Webinar Training Course

New Legal Practices Act (LPA) and Rules – Handling of Trust Monies and the Accounting Rules An Intro

Price: Firm/Group/Company - R1403.00 (VAT Incl.)
Individuals - R563.50 (VAT Incl.)
Price (MLU Subscriber): Firm/Group/Company - R1052.25 (VAT Incl.)
Individuals - R437.00 (VAT Incl.)
Presenter: Mr Tristan White
Date: 19 Mar '19
Times: 13H30 - 15H30
Duration: 2
CPD Hours: Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA & etc)
Platform: Web Based (Online)
Contact Person: Tristan White
T:  0118861395
E:  gillian@probetatraining.co.za
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The new Legal Practices Act and new Legal Practices Act: Rules are set to replace the old Attorneys Act and Law Society Rules, and this will mean that the procedures around trust monies and the accounting thereof will have been updated. The new Act and Rules as a whole were said to come into full effect on 1 November 2018 (per section 120 (4)), meaning that the new rules will need to be observed. This session focuses on the parts of the new Legal Practices Act and Rules that have a direct effect on trust monies and the accounting rules.

The objective of this course is to: 1. Give you a quick overview of the new Legal Practices Act / Rules (very brief) 2. Provide a simplified understanding as to the Handling of Trust Monies and the Accounting Rules legislation (majority of the session)

During this session, we will • Briefly highlight the various Parts of the new legislation by providing an overview • Specifically look at the legislation around “Handling of Trust Monies” (Chapter 7 of the new Act, section 84 - 91), as well as, • Considering the new Accounting Rules (Part XII of the Rules, rule 54 – 57)

The following individuals will benefit from attending this course: • Legal practices’ accounting clerks / finance department • Audit managers / clerks who will audit trust accounts • Legal practitioners who would like to develop a foundational understanding as to the new trust account implications