Trust Account Audits for Real Estate Agents & Conveyancers
💲 From $599 + GST
Independent, on-time trust account audits for real estate agencies and licensed conveyancers in Victoria, New South Wales and the ACT. Clear communication, a fixed fee, and a report ready for you to lodge.
✔ IPA member auditor✔ Fixed-fee quote✔ Onsite or remote
Choose your audit
Real estate – Victoria
Annual trust account audits for Victorian estate agents.
Learn more →Real estate – NSW
Trust account audits for NSW agencies.
Learn more →Real estate – ACT
Trust account audits for Canberra agencies.
Learn more →Conveyancers – Victoria
Annual audits for licensed Victorian conveyancers.
Learn more →📋 Free download: Trust Account Audit Preparation Checklist. Everything to have ready before your audit – bank records, ledgers, reconciliations, authorities and more.
⬇️ Download PDFWhy agencies and conveyancers choose UV TAX
- Auditor is an IPA member who meets public practice requirements
- Fixed fee agreed before we start – from $599 + GST
- We work with common trust accounting software
- Onsite at your office or fully remote with secure document upload
- Plain-English feedback so you can fix issues before they become problems
- We also look after tax, BAS and payroll for agents (separate from audit work)
What a trust account audit looks at
- Receipts and payments recorded correctly and promptly
- Monthly reconciliations of bank statements, cash book and trust ledgers
- Authorities for payments and withdrawals
- Overdrawn ledgers, deficiencies or unexplained differences
- Compliance with your state’s trust account rules
Common audit findings – and how to avoid them
- Late or unsigned reconciliations – reconcile every month and keep signed copies
- Old unpresented items – follow up and clear them regularly
- Payments without authority – keep written authority on file before paying
- Business expenses paid from trust – never use trust money for business costs
- Overdrawn ledgers – check ledger balances before each payment
⚠️ General information only. This page is a general overview and is not legal advice. Trust account obligations differ between states, licence types and regulators, and can change. Agents and conveyancers remain responsible for their own compliance and for lodging audit reports on time. Audits are independent assurance engagements, and auditors may be required by law to report certain irregularities to the regulator. To keep our independence, we cannot audit trust records UV TAX prepared or maintained. Each engagement is subject to our acceptance and a signed engagement letter.
Book your trust account audit
From $599 + GST. Fixed quote before we start.
0466 268 405Frequently asked questions
Who can audit a real estate or conveyancer trust account?
Each state sets its own rules for who can act as auditor. In Victoria, for example, conveyancers must use an approved auditor who is a member of CPA Australia, the IPA or CA ANZ, meets public practice requirements and holds a relevant degree. Our auditor is an IPA member who meets these requirements.
How often is a trust account audit needed?
Generally once a year for each audit period, as required by your state’s legislation and regulator.
How long does a trust account audit take?
It depends on the number of trust accounts and transactions and how well records are kept. Using our preparation checklist helps the audit run faster.
Can you audit trust records you also keep for us?
No. To stay independent, we cannot audit trust records that UV TAX prepared or maintained.
How much does a trust account audit cost?
Trust account audits start from $599 + GST. We give you a fixed quote before we start.
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General information current as at November 2026.