Available Course

Attorney Trust Accounts – New Legal Practice Act and Rules + How to Audit

>> Click here to book this training as an In-House course <<

Duration: 2.50
CPD Hours: Attendance at this seminar will secure 2.5 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Tristan White
T:  0118861395
E:  gillian@probetatraining.co.za

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!

1. Give you a simplified overview of the new Legal Practice Act / Rules requirements 2. Discuss approaches to testing Rules

During this session, we will • Dumb-down the complex 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

• Audit partners • Audit managers and • Audit trainees who will audit trust accounts