Guidance is provided to registered auditors in the special circumstances applicable to engagements on legal practitioners’ trust accounts, as required by the Legal Practice Act, No. 28 of 2014 (the Act) and the South African Legal Practice Council Rules made under the authority of Sections 95(1), 95(3) and 109(2) of the Act (the Rules)
An engagement on legal practitioners trust accounts to report compliance with the Act and the Rules is a reasonable assurance engagement within the scope of International Standard on Assurance Engagement (ISAE) 3000 (Revised), Assurance Engagements Other than Audits or Reviews of Historical Financial Information.
|Title||Date issued||Effective date||Documents|
Guide for Registered Auditors: Engagements on Legal Practitioners’ Trust Accounts (Revised March 2020), including:
|28 April 2020||Effective for financial periods commencing on or after 1 March 2019||PDF | Word|