Legal Practitioners Trust Accounts - Audit Considerations for Managers and Partners 2024

Price:
R486.45 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Legal Practitioners Trust Accounts
Lecturer:
Tristan David-Crewe White
Duration:
150 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Did you know that the 2020 Revised IRBA Guide forces auditors to decline attorney trust account audit engagements if audit team members are not competent in their understanding of the New Legal Practice Act and Rules?
In this session we simplify all sections of the Legal Practice Act and its Rules that affect the trust account, and help you establish well-thought-out audit approaches for each Rule.
Our goal is to get you and your team, audit-ready!
During this session, we will
• Simplify all of the Legal Practice Act and Rules affecting the trust account
• Discuss where to potentially start when identifying populations / supporting documentation for testing
• Highlight key areas of risk for specific Rules
• Give you a simplified overview of the new Legal Practice Act / Rules requirements
• Discuss approaches to testing Rules