Updated guidance for anyone planning for and completing an accountant's report issued by the SRA.
Updated SRA guidance for accountants highlights when and how it would be appropriate for law firms to take money for their costs especially anticipated costs (both the firm’s fees and disbursements).
The guidance should be read by reporting accountants as planning and work programs will need to be altered. The SRA is very clear that the guidance is designed to help:
Guidance for reporting accountants
Guidance for law firms
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