Specialist Auditing Services for Attorneys and Legal Practitioners

At J Hamel & Co., we understand the unique needs of attorneys and legal practitioners.

Our specialised auditing services are designed to ensure compliance, accuracy, and financial integrity, allowing you to focus on your practice with confidence.

Attorney Trust Audits

Legislative Updates

Stay informed about any new legislation that may impact your trust account management. Our team keeps abreast of the latest changes, including updates from the Legal Practice Council (LPC), to provide you with accurate and up-to-date advice.

Assurance Reports

Alongside your attorney statement, an assurance report, in compliance with Section 87 of the Legal Practice Act, 2014 (Act No. 28 of 2014) and LPC regulations, is due. This report verifies the accuracy and integrity of your financial information, providing additional confidence to your stakeholders

New Legal Firms

If you are a new attorney, remember that your first trust account audit report must be submitted within six months of opening your trust account, as required by Section 87(2) of the Legal Practice Act, 2014 (Act No. 28 of 2014) and LPC regulations. We are here to guide you through the process and ensure timely compliance.

Contact us today or book a 30min introductory meeting to discuss our auditing services

Deadlines & Requirements

According to Section 87(1) of the Legal Practice Act, 2014 (Act No. 28 of 2014), attorney trust accounts must undergo an annual audit. The audited financial statements and the auditor’s report are typically required to be submitted within six months of the financial year-end, in compliance with Legal Practice Council (LPC) regulations, to ensure transparency and regulatory adherence.
Assurance Report: An assurance report is required to verify the accuracy of the trust account balances and transactions.
New Attorneys: Your first trust account audit report must be submitted within six months of opening your trust account. The report needs to account for the first four months of activity.

Important Reminders

According to Section 87(1) of the Legal Practice Act, 2014 (Act No. 28 of 2014), attorney trust accounts must undergo an annual audit. The audited financial statements and the auditor’s report are typically required to be submitted within six months of the financial year-end, in compliance with Legal Practice Council (LPC) regulations, to ensure transparency and regulatory adherence.
Assurance Report: An assurance report is required to verify the accuracy of the trust account balances and transactions.
New Attorneys: Your first trust account audit report must be submitted within six months of opening your trust account. The report needs to account for the first four months of activity.

Book a 30min introductory meeting to help us understand your business setup/needs and explain how we assist clients of your business size and nature.

Use the calendar form to book an introductory meeting on a day and time that suits you.

Direct Contact Details

Call

011 476 1434

info@jhamelco.co.za

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