Trust Account Audit
What is a Trust Account?
A trust account is where a professional advisor or agent hold client monies under trust.
In each case, operators of trust accounts are required to have the trust account audited annually. Furthermore, each industry has different legal requirements and compliance matters in relation to operating a trust account.
Our Trust Account Audit Service
At MLCo, we take pride in our long standing relationships with our trust account audit clients and give them confidence they are compliant in their industries. As independent auditors, we are dedicated to getting to know your business and provide tailored audit services including:
- Best practice solutions for compliance.
- Educating clients of current changes in their specific industry.
- Suggestions for resolving compliance matters.
Our main focus in trust account audits include:
- Legal practitioner trust accounts
- Real estate trust accounts
- Accountant trust accounts and
- Travel agent trust accounts
Business Advisory
We offer tailored and well-grounded advice to help your business realise its potential.
Audit & Assurance
Our specialist audit services give you confidence and reliability in your numbers.
Accounting & Tax Compliance
We offer a range of services to help relieve you of your accounting and tax compliance matters.
Liability limited by a Scheme approved under Professional Standards Legislation.