This online workshop has been designed to meet the needs of those with an interest in learning how to tackle the age-old problem of residual client ledger balances and provides an overview of the requirements for firms under the SRA Accounts Rules, offering practical guidance for dealing with residual client balances. MORE
How a firm carries out and prepares bank reconciliations is a good indicator of the overall control environment within a firm. It’s one of the key controls – period. If it is not done compliantly it raises concerns about what else isn’t being done compliantly or at all, to reporting accountants and regulators during monitoring...
An Introduction to Legal Cashiering & Accounting online workshop is designed to meet the needs of individuals seeking to learn about the role of a legal cashier/legal bookkeeper and accounting within a law firm. It will give an introduction to legal accounts and how it all fits within legal practice. It is ideal for new...
An Introduction to the SRA Accounts Rules workshop is designed to meet the needs of individuals seeking to learn about the SRA Accounts Rules and how they apply within a law firm. It is ideal for new starters and for those returning to legal practice and accounts. MORE
The SRA Accounts Rules Training online workshop will explore the practical application of the accounts rules and best practice to ensure compliance. It will address issues that have emerged from the warning notices and guidance that has been subsequently released and will look at conundrums and scenarios. MORE
Join the Social Support Team and members from our Compliance Support Panel for our legal compliance and accounts forum. Whether it’s a compliance question you would like to pose to a wider group for input or if you just want to listen to current and relevant topics, this is the forum for you. MORE
VAT is a complex and ever changing tax. VAT Within Law Firms online workshop is designed to focus on the areas that cause the most confusion and the areas that we see HMRC specifically target law firms during a VAT inspection. MORE
Since January 2013, the Compliance Officer for Finance and Administration (COFA) has had a significant responsibility for ensuring firm’s meet their regulatory obligations and compliance with the SRA Accounts Rules and that any breaches of the SRA Accounts Rules are documented and reported back to the SRA. In addition to the COFA’s role in relation to...
This workshop focuses on the correct treatment of disbursements for VAT purposes and recharged overheads. The workshop will look at both HMRC’s and the SRA’s definition of disbursement and it will explore the VAT Act 1994, Notice 700, case law and address issues that have emerged from cases like the ‘Brabners’ decision and the implications...
The Billing Within Law Firms online workshop explains what the solicitors’ bills rules are, looking at billing procedures and processes, ensuring that VAT is accounted for correctly in accordance with the VAT Act 1994 and the Brexit changes. It will also look at the different categories of bills that can be issued. MORE
