Latest News (25/01/2010)
The Solicitors' Accounts Rules (SAR) one-day course is now being held for
firms in-house until 31 March 2010. The course will include:-
-
An overview of
all the SAR's to enable solicitors' staff to find their own way around
as needed in their work.
-
Recent changes -
an explanation of the nature and affect of the recent
amendments including the need to deal with closing balances promptly
(effective from 14-07-08), legal disciplinary practices (LDP’s) and firm
based regulation, abolition of the concept “controlled trust” and of
interest certificates (all effective from 31-03-09).
-
The
basic Rules
that accounts staff will be using daily. This is the core of the
course and will cover client money/office money, requirements for a
client (bank) account, paying money into and taking money out of a
client account, receipt and transfer of costs, and record keeping.
-
Bookkeeping and VAT
aspects which flow naturally from a practical study of the SAR’s,
including the VAT treatment of expenses and disbursements.
-
Materials -
Those attending will receive a set of notes and the Solicitors Accounts
Manual (11th Ed.) which contains the latest version of the Solicitors'
Accounts Rules.