[[Level & street address]], Adelaide SA [[postcode]] Mon–Fri 8:30am – 5:30pm ACST
Trust-account audits · Australian Capital Territory

ACT real estate trust account audit — deadlines and how to prepare

ACT licensed agents are audited for the year ended 30 June, with the audit report provided to Access Canberra by 30 September. The whole engagement — records, testing, report — runs online.

Auditor independence We do not audit funds or trust accounts for which BRS Advisory prepares the financial records. Our audit services are provided independently, in accordance with APES 110.

Australian Capital Territory at a glance

Requirements below are maintained against the regulator’s published rules — items marked [[verify]] are confirmed with the regulator before each audit season and in your engagement letter.

Regulator Access Canberra [[verify]]
Legislation Agents Act 2003
Audit period Year ended 30 June [[verify]]
Report due 30 September (within three months of year end) [[verify]]
Lodgement Audit report lodged with Access Canberra [[verify]]
If missed Unlodged or late audits can lead to occupational discipline and licence conditions

In the ACT, agents’ trust accounts are audited over the year to 30 June and the report must reach Access Canberra within three months — by 30 September. The obligation covers sales deposits and property-management trust money held under the Agents Act 2003, and it applies whether the year was busy or the account barely moved.

Our audit runs entirely online: your trust software exports the ledgers and reconciliations, we test receipts, payments and month-end balancing, and the signed report goes to Access Canberra on time with a copy in your portal. Canberra agencies that also operate across the border in NSW get both audits coordinated in one engagement, one records request, one deadline calendar.

How it works online

Step 01

Book your audit

Fixed fee per trust account, diarised against the 30 September deadline.

Step 02

Send records online

Trust ledgers, monthly reconciliations and bank statements to 30 June.

Step 03

We test & query

Statutory testing under the Agents Act 2003 with one batched query round.

Step 04

Report & lodge

Signed report lodged with Access Canberra, your copy and management letter filed.

Pricing

What you pay

Fixed fees from our published price list — each links straight into online sign-up with the product pre-selected. Full list on the pricing page .

Product Included Price (ex GST) Action
Trust-account audit — real estate / conveyancer (per account) $649/account Start online →
Trust-account audit — law practice (per account) $890/account Start online →

Prices ex GST, current at [[month year]], for standard-complexity work; a fixed quote is confirmed before we start.

Questions, answered

When is the Australian Capital Territory trust account audit due?

The audit covers the year ended 30 june and the report is due by 30 September (within three months of year end). We diarise your dates at booking and confirm them in the engagement letter against the regulator's current requirements.

Who must have a trust account audited in Australian Capital Territory?

Licensees who held trust money during the audit period — real estate agents, property managers and, depending on licence type, conveyancers and settlement agents — under the Agents Act 2003. If you held no trust money, ask us whether a declaration can be lodged instead of an audit.

How is the audit report lodged?

Audit report lodged with Access Canberra. You receive the signed report and a management letter through the portal, and we keep the lodgement evidence on file with it.

What does the audit cost?

A real estate or conveyancing trust account audit is $649/account ex GST; law-practice external examinations are $890/account ex GST. Additional accounts under the same licence are priced per account, fixed before we start.

Do you need to visit our office?

No. Records export from your trust software to the portal, testing and queries happen remotely, and the report is lodged electronically. The whole engagement typically takes 5–10 business days from complete records.

Ready when you are

Start online in three minutes.

Answer a few questions, see your fixed fee, and book your first video call. No appointment, no obligation.