Queensland Trust Account Audit Extension
Queensland property industry trust account audit due dates are rolling because the audit period is based on the licence issue month. If extra time is needed, the extension request must be made before the due date.
Due date basis
Rolling
The audit period is based on the licence issue month, not a single national deadline.
Request timing
Before due
Extension requests must be made before the audit report or statutory declaration is due.
Request method
Email OFT
Email the Queensland Office of Fair Trading with reasons and extra time needed.
How the Queensland extension request works
The Queensland Government guidance says an extension can be requested before the due date by emailing the Office of Fair Trading with the reason for the request and the extra time needed. This is not something to leave until after the due date has passed.
- Request before the due date
- Email financial.oft@justice.qld.gov.au
- State the reason for the request
- State the amount of extra time needed
Reasons should be unforeseen and unavoidable
The Queensland trust accounts guide says extension reasons should be unforeseen and unavoidable circumstances that do not recur each year. Treat the request as evidence-based and time-sensitive, not a routine way to extend the audit season.
- Unforeseen circumstances
- Unavoidable circumstances
- Not recurring each year
- Supported by clear timing and facts
Queensland deadlines are based on licence issue month
Queensland's normal deadline is four months after the end of the audit period, and the audit period is based on the month the licence was issued. In the final year of business, the report or declaration is due two months after stopping trading.
- Audit period based on licence issue month
- Report or statutory declaration due 4 months after period end
- Final year due 2 months after stopping trading
- Auditor must be appointed within 1 month of opening a trust account
Late lodgement consequences
Queensland Government guidance states that late lodgement can result in a fine, offence conviction, or licence cancellation or suspension. If your due date is near, confirm the date, request any extra time before it passes and submit complete audit records.
- Fine risk
- Offence conviction risk
- Licence cancellation or suspension risk
- Complete records remain the best practical protection
Frequently asked questions
Can I request a Queensland trust account audit extension?
Yes, Queensland guidance says an extension request can be made before the due date by emailing the Office of Fair Trading with reasons and the extra time needed.
Where do I send a Queensland extension request?
The Queensland Government page lists financial.oft@justice.qld.gov.au for extension requests.
When is a Queensland trust account audit normally due?
The audit report or statutory declaration is normally due four months after the end of the audit period, which is based on the licence issue month.
Related trust account audit resources
Deadline Extension Guide
Compare QLD with NSW, VIC, WA and other state extension positions.
Trust Account Audit Deadlines
See how Queensland's rolling audit period differs from fixed state dates.
Audit Period vs Audit Deadline
Understand the difference between the records period and the lodgement deadline.
Trust Account Audit Checklist
Prepare bank statements, reconciliations, ledgers and supporting records.
Ready to Start Your Trust Account Audit?
the right document checklist before audit work begins.
Trust account audit
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