20th March 2025

TIMING

COURSE CODE

MA20A5

SPEAKER

 Janet Taylor

OBJECTIVES

Our annual update will provide delegates with a detailed review of the SRA Accounts Rules, any changes to the Rules in the last 12 months and a review of the most up to date guidance from the SRA relevant to the work and role of the Reporting Accountant.

WHO SHOULD ATTEND?

All partners and staff who have a reasonable knowledge of the rules and need to keep fully up to date with changes, be confident in recognising problem and riskier areas under these ‘principles’ based rules.

TOPICS

The session will cover:

The rules themselves including:

• Key Definitions  – including any changes
• Dealing with receipts and payments and transferring money for the firm’s charges
• Problem areas: including the prohibition on banking facilities (the latest warning notice and case studies) and how firms should be dealing with client balances
• Operating client own bank account
• All the guidance from the SRA
• What can we learn for recent SRA regulatory settlement agreement and  SDT rulings

The role of the Reporting Accountant:

• Terms of engagement and SRA expectations
• The most up to date guidance from the ICAEW and the SRA regarding
  • Serious breaches/reportable issues – when to report?
  • Most common breaches reported
• Potential impact of the SRAs Consumer Protection review on firms’ holding client money .

VENUE

This course will be available live online. You will be emailed the link to join two days before the course date.

DISTRICT

All

COURSE FEE

£105+VAT. (click here for information on the Flexiticket discount scheme - fees as low as £62.00+VAT per place).