Solicitors' Accounts Rules - ICAS
This practical half‑day update helps legal firms and finance teams navigate the key compliance requirements of Solicitors Accounts Rules (Rule B6). Gain essential skills in managing client money, rectifying breaches, ensuring accurate Accounts Certificates and working effectively with reporting accountants.
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Solicitors' Accounts Rules - ICAS
This practical half‑day course provides a clear and comprehensive guide to complying with Rule B6 of the Law Society of Scotland Practice Rules 2011, making it essential for solicitors, Cash Room staff, partners and accountants involved in managing or reviewing client money. The session covers the key principles of financial compliance, including the correct treatment of different types of client and firm money, the preparation of the Accounts Certificate, and the responsibilities of the Cash Room Partner. Participants will explore the rules most frequently breached, practical methods for rectifying issues, how to manage residual client ledger balances, and how to avoid common pitfalls that lead to non‑compliance. The course also explains the role of accountants and audit firms in reviewing compliance and reporting to the practice, alongside insights into what to expect during Law Society visits. With real‑world examples and shared experiences, delegates will leave better equipped to maintain robust financial controls and achieve consistently high standards of compliance.- No extra learning materials
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