Planning for and completing an Accountant’s Report: Key recommendations for law firms
The Solicitors Regulation Authoroity (SRA) has produced guidance to assist in the planning and completion of an Accountant’s Report. The SRA recommends that this is not just read by reporting accountants but by law firms too. From a law firm perspective, the guidance helps firms understand what procedures will ensure client money is properly safeguarded, and what factors might lead to a reporting accountant qualifying their report.
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