Have you received a notice from the Law Society of Upper Canada advising you of an upcoming Spot Audit to review your books and records? The Spot Audit (not to be confused with the Practice Review) is the Law Society of Upper Canada’s mechanism used to ensure that lawyers are in compliance with the Rules of Professional Conduct when it comes to record keeping and the maintenance of general and trust accounts. Maintaining accurate and complete books and records on a regular basis, as well as properly preparing for spot audits will ensure a smooth process.
The following topics will be discussed:
- Understanding the Initial Spot Audit Notice
- The Books and Records LSUC is Looking For
- Correcting Problems Before the Spot Audit
- Building a Good Accounting Support Team
- What to Expect on Audit Day
- Follow-Up Communications and Follow Up Audits
Recording from Thursday, December 17, 2015 at 1:00 p.m.
Presenter: Suzanne Deliscar, Principal, Deliscar Professional Corporation
Accredited for 60 Professionalism and eligible for 30 Substantive minutes in Ontario, British Columbia and Yukon Territories.
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