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In January this year, we came together with the Law Society to publish a report based on a survey carried out entitled “strategic sector insights” for law firms.

The COFA plays an important part in ensuring accountability and adherence to the SRA Accounts Rules as well as more widely on the controls required over the financial procedures of a law firm

It would be beneficial for numerous reasons if the SRA considered providing certain reporting accountants with an accreditation or quality mark.

Residual balances have been on the SRA’s radar for several years and seen as potentially a material breach, so why include them in a questionnaire about accountant’s reports?

MHA’s Professional Practice specialists excel at finding creative ways to turn challenges into opportunities: for sole practitioners, partnerships, limited companies, LLPs, trusts, and PLCs. The team’s involvement within the SRA, Law Society, FCA, Property Mark, other regulators, and intermediaries ensure… Read More