Table of Contents

Business Accounts Introduction Double Entry Bookkeeping Final Accounts Adjustments Partnership Accounts Introduction to Company Accounts Company Accounts: Regulation and Format Analysis of Accounts Solicitors' Accounts The SRA Accounts Rules 2011 Entries for Recording Simple Client Transactions Transfers Value Added Tax Splitting Cheques and Receiving Cheques in Payment of a Bill Accounting to the Client for Interest Financial Statements Accounting Problems for Solicitors Compliance Extracts from the SRA Accounts Rules 2011

About the Author

Jacqueline Kempton practised as a family law solicitor and is a member of Resolution's Skills and Support Committee. She is now an Associate Professor at The University of Law in London. Professor Lesley King is a Professional Development Consultant at The University of Law.