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Trust-account audits · South Australia

South Australia real estate trust account audit — deadlines and how to prepare

South Australian land agents and conveyancers are audited for the year ended 30 June, with the report lodged with Consumer and Business Services by 30 September. We're Adelaide-based — and the audit still happens entirely 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.

South Australia 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 Consumer and Business Services (CBS) [[verify]]
Legislation Land Agents Act 1994 · Conveyancers Act 1994
Audit period Year ended 30 June [[verify]]
Report due 30 September [[verify]]
Lodgement Auditor's report lodged with Consumer and Business Services [[verify]]
If missed Unlodged audits can lead to disciplinary action against the registration

BRS Advisory is headquartered in Adelaide, so South Australian agents and conveyancers get the same online audit with a local auditor on the other end of the video call. The SA audit year ends 30 June and the report goes to Consumer and Business Services by 30 September, covering every trust account operated under the Land Agents Act or Conveyancers Act.

We audit sales trust accounts, property management accounts and conveyancing settlement accounts on the same fixed fee per account. Records come out of your trust software, testing covers receipts, payments and month-end reconciliations, and anything that needs fixing arrives in a plain-English management letter — with the remediation quoted separately so next year’s audit is clean.

How it works online

Step 01

Book your audit

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

Step 02

Send records online

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

Step 03

We test & query

Testing under the Land Agents / Conveyancers legislation, one query round.

Step 04

Report & lodge

Signed report lodged with CBS and filed to your portal with the management letter.

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 South Australia trust account audit due?

The audit covers the year ended 30 june and the report is due by 30 September. 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 South Australia?

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 Land Agents Act 1994 · Conveyancers Act 1994. 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 Consumer and Business Services. 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.