Avin Accountants offers wide ranging accounting service for the legal profession. Through years of experience acting for professionals in the legal sector as well as clients in the wider spectrum, we can ensure that the advice and service you receive is invaluable to your business and you personally.
Every year solicitors are required to report to the SRA (Solicitors Regulation Authority) about monies passing through their client accounts. The guidance from the SRA surrounding the reporting rules were changed in October 2011 and now all solicitors are required to ensure that:
– client money is safe;
– clients and the public have confidence that client money held by firms will be safe;
– firms are managed in such a way, and with appropriate systems and procedures in place, so as to safeguard client money;
– client accounts are used for appropriate purposes only; and
– the SRA is aware of issues in a firm relevant to the protection of client money.
Avin Accountants are able to support solicitors with all aspect of their reporting and compliance for the SRA as well as advising on how current processes can be improved.