Queensland Trust Account Audit Deadline
Queensland trust account audit due dates are not a single national date. The Queensland Government says your audit report or statutory declaration is due four months after the end of your audit period, and the audit period runs as a 12-month cycle based on the month your licence was issued.
Report due
4 months
The Queensland Government says the audit report or statutory declaration is due four months after the end of the audit period.
Audit period
Licence month
The audit period is a 12-month cycle based on the month your licence was issued, so the due date is different for each licensee.
Appoint auditor
Within 1 month
Appoint an auditor within one month of opening a trust account, and tell the Office of Fair Trading within one month of the appointment.
How AuditsPro helps you meet your Queensland deadline
Because the Queensland due date is tied to your licence issue month and falls four months after your audit period ends, the real risk is leaving it too late. AuditsPro is built to take that pressure off — we work out your exact dates, tell you precisely what to gather, and keep the whole audit online so you lodge on time without the back-and-forth.
We confirm your exact date
Tell us your licence issue month and we work out your audit period and your four-month due date — so you know exactly how long you have, not a rough guess.
A Queensland-specific checklist
We send the QLD record list up front, so you gather the right documents once. No guessing, no second requests slowing you down.
Upload online — no visits
Securely upload bank statements, reconciliations and software exports through the portal. No in-person appointment and no posting records means less delay.
Fixed fee, fast turnaround
A fixed fee from $749 + GST is confirmed before we start, with a fast turnaround once your complete records are in — so the deadline stays comfortably in reach.
When is the Queensland trust account audit due?
The Queensland Government says your trust account audit report or statutory declaration must be lodged no later than four months after the end of your audit period. Because the audit period is tied to your licence, there is no single state-wide date — the due date depends on when your licence was issued.
- Report or statutory declaration due 4 months after the audit period ends
- No single state-wide date — it depends on your licence
- Lodge with the Queensland Office of Fair Trading
- Confirm your own due date before audit season
How the Queensland audit period works
The audit period is a 12-month cycle based on the month your licence was issued. That is why two agencies in the same suburb can have different audit deadlines. Work out the end of your own audit period first, then count four months forward to find your lodgement due date.
- Audit period is a fixed 12-month cycle
- The cycle is based on your licence issue month
- Each licensee can have a different due date
- Identify your period end before counting four months
Appointing your auditor and notifying the OFT
The Queensland Government says you must appoint an auditor within one month of opening a trust account, and email evidence that the auditor accepted the appointment to financial.oft@justice.qld.gov.au within one month of the appointment. Appointing early also gives the auditor time to request complete records well before your due date.
- Appoint an auditor within 1 month of opening a trust account
- Email acceptance evidence to the OFT within 1 month of appointment
- Use financial.oft@justice.qld.gov.au for the notification
- Appoint early so records and queries are resolved in time
Licence renewal, final year, and what to do now
If you held a trust account during the previous licence period, the Queensland Government says an audit report is required when you renew or restore your licence. In your last year of business, the report or statutory declaration must be lodged two months after you stop trading. If your due date is close, gather complete records now and confirm the date rather than wait.
- Audit report required at licence renewal or restoration if a trust account was held
- Final year of business: lodge 2 months after you stop trading
- Prepare bank statements, reconciliations, ledgers and software exports
- Confirm your audit period end and four-month due date early
Queensland deadline vs other states
Queensland is the odd one out: its deadline rolls with your licence issue month instead of a single fixed date. Here is how it compares around Australia.
| State / territory | Audit period basis | Report due |
|---|---|---|
| Queensland | Rolls with your licence issue month | 4 months after the audit period ends |
| New South Wales | Year ending 30 June | By 30 September |
| Victoria | Year ending 30 June | By 30 September |
| Western Australia | Calendar year | By 31 March |
| South Australia | Linked to licence renewal | Annual return / renewal timing |
| TAS, NT, ACT | Year ending 30 June | By 30 September |
Frequently asked questions
When is the Queensland trust account audit due?
The Queensland Government says the trust account audit report or statutory declaration is due no later than four months after the end of your audit period.
What is the Queensland trust account audit period?
The audit period is a 12-month cycle based on the month your licence was issued, so the due date is different for each licensee.
When must I appoint an auditor in Queensland?
You must appoint an auditor within one month of opening a trust account, and email evidence of their acceptance to the Office of Fair Trading within one month of the appointment.
Do I need a trust account audit when I renew my Queensland licence?
If you held a trust account during the previous licence period, the Queensland Government says an audit report is required when you renew or restore your licence.
Related trust account audit resources
Queensland Extension Request
How to ask the Queensland OFT for extra time before your audit report is due.
Late Queensland Lodgement
What happens if the QLD deadline has passed, and how to lodge the outstanding report.
QLD Real Estate Trust Account Audit
Fixed-fee Queensland real estate trust account audits handled online.
Queensland Audit Requirements & Cost
Who needs a QLD trust account audit, who can audit it, and the fixed-fee cost.
Ready to Start Your Trust Account Audit?
the right document checklist before audit work begins.
Trust account audit
Fixed-fee quote