Solicitors Accounts Compliance
Solicitors holding client monies must ensure that records are compliant with the Solicitors Regulation Authority (SRA) accounts rules. Navigating these rules and ensuring compliance can be challenging whilst focusing on running and growing a business.
Our team have a wealth of knowledge and experience in helping legal practices meet these challenging requirements. We will:
- Complete the SRA audit and submit the Solicitors Accountant’s Report
- Prepare a report to the management of the practice, detailing the outcome of the audit, and identifying improvements that could be made to systems and controls to assist in compliance
- Complete the report in a quick turnaround to ensure deadlines are met (the SRA deadline is six months)
- Work closely with the Compliance Officer for Legal Practices (COLP) and for Finance and Administration (COFA) of your practice
To find out how we can help your practice comply with SRA requirements, please contact us today.