Solicitors' Accounts 2009-2010

• This text makes extensive use of examples and exercises, which encourage students to practice what they have learnt by applying accounting principles and methods to scenarios that they could expect to encounter once they become solicitors
• Detailed coverage of all of the key topics required by the Solicitors' Regulation Authority, including double-entry book-keeping and the accounts of sole owners, partnerships and companies, allowing lecturers to fully rely on the text as a complete resource for their LPC students
• The text is accompanied by an online test bank of multiple choice questions, which enables lecturers to direct students towards appropriate resources in order to assess their students' understanding of a subject
• Comprehensive explanations put the principles of accounts into context so that students are able to understand the relevance of accounts for practice
• A detailed checklist of key points is included at the end of each chapter to highlight the key concepts covered and aid students in their revision

New to this edition

• Examples have been updated to reflect any changes to tax that have been caused by changes to the 2009 budget
• The test bank of questions has been fully updated to complement the 2009-2010 edition and offers lecturers an excellent testing tool which is fully referenced to the material within the manual itself

Readership: Trainee solicitors studying accounts on the Legal Practice Course; recently qualified practitioners.

Dale Kay, Former Senior Lecturer, School of Law, Manchester Metropolitan University, and Janet Baker, Partner in Private Practice, Fomerly Senior Lecturer, Leeds Metropolitan University

1: Introduction to solicitors' accounts and basic bookkeeping
2: The Trial Balance
3: Final accounts
4: Adjustments to final accounts
5: Further adjustments to final accounts
6: Partnership accounts
7: Basic accounting concepts and trading accounts
8: Company accounts
9: Group companies and consolidated accounts
10: Interpretation of accounts and accounting ratios
11: Basic solicitors' accounts
12: Transfers and mixed money
13: Value added tax
14: Financial statements and property transactions
15: Deposit interest and interest payable to clients
16: Probate transactions
17: Further transactions
18: Short answer questions and revision questions on solicitors' accounts