The Proper Management of Trust Accounting
Build strong client relationships, grow your practice, and ensure proper regulations are being met through a comprehensive Trust Accounting Course taught by industry trusted professionals.
What We Do
Trust Accounting Course is designed for lawyers and those working in the legal industry, including accounting professionals, legal staff, bookkeepers, and attorneys, to teach the parameters of managing funds held in trust for clients.
Too often, attorneys/lawyers risk disbarment because of intermingling funds between trust accounts and firm accounts. Unfortunately, this is often due to a clerical error or accounting mistake that can have serious repercussions.
While every state has varying regulations and standards, some universal basics are necessary for the proper maintenance, management, and disbursement of trust accounts.
That is where we can help. Trust Accounting Course is designed to teach the best practices of trust accounting using tools like 3-way reconciliation and more. Our goal is to help attorneys and other legal professionals seamlessly integrate trust management into their firm without exposing additional risk to unwanted oversight.
The Problem of Purpose
Most attorneys and law firms go to school to learn how to practice the law, win cases, and navigate the intricate legal landmines of American justice. The problem is that this education often only involves the basic manual tracking or generic accounting software application of financial management. Even in the cases of those attorneys choosing finance as a specialty, little time is spent on fund management.
With over 20 years of experience in the accounting, our instructors understand how to best inform attorneys of the rules, regulations, standards, and best practices for trust accounts. This way, you come out of our course feeling a sense of empowerment and capability to handle these clients’ needs as well as enhance your firm’s financial standing.
