Solicitors' accounts
A comprehensive revision resource for the SQE1 solicitors' accounts course
Assessment objectives
What is solicitors' accounts about?
Key definitions
Overview of key concepts
The SRA Accounts Rules
Double entry bookkeeping
Client money v office money
Breaches of the rules
Overview of solicitors' accounting systems
Ledgers
Recording transactions
Accounting for bad debts
Accounting for interest
Overview of accounting for property transactions and VAT
Deposits
Mortgages
Financial statements
Value Added Tax
Overview of other rules
Joint accounts
Operating a client’s own account
Third party managed accounts
Accountants’ reports and records
Instructions
In short, because our courses have been created and delivered by experienced lawyers and tutors, including lawyers who have trained and practiced at leading international law firms, managed legal teams, and authored and sold hundreds of thousands of study guides and books.
18 on-demand academic and skills courses, consolidating the core functioning legal knowledge required by the SRA into easily-digestible, bite-sized chunks
Thousands of MCQs, each with detailed explanations of why the answers are correct or incorrect.
Hundreds of animated videos to explain the more complex concepts in simple, engaging ways
Countless flow charts, mindmaps and tables to bring topics to life, and make them easier to remember
Three tiers of mock exams, including topic-specific, course-specific, and SQE-wide MCQ assessments.
Insider insights into how concepts work in practice, hundreds of definitions, and countless worked examples, all colour-coded to support memorisation.
Includes a consolidated glossary of key definitions from throughout the course, as well as links to the key legislation mentioned.