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Solicitors' Accounts Manual

Format: Paperback / softback
Publisher: The Law Society, London, United Kingdom
Published: 14th Dec 2016
Dimensions: w 156mm h 234mm
ISBN-10: 1784460567
ISBN-13: 9781784460563
Barcode No: 9781784460563
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Synopsis
This new edition of the Solicitors' Accounts Manual will ensure you are fully up to date with the latest changes to the Accounts Rules up to 1 November 2016, as well as relevant sections of the SRA Handbook (version 18), such as the SRA Overseas Accounts Rules 2013. It also includes fully revised appendices and new guidance such as the SRA warning notice on money missing from a client account, and Law Society practice notes on residential client balances and protection for client accounts. It covers the following significant changes: - the exemption of some firms from the requirement to obtain an accountant's report - the removal of rigid restrictions on the format of the report to allow the accountant to exercise their professional judgement and concentrate on risks to client money - the simplification of the overseas accounting requirements. - a new Accountant's Report Form (AR1), with SRA guidance for its completion, including the transitional arrangements. The Solicitors' Accounts Manual is an official source of reference which is relevant to every legal practice.

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