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Trust-account audits · Northern Territory

Northern Territory real estate trust account audit — deadlines and how to prepare

Northern Territory agents are audited for the year ended 30 June, with the report lodged with Licensing NT within three months. We audit Darwin to Alice Springs online, on a fixed fee per account.

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.

Northern 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 Licensing NT (Agents Licensing Board) [[verify]]
Legislation Agents Licensing Act 1979
Audit period Year ended 30 June [[verify]]
Report due 30 September (within three months of year end) [[verify]]
Lodgement Auditor's report lodged with Licensing NT [[verify]]
If missed Late or missing audits can be raised with the Agents Licensing Board and affect the licence

Territory agents hold trust money under the Agents Licensing Act, audited over the year to 30 June with the report due to Licensing NT within three months of year end. The rules are the same in Darwin as in a one-agent Katherine office — and so is the exposure if the audit is missed.

Finding an auditor locally has always been the hard part in the NT, which is exactly what an online engagement removes: records upload from your trust software, testing and queries happen remotely, and the report is lodged on time regardless of where your office is. Findings come back as a plain-English management letter, with any remediation work quoted separately so it actually gets done before next season.

How it works online

Step 01

Book your audit

Fixed fee per trust account, diarised against the lodgement window.

Step 02

Send records online

Ledgers, reconciliations and statements for the year to 30 June.

Step 03

We test & query

Testing under the Agents Licensing Act with a single batched query round.

Step 04

Report & lodge

Signed report lodged with Licensing NT, copy and management letter to your portal.

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 Northern 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 Northern 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 Licensing Act 1979. If you held no trust money, ask us whether a declaration can be lodged instead of an audit.

How is the audit report lodged?

Auditor's report lodged with Licensing NT. 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.