The SRA Accounts Rules - Warning Notice for Money Missing from Client Account Explained

Introduction

The SRA has recently published a warning notice on missing client money. The warning notice sets out what practices should do if client money goes missing.

This new virtual classroom seminar will go through the warning notice and explain what the SRA expect firms to do in the event of missing client money.

Expert speaker Luke Dickinson will share his experiences with missing client money and provide practical examples of what other practices have done to correctly deal with such incidents.

What You Will Learn

This live and interactive session will cover the following:

• What the SRA expects firms to do in the event of a shortage
• What happens when you do not have enough money to cover the shortage
• What the reporting requirements are for such breaches
• A reporting accountant’s view on what firms should be doing to avoid shortages from the client account

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.