Legal & Professional

Legal firms have formed a key part of our specialist portfolio for many years. We offer specialist legal accounting advice on accountancy and taxation services, business strategy and advice in industry-specific areas such as an accountants’ reports for the Solicitors Regulation Authority (SRA).

Legal & Professional

We work with professional practice clients providing not just the normal accounting services, but also at the strategic level, to help drive your partnership, corporate business or LLP forward.

 

Our experience, gained from advising businesses, has made us a firm with broad commercial knowledge able to add value to your business.

 

We can arrange for a team of auditors with extensive knowledge and experience to meet your individual needs and carry out the completion of Accountants’ Reports for Solicitors Accounts Rules. We help clients comply with Accounts Rules and provide advice on how clients’ moneys must be dealt with. We understand the Accounts Rules are complex and offer a health check service when needed.

 

We can also assist with the training and review of software designed to comply with the Solicitors Accounting Rules.

 

Any money you hold on behalf of clients must be handled in accordance with Solicitors Regulation Authority (SRA) rules. Most firms achieve basic compliance, but inaccuracies and irregularities do creep in. We will carry out a specific audit of your systems and processes for handling clients’ cash, and submit a report to the Solicitors Regulation Authority on your behalf.

 

As you are aware, compliance with the SRA Accounts Rules is vital. Our expertise ensures that your client money is appropriately ring-fenced, and that you have the right systems for recording transactions accurately and completely.