About - Simeoni

About Us

By title Simeoni are business accountants, Real estate accountants and audit specialists, tax agents, business advisors, financial advisors, planners and auditors but it is so much more!

As experts in business development, we guide and assist our clients to achieve their goals and we take pride in their achievements.

Simeoni is about satisfaction, security and success. We understand how to turn a vision into reality!

We have grown from a one man, one room office to a full team of professionals enjoying four suites of refurbished office space with an impressive, longstanding portfolio of quality business owners. This is not just the journey of our firm but the journey we take our clients on.

As most business operators are aware, there is a lot more to managing a successful business than just the act of “doing the job”.

With over 20 years of experience in the industry Simeoni diligently provides various business financial services.

Clients at Simeoni are treated according to their individual needs which involve:

  • Customised programs
  • Relevant advice
  • Accurate information
  • Regular updates
  • All within the comfort of a reasonable fixed price agreement

We are also known for going that extra step to make our clients feel special and allow them to enjoy peace of mind!

Contact us now to see how our accounting experts can help.

Level of Experience and Undertaking in the Real Estate Industry

Simeoni is a leader in Australia for the Real Estate Industry, with specialised services designed specifically around real estate agents.

Following is an indication of the level of involvement and understanding Simeoni has with the real estate industry.

  • Largest Real estate trust account auditor in NSW for over 500 agencies in the 2020 financial year
  • Experienced trust account auditors in NSW, QLD, SA, NT, ACT, WA and VIC
  • Conducted over 10,000 trust account audit engagements over the past 28 years
  • Advised and at times arranged the sale or purchase of over 100 property management businesses (rent rolls)
  • Performed numerous rent roll valuations 
  • Developed specialised programs to perform real estate trust account audits in NSW and each state or Territory in Australia
  • Simeoni has over 4,500 real estate subscribers to our newsletters, updates and alerts
  • Performed franchise audits for a number of large Franchises such as L J Hooker, Wiseberry, Raine & Horne etc
  • Prepared and submitted a real estate industry report to NSW Fair Trading in 2014 & 2017 on the compliance status with recommendations. Presently 4 out of the 9 recommendations have either been implemented or are in the process of being implemented.
  • Developed specialised advisory, taxation and accounting programs specifically for real estate agents.
  • Simeoni has been engaged by a number of software providers for real estate trust accounting as advisors to ensure they comply with various state legislations.
  • One of the largest strata plan auditors in NSW
  • Simeoni has also teamed up with End of Month Angels who are specialist in real estate trust accounting and Mistay Fallahi – specialist legal firm for the real estate industry.
  • Simeoni conducts all its’ trust account audits in Australia by employees only. We do not outsource our work to a third party overseas.

The Simeoni team is led by Paul Simeoni – Director, Principal, Founder

Simeoni & Co Pty Ltd is a Registered Authorised Audit company 

ASIC – Registration number: 332 869.

Qualifications – Registered Company Auditor

  • Fellowship of CPA Australia 
  • Registered Tax Agent
  • Bachelor Degree of Business (Accounting)
  • Registered Auditor for Self Managed Superannuation Funds
  • Financial Planner
  • Justice of the Peace

Experience – Registered Company Auditor for over 22 years

  • Audit of Real Estate trust accounts for over 25 years
  • General Auditor for over 28 years which includes entities with a turnover of over $100 million
  • Strata plan audits for over 10 years
  • SMSF audits for over 15 years
  • Prepared and submitted a real estate industry report to NSW Fair Trading in 2014 & 2017 with recommendations for improvement to trust account reporting and maintenance
  • Involved in the purchase and sale of over 100 rent rolls over the past 26 years