Solicitors’ Client Accounts (ROI) - Audit Procedures & Reporting under the 2023 Regulations

Introduction

When an accountant is engaged by a solicitor, the assignment will often include the preparation of a Reporting Accountant’s Report under the Solicitors Accounts Regulations 2023.

This requires obtaining details of all practice-related bank accounts, including client, office, trust and insolvency accounts and carrying out procedures in accordance with Regulation 28(2) and (3).

Key audit procedures include testing client ledger postings around the accounting date, performing checks at selected balancing dates where irregularities may arise and verifying that transfers from client to office account are properly supported by bills of costs and appropriate client authority.

Presented by Elaine Jackson of Process Accountants, this webinar will consider the key requirements of the Regulations and provides practical guidance on the audit of solicitors’ client accounts and completion of the Reporting Accountant’s Report.

This webinar is aimed at accountants. It will also be of interest to auditors and solicitors involved in reporting and compliance engagements.

What You Will Learn

On completion of this webinar, you will be able to:

• Identify the key considerations when accepting a Reporting Accountant engagement
• Understand the operation and structure of solicitors’ client and office accounts
• Apply key audit procedures to client account transactions in accordance with the Solicitors Accounts Regulations 2023
• Identify appropriate audit evidence in respect of client monies and account movements
• Assess the adequacy of supporting documentation for transfers from client to office account
• Recognise common risk areas and potential regulatory breaches in client account handling
• Apply practical testing techniques to client ledger postings and bank account reconciliations
• Complete the Reporting Accountant’s Report in accordance with regulatory requirements

Please click here to explore more courses relevant to Ireland.

This pre-recorded webinar will be available to view from Wednesday 19th August 2026

Alternatively, you can gain access to this webinar and 2,400+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.