Compliance
Trust Accounting with confidence:
For every law firm handling trust money maintaining accurate trust records is essential
and the new extended definition of trust money has increased the compliance obligations
for many firms. Well organised firms always want to ensure that their records are
in good condition so that they look after the client’s money properly and that
there are no problems when the trust records are examined by the External Examiner.
Part 8 Division 2 of the Legal Profession Regulation 2005 sets out a law firm's
obligations if using a computerised accounting system and LEAP Accounting allows
your practice to efficiently and effectively comply with all the requirements of
the Legal Profession Act 2004 and Legal Profession Regulation 2005.
LEAP Accounting was examined by authorised officers of the Law Society of
NSW and issued with an unqualified certificate No 17. As part of its ongoing service
LEAP ensures that LEAP Accounting continues to enable law firms to comply with changing
regulations. For more information contact sales@leap.com.au.
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