SRA Accounts Rules compliance and trust accounting
Expert client money management, trust accounting, and SRA compliance for solicitors and law firms. We ensure your client accounts meet regulatory standards and protect your practicing certificate.
The challenge
SRA compliance is getting harder
26.2% of SRA firm closures in 2024-25 were due to accounting breaches—up from 18.6% the previous year. With heightened regulatory scrutiny and increasingly complex Accounts Rules, you need specialist accountants who understand SRA compliance as well as you do.
Client account reconciliations
5-week reconciliation cycles ensuring client money is properly accounted for and SRA rules are met. We identify discrepancies early and ensure your client accounts are audit-ready.
Trust accounting
Proper handling of client money, trust funds, and stakeholder balances. We ensure your trust accounting meets SRA requirements and provides clear audit trails.
SRA Accountant's Reports
The annual report has to come from an independent accountant holding a practising certificate from a recognised supervisory body. We connect you with one from our specialist partner network and help you get the client money records ready, so nothing surfaces late.
COFA support
Ongoing support for Compliance Officers for Finance and Administration. We help you understand your responsibilities, maintain proper records, and respond to SRA queries.
Breach prevention
Proactive monitoring and guidance to prevent SRA Accounts Rules breaches. We help you implement proper controls and procedures to protect your practicing certificate.
Client ledger management
Accurate maintenance of client ledgers, matter accounting, and proper allocation of receipts and payments. We ensure your records meet SRA standards.
Common issues
What we help you avoid
These are the most common SRA compliance issues we see when solicitors come to us from generalist accountants:
Late or incomplete reconciliations
Impact: SRA breach risk
Our solution: We implement 5-week reconciliation schedules with automated checks and early warning systems.
Mixed client and office money
Impact: Accounts Rules breach
Our solution: Clear segregation procedures, proper allocation protocols, and regular reviews to prevent mixing.
Inadequate record-keeping
Impact: Failed Accountant's Report
Our solution: Structured record-keeping systems, client ledger reviews, and proper documentation protocols.
Unclear COFA responsibilities
Impact: Personal liability exposure
Our solution: COFA training, responsibility mapping, and ongoing compliance support to protect you personally.
Get started
Book your free compliance review
Whether you're concerned about SRA compliance, need help with client account reconciliations, or want to ensure your trust accounting is correct, we're here to help. Fill in the form below and we'll arrange a short introductory call.
Free SRA compliance review
We'll review your current client money procedures and identify any compliance gaps—no obligation, no charge.
Ensure your SRA compliance is watertight
Book a free compliance review to identify any gaps in your client money procedures.