The Liver Building

SRA Accounts Rules – The Basics


Speaker: Ian Johnson

Date: Thursday 22nd April, 2021

Time: 11:00 - 15:30

Areas of Law: Management


Course Code: S4514


Can’t make the date/time or need to revisit the training? No problem, booking onto this event means you will receive a link to access a recording of the event at your leisure!

The link will be sent within approx 72hrs of live broadcast & be available for approx. 3 months, to view as many times as you wish.

This course is designed for finance staff with the day to day responsibility for compliance with the SRA Accounts Rules and is suitable for those who are new to the rules, as well as those more experienced staff members who need a refresher.

The course will include a detailed walkthrough of the new Accounts Rules, the underlying principles of protecting client money and will also explore all of the relevant guidance that the SRA has released to support understanding and application of the rules.

The 2019 Accounts Rules removed most of the prescriptive detail that made up the 2011 (and prior) rules and, rather than taking a ‘one size fits all’ approach to regulation, they replaced the detail with a more flexible framework.

This new flexible approach has placed even greater emphasis on finance teams to ensure their financial controls are fit for purpose and client money is protected at all times, and so this course will also consider the key systems and controls that all well run firms should have in place to ensure compliance with the rules.

Ian will also discuss all of the most common breaches of the rules from his experience as a Reporting Accountant, and tips to help avoid them, as well as the SRA client money hot topics including the provision of banking facilities, billing for fees and disbursements, suspense accounts and dealing with residual balances.

Speaker Biographies

Ian is a director in the Business Advisory Group at Saffery Champness LLP, a large firm of accountants based in London.

Ian works closely with professional practices and has considerable experience in advising law firms on all aspects of financial reporting and accounting matters, including statutory accounts and audit issues. He advises on the Solicitors Regulation Authority (SRA) Accounts Rules, financial and regulatory compliance, restructuring, internal management reporting, financial forecasting and tax compliance.

Ian’s law firm clients range in size and type, including new start-up practices, sole practitioners, traditional partnerships, highly specialised boutique practices, and large national practices.

Ian is Chair of the Executive Council with the Institute of Legal Finance and Management (ILFM), and is also a part of the ICAEW Solicitors’ Community Committee.


Member £105
Non-member £150
Corporate Member Training Offer 1 Credit
Training Season Ticket Free
Note: 20% VAT added at checkout