Courses for lawyers

COFA update 2020

Synopsis

With the new SRA Accounts Rules now in place, and the SRA Resources to supplement them, the role of the COFA in a law firm has been enhanced.

This course looks at the COFA’s role and how it’s changing as the new Rules continue to make their presence felt.

 

Outcomes

As a result of attending the course, you will:

  • understand the new role of the COFA
  • be introduced to the new Accounts Rules as relevant to the role of the COFA

Content

This session will look at the following topics:

  • Who can be a COFA?
  • What is the role of the COFA?
    • Finance generally
    • Financial viability of the business
  • Accounts Rules – monitoring and supervision; reporting
  • Wider issues
  • SRA Checklists that ought to be maintained
  • Statutory obligations
    • Notification
    • Absences
    • Monitoring
    • Reporting
    • Replacement
  • Inter-relationship with the Reporting Accountant in the light of recent rule changes
Format

Face-to-face and virtual classes

Duration

To suit your requirements (1-6 hours)

Delegates

All staff

Tutors

Trevor Hellawell

To discuss how we can help call Peter Kinch on 0114 273 8300.