The old Attorneys Annual Statement has been replaced with the new Practitioners Annual Statement which discloses the financial information related to an attorney’s trust accounts.
Do you know how to successfully complete it or audit it?
- Run through the template
- Highlight various sources of information used to complete
- Identify what needs to be disclosed, where
- Discuss the auditors responsibility for the document during an audit
- Clarify the unclaimed / unknown amounts section and the Legal Practitioners Council’s interpretation
