This advanced course is designed for accountants, financial professionals, and legal practitioners involved in managing the finances of law firms. Participants will gain in-depth knowledge of trust accounting, equity arrangements, and compliance with regulatory frameworks.

The course covers fundamental principles of trust accounting, the management and reconciliation of client trust funds, and strategies for structuring and managing equity arrangements. It also explores regulatory requirements and best practices for maintaining compliance with legal and financial standards.

Through real-world examples and expert insights, this course provides the tools and techniques needed to ensure accurate financial management and compliance in law firms.

Topics List

• Fundamental Principles of Trust Accounting
• Managing and Reconciling Client Trust Funds
• Compliance and Reporting Requirements
• Equity Arrangements in Law Firms
• Profit Sharing Mechanisms and Limitations
• Regulatory Framework and Compliance