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.
None
• 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
Bookkeepers
Financial accountants
First year SAICA Trainees
Second year SAICA trainees
Third year SAICA trainees
Fourth year SAICA trainees
Fifth year SAICA trainees
Audit mangers
