Solicitors and Trustees Accountancy Services

SRA Solicitors Accountants Report

All solicitors firms authorised by the Solicitors Regulation Authority (SRA) who deal with client monies, are required to obtain a Solicitors Accountant Report, unless

a) all of the client money is held for legal aid

b) the amount of client money held does not exceed an average of £10,000 and a maximum of £250,000

The report has to be obtained within 6 months of the end of the solicitor’s accounting period and if qualified has to be delivered to the Solicitors Regulation Authority (SRA).

We at Alexander Bursk as registered auditors have many years’ experience both in the preparation of accounts for solicitors and preparing the accountant’s report. We plan our work well in advance to ensure that we complete the work as efficiently as possible which is why our fees are as competitive as they are.

Our experienced accounting staff have dealt with solicitors for many years and can also help with:

  • Accounts preparation and audit
  • Tax planning and compliance
  • Partner/Partnership and corporate tax returns

In addition we are able to advice on non-routine issues including personal and business planning such as:

  • Limited Liability Partnership conversions and incorporations
  • Partnership changes
  • Tax efficient remuneration planning