Course description
Aimed at legal staff and cashroom managers, this in-person seminar will provide a review of the Scottish Law Society Accounts Rules and highlight the problem areas and potential risks to avoid, including fraud.
Topics discussed by presenter Caroline Myles will include a review of the rules and how they apply in practice, problem areas and potential risks (including the firm's financial position, correct record keeping, shortage in clients' account, bank reconciliations and invested funds), the Law Society Certificate, dealing with residual balances, slab outlays and internet banking (including fraudsters gaining access to your client account and ensuring your staff are suitably trained).
Caroline is the director of Cashroom Solutions Limited and carries out the cash work for legal firms across Scotland. Be sure to join her for some invaluable guidance in this crucial area.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
With problem areas and potential risks to avoid including fraud, this course is aimed at legal staff and cashroom managers and will provide a review of the Scottish Law Society Accounts Rules.
The in-person course will consider how to deal with residual balances, slab outlays and 'messy' books including shortages in client accounts.
What You Will Learn
This course will cover the following:
- A review of Law Society Accounts Rules and how they apply in practice
- Problem areas & potential risks
- Firm's financial position
- Correct record keeping
- Messy books - shortage in clients' account
- Bank reconciliations
- Invested funds
- Law Society Certificate
- Dealing with residual balances
- Slab outlays
- Internet banking
- Fraudsters gaining access to your client account
- Are your staff trained?
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...