Audit of Real Estate Accounts

You will create a financial record of transactions for a rented property, create profit and loss statements and other documentation for lodgement with the Australian Taxation Office and conduct an audit of accounts for legal proceedings. All financial statements and records must comply with Australian Taxation Office requirements You will enter all payment and expense data from invoices into an Xcel spreadsheet or similar accounting tool. You will then create quarterly profit and loss statements and prepare financial statements for lodgement with the ATO. Once completed, you will audit the financial records for accuracy using information from the property management contracts and tennancy agreements. You will pay particular attention to discrepancies in dates, payments relating to SA Water accounts, fees and costs not within the scope of the contract and payments that have been miscalculated or in arrears eg. an entry stating tennant payed a water usage cost for feb 2018 on an invoice for feb 2019. You will create an audit report, documenting details of the process that you used to complete the audit and all discrepancies found. The audit report may be used as evidence in legal proceedings so it is vital that all information is accurate and all errors recorded. You will need to be proficient in reading english, be knowledgeable in Australian Taxation Laws and have experience in real estate accounting management. Previous audit experience is a must. You will need to sign a confidentiality agreement prior to commencement. The task needs to be completed within 3 days of allocation. This includes any revisions that may need to be completed. Payment will be received upon successful completion of the task.