Solicitors' Accounts

Provides coverage of the areas required by the Law Society for business accounts and solicitors' accounts on the Legal Practice Course, including double-entry book-keeping, and final accounts of sole owners, partnerships, and companies. This work also deals with the Solicitors' Accounts Rules and their practical application.

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Solicitors' Accounts provides a user-friendly guide to a subject that often poses serious problems for students unfamiliar with the principles and practice of accounting. It provides comprehensive, up-to-date coverage of all areas required by the Law Society for business accounts and solicitors' accounts on the Legal Practice Course, including full coverage of double-entry bookkeeping, and final accounts of sole owners, partnerships, and companies. It also deals with the Solicitors' Accounts Rules and the practical application of these in solicitors' accounts, including property and probate transactions. The 2006-2007 edition also features revised coverage of VAT and a series of short-answer questions on the operation of the Solicitors' Accounts Rules appears in the final chapter. Each chapter starts with an overview of the areas to be covered. At the end of each chapter there is a checklist of the key areas students must be able to understand, followed by graded self-test questions which suggest to the student how long they should spend completing them and what they should move onto next.Written by experienced LPC tutors, the Guide is essential reading for students, and a reference source for practitioners.
Online Resource Centre An Online Resource Centre with a test bank of questions linked to each chapter helps test students' understanding of key issues and acts as an excellent lecturer resource. Several new interactive online exercises are also freely accessible to students via the Online Resource Centre, offering an ideal way for students to check their own understanding of the accounting methods described.