CAUTION: This resource has not been updated for the November 13, 2025 electronic funds transfer rule amendments, which resulted in re-numbering of existing rules, and implementation of new ones. For help navigating the changes, please see:

Table of Concordance for ease of reference of the changes.
Trust Safety page for more information about the rule amendments.

If you have further questions or need assistance, please contact: audit@lawsociety.mb.ca

Complete Document – English

Trust Accounting Fundamentals

The general responsibility of the Trust Account Supervisor is to see that the firm has controls in place for the receipt and disbursement of client trust money and a system of record keeping. In order to fulfill that responsibility the Trust Account Supervisor must be knowledgeable of the trust accounting rules and requirements.

This course is designed to be a resource for members and anyone involved in trust account matters. Those who are applying to become a Trust Account Supervisor are also required to pass the exam associated with this course, however this exam is open to anyone who wishes to simply test their knowledge on trust accounting rules. Members ready to take the related exam can access it on demand here: Trust Account Supervisor Applicant Exam.

Further information regarding the trust safety program and being a trust account supervisor can be found on the main Law Society site here.

Complete Document – English

Trust Accounting Fundamentals

The Law Society of Manitoba

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