In undertaking work for solicitors will you be held to account?
The risk of your clients, or you as their accountants, appearing before the Solicitors Disciplinary Tribunal (SDT) may be greater than you think.
Regarding the conduct of client accounting, accountants provide their professional services to solicitors in two ways.
Firstly, accountants act in the preparation of the annual s34 client account report to the SRA. Secondly, accountants sometimes act in a “bookkeeper function”, permanently or temporarily.