Price:
R1132.75 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Legal Practitioners Trust Accounts
Lecturer:
Tristan David-Crewe White
Duration:
390 Minutes
Additionals:
R1132.75 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Legal Practitioners Trust Accounts
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 by using a case study
- Completing a Practitioners Annual Statement for trust transactions/balances