QLD AUDIT PORTFOLIO

Not-for-Profit Audit Portfolio for Sale.

REFERENCE: S-1003

FY2026 AUDIT FEES

$348K

Signed engagements

FY2027 FORECAST

$363K

From Organic Uplift

ESTABLISHED

20+ years

RCA in continuous practice

ACTIVE ENGAGEMENTS

63

Across 2 audit categories


CATEGORY

Audit Portfolio

LOCATION

Gold Coast


OVERVIEW

This established audit portfolio consists of recurring statutory audit engagements for charities, community organisations and licensed clubs across Queensland.

Clients typically have straightforward reporting requirements, making the engagements operationally efficient for an experienced audit practitioner or firm.

With consistent growth in both engagement numbers and average fees in recent years, the portfolio offers a stable base of recurring compliance work with predictable fee growth.

REASONS FOR SALE

The principal auditor is retiring from practice after a long career in the profession and is seeking to transition the audit portfolio to a suitable successor. The vendor will assist the buyer in the handover period to support client continuity and smooth transition.

INVESTMENT HIGHLIGHTS
  • Annual Fee Growth 5%: Approximately 85% of the engagement letters include an automatic 5% annual fee indexation, creating predictable organic fee growth. No client re-negotiation necessary.

  • Compliance History: Operated by a Registered Company Auditor (RCA) with 20+ years continuous practice. All clients rated low complexity. Independence sign-offs in place across all engagements.

  • Signed Engagement Letters: All engagements covered by signed letters documenting fees, scope and expense terms.

  • Clean Transition: Fixed-fee engagements with 30-day payment terms. No unbilled WIP at transition. RCA vendor available to support the buyer through the first full audit cycle. Buyers inherit active engagements.

TRANSACTION OVERVIEW
  • Structure: Fee parcel sale, full transfer of engagements and client relationships.

  • Transition: RCA vendor available to support buyer through the next audit cycle.

  • Consideration: Transaction terms subject to due diligence and agreement.

Interested? Let’s talk.

Interested parties must conduct their own due diligence. More details available upon execution of NDA.