Date: 01 March 2024 (Friday) Time: 3:00pm–7:15pm Language: English Level: Elementary
Speaker: Anne Carver, previously taught at CUHK and still teaching at HKMA
Lawyer CPD / ACCA CPD / SFC CPT / Insurers’ CPD Pts: 4 Fee: HK$2,350
Highlights:
The Solicitors’ Accounts Rules (Cap. 159F),The Hong Kong Solicitors’ Guide to Professional Conduct and the Legal Practitioners’ Ordinance (cap 159)-context and standards
- The Hong Kong Solicitors’ Guide to Professional Conduct
A Solicitor’s Practice Chapter 2,
– 2.03 – Principal’s individual responsibility
– 2.04 Standards of supervision and management
Complaints and Discipline Chapter 15
– Rule 3 Members’ Undertaking
– Inspection Powers of the Council and Rule 11 Solicitors’ Accounts Rules (cap 159 sub. Leg.F)
– Appointment of Monitoring Accountants and Rule 11-Solicitors’ Accounts Rules (cap 159 sub. Leg.F)
- Legal Practitioners Ordinance cap 159
– Notice of Inspection and failure to comply – section 8AA Legal Practitioners Ordinance cap 159
– Tribunal’s authority and section 10 Legal Practitioners’ Ordinance cap159
– Intervention in the circumstances set out in sections 26A,26B and 26C Legal Practitioners’ Ordinance cap159
- Solicitors’ Accounts Rules (Cap. 159F) 1 October 2022
- Rule 1 A Principles, Rule 3, Rule 7, Rule 9 ,9A, Rule 10 and Rule 11
- The Hong Kong Solicitors’ Guide to Professional Conduct Volume 2 June 2023, Appendix V
- Accounting Manual Practice Direction K, preservation of accounting records -Rule 10,5B
- Solicitors Accounts Rules FAQ 20 November 2017, The Law Society of Hong Kong
- Solicitors / Accountants – duties and responsibilities and the FAQ
- Problems of definition, terminology and context
- Responsibilities of a Salaried Partner
- Understanding the relevant rules
- Proper supervision of staff
- Maintaining a proper set of accounting systems
- Client’s money/ disbursements/office money/ solicitor
- Failure to provide the Accountant Report for an intervened firm
- Accountants Report Rules (“ARR”)
- Failure to record transactions in the Firm’s books and accounts
- Wrongful authorization of a person to withdraw money from a bank account
- The Law Society of Hong Kong v A Solicitor HKCA 694
- Case study; Group discussion and Q&A