Regulatory
Audits and Reviews
Law Society of Ontario
Spot Audit Program
According to the Law Society of Ontario, Spot Audits are “designed as a pro-active compliance measurement and problem detection tool, Spot Audits measure the integrity of law firm financial filing (By-Law 8), assess ongoing compliance with financial record-keeping requirements (By-Law 9) and the Rules of Professional Conduct, identify serious misconduct related to financial matters.
Their goal is to provide guidance aimed at helping your law firm correct minor deficiencies before they lead to serious non-compliance or misconduct issues”.
At Bookkeeping Matters, we have been involved in numerous audits; we specialize in audit day preparation, whether proactively or retroactively.
We take pride in preparing and presenting your books in accordance with The Law Society. All we need from you is access to your source documentation.
If you've been contacted by the Law Society for a Spot
Audit, click here to get in touch with BMI today.
Client Trust Account Protection Program (CTAPP)
The State Bar of California is steadily expanding its Client Trust Account Protection Program (CTAPP) As a result, law firms are facing increased scrutiny around their trust accounting and recordkeeping.
Whether it's your annual reporting, completing your self-assessment, or maintaining your required 3-way reconciliations, Bookkeeping Matters can help.
Our CTAPP services include:
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A comprehensive diagnostic check to ensure you’re in compliance and review-ready.
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Training for your team and managing partners on compliance requirements, best practices, and procedures.
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Building monthly workflows that support compliance, including IOLTA 3-way reconciliations.
Reviews are scaling up, statewide -- Contact Bookkeeping Matters to ensure that you're CTAPP ready.