From just £170
1. COFA - A Beginner's Guide to the Role of a COFA (up to 3 hours)
2. COFA Survival Guide - An Intermediate Guide to Your Role (up to 3 hours)
A Beginner's Guide to the Role of a COFA
For those new to the role of a COFA, the world of financial compliance can be a confusing place. This live training aims to supply new COFAs with the basics on what happens in the legal finance world and how that relates to your role.
Expert speaker, Luke Dickinson, will provide an overview on the role of a COFA and some of the expectations of the COFA. As an expert on the Rules, he advises COFAs almost every week on Accounts Rules compliance.
He will also share his experiences from running an SRA Accounts Rules audit department.
This live training will cover the following:
- The key roles of the COFA and what is expected from you.
- High risk areas of the Accounts Rules.
- How to deal with residual balances and acting as a bank.
- The breaches register and how this helpful tool can be used to your advantage.
- What changes are expected and what does the future look like for the Accounts Rules.
3 hours of CPD training applicable
2. COFA Survival Guide - An Intermediate Guide to Your Role
The role of the COFA has become more demanding in the last four years since the SRA Accounts Rules were updated. This live training aims to tackle the most important day-to-day issues and will provide you with a guide to the high-risk areas you may encounter.
Expert speaker, Luke Dickinson, will provide a look into the world of being a COFA in the legal industry. As an expert on the Rules, he advises COFAs almost every week on Accounts Rules compliance.
He will also share his experiences with running an SRA Accounts Rules audit department.
This live learn will cover the following:
- The high risk areas you may come across on a regular basis. Including: provision of prohibited banking facilities, residual balances, shortages. from the client account and more.
- What happens when a breach is discovered. The breaches register and reporting requirements.
- How to deal with residual balances and what the Law Society recent practice note has to say.
- What changes are expected and what does the future look like for the Accounts Rules.
3 hours of CPD training applicable
"Thoroughly enjoyed the course, thanks. Whilst I've been in Finance for a number of years, I moved into the legal world 18 months ago. Needing to grow my relevant knowledge and learn more about the COFA role and responsibilities, this training was well structured and presented and clear to understand. I was easily able to cross reference this to our policies and systems and feel a lot more confident on understanding the requirements of the role". 7 November 2024