Trust accounts audits – real estate

At Adept, we provide real estate businesses with professional auditing services that are timely, cost-effective and meet all regulatory requirements.

Our qualified auditors have extensive experience and their goal is to make the whole process simple for you.

Our services include a full suite of auditing and assurance activities for estate agency operations.

  • Review of practices and procedures

  • Identification of potential issues with your trust accounts

  • Provision of necessary assurance reports

  • Compliance review of sales and rental trust accounts

  • Review of trust receipts and payments

  • Review of bank statements and bank reconciliations

  • Confirmation of client trust balances

  • Review of journals

  • Review of dormant trust accounts

  • Review of sales trust contracts (including contracts of sale, section 32 statements, commissions, exclusive authority)

  • Review of rental trust contracts (including tenant agreements, condition reports, bond receipts, exclusive authorities, commissions)

In Victoria, estate agents must establish and maintain a trust account that complies with the Estate Agents Act 1980 and the Estate Agents (General, Accounts and Audit) Regulations 2008.

We are a registered chartered accounting company fully approved by Consumer Affairs Victoria to undertake audits of estate agency trust accounts.


The audit of your trust account is due by 14 October 2016 (for year ended 30 June 2016).


We can tailor our services to suit the specific needs of your real estate business.

Contact Adept today to discuss.

  • Individual solutions: meeting all your requirements, including a specific audit plan

  • On time, every time: fast, efficient work to meet your deadlines

  • Regular communication: you know where you stand throughout the process

  • Australian-based: all work performed at our Melbourne offices