17th March 2027

TIMING

COURSE CODE

MA17A7

SPEAKER

 Janet Taylor

OBJECTIVES

Our annual update will provide delegates with a detailed review of the SRA Accounts Rules, any changes to the Rules in the last 12 months and a review of the most up to date guidance from the SRA and the ICAEW relevant to the work and role of the Reporting Accountant.

WHO SHOULD ATTEND?

All partners and staff who have a reasonable knowledge of the Rules and need to keep fully up to date with changes, be confident in recognising problem and riskier areas.

TOPICS

The session will cover:

The rules themselves including:

• Key Definitions  – including any changes
• Dealing with receipts and payments and transferring money for the firm’s charges
• Problem areas: including systems for dealing with residual balances;  the prohibition on banking facilities;  firm’s operating clients’ own bank accounts as signatory;
• Take aways from recent SRA regulatory settlement agreements and SDT rulings

The role of the Reporting Accountant:

• Terms of engagement and SRA changes to the filing of Accountant’s report
• Latest guidance from the ICAEW and the SRA regarding
  • Serious breaches/reportable issues – what to consider and when to report?
  • Most common breaches reported
• Any updates on the impact of the SRA’s continued consideration of law firms holding client money and the treatment of client account interest

VENUE

This course will be available live online. You will be emailed the link to join two days before the course date.

DISTRICT

All

COURSE FEE

£115+VAT. (click here for information on the Flexiticket discount scheme - fees as low as £67.00+VAT per place).