Overview 

Proper accounting for attorney trusts is an important aspect of practice management. It ensures the safeguarding of client funds and compliance with regulatory requirements. This webinar provides an in-depth examination of the regulatory frameworks that govern the management of attorney trust accounts as well as best practices for maintaining accurate records.     

Join Lettie Janse van Vuuren CA(SA) on 21 May 2025, from 10h00 to 12h00, as she provides insights into the regulatory frameworks that govern the management of attorney trust accounts and how you can ensure compliance and prevent common pitfalls.  

Learning objectives 

Attending this webinar will equip you with the following skills:  

• Understand the key principles and standards governing legal practitioners’ trust accounts. 

• Understand the legal and ethical obligations in managing client funds. 

• Know how to properly account for trust account transactions. 

• Know the importance of performing reconciliations on trust accounts. 

• Learn how to comply with the relevant reporting obligations that are mandatory for legal practitioners’ trust accounts. 

Content 

The webinar will cover the following topics:   

• Introduction to Attorney Trust Accounts. 

  • Definition and purpose.  

  • Overview of the fiduciary duties of attorneys handling client funds. 

    • Objectives. 

    • Responsibilities. 

    • Limitations. 

    • Money laundering risks.  

  • Maintaining client trust and compliance.  

• Legal and Ethical Requirements for Trust Account Management. 

  • Regulatory framework and standards. 

    • Section 86 of the South African Legal Practice Act, 2014. 

  • Compliance requirements. 

    • Role of the LPC. 

    • Role of the LPFF.  

  • Existing guidelines regarding legal practitioners 'trust accounts.  

• Trust Account Processes and Methodologies:  

  • Procedures for setting up and maintaining trust accounts.  

  • Proper record-keeping and reconciliation techniques.  

  • Best practices for handling deposits, disbursements and transfers.  

• Reporting and Communication:  

  • Analysis of reporting requirements and best practices.  

  • Understanding the implications of non-compliance and reporting deficiencies. 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

About the presenter 

Lettie Janse van Vuuren CA(SA),  RA  

Lettie is a Chartered Accountant, Registered Auditor, as well as an Assessor and Moderator. She joined SA Accounting Academy in November 2017 as Head of Technical. As a professional trainer and webinar host, she is able to hold the attention of an audience with her relaxed and humorous presentation style.  She has a unique ability to communicate with delegates at their respective levels of knowledge and experience.  Over the last 20 years, she has trained thousands of partners, managers, trainee accountants and other professionals.    

She is responsible for researching, compiling and presenting our MCLU (Monthly Compliance and Legislation Updates). She was the Professional Development Manager at SAICA for 4 years and in charge of accrediting new training offices and monitoring existing ones (including the moderation of training offices and trainee assessments).      

Who should attend?  

The following persons will benefit from attending this webinar:  

• Advocates.  

• Attorneys.  

• Tax practitioners.  

• Corporate legal professionals.  

• Legal academics.  

• Candidate attorneys.  

• Law students.  

• Paralegals.  

Price               

• R 450.00 - Online admission - Individual.  

• Group Price 1 - From R337 per person (up to 5 users)   

• Group Price 2 - From R260 per person (up to 10 users)   

• Group Price 3 - From R224 per person (over 11 users)  

Steps to register for the event:   

If you already have a profile, login and register for the webinar.  

If you don’t have a profile, create a free profile then login and register for the webinar.  

Click here  to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).  

Click here  to find out about the Technical Resource Centre & CPD Subscription options.  

Additional material  

By attending this webinar you will be provided with:  

• A summarised slide presentation.  

• Reference documents and/ or course material where available.  

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.  

About SA Legal Academy  

Welcome to SA Legal Academy (SALA), a provider of courses to help you succeed in your chosen career. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Our courses are designed to ensure that you reach your professional goals and enhance your career prospects. With our experienced training staff and comprehensive resources, you can be confident that you will receive the highest quality of training from SA Legal Academy.  

SALA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses.  

Corporate Training Solutions  

At SALA, we recognise the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in legal and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 012 941 0448. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.  

Contact Us For More Information  

Have any questions or need any assistance? Contact us today!   

• Online chat through our website.   

• Phone: +27 (0) 12 941 0448   

• E-mail: [email protected]