CPDStore Ireland

In the first part of this session, Rory O'Neill will concentrate on the recent changes to the Solicitors Accounts Regulations which came into operation on 1st July 2023. The talk will give an insight into the Compensation Fund and the role of the reporting accountants.  It will also highlight the types of issues that the Law Society investigating accountants encounter in the course of their inspections of solicitor’s accounts and identify risk factors when reporting on solicitors’ accounts.

Rory O'Neill will cover the following topics during this webinar: 

• The responsibility of the Law Society to protect both clients and the legal profession
• Examples of issues that give rise to claims on the Compensation Fund
• Solicitors Accounts Regulation 2023
• Focus on key changes

By attending this session, you will understand why reporting accountants are integral to the regulation of solicitors and protecting the public.  You will learn what has changed under the Solicitors Accounts Regulations 2023 and be able to confidently report on a solicitor’s compliance with same.

This session will benefit any practitioner with solicitors as clients and are required to report to the Law Society on same.

Course Level: Intermediate

In this part of the session, Colm Owens will cover the following topics; 

• The Legislative Requirements – Solicitors Accounts Regulations 2023
• The Law Society Accountants Report & Reporting of Breaches of the SARs
• Planning a Solicitors Engagement & the Requirements of the Reporting Accountant

By attending this session, you will obtain an understanding of the key changes to the Solicitors Accounts Regulations 2023 & the impact on your work.

Course Level: Intermediate