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Solicitors Accounts

This class was created by Brainscape user Kyle Coates. Visit their profile to learn more about the creator.

By: Kyle Coates
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Decks in this class (11)

Double Entry Bookkeeping and SRA Accounts Rules
What are accounts 1,
What is double entry bookkeeping 2,
Give a basic example of double en...
18  cards
Client Money and Client Accounts
What is the key rule around clien...,
What is defined as client money 2,
What are common examples for when...
19  cards
Common Accounting Entries
What is important to note about h...,
Law firms are free to choose thei...,
Given that firms usually have a d...
14  cards
Transfers and Mixed Receipts
What is a cash transfer and when ...,
How is a cash transfer recorded o...,
Give a full example of a cash tra...
11  cards
VAT
What are the key general principl...,
What is output tax explain the el...,
What are some key points in relat...
23  cards
Special Accounting Entries
How does a firm deal with receipt...,
How does a firm deal with dishono...,
What is the first step that a fir...
8  cards
Interest
What is a law firm s obligation t...,
What are 2 ways that a firm can d...,
What factors will affect a firm s...
13  cards
Property Transactions
When a buyer is purchasing a prop...,
If the deposit is received by the...,
What is bridging finance 3
10  cards
Joint Accounts, the Client’s Own Bank Account and Third Party Managed Accounts
Outside of the sra accounts rules...,
How do joint accounts relate to t...,
How does a solicitor operating a ...
9  cards
Compliance
What count as accounting records ...,
When are firms required to get an...,
What must the accountant immediat...
9  cards
SRA Accounts Rules
What is sra accounts rule 1 1,
What is sra accounts rule 2 2,
What is sra accounts rule 3 3
13  cards

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Solicitors Accounts

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Solicitor Accounts
  • 11 decks
  • 160 flashcards
  • 2 learners
Decks: Core Principles, Double Entry Bookkeeping And The Sra Acc, Client Money And Client Accounts, And more!
accounting
  • 31 decks
  • 1706 flashcards
  • 1565 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
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