Title Page
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Document No.
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Name of Client
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Name of Person being Review
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Year being Reviewed
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Conducted on
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Prepared by person doing Review
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Date of Engagement Letter
Planning
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Has an engagement letter been obtained within the last 5 years?
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Was the last Law Society Examiners report satisfactory?
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Is there any conflict of interest with this client?
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Fraud risk? Changes of staff, lack of experience of staff.
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Fraud Risk? Changes in systems business practice, unusual transactions
Have all other risks of fraud been identified?
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Description of risk
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Have you reviewed the compliance history of the practice?
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Rate the internal controls of the practice
Client Profile
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Have you reviewed the prior year audit file?
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Contact Names
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Contact phone number
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Address
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Details Practitioners
Licensee
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Partner/Principal
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Period Start Date
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Period End Date
Trust Account Detail
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ADI Name
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Account Name
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Branch
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BSB
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Account Number
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Open/Closed
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Balance
Other Trust Monies (Selected)
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Type of Trust Monies
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ADI Name
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Account Name
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Branch
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BSB
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Account Number
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Open/Closed
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Balance
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Comments
Bank Details
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Has the Trust Account been Reconciled Monthly?
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Copy of period end reconciliation
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Number of matters with balances
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Number of matters with Nil balances
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Bank confirmation prepared?
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Have you prepared request for copies of paid cheques?
a Trust Records
- Dormant Trust Accounts
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Matter Number
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Last Transaction Date
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Amount
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Comments
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Total of dormant trust Accounts
b Computer System Controls
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Authorised software being used
- Manual
- BHL B Series
- Cabenet
- Absolute
- LEAP
- BHL Insight
- Open Practice
- SILQ
- FilePro
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Enter version number
c Sample of Matters
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Sample test of client matters
Contract
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Name of client and matter number
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Details of commissions, rebates, discounts
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Are any solicitors' fees supported by invoices
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Do all trust account transactions have proper support and client authorisation?
d Controlled Monies
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Does the Practice have controlled monies?
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Total of controlled monies?
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Number of ledger acounts?
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Have you agreed to reconciliation and bank statements at year end?
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Comment on any unusual matters
e Other Trust Monies
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Does the Practice have any other trust monies?
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Have you reviewed the ledgers for other trust monies?
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Have balances in trust ledgers been reconciled to bank statements?
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Have bank statements been reviewed?
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Comment on any unusual matters
f Checklist
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Has the Law Society checklist been completed with the bookkeeper?
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Comments
Conclusion
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Has the bank confirmation been received and agreed?
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Have copies of paid cheques been received and agreed?
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Details of breaches
Breach
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Particulars of breach
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Are you in a position to complete the External Examiners Report?
