Compliance with the SRA Accounts Rules – practical advice and application for 2022/23

With law firms facing increased internal and external risks, how can you ensure your practice is fully compliant? During this webinar, our specialists will provide you with practical advice and worked examples that you can incorporate in to your legal practice. We will discuss:

• An update on the SRA’s critical issues
• Accounting for interest received under increasing interest rates
• Rule 3.3 – what constitutes a breach under the banking facility rule
• Practical advice for improving controls in high risk areas
• Guidance for improving controls when agile working
• Role and responsibilities of the COFA
• Checking non-standard bank reconciliations

There will also be a 15 minute Q&A session with our expert panel where they will answer any specific questions you have.

REGISTER HERE

Who should attend? Partners, COFAs, COLPs and anyone involved in the finance aspects of the Firm. Speakers Karen Hain, Partner and Head of Professional Practices Karen has worked with professional practices for almost 20 years and currently heads up the specialist sector team for MHA. Karen is a registered auditor and internal auditor, which gives her a great understanding of risk management, systems and controls. She acts as a sounding board for her legal sector clients and can provide advice that they can use to gain tangible results. Kate Arnott, Partner and Professional Practices Specialist Kate works closely with legal practices and has a specialist understanding of the specific challenges and opportunities faced by the sector. Her invaluable experience of advising solicitors and law firms on their growth strategy, Solicitor Accounts Rules requirements and LLP structures means she is well placed to advise her clients on both practical and strategic solutions. Robert Blech, SRA Specialist Director Robert is a qualified accountant and specialises in accounts preparation, audit and general consultancy. Robert has a legal background and due to his extensive technical knowledge and deep understanding of the sector, takes charge of Solicitor Accounts Rules audits. He has worked within the industry for over 20 years.