On Demand Training Videos
As an Org Plus Plan subscriber, you have unlimited access to the On Demand training library of pre-recorded training videos. You can watch these as many times as you like at your own leisure. Questions can be posed to trainers during and after the video, with responses being provided within 2 working days. Ensure you’re logged into your account to access.
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CLC Accounts Code – The Essentials
Length: 3 Hours
Published October 8, 2022
Last Updated on October 8, 2022
Who is this training for?
This online workshop is for Legal Executives, Lawyers, Accountants, Compliance Officers, HOFA’s, Legal Accounts Professionals, Legal Cashiers and anyone that has any involvement in working in legal finance and compliance.
Purpose of this training?
This online workshop explores the main provisions of the Council for Licensed Conveyancers (CLC) Accounts Code in conjunction with the detailed guidance issued by the CLC. By cutting through the jargon you will learn how to apply the accounts rules contained within the CLC Accounts Code in a practical manner ensuring that clients’ money is handled correctly. Delegates attending this workshop will quickly build a sound understanding of the CLC Accounts Code by looking at the most common compliance issues that occur in practice and the pitfalls to be avoided including problem areas such as the treatment of aged balances on client ledger accounts.
- Disbursement Definition (HMRC and CILEx)
- Qualifying Payments
- Disbursement Accounting Methods (Agency and Principal)
- Medical Reports/Records
- Search Fees and Search Agencies
- VAT Invoices/Bills
- Counsel Fees
- Case Law
Further Information
Practice notes and training sessions represent the Association of Legal Compliance & Accounts’ view of good practice in a particular area. They are not intended to be the only standard of good practice that firms can follow.
Practice notes and training sessions are not legal advice, and do not necessarily provide a defence to complaints of misconduct or poor service. While we have taken care to ensure that they are accurate, up to date and useful, we will not accept any legal liability in relation to them.
Frequently Asked Questions
All ALCA online training is delivered live, interactive and is recorded. We bridge the gap between ‘face-to-face’ and online training by applying a blended approach. Questions can be posed to trainers throughout the workshops with quizzes/polls being used to engage with attendees.
Workshops can be continuously replayed for 60 days after broadcast.
Benefits?
- Reduced cost
- Can be taken anywhere on any device – no travel time or cost
- Shorter and more efficient than face-to-face
- Live and interactive
- Recorded and can be replayed at your leisure
Our online workshops are delivered via Zoom. You can access the session via your computer, tablet or mobile device.
Details on how to join the online session will be provided the day before the training goes live.
We recommend you run a system test and check your internet speed by clicking HERE.
If your firm prevents you from using Zoom, please contact us.
There is no requirement to attend live but we advise that you do where you can as this will be the best experience for you. Don’t forget, you can pose questions live to the trainer and join in with the interaction when you attend live. Also, be mindful that you have access to the recording for 30 days, after which, it will no longer be available.
Not at all. We prefer it if candidates do as it makes the training more engaging but it is not mandatory to turn your camera or microphone on during the training session.
If you don’t have a microphone, you can still pose questions using the chat facility.
