Solicitors' Accounts Rules (ICAS)

BPP Professional Education
Course summary
3 hours
170 GBP excl. VAT
Edinburgh, Online courses
Next available date: Online delivery option may be available - Please contact provider. - Online courses
Professional Training

Course description

Solicitors' Accounts Rules (ICAS)

A reminder of the key matters to consider in achieving compliance with Rule B6, Accounts and Accounts Certificates of The Law Society of Scotland Practice Rules 2011

Suitability - Who should attend?

This course will be of use to you if have some experience in this area of regulation and are looking for an update in terms of the Rules and their application plus the opportunity to share experiences in this area of work.It is relevant for those in practice assisting clients achieve compliance, those in an accounts or cashiers team, accountants working with providers of legal services or anyone wishing revision in the key points in this essential area of compliance.

Training Course Content

Experience of compliance with the main provisions and concepts of the Rule B6:Accounts, Accounts Certificate, Professional Practice and Guarantee FundGuidance related to B6Overview of the Rules which are most often breachedRectifying breachesHow to avoid common pitfalls and traps in achieving acceptable levels of financial complianceRecognise different kinds of money handled by legal service providersExperience and importance of the need to deal with residual client ledger balancesThe importance of the role of the Cash Room Partner and the assistance providedAchieve acceptable levels of financial complianceExperience of Law Society visits and dealing with matters identifiedThe role of an accountant or audit firm in reviewing compliance with the Rules and reporting to the legal firm, including agreement of the terms of the engagement and reportingSharing of experiences and discussion

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BPP Professional Education

BPP Professional Education -  Accountancy, Tax, Financial Services, Law & Insolvency Courses

BPP Professional Education is one of the specialist examination-based and professional development training arm of the BPP Group, Europe's biggest professional education and publishing provider with 2,000 staff members across 40 countries and over 30,000 students per year. BPP Professional Education...

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BPP Professional Education

3 London Wall Buildings
EC2M 5PD London

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