Solicitors Accounts 2009-2010: A Practical Guide 2009 Edition

Paperback | September 6, 2009

byDale Kay, Janet Baker

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Solicitors' Accounts provides a user-friendly guide to a subject that often poses serious problems for students unfamiliar with the principles and practice of accounting. It provides comprehensive, up-to-date coverage of all areas required by the Solicitors' Regulation Authority for businessaccounts and solicitors' accounts on the Legal Practice Course, including full coverage of double-entry book-keeping and final accounts of sole owners, partnerships and companies. It also deals with the Solicitors' Accounts Rules and the practical application of these in solicitors' accounts,including property and probate transactions. Each chapter starts with an overview of the areas to be covered and also states the learning objectives the student should aim to achieve. Contextual examples are used throughout the chapters demonstrating how the principles of accounting should be applied to situations in practice. At the end ofeach chapter there is a checklist of the key areas students must be able to understand, followed by graded self-test questions which suggest to the student how long they should spend completing them and what they should move onto next. Written by experienced former LPC tutors, the guide is essential reading for students and a useful reference source for practitioners. Online Resource CentreSolicitors' Accounts is accompanied by an Online Resource Centre designed to encourage students to apply their knowledge of accounts. Interactive exercises are provided for students and a test bank of questions enables lecturers to assess their students' understanding of accounts.

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From the Publisher

Solicitors' Accounts provides a user-friendly guide to a subject that often poses serious problems for students unfamiliar with the principles and practice of accounting. It provides comprehensive, up-to-date coverage of all areas required by the Solicitors' Regulation Authority for businessaccounts and solicitors' accounts on the Leg...

Dale Kay is a former Senior Lecturer in the School of Law at Manchester Metropolitan University, where she was the Pervasives co-ordinator and Accounts subject leader on the Legal Practice Course. She has lecturered widely to the profession on the Solicitors' Accounts Rules. Janet Baker is a partner in private practice and formerly a ...

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Format:PaperbackDimensions:288 pages, 11.5 × 8.11 × 0.65 inPublished:September 6, 2009Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199574642

ISBN - 13:9780199574643

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Table of Contents

1. Introduction to solicitors' accounts and basic bookkeeping2. The Trial Balance3. Final accounts4. Adjustments to final accounts5. Further adjustments to final accounts6. Partnership accounts7. Basic accounting concepts and trading accounts8. Company accounts9. Group companies and consolidated accounts10. Interpretation of accounts and accounting ratios11. Basic solicitors' accounts12. Transfers and mixed money13. Value added tax14. Financial statements and property transactions15. Deposit interest and interest payable to clients16. Probate transactions17. Further transactions18. Short answer questions and revision questions on solicitors' accounts