Course description
As part of the move to less rigid regulation many relaxations were offered as part of the Accounts Rules - not least the removal of the need to refer us to the SRA, unless there was a real threat to client money.
That said, most firms have adopted a strict ‘keep calm and carry on’ approach which has necessitated little change.
As a result, many firms have recently come unstuck over (probably inadvertent) breaches of the Accounts Rules, and the relationship with our accountants has become a little testy as they feel under pressure to do the SRA monitoring job for them.
Presented by compliance expert Trevor Hellawell, this virtual classroom seminar will reflect on the impact of the Accounts Rules since their introduction in 2019 and how the SRA’s priorities and areas of concern have evolved over this period.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
As part of the move to less rigid regulation many relaxations were offered as part of the Accounts Rules - not least the removal of the need to refer us to the SRA, unless there was a real threat to client money.
That said, most firms have adopted a strict ‘keep calm and carry on’ approach which has necessitated little change.
As a result, many firms have recently come unstuck over (probably inadvertent) breaches of the Accounts Rules, and the relationship with our accountants has become a little testy as they feel under pressure to do the SRA monitoring job for them.
Presented by compliance expert Trevor Hellawell, this virtual classroom seminar will reflect on the impact of the Accounts Rules since their introduction in 2019 and how the SRA’s priorities and areas of concern have evolved over this period.
What You Will Learn
This live and interactive session will cover the following:
- The new relaxations (in outline)
- Particular problems and recent punishments
- Baking facilities
- Residual balances
- Relations with our accountants - what are they looking for, and shouldn’t we have reported it already?
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...