SRA Audits - from an auditors perspective

SRA Audits - from an auditors perspective
Create Account
Watch Trailer
  • 59m
  • All Levels
  • Released 6th Sep 2021
  • Play Video
  • Play Trailer
  • Share the video

A talk through of the critical areas of the annual client money / SRA Accounts Rules audit, from the point of view of an experienced auditor and Reporting Accountant of more than 20 years.

The session looks at the role of the Reporting Accountant and what all firms should be doing to make sure they are prepared for the audit. We will focus on the SRA high risk areas that all firms need to be absolutely in control of, including residual balances, the provision of prohibited banking facilities and billing for costs and disbursements, as well as how the Reporting Accountant will be reviewing your compliance with these. We will also consider what firms must do to remain compliant going forward.

Have a question? If you have any comments or feedback around this content, please get in touch.

Learning objectives:

  • SRA Accounts Rules compliance.
  • An understanding of the critical risk areas in the SRA Accounts Rules.
  • How to plan and prepare for the annual SRA Accounts Rules audit.
  • Understand the importance of SRA guidance.
  • Understand the approach that the Reporting Accounts will take and making sure firms are prepared.

Your CPD Certificate can be found in your Account.

Ian Johnson

Principal Consultant • Johnson Consulting

Ian is a qualified accountant and works closely with professional practices, especially law firms.

View Full Profile

Recommended for you

The SQE: The benefits and looking forward
Management
In partnership with Law Training Centre
Buying Selling and Merging a Law Firm
Management
In partnership with Viv Williams Consulting
Property Report from InfoTrack
Commercial Property
In partnership with InfoTrack
Connecting Law Firms, Your Clients and Case Management
Residential Conveyancing
In partnership with InfoTrack
Introducing the agile law firm
Management
The SQE: The benefits and looking forward
Management
In partnership with Law Training Centre

Sign up - get notified first of new content releases

Social Channels

© 2021 All rights reserved For Media Group Registered in England No. 13063455 VAT Registration Number GB367031995