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Are you a law firm partner or practice manager that has assumed the role of COFA and need to keep up to speed with law firm accounting rules and procedures?
The Law Firm Finance and Administration Handbook: A Practical Guide for COFAs and Finance Professionals, provides an accountant’s perspective on the role of the COFA. Step-by-step guidance on understanding balance sheets and profit and loss accounts will enable you to understand what normal performance looks like compared to poor or bad financial performance.
With more than 100 ‘Outcomes’ to be complied with in the Code of Conduct alone, the potential for firms to get it wrong is huge. The report covers all of the key compliance areas to keep your house in order: Accounts Rules and governance; conflicts; risk planning, anti-money laundering; client care requirements; and much more…