compliant audits for accounting practices under CPA, CA ANZ, and IPA requirements
Learn More →Solicitors
Legal Practice Act compliant trust account audits for law firms and legal practitioners
Learn More →Conveyancers
Audits aligned with Corporations Act requirements for conveyancing practices
Learn More →SMSF Trustees
Self-managed superannuation fund compliance audits under SIS Act and SMSF regulations
Learn More →Business Brokers
Trust account audits for business brokers handling client deposits and transaction funds
Learn More →