Resources and courses included in the Legal Practitioner Trust Accounts - How to Audit Guide/ Audit Manual
Introduction
Business of a Legal Practitioner
Trust Accounts of a Legal Practitioner
Trust Account Audit Process
Pre-engagement
Acceptance and Continuance Procedures
Ethics, Independence and Quality Control
Engagement Team Competence
Pre-conditions of the Engagement
Terms of Engagement (Engagement Letter)
Planning
Materiality
Obtain an Understanding
Fraud
Risk identification and Assessment
Quality Control
Agreed Upon Procedures (AUP) Engagement
Planning Sign-off
- Internal Controls
- Internal Controls - Requirement
- Summary of Requirements and Practical Application
- Laws and Regulations
- Laws and Regulations - Requirements
- Summary of Requirements and Practical Applications
- Audit Plan - Nature, Timing and Extent
- Audit Plan - Requirements
- Summary of Requirements and Practical Application
Fieldwork
Planning and Performing Engagement
Verifying opening balances
Changes in the Audit Plan and Accumulation of Misstatements
- Testing Rule Compliance
- Testing Rule Compliance - Requirements
- Summary of Requirements and Practical Application
- Testing Journals
- Testing Journals - Requirements
- Summary of Requirements and Practical Applications
- Testing Matter Files
- Testing matter Files - Overview
- Testing matter Files - Motor vehicle Accident and Road Accident Fund Claims
- Testing matter Files - Conveyancing
- Testing Matter Files - Other Matter Files
- Testing Laws and Regulations
- Testing Laws and Regulations _ Summary of Requirements
- Practical Applications
Finalisation
Subsequence Events
Written Representation Letter
Other reporting Responsibilities and Communication
Legal Practitioners Annual Statement
Agreed upon Procedures (AUP) Engagement
Documentation and Sign-off Checklist
- Assurance Report
- Assurance Report- Requirements
- Summary of Requirements and Practical Application
Additional Resources and LPFF Publications
LPFF Notices Publications and Guidance