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CLP Legal Practice Guides: Accounts for Solicitors 2019/20

CLP Legal Practice Guides: Accounts for Solicitors 2019/20

CLP Legal Practice Guides: Accounts for Solicitors 2019/20

Author: Jacqueline Kempton; Lesley King
Publisher: College of Law Publishing
ISBN: 9781912363995

Previous Edition ISBN: 9781912363421
Published In: July 2019
Format: Paperback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents

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Accounts for Solicitors is a practical introduction to a subject that all practising solicitors need to understand. The text is divided into two parts: the first explains fundamental accounting concepts to allow students to read and interpret end of year accounts, the second deals with the accounts of solicitors and, in particular, the need to account for a client’s money.

Written in simple, non-technical language, Accounts for Solicitors provides a clear and comprehensive introduction to this complex subject with worked examples, self-test sections and key learning points at the end of each chapter to help illustrate and reinforce the unfamiliar, and often difficult, concepts involved.

Part II of the book has been completely rewritten to take account of the new SRA Accounts Rules 2019 and the change from detailed and prescriptive Rules to a simpler system focusing on key principles.

Business Accounts

Introduction

Double Entry Bookkeeping

Final Accounts

Adjustments

Partnership Accounts

Introduction to Company Accounts

Company Accounts: Regulation and Format

Analysis of Accounts

Solicitors’ Accounts

The SRA Accounts Rules 2019

Entries for Recording Simple Client Transactions

Transfers

Value Added Tax

Splitting Cheques, Mixed Receipts and Dealing with Bills

Accounting to the Client for Interest

Financial Statements

Accounting Problems for Solicitors

Compliance

Extracts from the SRA Accounts Rules 2019

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