Synopsis
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 Law Society for business accounts and solicitors' accounts on the Legal Practice Course, including full coverage of double-entry bookkeeping, 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. The 2006-2007 edition also features revised coverage of VAT and a series of short-answer questions on the operation of the Solicitors' Accounts Rules appears in the final chapter. Each chapter starts with an overview of the areas to be covered. At the end of each 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 LPC tutors, the Guide is essential reading for students, and a reference source for practitioners. Online Resource Centre An Online Resource Centre with a test bank of questions linked to each chapter helps test students' understanding of key issues and acts as an excellent lecturer resource. Several new interactive online exercises are also freely accessible to students via the Online Resource Centre, offering an ideal way for students to check their own understanding of the accounting methods described.
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About the Author
Dale Kay was formerly a Senior Lecturer in the School of Law at Manchester Metropolitan University, where she was Pervasives co-ordinator and Accounts subject leader on the Legal Practice Course. She has lectured widely to the profession on the Solicitors' Accounts Rules. Janet Baker is a partner in private practice and was formerly a Senior Lecturer at Leeds Metropolitan University, where she taught the accounting component of the Legal Practice Course.
Synopsis
The "Legal Practice Course" shifts focus from traditional book learning towards an emphasis on legal skills and the acquisition of legal knowledge through practical exercises. This text covers solicitors' accounts.
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