Legal Practitioner Trust Accounts – Accounting for Trust Transactions

This Course is not part of the MUS Subscriber discount structure.
R1610.00 (VAT Incl.) Per Person
14 Apr '25
Registration:08H00 Start:08H30 End:16H00
1 Day
Attendance at this seminar will secure 6.5 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Web Based (Online)
Select
nerissa@probetatraining.co.za

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