Course description
This virtual classroom session will help law firms prepare for their annual accounts and SRA Accounts Rules audits, exploring what you can do to make the process run more smoothly.
It is presented by Ian Johnson, a highly experienced trainer who regularly advises law firms on financial and regulatory compliance.
Topics discussed will include the key areas of estimation in a firm’s annual accounts (including work in progress valuations, provisions and bad debts), the roles of the statutory auditor and reporting accountant and how they differ, and the reporting accountant’s approach to the SRA Accounts Rules review.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This virtual classroom session will help law firms prepare for their annual accounts and SRA Accounts Rules audits.
The session will consider the key accounting estimates that auditors of law firms will focus on, the Reporting Accountant’s approach to the SRA Accounts Rules review and what you can do to make the process run more smoothly.
What You Will Learn
This live and interactive session will cover the following:
- Key areas of estimation in a firm’s annual accounts - including work in progress valuations, provisions and bad debts
- The roles of the statutory auditor and Reporting Accountants and how they differ
- The Reporting Accountant’s approach to the SRA Accounts Rules review - what we do and what we report on
- Reportable v non reportable breaches of the SRA Accounts Rules
- What law firms can do to make the annual process run more smoothly
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...