An SRA Audit – Accountants’ Report – is required on an annual basis by all solicitors and legal practices who held or received client money, or operated a client’s own account as signatory.
More About Our SRA Audit Service
We can support any type of legal practice with all aspects of SRA audit / reporting and compliance whatever the size of your legal practice.
As stated on the Solicitors Regulation Authority website:
“…if you have, at any time during an accounting period, held or received client money, or operated a client’s own account as signatory, you must:
– (a) obtain an accountant’s report for that accounting period within six months of the end of the accounting period; and
(b) if the report has been qualified, deliver it to the SRA within six months of the end of the accounting period.
This duty extends to the directors of a company, or the members of an LLP, which is subject to this rule.”
As standard, we ensure that accounts are being prepared and audited in accordance with the Solicitors Regulation Authority (SRA) rules and provide advice on making control improvements as a result of our audit work to ensure future compliance and to reduce the risk of errors or misstatements.
We have many years of experience working with solicitors and can ensure that all accounting and SRA audit and reporting requirements are dealt with in an efficient, timely and cost effective manner.
How We Work
As a client of Aston Shaw, you’ll benefit from unlimited advice and support – those things come as standard. You can call, email or pop into any one of our offices as much as you like and we’ll always do our very best to assist you. We won’t charge you for a five-minute meeting or a phone call or email either.
Why Choose Us
- Fixed-fee, flexible payments
- Specialist advice
- Real-time accounting
- Reduce your tax liability
- Avoid possible penalties
- 24/7 access to your account
- Unlimited support
Find Out More
To find out more about our SRA Audit – Accountants’ Report – Service, get in touch with our friendly team at any of our offices across the region.
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