Client Account Reconciliations - Getting it Right

Introduction

The SRA Accounts Rules require all firms to reconcile their client accounts at least every five weeks.

This new virtual classroom seminar will cover the practical and technical requirements for performing reconciliations.

SRA Accounts Rules specialists Ian Johnson and Luke Dickinson offer guidance on best practice and will run through live examples of reconciliation preparation and review.

What You Will Learn

This live and interactive session will cover the following:

• How to perform a reconciliation
• The methodology of comparing the bank statements to the cashbook, and client matter listing total
• When reconciliations need to be performed and reviewed
• How to identify issues and correct issues on a reconciliation
• Common problems in reconciliations and how to find them
• Re-issuing your corrected reconciliation
• How to present your reconciliation
• Ideas for how to present your completed calculations for review and signature by the COFA/Partner
• The importance of the office account reconciliations and how these can be the source of breaches of the rules

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.