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.

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