All solicitors who operate a client account and hold client monies must comply with the current SRA Account Rules.  Such firms are required to obtain an accountants report from a registered auditor with the relevant experience to undertake such specilist work.  There is an exemption from this requirement.  This exemption is available where the avergage client account balance throughout the year is equal to, or under £10,000 and the maximum balance does not exceed £250,000. 

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Harrison Partners is registered with the Association of Chartered Certified Accountants and is an authorised statutory auditor in the United Kingdom under the Companies Act 2006.  We specialise in deliving services into the legal sector and have an audit team dedicated to assessing compliance with the SRA accounts rules and advising firms on controls and processes.  

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Contact our head office for a free consultation on your firm's compliance needs.