Legal Practitioner Trust Accounts audits are focused on very specific sections of the Legal Practice Act and Rules, but what else do managers and partners need to consider as part of trust audits? Join us as we understand the auditor’s responsibility in relation to: - Agreed Upon Procedures AUP Engagement on application for refund form - Fraud - Internal controls - Compliance with other legislation, e.g. FICA - Legal Practitioners Annual Statements - Audit report templates [per 2020 Revised IRBA Guide] - New engagement letters / Man. rep letters - ISAE 3000 assurance standard’s impact on trust audits - Incorporating IRBA’s 2020 Revised Guide - Business records / business financial statements audit - Materiality / sampling - Matter file testing / journals