Accounting, Tax & Compliance for Legal Practitioners
Accounting, Tax & Compliance for Legal Practitioners
From sole practitioners to growing firms, we manage your practice finances, tax and statutory compliance so you can focus on your matters. We coordinate your annual trust-account engagement with a Registered Auditor.
Challenges we solve
- Keeping trust and business accounting cleanly separated
- Lumpy cash flow between matters and fee recoveries
- Partner and director profit-sharing done fairly
- Staying compliant with the Legal Practice Act and LPC rules
- Tax and SARS obligations across the firm and its partners
How we help
Practice Bookkeeping & Accounts
Accurate trust and business account bookkeeping and monthly management accounts.
Tax & SARS Compliance
Firm and partner tax planning, returns and full SARS compliance.
AFS Compilation & Independent Review
Compiled annual financial statements and independent review engagements where required.
Trust-Account Audit Coordination
As a CA(SA) practice we prepare your records and coordinate the statutory trust-account audit with a Registered Auditor (IRBA), who must sign that engagement under the Legal Practice Act.
Straight talk: Important: the annual trust-account assurance engagement must be signed by a Registered Auditor (IRBA). We handle your accounting, tax and compliance and coordinate that audit with an RA partner.
Specialist advice for Legal Professionals
Book a consultation with a Chartered Accountant who understands your profession.