Solicitors' Accounts - A 2 Hour Update on the Scottish Law Society Rules
Select a date
8 May 2024 - Glasgow
23 Sep 2024 - Edinburgh
Session
8 May 2024
2:00 PM ‐ 4:15 PM
Session
23 Sep 2024
2:00 PM ‐ 4:15 PM
All prices exclude VAT
Added to Basket
Seminar
Solicitors' Accounts - A 2 Hour Update on the Scottish Law Society Rules
Introduction
With problem areas and potential risks to avoid including fraud, this course is aimed at legal staff and cashroom managers and will provide a review of the Scottish Law Society Accounts Rules.
The in-person course will consider how to deal with residual balances, slab outlays and 'messy' books including shortages in client accounts.
What You Will Learn
This course will cover the following:
- A review of Law Society Accounts Rules and how they apply in practice
- Problem areas & potential risks
- Firm's financial position
- Correct record keeping
- Messy books - shortage in clients' account
- Bank reconciliations
- Invested funds
- Law Society Certificate
- Dealing with residual balances
- Slab outlays
- Internet banking
- Fraudsters gaining access to your client account
- Are your staff trained?