WebAll law firms are subject to Law Society compliance audits* to ensure their books, records and accounts comply with the requirements of the Legal Profession Act, the Law Society Rules and the Code of Professional Conduct for British Columbia.. For most firms, this will be a straightforward review and will provide the opportunity for lawyers and their staff to …
Are Your E-transfer records up to date? - Accounting For Law Inc.
WebDesigned as a pro-active compliance measurement and problem detection tool, Spot Audits measure the integrity of law firm financial filing (By-Law 8), assess ongoing … Web4 dec. 2024 · According, to Law Society By-Law 9 section 18, production of all financial records is required for spot audit. That includes many things like Trust reconciliations, bank statements trust listings, List of Private Mortgage files where you acted for lender, List of Estate/POA files, etc. Getting all the required documents organized is not easy ... patricia simmons obituary
An Audit Tale - LinkedIn
WebLaw Society Spot Audit Our firm’s goal is to provide a trustworthy legal bookkeeping service and help you get accurate financial reports. Learn more Law Society Spot Audit Law Society Spot Audit Law Society … WebAccording to the Law Society, Spot Audits are “designed as a pro-active compliance measurement and problem detection tool, Spot Audits measure the integrity of law firm financial filing (By-Law 8), assess ongoing compliance with financial record-keeping requirements (By-Law 9) and the Rules of Professional Conduct, and identify serious … WebThe Law Society conducts audits of lawyers' financial records pursuant to section 49.2 of the Law Society Act. An audit conducted by the Law Society is not a commercial activity. It is a regulatory activity. The collection and use of personal information by the Law … patricia simonds