Our professional practices experts Karen Hain, Robert Blech, and Kate Arnott delivered our annual SRA Accounts Webinar, which took place on Thursday 20 October.
Practical advice and worked examples were discussed for a variety of topics, currently impacting law firms. These included:
- An update on the SRA’s critical issues
- Accounting for interest received under increasing interest rates
- Rule 3.3 – what constitutes a breach under the banking facility rule
- Practical advice for improving controls in high risk areas
- Guidance for improving controls when agile working
- Role and responsibilities of the COFA
- Checking non-standard bank reconciliations
Watch the webinar recording to find out more.
Karen Hain, Partner, and Head of Professional Practices
Karen has worked with professional practices for almost 20 years and currently heads up the specialist sector team for MHA. Karen is a registered auditor and internal auditor, which gives her a great understanding of risk management, systems, and controls. She acts as a sounding board for her legal sector clients and can provide advice that they can use to gain tangible results.
Kate Arnott, Partner, and Professional Practices Specialist
Kate works closely with legal practices and has a specialist understanding of the specific challenges and opportunities faced by the sector. Her invaluable experience of advising solicitors and law firms on their growth strategy, Solicitor Accounts Rules requirements and LLP structures means she is well placed to advise her clients on both practical and strategic solutions.
Robert Blech, SRA Specialist Director
Robert is a qualified accountant and specialises in accounts preparation, audit, and general consultancy. Robert has a legal background and due to his extensive technical knowledge and deep understanding of the sector, takes charge of Solicitor Accounts Rules audits. He has worked within the industry for over 20 years.
