Accounts for Solicitors is a practical introduction both Business Accounts and Solicitor's Accounts and is divided into two parts: the first explains fundamental accounting concepts to allow students to read and interpret end of year accounts; the second deals with the accounts of solicitors and, in particular, the need to account for a client’s money in accordance with the Solicitors’ Accounts Rules.
Contents
Business Accounts
Introduction
Double Entry bookkeeping
Final Accounts
Adjustments
Partnership Accounts
Introduction to Company Accounts
Company Accounts: Regulation and Format
Analysis of Accounts
Solicitors’ Accounts
The Solicitors’ Accounts Rules
Simple Entries for Solicitors
Transfers
Value Added Tax
Splitting Cheques and Receiving Cheques in Payment of a Bill
Accounting to the Client for Interest
Financial Statements
Accounting Problems for Solicitors
Compliance
Text of the Solicitors’ Accounts Rules