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SRA Accounts Rules: Handling Client Money

25 Minutes Short course Law

This short course provides your firm's staff with the need-to-know fundamentals of the SRA Accounts Rules.

Description

This short course provides your firm's staff with the need-to-know fundamentals of the SRA Accounts Rules. The learning has been designed to closely follow SRA guidance and address the most common breach areas so you can avoid those pitfalls. The course covers handling client money, using client accounts, record-keeping and penalties for breaches. Learners can opt to receive a general understanding of the topic or select specific areas relevant to their role, such as commercial rent deposits, retainer agreements, managing clients' own accounts or delivering accountants' reports. This makes it suitable for a wide range of roles and experience levels.

Course Objectives

  • Identify what client money is and when you can and cannot receive or hold it
  • Operate client accounts without causing a breach when moving client funds
  • Uphold compliance by keeping accurate and robust records and navigating exemptions to the rules
  • Recognise the most common breach areas and the potential penalties for breaching the Accounts Rules

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This is a trial version of the course SRA Accounts Rules: Handling Client Money. Please note, we do not offer certificates for trial course completions.

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VistaJet (Group) Limited

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