COFA Survival Guide - An intermediate guide to your role
Duration is between 2 to 3 hours, depending on the questions raised.
Introduction
The role of the COFA has become more demanding in the last four years since the SRA Accounts Rules were updated. This live training aims to tackle the most important day-to-day issues and will provide you with a guide to the high-risk areas you may encounter.
Expert speaker, Luke Dickinson, will provide a look into the world of being a COFA in the legal industry. As an expert on the Rules, he advises COFAs almost every week on Accounts Rules compliance.
He will also share his experiences with running an SRA Accounts Rules audit department.
What You Will Learn
This live learn will cover the following:
- The high risk areas you may come across on a regular basis. Including: provision of prohibited banking facilities, residual balances, shortages from the client account and more.
- What happens when a breach is discovered. The breaches register and reporting requirements.
- How to deal with residual balances and what the Law Society recent practice note has to say.
- What changes are expected and what does the future look like for the Accounts Rules.
BY BOOKING THIS TRAINING YOU ARE CONSENTING TO THE SESSION BEING RECORDED AND DISTRIBUTED TO ALL REGISTERED PARTICIPANTS.
All of our online training is live and interactive, enabling you to liaise and pose questions to our experienced experts during the broadcast. All of the experts have worked, or work in legal practice, dealing with all aspects of legal finance, enabling them to share their in-depth knowledge and experience in compliance areas such as the changes to the SRA Accounts Rules.
They are broadcast live on the advertised date and time and can be continuously replayed for up to 30 days after broadcast. You will receive an email with the replay link as soon as possible once the webinar has concluded.
Upon completion of the online training you will be presented with a set of multiple choice questions to demonstrate your understanding. You are required to obtain a 75% pass rate in order to obtain the CPD points and certificate.
3 hours of CPD training applicable.
Why attend online?
We appreciate that attending half and full-day classroom style workshops is not always possible or convenient and that they can involve additional costs such as travelling costs or impact on time. Our live interactive training means you can obtain CPD training without having to leave the comfort of your desk.
FAQs
Cancellation requests must be in writing. The fee remains payable and is non-refundable but delegates may transfer, on request, to another online training if appropriate, a discretionary fee may apply.
In the case of cancellation by the ILFM we will refund 100% of the fee, or allow a free transfer. In the event of a cancellation at any time by the ILFM, for whatever reason, liability will be limited to a refund of any delegate fee paid.
The ILFM accepts no responsibility or liability for any injury, illness or otherwise which may be attributable to the facilities or services provided at any venue.
FAQs
Where can I contact the organiser with any questions?
For further information, or to pay by BACS or cheque, please contact the ILFM office on 020 8302 2867, or by email to helen@ilfm.org.uk
