Engagements on Attorney Trust Accounts are performed to ensure compliance of legal practitioners with the LPA and the rules regarding the handling of trust moneys. This is different to an audit of financial statements, and as such it is important to ensure that engagement team members have the necessary knowledge to be able to perform this engagement. In this session we will be discussing the engagement and how it is performed, including the standard and guide it is based on. Please note that this session is based on the current IRBA guide, as the new guide is only expected to be finalised for an effective date of 2020.

Our upcoming webinar will focus on the following aspects: • The engagement process i.r.o. ISAE 3000 (Revised) and the IRBA guide • Matters to be considered when accepting the client • Calculation of materiality • Obtaining an understanding of the client – How is this different to an audit engagement? o Rules over the trust account • Procedures to perform during execution • Responding to non-compliance identified • Reporting responsibilities o Auditor’s report o Reportable irregularities to IRBA o Reports to be issued to the LPC