At the end of every financial year, the EAAB requires your auditor to submit your AUDITED financials on or before the end of June each year. An extension may be granted at the EAAB’s discretion.
Once the financials have been completed, the auditor needs to log in to the EAAB’s Auditors portal and submit the financials of both the trust account and the business account.
Non-submission of the audits will result in the disqualification of the estate agency and disciplinary measures will be taken by the EAAB.
For more information kindly visit the EAAB’s website, www.eaab.org.za.