Legal Trust Account Audits in NSW 

Our Solictor Trust Audit Services in Maitland & Newcastle.

Bottrell Accountants & Audits are specialists in the Legal Industry (Solicitors & Conveyancers)

The team at Bottrell Accountants & Auditors – Trust Account Auditors for NSW.

Important – The Bottrell Business Consultants team are registered & Licenced as EXTERNAL EXAMINERS with the NSW Law Society.

If you are seeking an External Examiner refer the NSW Law Society Link

https://www.lawsociety.com.au/practising-law-in-NSW/trust-money-and-fidelity-funds/external-examiners/find-external-examiner

Our Bottrell Accountants & Auditors provide services as follows:-

• Remotely & Online (Zoom/Teams).
• Our Offices.
• In Person.

Important

Bottrell Accountants & Auditors  have qualified accountants to help with all of your audit needs.

Our team have extensive experience in managing and auditing trust accounts.

We provide you with a streamlined service in a cost-effective manner with minimal disruptions to your professional, admin & office staff.

Our Bottrell Audit team have a wide range of experience auditing Legal Firms, Real Estate, Accounting Firms & SMSF (Self Managed Super Fund audits.

In detail:-

• Small business audit and reviews
• Not for profit audits (NFP)
• Legal trust account Auditor
• Real estate trust account Auditor
• Accounting trust account Auditor

If you need assistance please contact the Bottrell Business Consultants team on 02 49336888

Legal Trust Audit Services

Trust Account Audits for Real Estate Agents and Solicitors
Our expert team offers comprehensive trust account audits for real estate agents and solicitors, ensuring your financial practices meet industry regulations. We help maintain compliance and protect your reputation with accurate and thorough auditing services.

Compliant Trust Account Auditing for Licensed Professionals
Stay on top of regulatory requirements with our compliant trust account auditing for licensed professionals. We ensure your trust accounts are properly managed and fully compliant with legal standards, giving you peace of mind and safeguarding your business.

Trust Account Audit for Conveyancers and Solicitors
We specialize in trust account audits for conveyancers and solicitors, providing detailed reviews and ensuring that your trust accounts meet all necessary compliance standards. Our audits help you maintain accuracy and prevent potential legal risks.

Real Estate Trust Account Compliance and Auditing
Ensure your agency’s trust accounts are managed properly with our real estate trust account compliance and auditing services. We provide professional audits that guarantee compliance with Australian laws, protecting your business from regulatory issues.

Trust Account Management and Reconciliation Services
Our trust account management and reconciliation services ensure that your accounts are accurate and compliant with regulations. We handle the complexities of trust account management, including reconciliation, to give you a clear financial picture.

Ensuring Compliance with Australian Trust Account Regulations
We focus on ensuring compliance with Australian trust account regulations by providing rigorous audits and reviews. Our team helps you stay compliant with local laws, minimizing risks and maintaining the integrity of your trust accounts.

Annual Trust Account Audit for Regulatory Compliance
Our annual trust account audit for regulatory compliance services ensure that your trust accounts are thoroughly reviewed and meet all legal requirements. We help you maintain compliance and avoid any penalties from regulatory bodies.

Trust Account Reconciliation and Compliance Reporting
Stay compliant with our trust account reconciliation and compliance reporting services. We offer precise reconciliation of your trust accounts, backed by detailed compliance reports to ensure transparency and adherence to legal standards.

Certified Trust Account Auditors for Real Estate and Law Firms
Work with experienced certified trust account auditors for real estate and law firms to guarantee the compliance and integrity of your trust accounts. Our auditors provide professional, thorough assessments that safeguard your business operations.

Risk Mitigation and Trust Account Audits for Real Estate Agencies
Mitigate risk with our trust account audits for real estate agencies. We help you identify and address any discrepancies in your trust accounts, ensuring that your agency remains compliant and protected from financial and legal risks.

Timely Trust Account Audits for License Renewals
Ensure smooth license renewals with our timely trust account audits. We provide fast, reliable audit services that meet all regulatory requirements, ensuring you stay compliant and avoid delays in your licensing process.

Compliance Solutions for Trust Accounts Under Australian Law
Our compliance solutions for trust accounts under Australian law provide the guidance and audits necessary to ensure your accounts meet legal standards. We help you maintain proper records and compliance to avoid any regulatory issues.

Real Estate and Solicitor Trust Account Audits Across NSW
We offer real estate and solicitor trust account audits across NSW, ensuring compliance with state laws. Our experienced auditors provide comprehensive reviews to help you manage your trust accounts effectively and transparently.

Support for Trust Account Setup and Compliance
Our services include support for trust account setup and compliance, helping you establish trust accounts that adhere to Australian regulations from the start. We guide you through the setup process to ensure compliance and smooth account management.

Comprehensive Auditing Services for Trust Accounts
Our comprehensive auditing services for trust accounts cover everything from reconciliation to regulatory compliance. We provide thorough audits that ensure your trust accounts are managed properly, reducing the risk of financial discrepancies.

Audit Support for Managing Trust Accounts Effectively
Our audit support for managing trust accounts effectively helps you maintain accurate records and compliance with legal requirements. We provide ongoing assistance to ensure your trust accounts remain balanced, compliant, and ready for review.

Legal Trust Audits for Licensed Professionals
We specialize in legal trust audits for licensed professionals, ensuring that your trust accounts meet all industry and regulatory standards. Our audits provide the transparency and accuracy required for legal professionals to maintain compliance.

Fiduciary Compliance Through Trust Account Auditing
Maintain fiduciary responsibility with our trust account auditing services. We focus on ensuring fiduciary compliance through trust account auditing, providing peace of mind that your trust accounts are being managed ethically and legally.

Fixed Fees

On request our External Examiners & Auditors will provide you with a Fixed Fee Quote.

Our services will include the following:-

• Audit of the Trust Account.
• Review of Trust Reconciliations.
• Transaction Vouching: Verification of Deposits & Payments.
• Compliance Assurance: Ensuring financial records adhere to the standards set by the Law Society of NSW, along with relevant accounting and audit standards.

Method of Audit

Please note that our Trust Account Audit process will be conducted electronically, in our offices or onsite.

• Remotely & Online (Zoom/Teams).
• Our Offices.
• In Person.

Systems & Documents Required

To complete the External Examination of your Legal & Conveyancing Trust Audit, we will require the following documents:

• Full List of Owners & Employees who have access to the Trust Account.
• Access to your Trust Accounting System / Software.
• Monthly Bank Reconciliations.
• Monthly Trial Balances.
• Full 12-month Cash Book (receipts and payments).
• Full 12-month Bank Statements.
• Details of any Controlled Monies.
• Information on any Overdrawn Accounts.
• Statutory Deposit Details (if applicable).
• Meetings with the Owners, Practice & Office Manager.

Further Assistance

Should you have any questions or need further clarification, please feel free to contact me at our office 0249336888.

Email – gavin@bottrellbusiness.com.au

We look forward to working with your legal practice and ensuring the compliance and accuracy of your financial records.

About Bottrell Auditors

Bottrell Chartered Accountants, Auditors, Tax Agents, and Financial Planners is a professional firm that provides a variety of services, including accounting, audit, taxation, business advice, financial planning, and bookkeeping, to businesses, families, and individuals across Australia (also known as Bottrell Business Consultants).

Founded by Gavin Bottrell in 2010, the company has offices in Newcastle, Maitland, Gosford &. Gold Coast. It helps clients throughout Australia to grow their businesses, from startups to larger private companies.

Gavin Bottrell founded the business as a start-up, so he knows first hand the stress and challenges that small and medium business owners face. At Bottrell, we aim to assist businesses, families, and individuals in reaching their full potential and achieving financial success. As business growth experts, we have a proven track record of helping businesses grow and thrive in a short period of time.

Our Offices:-

• • • Newcastle – 45 Hunter St, Newcastle
    • Maitland – 93 Lawes St, East Maitland
    • Gosford – 86 Mann St, Gosford NSW 2250
    • Gold Coast – Level 13/50 Cavill Ave, Surfers Paradise QLD 4217