Virtual Training Course

Legal Practitioner Trust Accounts – Accounting for Trust Transactions

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

This Course is not part of the MUS Subscriber discount structure.

Price: R1265.00 (VAT Incl.) Per Person
Presenter: Mr Tristan White
Date: 8 Mar '22
Times: Registration:08H00 Start:08H30 End:16H00
Duration: 1 Day
CPD Hours: Attendance at this seminar will secure 6.5 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Platform: Web Based (Online)
Course Facilitator: Tristan White
T:  011-886-1395
E:  nerissa@probetatraining.co.za
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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.

- 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