Services for Law Practices

Additionally to our renowned Accounting, Taxation and Business Advisory Services, Bell Accountancy Partners are qualified External Examiners.

What is an External Examiner?

Under the Legal Profession Act 2004 and the Legal Profession Regulation 2005 a law practice is required to have its trust records externally examined once in each financial year if it has received or held trust money, excluding Transit Money.

An external examination covers a law practice’s trust records from the beginning of April to the end of March in the following year. A law practice must appoint an external examiner to complete a written external examiner’s report their trust records, which the examiner then forwards to the Law Society of NSW by the end of May each year.

for additional information visit The Law Society of NSW