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Role of Accountant
The Accountant's Role
Every year a lawyer who such handles client's money is used to created to the Law Society of US a report through a qualified accountant such he has complied along with the rules in the advocate's act. This report is needed once every year, although, a complete audit is not needed nor is there a requirement for the preparation of the loss and profit account or balance sheet. For the reason of giving his report the accountant must:
1. Ascertain from the lawyer specifically of all bank accounts operated or kept through the lawyer in connection along with his practice.
2. Examine the book remaining system in every office of the lawyer to see such the system complies along with the following requirements as:
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