Course description
Aimed at legal staff and cashroom managers, this live and interactive broadcast session will provide a review of the Scottish Law Society Accounts Rules. It will address common problem areas and risks to avoid, ensuring your knowledge is fully up to date in just 2 hours.
Join expert presenter Caroline Myles in our virtual classroom as she discusses a range of pertinent topics including 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, ‘messy books’ and shortage in clients' accounts, bank reconciliations and invested funds), residual balances, slab outlays, internet banking, fraud, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
With problem areas and potential risks to avoid including fraud, this live broadcast session is aimed at legal staff and cashroom managers and will provide a review of the Scottish Law Society Accounts Rules.
The broadcast will consider how to deal with residual balances, slab outlays and 'messy' books; including shortages in client accounts.
What You Will Learn
This live and interactive session will cover the following:
- A review of the 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...