Price:
R1280.64 (VAT Incl.)
Level:
Accounting professionals
Sub-level:
Attorneys Trust Account Audits
Lecturer:
Tristan David-Crewe White
Duration:
390 Minutes
Additionals:
R1280.64 (VAT Incl.)
Level:
Accounting professionals
Sub-level:
Attorneys Trust Account Audits
Lecturer:
Tristan David-Crewe White
Duration:
390 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Recording transactions in an attorney’s trust records is often misunderstood by qualified CAs and RAs, let alone attorneys and trainee accountants / auditors.
This practical session aims to help you understand how to account for the debits and credits relating to various trust transactions, in accordance with the Legal Practices Act and Rules.
• Grow familiar with the Legal Practices Act and Rules that have a direct / indirect impact on trust accounting transactions
• Understanding the accrual VS cash basis of accounting
• Practicing the accounting debits and credits through using a case study
• Completing a Practitioners Annual Statement for trust transactions / balances
This practical session aims to help you understand how to account for the debits and credits relating to various trust transactions, in accordance with the Legal Practices Act and Rules.
• Grow familiar with the Legal Practices Act and Rules that have a direct / indirect impact on trust accounting transactions
• Understanding the accrual VS cash basis of accounting
• Practicing the accounting debits and credits through using a case study
• Completing a Practitioners Annual Statement for trust transactions / balances