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Table of contents:
This book explains the solicitors' accounts system in non-technical language, and includes numerous worked examples and self-test questions devised to help the reader become familiar with the techniques required. Tailored to help trainee solicitors studying for the accounts section of the Professional Skills Course, the text is designed as a workbook to be used during study, with carefully graded exercises complementing the discussion in the text. * Basic accounting principles clearly set out, with worked examples * Exercises (with answers) to test the grasp of instructions * Past examination questions (adapted to take account of changes in conveyancing procedure, VAT regulations and the examination syllabus) complete with model answers to aid revision
Contents:
Basic principles
Solicitors' books
Final accounts
Closing adjustments
Partnership accounts
Bank reconciliation
Modern methods of keeping accounts
Basic postings
Transfers
VAT
Interest on clients' money
Conveyancing
Trusts
Revision exercises.
Brief Description:
Designed for trainee solicitors taking the Professional Skills course, this text explains the solicitors' accounts system in non-technical language and includes worked examples and self testing questions.
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