1
Type Speaker CPD Hours Level
Webinar
& DVD
1.25 UpdateInformation
Accreditation Information
SRA Competency A D

Introduction

The recent adaptations to the Accounts Rules - now in Version 20 - see the latest in a long line of revisions by the SRA.

Further, the Accounts Rules are undergoing radical overhaul. They have been substantially reduced in length and prescription, and are shorn of much of the detailed provisions. The new rules will be implemented by April 2019. But - it is likely that fundamental errors will remain. This webinar will focus on the key errors that would excite the interest of the regulator.

What You Will Learn

This webinar will cover the following:

  • The Current Regulatory Position
    • New SRA approach to the regulator's position
    • Current Risk Outlook Spring 2019
    • Key areas of attention
      • Frauds
      • Use of client account as a bank
      • Inappropriate investment advice
  • The Existing Rules
    • What do they currently require?
    • Dealing with fees and costs
    • New accounting provisions
    • Key errors
  • SRA's Key Concerns
    • Identification and protection of client money
    • Use of funds only for their intended purposes
    • Return of funds at the end of a matter - how do you get rid of small balances?
    • Auditing, investigation and enforcement - the new approach
  • The Internal Position
    • The (increased) role of the COFA?
    • What about Accountants' Reports - do you still need them? Do you want them?
    • Rules on audits and procedures; qualified reports
  • Practical Responses - Delivering the regulator’s new expectations

This pre-recorded webinar will be streamed at 12:30pm on Wednesday 24th April 2019 and will remain available to view by delegates who have registered by then for 90 days.

Quick Quiz - Test Your Knowledge: Solicitors Accounts Rules

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SRA Accounts Rules - Fundamental Errors to Avoid

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Apr
24
2019
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SRA Accounts Rules - Fundamental Errors to Avoid

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SRA Accounts Rules - Fundamental Errors to Avoid

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DVD
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SRA Accounts Rules - Fundamental Errors to Avoid

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£198
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New: Enjoy unlimited 24/7 access to over 650 webinars with an MBL Annual Webinar Subscription. Email webinarsubscription@mblseminars.com for details.

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