Professional Trust Account Auditing for New South Wales Real Estate Agents
NSW trust account audits for real estate agents who need clear, state-specific compliance support.
- Aligned with NSW Fair Trading requirements under the Property, Stock and Business Agents Act 2002
- Reports due by 30 September and lodged by the auditor through the Auditor's Report Online Portal
- Applies to NSW agencies, licensed corporations, and licensees that held trust money during the audit year
- Pricing from $549 + GST per trust account
New South Wales Real Estate Trust Account Audit
Comprehensive guide to New South Wales real estate trust account audit requirements, deadlines, and compliance obligations under the Property, Stock and Business Agents Act 2002.
Audit Period
1 July to 30 June
Due Date
30 September
Starting Price
$549 + GST
Audit Requirements
The following people must have their trust accounts audited if they received or held trust money during the financial year ending 30 June:
Important Note
In most cases, it is the licensed corporation that receives and is responsible for trust funds. However, if an individual licensee receives and is responsible for trust money, then a trust account audit must be effectuated by the individual licensee.
Qualified Auditors
Professional Accounting Bodies
Professional Accounting Body is defined under the Australian Securities and Investments Commission Act 2001, including CPA Australia, the Institute of Chartered Accountants of Australia, and the National Institute of Accountants.
No Trust Money Held?
If a trust account remained open during the audit period but had no transactions and a zero balance throughout, NSW guidance says the licensee should email the full-period bank statement instead of relying on the standard annual audit lodgement process.
Submission Info
Submission Method
Auditor's Report Online Portal
Submitted By
The auditor submits through the online portal, but the licensee remains responsible for lodgement by the due date
Key Details
- •Audits must be submitted within 3 months after the end of the audit period
- •Online submission through Fair Trading portal is mandatory
- •Professional Accounting Body is defined under the Australian Securities and Investments Commission Act 2001
Non-Compliance
Why New South Wales Real Estate Agencies
Choose AuditsPro
Experience the difference with professional support designed specifically for New South Wales real estate agents and property management companies. We combine New South Wales real estate expertise, technology, and transparent processes to support your annual reporting and trust account review requirements.
Audit reports structured for New South Wales reporting requirements
We conduct your trust account audit with strict adherence to the NSW Fair Trading guidelines and the Property and Stock Agents Act 2002 (NSW).
Registered auditors experienced in New South Wales real estate legislation
Our team holds the required qualifications to sign off on New South Wales real estate trust accounts. We understand the specific property management and sales deposit rules enforced by NSW Fair Trading.
Transparent pricing from $549 + GST per trust account
We offer flat-fee pricing for New South Wales agencies starting at $549 + GST per trust account (plus $100+GST for additional control accounts). No surprise charges, covering the full audit examination and final NSW Fair Trading report preparation.
Support for New South Wales Real Estate Agencies
We help New South Wales real estate agents and property management companies prepare annual trust account reporting with clear communication and New South Wales-specific audit support. Our approach is designed around NSW Fair Trading guidance, the Property and Stock Agents Act 2002 (NSW), and current trust account reporting requirements.
New South Wales Real Estate Trust Account Audit Requirements
Comprehensive requirements, deadlines, and reporting expectations for licensed real estate agents in New South Wales. Our professional audit services help you prepare annual trust account reporting with the relevant state requirements in mind.
New South Wales (NSW)
Fair Trading NSW
NSW Fair Trading
$549 + GST
Multiple trust accounts: $549 + GST each
Submit by 30 September
Audit period: 1 July to 30 June
Property and Stock Agents Act 2002 (NSW)
Trust Account Provisions
Key Audit Requirements
- •Annual audit required for agents holding trust money
- •Submission due by 30 September each year
- •LIC solely authorizes trust withdrawals; cannot delegate
- •Trust account must have NSW UID (OneGov registration)
- •Must lodge notification form with ADI when opening
- •Trust account name must include 'Trust Account' and licensee/corporation prefix
- •Compliance with Property and Stock Agents Act 2002 (NSW)
- •Report lodged with NSW Fair Trading Auditor's Report Online
- •Nil return declaration required if no trust money held
Note: Annual audit required. Must lodge notification form with ADI. Nil returns (declaration) required if no trust money held.
State-Specific Trust Account Audit Information
Get detailed information about trust account audit requirements, deadlines, and regulations specific to your state or territory.
New South Wales Service Areas
Providing professional real estate trust account audits across all regions of New South Wales. Our 100% online process means we can assist your agency wherever you are located.
Sydney Metro
- Sydney CBD
- North Shore
- Eastern Suburbs
- Western Sydney
Regional NSW
- Newcastle
- Wollongong
- Central Coast
- Blue Mountains
Country NSW
- Albury-Wodonga
- Dubbo
- Tamworth
- All NSW regions
New South Wales Real Estate Trust Account Audits
Professional trust account audits for New South Wales real estate agencies with transparent, fixed pricing.
Prompt replies • Fixed pricing • No hidden fees
Questions about pricing?
Get a custom quote for your real estate agency or speak with our audit specialists.
NSW Real Estate Trust Account Audit FAQs
Get answers to the most common questions about real estate trust account audits, compliance requirements, and the audit process. Based on real-world queries from Australian real estate professionals.
NSW real estate trust account audits must be submitted to Fair Trading within 3 months after the end of the audit period, typically no later than 30 September each year. The audit period runs from 1 July to 30 June.
All NSW trust account audits must be completed and submitted online by the auditor through the NSW Fair Trading Auditor's Report Online portal. The auditor lodges all audit results directly with Fair Trading.
NSW trust accounts are governed by the Property and Stock Agents Act 2002 (NSW), which mandates annual audits for licensees holding trust money.
Pricing for NSW real estate trust account audits starts at $549 + GST per trust account. If you have multiple accounts, each is assessed individually.
Still Have Questions?
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