Final answer:
Trust account audits are often required to be completed annually within two months following the end of the fiscal year, which varies based on the organization or individual.
Step-by-step explanation:
The audits of trust accounts are typically required to be completed annually, and the specific timeframe for when these audits must be done is often mandated by state law or industry regulations. In many jurisdictions, trust account audits must be completed within two months following the end of the fiscal year for the account, which may vary depending on the organization or individual. This period allows an auditor enough time to thoroughly review the financial statements and transactions of the trust account to ensure compliance with legal and ethical standards.