Title Page

  • Document No.

  • Name of Client

  • Name of Person being Review

  • Year being Reviewed

  • Conducted on

  • Prepared by person doing Review

  • Date of Engagement Letter


  • Has an engagement letter been obtained within the last 5 years?

  • Was the last Law Society Examiners report satisfactory?

  • Is there any conflict of interest with this client?

  • Fraud risk? Changes of staff, lack of experience of staff.

  • Fraud Risk? Changes in systems business practice, unusual transactions

  • Have all other risks of fraud been identified?
  • Description of risk

  • Have you reviewed the compliance history of the practice?

  • Rate the internal controls of the practice

Client Profile

  • Have you reviewed the prior year audit file?

  • Contact Names

  • Contact phone number

  • Address

  • Details Practitioners

  • Licensee
  • Partner/Principal

  • Period Start Date

  • Period End Date

  • Trust Account Detail
  • ADI Name

  • Account Name

  • Branch

  • BSB

  • Account Number

  • Open/Closed

  • Balance

  • Other Trust Monies (Selected)
  • Type of Trust Monies

  • ADI Name

  • Account Name

  • Branch

  • BSB

  • Account Number

  • Open/Closed

  • Balance

  • Comments

Bank Details

  • Has the Trust Account been Reconciled Monthly?

  • Copy of period end reconciliation

  • Number of matters with balances

  • Number of matters with Nil balances

  • Bank confirmation prepared?

  • Have you prepared request for copies of paid cheques?

a Trust Records

    Dormant Trust Accounts
  • Matter Number

  • Last Transaction Date

  • Amount

  • Comments

  • Total of dormant trust Accounts

b Computer System Controls

  • Authorised software being used

  • Enter version number

c Sample of Matters

  • Sample test of client matters

  • Contract
  • Name of client and matter number

  • Details of commissions, rebates, discounts

  • Are any solicitors' fees supported by invoices

  • Do all trust account transactions have proper support and client authorisation?

d Controlled Monies

  • Does the Practice have controlled monies?

  • Total of controlled monies?

  • Number of ledger acounts?

  • Have you agreed to reconciliation and bank statements at year end?

  • Comment on any unusual matters

e Other Trust Monies

  • Does the Practice have any other trust monies?

  • Have you reviewed the ledgers for other trust monies?

  • Have balances in trust ledgers been reconciled to bank statements?

  • Have bank statements been reviewed?

  • Comment on any unusual matters

f Checklist

  • Has the Law Society checklist been completed with the bookkeeper?

  • Comments


  • Has the bank confirmation been received and agreed?

  • Have copies of paid cheques been received and agreed?

  • Details of breaches

  • Breach
  • Particulars of breach

  • Are you in a position to complete the External Examiners Report?

The templates available in our Public Library have been created by our customers and employees to help get you started using SafetyCulture's solutions. The templates are intended to be used as hypothetical examples only and should not be used as a substitute for professional advice. You should seek your own professional advice to determine if the use of a template is permissible in your workplace or jurisdiction. You should independently determine whether the template is suitable for your circumstances.