Unless the Commissioner approves otherwise, who must conduct the annual audit of a WA real estate agent's trust accounts?
Correct Answer
D) A registered company auditor
Section 70 of the WA Act requires an annual audit of every agent's trust accounts. Unless the Commissioner approves otherwise, a registered company auditor must conduct the audit. The Commissioner can also order an inspection or an interim audit at any time, and a termination audit is needed when an agent's triennial certificate ceases to have effect.
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