Presents the bookkeeping principles and an analysis of the provisions of the Solicitors Accounts Rules 1998. This book presents an explanation of VAT accounting for disbursements, stakeholding, and retirement from practice. It is meant for solicitors and their accounting staff, as well as students on the Legal Practice Course and trainees.

The 2002 Annual Report of the Solicitors Disciplinary Tribunal stated that financial irregularity and breaches of the Solicitors Accounts Rules 1998 were the predominant cause of misconduct in approximately a third of the cases it heard. It is therefore essential that all students in Legal Practice Course and all practicing Solicitors have a good understanding of accounting principles. This book starts with basic bookkeeping principles and develops an analysis of the provisions of the Solicitors Accounts Rules 1998. This leads to an explanation of specific areas,for example, VAT accounting for disbursements, stakeholding and retirement from practice. "Accounts for Solicitors" will be of value to solicitors and their accounting staff, as well as students on the Legal Practice Course and trainees.

Basic Double Entry
The Solicitors Accounts Rules 1998
General Principles
Solicitors Bookkeeping General Principles
Solicitors Accounts
Special Issues
Compliance
Computerised Accounts
Business Accounts
General Principles
Year End Adjustments and Procedures
Accounts for Unincorporated Businesses
Corporate Accounts
Group Accounting
Capital Funding of Companies and Reserves
Partnership Changes
Interpretation of Accounts
Associated Issues.