SRA ACCOUNTS RULES – ADVANCED

[3 hours training and engagement to include 2 x 10 minute breaks]

1. Client Bank Reconciliation

• What makes a three way bank reconciliation

• What is included/excluded

• Common pitfalls

• TPMA (if applicable)

2. Residue Balances

• The SRA’s current view

• Practical advice on systems and controls to reduce

3. Interest Policy

• What your policy should include

• Negative interest

4. Advanced Billing

• Disbursement v Expense

• Legal Aid overview (if applicable)

5. Financial Compliance Scenario’s

• Segregation of duties

• Banking Facilities

• Joint Accounts

• Definitions and context

• True/False SRA AR questions