The Liver Building

The Essential COFA Update


Speaker: Jo Morris

Date: Friday 25th October, 2019

Time: 13:30 - 16:15

Areas of Law: Management

Competencies: A

Liverpool Law Society,
2nd Floor Helix,
Edmund Street,
L3 9NY

Course Code: S4286


The world of compliance is ever changing and many of the changes affect the finance departments and the role of the COFA.  The new SRA Standards and Regulations, which include the new SRA Accounts Rules, come into force on the 25th November 2019 and we need to be ready. How will the new Account Rules work in your firm? What changes will you need to make? How many other challenges are we facing in the year ahead in the finance department?

If you are a nominated COFA or deputy COFA this is the course for you.

This half day course will cover many areas including:

  • Who is the COFA
  • What do they do and why does the firm need this compliance officer
  • The roles and responsibilities of the COFA
  • What policies, procedures and checklists must the COFA have in place
  • Another job for the finance department or the COFA – file reviews!
  • The collating of information for the reporting of breaches by the finance team
  • Self reporting and the reporting of material breaches to the SRA
  • Whistleblowing
  • Training of all staff in relation to their role assisting the COFA
  • An update of the SRA Accounts Rules including the new rules coming into force on the 25th November 2019
  • An update from the SRA Risk Outlook 2018/19 including the risks affecting the finance departments – cybercrime, anti-money laundering, investment schemes and the protection of client monies
  • Legislation changes impacting on the role of the COFA


Speaker Biographies

Joanna Morris has over thirty years’ experience of working in solicitors practices from being a legal cashier to a practice manager.  Joanna is a consultant having previously worked in a top 40 law firm as a Risk and Regulatory Compliance Training Manager.  She has also worked as the Finance Compliance Manager for the first Alternative Business Structure (ABS) in Wales.  She is a Diploma member of the Institute for Legal Finance and Management (ILFM).  Joanna is a qualified NVQ assessor and holds a Certificate in Education for Teaching in the Lifelong Learning Sector. Jo was highly commended in June 2011 by the Legal Education and Training Group (LETG) in the category Best Programme for Lawyers for Solicitors Accounts Rules training for Hill Dickinson LLP.  She was also shortlisted in the category of Compliance Trainer of the Year for the Women in Compliance Awards 2014.


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